monday march 30, 2020 issue 3097/2020 …has the story on page 4. fbm klci 1343.09 15.00 klci...

FBM KLCI 1343.09 15.00 KLCI FUTURES 1326.00 4.00 STI 2528.76 41.20 RM/USD 4.325 CPO RM2376.00 19.00 OIL US$24.93 1.41 GOLD US$1641.30 14.70

Eight new Covid-19 deaths, while 68 more recovered from infection6 H O M E B U S I N E S S

FINANCIALDAILY

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M A K E B E T T E RDECISIONS

PP 9974/08/2013 (032820)PENINSULAR MALAYSIA RM2.00

MONDAY MARCH 30, 2020 ISSUE 3097/2020

5 H O M E B U S I N E S S




1 4 W O R L D B U S I N E S S

1 6 W O R L D

Virus impact to cost MBM Resources up to one-third of revenue

Ismail Sabri: Batu 21 to Batu 24 in Hulu Langat under enhanced MCO

SCGM forays into making PPE

Kelington confi dent of FY20 growth despite Covid-19

UK seeks to shield business

Italy’s virus deaths surge past 10,000

Th e Edge refutes allegation of fake news by Mindef PA G E 2

STAY HOME PLEASE

WE WILL DELIVER

THE NEWS TO YOU AT

theedgemarkets.com

DIVIDEND STOCKS still in vogue amid volatilityInvestors now have the opportunity to buy them on the cheap — analysts. Arjuna Chandran Shankar has the story on Page 4.


8 H O M E B U S I NNN E SE SE SE SSS SSSSSSS



MBM Resourcesup to one-third of revenue

Ismail Sabri: Batu 21 to Batu 24 inHulu Langat underenhanced MCO


Kelington confident fiof FY20 growth despite Covid-19


STAY HOME EEOMPLEASE

Innvestors noww have theIn estors noo ha e theoppportunity too buy them on the cheap —— annaaaalllllyyyyyyyyssssssssttttttttsssssss.AArjunaa CCCCCChhhhhhhhaaaaaaaannnnnnnnddddddddddddddddrrrraan Shankar hhhhhhhhhhhhhhhhaaaaaaasssss tttthhhhhhe story oon Page 4.

www.edgeprop.my/pullout

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FBM KLCI 1343.09 15.00 KLCI FUTURES 1326.00 4.00 STI 2528.76 41.20 RM/USD 4.325 CPO RM2376.00 19.00 OIL US$24.93 1.41 GOLD US$1641.30 14.70

Eight new Covid-19 deaths, while 68 more recovered from infection6 H O M E B U S I N E S S

FINANCIALFINANCIALDAILYDAILY

w w w . t h e e d g e m a r k e t s . c o m

M A K E B E T T E RDECISIONS

PP 9974/08/2013 (032820)PENINSULAR MALAYSIA RM2.00

MONDAY MARCH 30, 2020 ISSUE 3097/2020






1 6 W O R L D

Virus impact to cost MBM Resources up to one-third of revenue

Ismail Sabri: Batu 21 to Batu 24 in Hulu Langat under enhanced MCO


Kelington confi dent of FY20 growth despite Covid-19


Italy’s virus deaths surge past 10,000

Th e Edge refutes allegation of fake news by Mindef PA G E 2

STAY HOME PLEASE

WE WILL DELIVER

THE NEWS TO YOU AT

theedgemarkets.com

DIVIDEND STOCKS still in vogue amid volatilityInvestors now have the opportunity to buy them on the cheap — analysts. Arjuna Chandran Shankar has the story on Page 4.


2 MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY

For breaking news updates go towww.theedgemarkets.com

O N E D G E T V


PM announces massive RM250 billion rescue package

BY RICHARD LOUGH & KIRSTI KNOLLE

BY C O S TA S P I TA S

Th e Edge refutes allegation of fake news by Mindef

The Edge Communications Sdn Bhd (266980-X)

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For News Tips/Press ReleasesTel: 03-7721 8219 Fax: 03-7721 8038Email: [email protected]

Editor-in-Chief Azam ArisExecutive Editors Ooi Inn Leong, Kathy Fong, Jenny Ng, Diana KhooSenior Editors Cindy Yeap, Jose Barrock, Kang Siew Li, Joyce GohAssociate Editors R B Bhattacharjee, Vasantha Ganesan, Adeline Paul Raj Deputy Editor Tan Choe Choe Assistant Editors KanagarajuS SithambaramChief Copy Editor Felyx TeohAssistant Chief Copy Editor Melanie ProctorAssociate Copy Editor Teoh Hock SiewCopy Editors Tham Kid Cheng,Tham Yek LeeArt Director Sharon KhohChief Graphic Designer Cheryl LohDesign Team Valerie Chin, Mohd Yusry, Aaron Boudville, Aminullah Abdul Karim, Noorain Duasa, Tun Mohd Zafi an Mohd Za’abah

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WE refer to the statement made yesterday on national TV by De-fence Minister Datuk Seri Ismail Sabri Yaakob alleging that th-eedgemarkets.com had published fake news attributed to him on lockdown locations.

We are not sure which article YB Ismail Sabri was referring to as he did not specify.

We did recently publish an ar-ticle that was attributed to the minister — MCO: SOP to be tight-ened in second phase — Ismail Sabri which was uploaded onto our website www.theedgemar-kets.com on March 26 at 4.20pm.

This was a Bernama story which quoted the minister after he chaired the special ministerial

meeting on the MCO (movement control order). Th e Bernama ar-ticle which we published did not contain any information on so-called locations which will face tighter lockdown restrictions.

It has, however, come to our at-tention that a social media posting has gone viral, where the person behind that posting inserted a link to our article with a photograph of YB Ismail Sabri. Th at person had tagged on to the headline a list of locations under Affected Areas that supposedly will face tighter lockdowns.

Th is posting was not done by us.It is obvious that the person

who did it used the headline of the Bernama story that we pub-

lished on www.theedgemarkets.com, and added false information on Aff ected Areas.

We are disappointed that YB minister Ismail Sabri has accused us of publishing fake news on na-tional TV without basis and without checking if that social media post was ours. We hope the Malaysian Communications and Multimedia Commission (MCMC) will inves-tigate this matter. Th ese are trying times that the nation is facing.

Th e Edge will always practise responsible journalism. We are also doing our part beyond our work in reporting news.

We have rallied Corporate Malaysia to raise money to buy equipment for our hospitals un-

der Th e Edge Covid 19 Equipment Fund, and to provide assistance to healthcare workers who fall sick via Th e Edge Covid-19 Health Care Workers Support Fund.

Th is is the second time in the past one week that fake social me-dia postings have been linked to us. We expect that there will be more in the future. But we will not be distracted from our work — be it truthfully reporting the news or undertaking corporate social responsibility (CSR) initiatives.

Ho Kay TatPublisher & Group CEO

Azam ArisEditor-in-Chief

PUTRAJAYA: Households and sin-gle individuals listed as Cost of Liv-ing Aid (BSH) recipients do not need to make new applications for the Bantuan Prihatin Nasional (BPN) cash handouts.

Th e ministry of fi nance (MoF) said in a statement yesterday that the BPN payments would be made directly to the recipients through their bank accounts registered un-der BSH.

“Households earning RM4,000 or less will get BPN of RM1,600 while singles earning RM2,000 or less will receive BPN of RM800.

For households earning be-tween RM4,001 and RM8,000 and singles earning between RM2,001

and RM4,000 who are registered taxpayers under the Inland Reve-nue Board (LHDN), the MoF said they also do not need to make new applications for BPN.

BPN payments of RM1,000 for households and RM500 for eligible individuals under the category will be made directly to them through their bank accounts registered with LHDN, it added.

For those who have not registered, new applications can be made start-ing from Wednesday via LHDN’s website at www.hasil.gov.my, it said.

“Th e ministry wishes to remind the public to be wary of scammers who have become emboldened by the opportunity to commit fraud

against those who need such as-sistance.

“Recipients are advised to refer to offi cial sources and not to dis-close any personal information to any third party,” it said.

For more information, the public can contact the MoF at 03-8882 9089/ 03-8882 9087/ 03-8882 9191/ 03-8882 4565/ 03-8882 4566 from 9am to 5pm (Sunday to Friday), through email at [email protected]/[email protected] or Telegram appli-cation PRE PRIHATIN or the MoF offi cial Facebook page.

Enquiries can also be forwarded to LHDN via calls from 9am to 5pm (Sunday to Friday) at 1-800 882 747 or 03-8911 1000. — Bernama

BSH recipients need not make new applications for BPN

PARIS/VIENNA: How the European Union (EU) responds to the Cov-id-19 pandemic will determine its future credibility, a French minister said yesterday, after the bloc failed to agree last week on measures to cushion the economic blow.

Th e EU is struggling for a coordi-nated response to the coronavirus, the latest test of the bloc’s solidari-ty after it was shaken by Brexit, the 2015-2016 migration wave and the eurozone debt crisis.

“If Europe is just a single market when times are good, then it has no sense,” European Aff airs minister Amelie de Montchalin told France Inter radio.

Th e bloc’s divisions were laid bare after leaders hit an impasse on Th ursday over how to minimise the

Covid-19 crisis puts EU credibility on the line — France

economic pain and prepare for an eventual recovery, with the ailing south incensed by the resistance of the richer north to off er more support.

Germany and the Netherlands came out strongly against a push by Italy, Spain, Portugal and France to issue joint bonds to help fi nance an economic stimulus. Th ere were also squabbles over the sharing of medi-cal equipment and border controls.

In Austria, Chancellor Sebastian Kurz fumed at double standards within the bloc after his country was slowed in eff orts to secure face masks from Germany while other capitals criticised Vienna’s own controls on the Italian border.

“After the crisis is over, there will have to be tough discussions within the EU,” Kurz told the Kro-nen Zeitung newspaper.

De Montchalin said there would be no economic rebound in Ger-many and the Netherlands if the rest of Europe remained sick. Th e coronavirus crisis raised existential questions for Europe, she added.

“Our Europe is one of action, one of solidarity, and if certain countries see otherwise, well then the question of their place will raise itself, as will what the union should be doing as a group of 27,” said de Montchalin.

However, she cited the decision by Germany and others to take in critically ill French Covid-19 patients and relieve pressure on France’s healthcare system as proof that solidarity between member states persisted.

Europe’s populist parties would be the winners if EU leaders failed to act together during a major cri-sis, she said. — Reuters

LONDON: Britain has placed an order for 10,000 ventilators to be made by a consortium of compa-nies including Ford Motor Com-pany, Airbus SE and Rolls-Royce Holdings plc as part of eff orts to fi ght Covid-19, an industry source told Reuters.

Governments around the world are trying to boost the num-ber of ventilators — mechanical breathing devices that can blow air and oxygen into the lungs — available to their health services.

The equipment is crucial for the care of people who suff er lung failure, which can be one of the complications suff ered by patients with severe Covid-19, the disease caused by the coronavirus. But they do not necessarily save people.

An announcement is due to-day, the source said.

British media previously re-ported the news. A spokeswoman at Prime Minister Boris Johnson’s Downing Street offi ce declined to off er an immediate comment when contacted by Reuters.

Britain’s publicly-funded Na-tional Health Service has a little more than 8,000 ventilators at its disposal, senior government min-ister Michael Gove said yesterday.

Th e government is boosting capacity through agreements made with the private sector and overseas suppliers as well as domestic production.

“We’ve done a deal with (vac-uum cleaner company) Dyson, which means that — provided all the appropriate tests are passed — we can have an additional 10,000 ventilators,” Gove said. — Reuters

Britain orders 10,000 ventilators in fi ght against virus — source

3MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

4 H O M E B U S I N E S S MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY

Dividend stocks still in vogue amid volatilityInvestors now have the opportunity to buy them on the cheap — analysts

BY A R J U N A C H A N D R A N S H A N K A R

KUALA LUMPUR: Dividend stocks are worth keeping an eye out for de-spite the volatility in the market amid the Covid-19 pandemic, say analysts.

Investors now have the opportu-nity to buy many dividend stocks on the cheap, but they should do their homework and see if such stocks are able to weather the impacts of the pandemic, analysts said.

Hong Leong Investment Bank head of retail research Loui Low said investors should go for companies that have a net cash position and high dividend yield provided that their business prospects are unlikely to be impacted by the virus outbreak.

In terms of yields, Low opined that at this juncture, counters with an 8% to 10% yield could be worth looking at.

In particular, he recommended utility companies such as those in water supply.

Th ese would include YTL Power International Bhd, an independent power producer and water and sewerage company, which has an indicative dividend yield of 8.45%, based on Bloomberg data as at mar-ket close last Friday.

Taliworks Corp Bhd, which is also involved in the water business, has an indicative dividend yield of 7.45%.

TA Investment Management chief investment offi cer Choo Swee Kee highlighted that for long-term investors who just need dividend income, anytime is a good time to pick up high-dividend-yield stocks as they are not worried about short-term capital losses.

“Of course, you should increase your purchase now as the yields you can get are much higher now and you can increase your average portfolio yield.

“If you are just a short-term in-vestor or trader, you can actually get much higher capital appreciation returns when [the] market recovers if you buy high beta stocks,” he said.

Nevertheless, the Covid-19 out-break has presented challenges for such high-dividend counters. Th e movement control order (MCO) means that non-essential businesses have had to suspend their operations.

Combined with weakening con-sumer sentiment, many experts are

of the view that corporate earnings will decline.

LeInves PLT chief investment offi cer William Ng said traditionally high-dividend-yield stocks are main-ly concentrated in sin industries, real estate investment trusts (REITs) and fast-moving consumer goods.

“However, the Covid-19 outbreak is making an impact in a historic way, as almost all sectors will be hurt be-sides the medical, hospital, pharma-ceutical and utility sectors,” Ng said.

Low said lower earnings in this weak business environment would also translate into a lower dividend payout.

“Under this scenario, it depends on your business model, whether you could withstand the weaker demand moving forward on most things. At the end of the day, everything should return to normal after the virus has been contained,” said Low.

He opined that even if counters are unable to deliver a 10% dividend yield, yields would still be satisfactory.

“Th is is even if you slash 10% in half you would still get a 5% yield, which is still decent when compared with interest rate you would get from fi xed deposits,” Low said.

Earnings prospects still a focal pointFor Ng, the sheer ability for a com-pany to deliver positive net earnings and dividends in this current climate is already a plus point.

Choo highlighted that all dividend stocks can fall sharply when the mar-ket is irrational — with certain div-idend-yielding counters aff ected in the short term due to certain crises that aff ect their business model.

“Th at is why we recommend in-vestors to think in longer term. For example, Pavilion REIT’s revenue and dividend yield for this year may be aff ected by the Covid-19 and the MCO but long-term rental revenue and dividend yield should recover,” said Choo.

As such, he said investors should focus on sectors that are resilient and have a stable business model can sustain high dividend yields on a long-term basis.

These include monopolistic types of businesses and conces-sion-based sectors such as tele-communications, power genera-tion, gaming, REITs and airports.

Dividend yields among FBM KLCI constituents

COMPANY SHARE YEAR-TO-DATE ONE-YEAR MARKET CAP INDICATIVE PRICE (RM) RETURN (%) RETURN (%) (RM BIL) DIVIDEND YIELD (%)

Malayan Banking Bhd 7.37 -15.86 -20.41 81.72 8.68Tenaga Nasional Bhd 12.40 -7.84 -1.43 69.49 4.03Public Bank Bhd 15.90 -18.16 -32.05 60.33 4.59IHH Healthcare Bhd 5.30 -1.65 -8.62 47.20 0.75Maxis Bhd 5.37 1.26 -1.47 41.68 3.72Petronas Chemicals Group Bhd 4.75 -35.78 -47.51 37.20 3.79CIMB Group Holdings Bhd 3.57 -29.77 -29.59 34.73 7.28MISC Bhd 7.50 -8.35 12.74 33.61 4.00DiGi.Com Bhd 4.39 -2.80 -4.36 33.35 4.15Sime Darby Plantation Bhd 4.70 -13.76 -7.66 32.36 0.21Nestle (M) Bhd 136 -6.80 -6.21 32.13 2.06Axiata Group Bhd 3.38 -17.87 -17.96 31.16 2.66Petronas Gas Bhd 15.40 -4.56 -12.16 30.79 4.68Hong Leong Bank Bhd 14.20 -17.05 -29.98 30.78 3.52IOI Corp Bhd 3.90 -16.79 -13.72 23.82 2.18PPB Group Bhd 16.52 -12.10 -8.63 23.56 1.88Hartalega Holdings Bhd 6.99 24.08 50.97 22.93 1.06Kuala Lumpur Kepong Bhd 20.58 -16.11 -16.68 22.11 2.43Petronas Dagangan Bhd 20.20 -11.70 -18.54 19.87 3.47RHB Bank Bhd 4.97 -14.36 -12.65 19.85 5.13Hap Seng Consolidated Bhd 7.80 -21.84 -20.41 19.42 4.49Dialog Group Bhd 3.06 -10.72 -3.47 17.37 1.24Top Glove Corp Bhd 6.32 31.91 40.44 15.88 1.19Hong Leong Financial Group Bhd 13.60 -22.84 -28.35 14.93 3.09Genting Bhd 3.60 -41.11 -44.31 13.40 3.47Press Metal Aluminium Holdings Bhd 3.05 -35.73 -32.37 12.03 1.64Sime Darby Bhd 1.66 -24.32 -26.22 11.43 1.20Genting Malaysia Bhd 1.97 -40.11 -36.63 10.74 5.58AMMB Holdings Bhd 2.93 -25.83 -35.32 8.72 7.17Malaysia Airports Holdings Bhd 4.40 -42.11 -39.64 7.30 3.18Data compiled last Friday Source: Bloomberg

Top dividend-yielding stocks among FBM KLCI top 100

COMPANY SHARE YEAR-TO-DATE ONE-YEAR MARKET CAP INDICATIVE PRICE (RM) RETURN (%) RETURN (%) (RM BIL) DIVIDEND YIELD (%)

British American Tobacco (M) Bhd 10.16 -32.70 -70.97 2.82 11.61Bermaz Auto Bhd 1.13 -46.85 -49.31 1.28 9.69Malaysia Building Society Bhd 0.555 -35.54 -40.64 3.59 9.01Malayan Banking Bhd 7.37 -15.86 -20.41 82.85 8.68Astro Malaysia Holdings Bhd 0.88 -33.46 -40.94 4.41 8.52Magnum Bhd 1.92 -26.46 -20.00 2.65 8.33Malakoff Corp Bhd 0.795 -11.49 -12.15 3.76 8.24YTL Hospitality REIT 0.955 -30.63 -25.97 1.59 8.02Matrix Concepts Holdings Bhd 1.57 -18.32 -17.26 1.28 7.64Alliance Bank Malaysia Bhd 1.91 -29.66 -53.07 2.86 7.43Data compiled last Friday Source: Bloomberg

Top dividend yields among FBM KLCI mid 70

NAME SHARE YEAR-TO-DATE YEAR-ON-YEAR MARKET CAP INDICATIVE PRICE (RM) RETURN RETURN (RM BIL) DIVIDEND YIELD (%)

British American Tobacco (M) Bhd 10.16 -32.70 -70.97 2.82 11.61Bermaz Auto Bhd 1.13 -46.85 -49.31 1.28 9.69Malaysia Building Society Bhd 0.555 -35.54 -40.64 3.59 9.01Astro Malaysia Holdings Bhd 0.88 -33.46 -40.94 4.41 8.52Magnum Bhd 1.92 -26.46 -20.00 2.65 8.33Malakoff Corp Bhd 0.795 -11.49 -12.15 3.76 8.24YTL Hospitality REIT 0.955 -30.63 -25.97 1.59 8.02Matrix Concepts Holdings Bhd 1.57 -18.32 -17.26 1.28 7.64Alliance Bank Malaysia Bhd 1.91 -29.66 -53.07 2.86 7.43Berjaya Sports Toto Bhd 2.22 -13.61 -5.53 2.93 7.21Data compiled last Friday Source: Bloomberg

H O M E B U S I N E S S 5MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

Ismail Sabri: Batu 21to Batu 24 in Hulu Langat under enhanced MCO

Virus impact to cost MBM Resources up to one-third of revenue‘Th e numbers will change depending on how fast we can contain the spread of this virus’

BY M U H A M M E D A H M A D H A M D A N

KUALA LUMPUR: MBM Resources Bhd expects its revenue to drop by 25% to 30% this year due to the Covid-19 pandemic, which has forced many nations the world into a lockdown.

According to the group’s chief executive offi cer (CEO) Dr Muhammad Iqbal Sha-harom, its motor trading segment will be hit the hardest, no thanks to the extension of the movement control order (MCO) in Malaysia.

“We believed we could still catch up in April and May if the MCO was only [en-forced for] two weeks. But now we have to revise our 2020 budget,” he told Th e Edge Financial Daily.

“We are still finalising the revised budget,” added Muhammad, who is also the president of MBM Resources.

MBM Resources’ net profi t rose 32% to RM220.49 million for the fi nancial year ended Dec 31, 2019 (FY19), from RM166.76 for FY18. This was recorded on higher revenue of RM2.09 billion, up 11% from RM1.88 billion, with its motor trading business being the biggest contributor.

Th e group is involved in the distribution and dealership of international marques like Daihatsu, Hino, Iveco, Volvo, Volkswa-gen and Mitsubishi in Malaysia.

It also owns a 22.58% stake in Perusa-haan Otomobil Kedua Sdn Bhd (Perodua) — a long-time market leader in the local automotive industry.

“In terms of sales, we have two to three weeks of outstanding orders that need to be fulfi lled. Aftersales customer service have been temporarily halted until the partial lockdown is lifted. Our manufacturing di-vision is fi ne for now but if the lockdown

goes on longer than four weeks, it will not be good,” Muhammad said.

MBM Resources also manufactures steel and alloy wheels, safety restraint products — airbags, seat belts and steering wheels — and noise, vibration and harshness products. Th e group is a signifi cant parts supplier to all major car manufacturers in the country, according to its website.

Its non-executive chairman Datuk Am-inar Rashid Salleh said while the Covid-19 crisis is worrying, it is too early to predict or forecast its total impact on businesses and the economy.

“What’s important now is that we focus on combating the virus. Th e numbers will change depending on how fast we can contain the spread of this virus and reach a plateau on new cases.

“Since the world is aff ected by Covid-19, economic recovery will be slow. But on a positive note, this may be a good time for companies to do mergers and acquisitions.

Th ey may want to relook into their existing business models and strengthen their risk management,” said the former Perodua CEO.

MBM Resources boasts a strong balance sheet, with a positive net cash position of RM227.8 million as at Dec 31, 2019.

Last Wednesday, Prime Minister Tan Sri Muhyiddin Yassin announced the govern-ment’s decision to extend the MCO by 14 days to April 14 from March 31, as he point-ed to rising daily new cases. He also did not rule out the possibility of a further extension after April 14, if the situation warranted it.

Meanwhile, Affin Hwang Capital said in a recent report that the economic slow-down would impact market sentiment, with non-national cars expected to face tougher times ahead.

Th e research house, which has a “neu-tral” stance on the sector, also downgraded MBM Resources to “hold” at RM3.46 and cut its target price to RM3.60 from RM5.40

previously, according to its March 4 report.Last Friday, MBM Resources closed nine

sen or 3.44% higher at RM2.71, which gave it a market capitalisation of RM1.06 billion.

Affi n Hwang said MBM Resources’ asso-ciate, Perodua, will likely see sales moder-ate from the recent high of 240,00 units in 2019, considering the challenging econom-ic outlook and intense rivalry with Proton Holdings Bhd.

“A prolonged Covid-19 epidemic could also cause temporary manufacturing sup-ply disruption for the auto parts division, while also dampening demand,” it added.

In an exchange filing on its FY19 per-formance, MBM Resources said it expects potential temporary manufacturing supply delays from China due to Covid-19.

However, the group said it has embarked on a transformation programme to improve its current operations in terms of profi tability.

This includes cost rationalisation and effi ciency improvement, tightening of per-formance measurements, as well as the ex-pansion of product and service off erings.

“Th e group is also formulating strategies to drive mid- to long-term growth,” it added.

KUALA LUMPUR: The government has enforced an enhanced movement con-trol order (EMCO) in areas covering Batu 21 to Batu 24, Sungai Lui in Hulu Langat, Selangor, starting from midnight last night.

Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said the EMCO in-volves seven villages, comprising two Orang Asli settlements and fi ve Malay villages.

Th e order, eff ective from midnight (last night) until April 13, covers 700 homes with 3,918 residents, he said in a statement here yesterday.

Ismail Sabri said the decision was made after taking into account the high number of Covid-19 positive cases involving Maa-had Tahfi z AnNabawiyyah students at Batu 23, Sungai Lui.

He said the ministry of health (MoH) had confi rmed that there were 71 positive cases out of 274 students at the maahad tahfi z.

All residents and visitors who are al-ready in the areas are not allowed to leave home during the implementation of the EMCO, he said.

“Non-residents and visitors will not be allowed to enter the areas during the peri-

od of the EMCO and all business activities are suspended.

“For the next 14 days, food to all resi-dents will be provided by the Welfare De-partment and a medical base will be opened in aff ected areas while all entry points into the areas will be closed,” he said.

Ismail Sabri, who is also the defence minister, said to ensure compliance with this order, the Royal Malaysia Police, Ma-laysian Armed Forces, Malaysia Civil De-fence Force and the People’s Volunteer Corps will control the entire area.

All residents should remain calm and give full cooperation to MoH personnel as well as to follow orders from the author-ities, he said.

Th ose who need assistance or informa-tion can direct their call to 03-89254809/ 03-8911420.

For the record, this is the second EMCO implemented by the government after two areas in Simpang Renggam — Kampung Dato’ Ibrahim Majid and Bandar Baharu Dato’ Ibrahim Majid — were put under the same order, eff ective last Friday. — Bernama

Muhammad: Our manufacturing division is fi ne for now, but if the lockdown goes on longer than four weeks, it will not be good.


Eight new Covid-19 deaths, while 68 more recovered from infectionTh e total tally nationwide hits 35 as the global toll tops 31,000

BY A D A M A Z I Z

Malaysia’s Covid-19 positive case tally

Number of new cases

Total number ofpositive cases

MCO Period

Source: Ministry of health

2020

2,470

Jan

25

Mar

ch 4

Mar

ch 2

9

Mar

ch 1

8 0

50

100

150

200

250

0

500

1000

1500

2000

2500

Number of Covid-19 cases according to states in Malaysia

0 100 200 300 400 500 600 700

(As at noon, March 29, 2020)

SelangorWilayah Persekutuan Kuala Lumpur

JohorSabahPerak

Negeri SembilanSarawakKelantan

Pulau PinangKedah

PahangTerengganu

MelakaWilayah Persekutuan Putrajaya

PerlisWilayah Persekutuan Labuan

TOTAL: 2,470

612372

309197

176162

129123

8775

964743

221010

2824

011

91115

Number of new cases: 150

11

12

12

02

0

33

Covid-19 outbreak

confirmed cases

2,470Malaysia

(AS AT 11PM, MARCH 29, 2020)

388 cured

35 deaths

Covid-19 outbreak

confirmed cases

679,034Global

(UPDATED 5.40PM, MARCH 29, 2020)

141,216 cured

31,670 deaths

10 countries with the highest number of confirmed cases

0 26,000 52,000 78,000 104,000 130,000

(As of March 29, 2020)

USItaly

ChinaSpain

GermanyIran

FranceUK

SwitzerlandBelgium

124,66592,472

81,44378,797

58,24738,30938,105

17,31214,336

10,836

The tally in Asia

0 30,000 60,000 90,000

(As of March 29, 2020)

ChinaIran

South KoreaIsrael

MalaysiaJapan

PakistanPhilippines

ThailandIndonesia

81,44338,309

9,5833,865

2,4701,8101,5001,4181,3881,285

Saudi ArabiaIndia

Singapore

1,203987802

KUALA LUMPUR: Malaysia’s total deaths from the Covid-19 virus have risen to 35 as at 11pm yesterday, fol-lowing eight new deaths over the weekend. Th ose who succumbed to the virus included a male aged 27 with a history of diabetes and hyperten-sion, as well as a 91-year-old female.

Th e death count represented a rate of 1.38% of the cumulative confi rmed infection cases in Malaysia of 2,470, following 159 new cases announced on Saturday and another 150 cases yesterday.

Meanwhile, 68 more patients have recovered, bringing the total number of patients who were discharged to 388 or a rate of 15.71%.

Th e latest infection tally has put Malaysia among 25 countries with the highest number of confi rmed Cov-id-19 cases, ahead of Ireland (2,415) and Denmark (2,366) at the time of writing.

Around the world, the tally of pos-itive cases has risen to just under 680,000 — a 10% increase from the previous report. Total deaths rose to 31,670 or a rate of 5.66%, while around 21% or 141,216 patients have been declared cured.

Th e country with the most number of confi rmed cases, the US, continues to see an increase in daily new cases, as it reported 20,400 new patients for a total of 124,665 cases. Meanwhile, daily death tolls spiked above 400 last Friday and on Saturday, bringing the total deaths to 2,191 cases there.

Italy, which has the highest death toll, saw a jump of 919 deaths last Friday and another 889 on Saturday for a total of 10,023. New cases have risen by around 6,000 daily, for a to-tal of 92,472.

Spain, another badly hit country, has 6,528 deaths so far. Like Italy, it has a higher death count compared with China, where the virus report-edly originated.

Th ere were 6,549 new cases re-ported, bringing the total to 78,797 cases — just below China’s 81,443 as the latter reported no new do-mestic cases.

Meanwhile, Defence Minister Da-tuk Seri Ismail Sabri Yaakob, who is also a senior minister, clarifi ed that the enhanced movement control order (MCO) will not escalate into a curfew or emergency ordinance, so long as the order is implemented under the Prevention and Control of Infectious Diseases Act 1988.

Th e government also expects to announce today a new standard of procedure for the MCO, the minister said in a national address yesterday.

MoH expects new cases to spike in mid-AprilTh e ministry of health (MoH) has set a goal to limit the number of cases to under 5,000, as it prepares its man-power and facilities ahead of an ex-pected spike in mid-April.

Th is includes a temporary 600-bed facility in Serdang, Selangor, as well as up to 9,200 additional beds available in MoH training institutes nationwide on top of some 5,292 beds currently available.

Th is is as some 5,123 individu-als under the Seri Petaling Mosque tabligh group have not shown up to have their samples taken, health di-rector-general Datuk Dr Noor Hisham Abdullah said on Saturday.

“Within a period of one month, [this] has already resulted in the fi fth generation of patients originating

from the Seri Petaling tabligh group,” he said.

As the government provided more allocation to allow the ministry to beef up manpower, there are also 150 volunteers positioned in stag-es to assist medical offi cials on the front lines. Another 1,008 volunteers from the medical fi eld will come in soon, he said.

Meanwhile, the government has called for more volunteers to join the Covid-19 containment eff orts, by fi lling up a form available on the MoH offi cial Facebook page.

Health workers performing testing at a drive-thru Covid-19 testing centre at KPJ Damansara Specialist Hospital in Petaling Jaya, Selangor on Saturday. The government expects to announce today a new standard of procedure for the MCO. Photo by Reuters

7MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY


KUALA LUMPUR: Consumption and infl ation growth will see a one-off rebound due to low-base eff ect caused by depressed consumption during the nationwide movement control order (MCO), said the Insti-tute for Democracy and Economic Aff airs (IDEAS).

According to its research man-ager Lau Zheng Zhou, the rebound would depend on how soon the MCO is lifted.

However, due to the ongoing uncertainty, it was more likely that consumption and infl ation growth would thread lowly for the rest of the year, and that might be a new normal if the situation persists.

“Private consumption growth is expected to shrink and togeth-er with the MCO impact on busi-nesses, there will be defl ationary pressure,” he told Bernama.

Asked whether the RM250 bil-lion stimulus package announced by the Prime Minister Tan Sri Mu-hyiddin Yassin last Friday would nurse the economy back to health,

SCGM forays into making PPEIt has started making protective face shields to meet huge demand due to the Covid-19 pandemic

BY L A I Y I N G Y I

BY S I T I R A DZ I A H H A M Z A H

KUALA LUMPUR: The shortage of personal protective equipment (PPE) due to the unprecedented demand amid the Covid-19 pan-demic has prompted some front-line staff in local hospitals to use do-it-yourself (DIY) protective gear made from everyday items such as plastic bags and cling wraps.

Some charitable organisations and individuals have even started making protective face shields us-ing acrylic sheets and plastic sheets materials, as well as 3D printing, to donate to hospitals that are in need.

Riding on the sudden surge in demand, SCGM Bhd, which special-ises in thermoform food packaging products, has also decided to foray into making protective face shields.

Its executive chairman Datuk Seri Lee Hock Seng told Th e Edge Financial Daily that the company had received massive orders from hospitals, both locally and in Singa-pore, and even a number of enquir-ies from other parts of the world.

However, he said that due to con-straints arising from the movement control order (MCO), the company’s factories could not operate at their optimal levels to meet the huge de-mand, with backlog orders slowly piling up, forcing the company to ignore overseas demand.

But last Tuesday, SCGM received approval from the ministry of inter-national trade and industry (Miti) allowing the company to resume normal operations during the MCO. Lee hopes that with the ramp-up production, the company can catch up with the heightened demand.

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Consumption, infl ation growth to see one-off rebound — IDEAS

Lee claimed that Miti had been slow in responding to its request.

“Since the MCO started on March 18, we have been making all the relevant applications, but there were no responses at all, not even a reply on whether we failed the process or not.”

“We had lost invaluable amount of time, which equates to our pro-ductivity to supply these essential medical gears. Throughout this period, the whole supply chain was literally malfunctioning and some of the auxiliary items are run-ning out.”

Asked about the availability of inventory, Lee said it is not an issue as the company has ample stock of polyethylene terephthalate (PET), the raw material for making face shields. Th ere is suffi cient raw ma-terial in Malaysia as a few huge PET producers operate here.

However, Lee is more con-cerned about auxiliary items, such as sponge foams, rubber elastic bands and carton boxes, as these

PET producers might not be able to get the authority’s approval to operate at normal capacity.

Mass production of face shieldsMoving forward, SCGM will focus on producing face shields with a quarter of its workforce involved in production at its newly-formed healthcare protection gear pipeline.

In addition, Lee said the compa-ny has ordered a face mask making machine, and is looking at moving into mass production in mid-April. Th e company was also able to ob-tain non-woven fabric raw material.

“We will be allocating our re-sources to the healthcare portfolio, as the margins are generally higher than the current ones.”

On whether SCGM’s existing business has been aff ected by the Covid-19 pandemic, Lee said that due to people’s behavioural change during the MCO, takeaway demand has surged which has, in turn, ben-efi tted the company’s business.

“Despite the [partial] lockdown,

supermarkets and essential food ser-vices are still operational, and in fact our products are mainly servicing these two segments. We are truly the lucky ones,” Lee said.

In terms of overseas business, SCGM is still busy fulfi lling its obli-gation with its Australian and Indo-nesian counterparts, which is why it cannot allocate more resources to the higher-margin healthcare pipeline.

On prospects, Lee is optimistic about the company’s business mo-mentum and expects commenda-ble fi nancial results for the coming quarters.

Favourable feedstock pricePublic Investment Bank Bhd, in a research note in December 2019, noted that resin prices have fallen to US$850 per tonne, the lowest level in 10 years, due to supply glut

by global resin producers.Th e research house said the steep

decline in resin cost, which makes up 60% of SCGM’s production cost, will result in signifi cant cost reduction for the company. In addition, SCGM’s management does not practise a hedging policy and thus it allows the company to benefi t immediately from low resin prices.

As at last Friday, the spot price for Southeast Asia polyethylene was US$900 (RM3,894) per tonne, still considerably lower than its recent 10-year peak of US$1,680 in 2013.

SCGM’s recent fi nancial results showed that the company posted net losses for fi nancial years 2018 and 2019 despite reporting slight improvement in revenue.

In February 2017, the company began constructing its new factory at a cost of RM54 million. Th e re-location was fully commissioned in mid-2019.

Th roughout the period, the com-pany sustained high depreciation and relocation costs, while fi ne-tun-ing its manufacturing capacity back to optimal levels.

Lee said the relocation process was completed eight months ago, and the machines are now operat-ing at optimal levels.

SCGM returned to profi t for the six months ended Oct 30, 2019.

Its shares rallied from a low of 76 sen in August 2019 to hit a high of RM1.68 in January 2020.

However, the stock fell in line with the broad market movement, falling to an initial low of 76 sen on March 19, before rebounding to RM1.07 last Friday, valuing the company at RM207 million.

Lau said it would all depend on the Covid-19 situation as it would determine how soon the business and the economy can return to nor-malcy, even if it is done gradually.

He noted the short to medi-um-term impact of the MCO would be on liquidity as businesses have to absorb losses for unsold inven-tories despite having to pay salaries and credit to suppliers.

Th is would result in business closure, with small and medium enterprises (SMEs) being aff ected more than large corporations as they do not have much cash reserve.

“Also, by separating ‘essential’ and ‘non-essential’ goods and services, the disruption to supply chain can be massive as machines, component parts, raw materials and other intermediate services

are important in order to produce ‘essential’ goods,” said Lau.

He stressed that not relaxing MCO soon would mean produc-tion for essential goods, including food, is not guaranteed.

For the medium to long-term impact of within a year, IDEAS ex-pects a global recession to be trig-gered.

“Even if Malaysia recovers from the Covid-19 peak, we will not be isolated from the falling global de-mand in trade and investment. But it is expected for the recession to demonstrate a V-curved rebound in 2021.

“So Malaysia is poised to take advantage of the supply chain dis-ruption because multinationals have been rerouting production from China due to the US-China trade war before this and now from Covid-19,” Lau pointed out.

He said that the government would introduce more measures should the MCO be extended again.

“Th e government has been in-troducing its measures in phases. From spurring consumption to so-

cial protection, the government is expected to address the disruption to SMEs, supply chain and trade next because production capacity is damaged if the MCO is extended for too long.

“We do not want to get out from a health crisis, just to get into an economic crisis,” said added.

On Bank Negara Malaysia’s move to impose a six-month moratori-um on loans and fi nancing pay-ments eff ective from Wednesday, Lau said an immediate deferment is crucial to ensure availability of liquidity so as not to cause large-scale insolvency, which may trigger a crisis by itself. “If businesses fail [across] the board, banks will face higher non-performing loans and hence, [that is] a bigger problem. Th e banking industry is taking the hit just like all other industries.

“Who knows, this will speed-up cost-saving strategy for banks and see more measures to enhance ef-fi ciency through digitalisation or product diversifi cation. After all, there is always opportunity in a crisis,” he added. — Bernama

Private consumption growth is expected to shrink and together with the MCO impact on businesses, there will be defl ationary pressure, says IDEAS’ Lau. Photo by Bernama

Lee says the company has received massive orders from hospitals, both locally and in Singapore, and even a number of enquiries from other parts of the world. Photo by Haris Hassan

H O M E B U S I N E S S 9MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

Kelington confi dent of FY20 growth despite Covid-19But it warns of possible delays in investments as new projects will be held back

BY W O N G E E L I N

BY D AYA N A N A J WA

& K H AW T Z E R S H E R N

KUALA LUMPUR: While the panic selling amid concerns of an expo-nential growth in Covid-19 cases and fears of a global recession has caused a global equity rout, Keling-ton Group Bhd remains confi dent about its growth prospects for the fi nancial year ending Dec 31, 2020 (FY20), albeit not as strongly as it had initially targeted.

Th e integrated engineering solu-tions provider’s chairman and chief executive offi cer (CEO) Raymond Gan (pic) believes the company is “fortunate” to have won big orders from customers before the Covid-19 outbreak.

In the fi rst two months of this year, the company has secured new contracts totalling RM105 million, lifting its total outstanding order book to RM363 million.

Th e company’s tender book stood at RM860 million as at Feb 29, 2020, with a past success rate of 20% to 25%.

Gan is cautiously optimistic that Kelington will continue to do better as most of the projects will be deliv-ered within six to nine months.

“Hence, even with a delay of two to three months, by the end of the year… we would be able to recognise revenue from these projects. At this moment, we believe it (business) is still manageable,” he told Th e Edge Financial Daily in an interview.

Nevertheless, he said the company will continue to monitor the impact

of Covid-19 on the supply chain as some of its raw materials are sourced from Japan and South Korea. “At the moment, there shouldn’t be any prob-lem, there are no signs of companies shutting down their factories or busi-nesses, but we are constantly moni-toring the situation there,” he added.

He concedes that there had been a slight delay in getting its raw mate-rials previously, but the impact on Kelington is small given that it has enough inventory on hand for now.

However, he warned of possible delays in investments. Th is would mean that new projects that are to be launched will be held back, re-sulting in slower order book growth.

“Only in the second half of this year will we be able to fi nd out how signifi cant the impact of the virus is,” said Gan, adding that the com-pany has to be able to secure new projects in the second half of this year to provide growth for FY21.

Kelington’s net profi t grew 28.6% to an all-time high of RM23.99 mil-lion for FY19, from RM18.65 million for the previous year, while revenue rose 8.5% year-on-year to a record RM379.86 million, from RM350.02 million for FY18.

It attributed the higher earnings to higher revenue contribution from ultra-high purity (UHP) on the back of higher projects completion in Singapore, as well as the project engineering division.

Like other counters on Bursa Malaysia, Kelington’s shares have

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slid 40% year to date to close at 76 sen last Friday, bringing its market capitalisation to RM235.78 million.

Industrial gas business growing faster than expectedAs earnings growth from the engineer-ing services business slows down, its diversifi cation into industrial gas will be in focus and the new growth engine for Kelington in the years to come.

Currently, the industrial gas business’ contribution to the com-pany is negligible, accounting for some 1% of its total revenue, while the rest comes from the engineering services business. But Kelington is hoping to change that. It is target-ing for the industrial gas business to contribute one-third of its total

Covid-19: MCO and its eff ect on contractual performance

revenue in fi ve years.“Th e [industrial] gas business is

worth as much as RM1 billion in terms of revenue. So, we are tar-geting to secure 10% of that in fi ve years, meaning RM100 million of that market share,” said Gan.

He noted that the industrial gas business will be the “big growth driver” as the average gross profi t margin (GPM) is 30% and it will present long-term recurring income.

Meanwhile, the engineering ser-vices business comprising UHP, process engineering and general contracting, is expected to grow organically. Th e business provides an average GPM of 10%-15%.

Optimistic on this segment’s business, evidenced by the fast-

IN response to the Covid-19 pan-demic, a nationwide movement control order (MCO) came into force beginning March 18, 2020. Many businesses are left in perplex deal-ing with time-sensitive contracts. Th is article aims to shed some light on the eff ect of the Covid-19 pan-demic to the inevitable disrupt in contractual performances.

Movement control orderTh e MCO is in place as a measure to combat the surge of Covid-19 in the country. As many are aware, the MCO was initially in place from March 18-31. However, on March 25, the MCO period was extend-ed until April 14, given the rising number of fresh Covid-19 cases.

Th e inevitable disruption to lo-cal and multinational businesses nationwide begs the question on what the legal repercussion would entail to failure of performing ex-isting contractual obligations.

Force majeure clausesCorporations may want to take a look at their force majeure clauses which often exist to protect parties from the inability to fulfi l contractual duties due to supervening events.

Th e operation of a force majeure clause depends on its construction. Some circumstances normally spec-ifi ed are “acts of God”, “acts of gov-ernment”, “war” and “riots”. Most force majeure clauses would even insert a catch-all provision such as “events beyond the control of par-ties” or “any other events”. Howev-er, the catch-all provision may only save you if its interpretation remains within the nature of the preceding specifi c circumstances. Th at means, if say “inclement weather” is the only supervening event spelt out as a force majeure event, one may not read “explosions” into it because the two are diff erent in nature.

In the current Covid-19 calami-ty, look out for events such as”out-break”, “pandemic”, “epidemic” or “contagious diseases” in your force majeure clauses.

Doctrine of frustrationAn alternative to force majeure, you may also wish to explore wheth-er frustration applies. What does this mean and what does it entail?

Generally, when a change of circumstances arises after a con-tract is executed, and such change renders the contract to be legally or physically impossible to per-form, the contract is said to be frustrated. Under Section 57(2) of the Contracts Act 1950, a frustrat-ed contract results to termination.

It is more diffi cult to establish frustration for the simple com-mercial reason that courts would generally seek to enforce contracts rather than dismissing them.

A contract would not be frustrat-ed merely because it turns out to be diffi cult and/or onerous to per-form. An ideal circumstance must be such that through the default of none, a contractual obligation has become incapable of being per-formed and/or the circumstances would render the contract radically diff erent from its original intention.

Some contracts may only be partially frustrated — this is where a contract is not wholly impossible to perform just because a portion of the subject matter ceases to exist. In such instance, the court may ei-ther direct for specifi c performance and/or award compensation.

Force majeure versus frustration — which one off ers the best relief?Of the two — force majeure clause and doctrine of frustration, which one fi ts the shoe? Well, that would depend on the desired outcome.

Conceptually, the operation of force majeure and frustration are diff erent.

Force majeure allows for the discharge of contract or some oth-er form of relief on a contingency without necessarily terminating the contract. It is great in the sense that it provides a more nuanced response to supervening events. For instance, it may temporarily suspend a par-ty’s duty to perform a contract or it may even allow for an extension of

time. To simply put, the contract is not automatically brought to an end.

On the other hand, frustration entails a stringent and one-faceted eventuality — that is termination. Th is, however, may be desirable if the performance of the contractu-al obligation is radically diff erent from what was agreed upon.

Take a look at other relevant pro-visions in your contract — exten-sion of time, essence of time, conse-quence of delay, termination clause or the likes of it. For all you know, the repercussion to the Covid-19 outbreak is actually spelt out in oth-er limbs of your contract. It is best to read your contract in its entirety.

Editor’s comment:Co-authors Dayana Najwa and Khaw Tzer Shern are a lawyer and trainee lawyer respectively at law fi rm Rosli Dahlan Saravana Part-nership. Dayana, in particular, is a lawyer practising in the area of cor-porate and commercial disputes where she is regularly involved in high-value and complex disputes.

er-than-expected utilisation rate of its Kerteh industrial gas plant at 45% now, the company has revised its target for the plant’s utilisation rate to 50% by end-year, from its initial expectations of 30%.

The production from this plant commenced since October last year. Some RM35 million of capital expend-iture has been spent on the plant.

With this, Gan noted that the company plans to have an addi-tional 20% utilisation rate every year and that means 90% by FY22.

Th us, it would not be a surprise that Kelington would likely build a second liquid carbon dioxide (LCO2) plant sooner-than-expected.

Together with some RM20 mil-lion revenue anticipated from the Kerteh plant this year, Gan said the company is expecting some RM30 million revenue from the industrial gas business for FY20. Th e remain-ing revenue will be contributed by its dry ice business.

Kelington will be supplying CO2 to Indonesia as well, starting next month. Now, the company only supplies to Malaysia and Singapore.

Th us, the company will be add-ing three more LCO2 skid tanks by next month to export to the over-seas market.

Gan said the company is also look-ing to continue exploring opportuni-ties in other gases such as nitrogen, hydrogen, oxygen and others. “We want to build our presence here in this market,” he added.

THE EDGE FILE PHOTO

1 0 P R O P E RT Y MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY

Airbnb hosts to provide UK health workers free rooms

SYDNEY: What was set to be the busiest week of the year so far for home sales in Australia has turned into a fi zzer after public auctions were banned as part of social-distancing measures to slow the spread of Covid-19.

While 3,203 properties were scheduled for auction across the combined state and territory capi-tal cities in the week ended March 29, 40% were pulled from the mar-ket after the ban was announced, data provider CoreLogic said in a statement yesterday.

Of the auctions that did pro-ceed over the weekend, just 51.4% of houses were sold — the lowest clearance rate since June 2019, when the property market was starting to emerge from a near two-year slump.

Th e government last Tuesday banned open-house inspections and public auctions as part of more

PERMAJU INDUSTRIES BHD (+ve)PERMAJU INDUSTRIES BHD Valuation score*

Fundamental score**TTM P/E (x)TTM PEG (x)P/NAV (x)TTM Dividend yield (%)Market capitalisation (mil)Shares outstanding (ex-treasury) milBeta12-month price range

0.300.75

--

1.57-

183.52187.26

0.610.48-0.99

*Valuation score - Composite measure of historical return & valuation**Fundamental score - Composite measure of balance sheet strength& profitabilityNote: A score of 3.0 is the best to have and 0.0 is the worst to have


Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and fi rst appeared at www.theedgemarkets.com. Please exercise your own judgement or seek professional advice for your specifi c investment needs. We are not responsible for your investment decisions.

Our shareholders, directors and employees may have positions in any of the stocks mentioned.

Australia home sales slump

S TO C K S W I T H M O M E N T U M

BY P E T E R V E R C O E

BY A L I S TA I R S M O U T

BY E L L E N H U E T & G I L L I A N TA NOnly 51.4% of houses were sold in auctions over the weekend

TRADING of shares in Permaju Industries Bhd (fundamental: 0.75/3, valuation: 0.3/3) triggered our momentum algorithm last Fri-day for the fi fth time in this month alone.

Th e counter closed 1.5 sen or 1.53% higher at 99.5 sen, with 13.65 million shares chang-ing hands, over three times its 200-day av-erage volume of 3.6 million shares.

Permaju shares have been shielded from the selldown in the equity market, given the counter having charted a positive return of 22% from 81.5 sen last Dec 31. Th e FBM KLCI fell 15.46% during the same period, after closing at 1,343.09 last Friday.

It was surprising to see the share price’s rally lately, given the group’s weak fi nancial performance. Th e group has been making losses for many years. Th e group reported a net loss of RM762,000 for the second quarter ended Dec 31, 2019 on the back of RM18.55 million in revenue.

Th ere was no corresponding period com-parison due to the change in its fi nancial year end from Dec 31 to June 30.

Th e Sabah-based company distributes motor vehicles under the Volkswagen and Ford franchises, and is also involved in prop-erty development and timber plantation.

SAN FRANCISCO/NEW YORK: WeWork continued to cut more staff as part of a months-long eff ort to lower expenses after its failed initial public off ering (IPO) last year, the company has said.

Th e New York-based co-work-ing company axed about 250 jobs in its development depart-ment last Th ursday, according to two people familiar with the matter, who asked not to be identified discussing person-nel details.

Th e reductions are not related to the impact of Covid-19, one of the people said. Last fall, as We-Work looked to dramatically cut its expenses after the fumbled IPO, it stopped leasing as many locations, which lowered its need for construction and remodeling.

“WeWork is continuing to ex-ecute its new strategic plan,” a spokeswoman wrote in a state-ment. “As a result, we are rea-ligning certain functions and teams to reflect our business priorities.” Employees aff ected by the cuts received the same severance package offered to the 2,400 WeWork staff who had their jobs eliminated in Novem-ber: four months of salary and benefi ts, or six months for em-ployees who had been with the company for more than four years. WeWork also quietly cut dozens more jobs in February.

WeWork still faces a rough road ahead as the global pan-demic is likely to make its mem-bers, more than a quarter of which were on month-to-month leases last year, hesitant to re-new contracts or likely to de-fault if they have lost income. The company also is facing a public battle with its majority owner SoftBank Group Corp as the investor threatened last week to unravel part of a US$3 billion (RM12.99 billion) deal to buy back shares from investors and employees. — Bloomberg

stringent measures to combat the virus, which has killed 14 people in Australia.

Unlike other countries, individ-ual inspections of properties are rare in Australia’s major cities, with realtors typically opening proper-ties twice a week to encourage as

many people as possible through a home. Auctions, a popular way of selling properties in Australia, are often held in the front yard, attracting crowds of bidders and onlookers.

“Th e coming months are like-ly to see substantially fewer auc-

tions than normal,” CoreLogic said. While some listings will switch to a private sale — where the buyer and seller negotiate directly — “others will likely pull their property from the market altogether until confi -dence and selling conditions im-prove”, the fi rm said. — Bloomberg

WeWork cuts another 250 jobs in further attempt to trim costs

LONDON: Airbnb hosts will provide free rooms for workers in Britain’s National Health Service to support their work during the Covid-19 out-break, the company said yesterday.

Nearly 1,500 places to stay have been made available under the scheme amid a slump in bookings on the home rental start-up as trav-el restrictions and curbs on social gatherings come into force around the world.

Britain has looked to bolster its public health service to deal with the crisis, including establishing a fi eld hospital in a one-time Olympic venue and turning a theme park into a testing facility for health workers.

“By working together, we can

ensure that front-line workers can fi nd a free and convenient place to stay as they continue their critical work,” said Patrick Robinson, direc-tor of public policy at Airbnb.

Airbnb has done similar schemes in Italy and France in response to the outbreak, and aims to house 100,000 emergency personnel around the world during the epidemic.

The company has suspended marketing activities to save mon-ey, and executives are taking a pay cut as the fi rm battles a downturn in bookings triggered by the spread of Covid-19.

Airbnb’s bookings in major cities across the world have suff ered as trav-ellers cancel trips and stay at home to protect themselves and prevent the spread of Covid-19. — Reuters

Filepic of residential properties in the Kirribilli area of Sydney, Australia. The government last Tuesday banned open-house inspections and public auctions as part of more stringent measures to combat the virus. Photo by Bloomberg

Airbnb has suspended marketing activities to save money, and executives are taking a pay cut as the fi rm battles a downturn in bookings triggered by the spread of Covid-19.

PHOTO BY REUTERS

H O M E 1 1MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

Safety fi rst, aid groups toldIsmail Sabri: We will meet NGOs to improve Covid-19 relief

BY A D A M A Z I Z

KUALA LUMPUR: The govern-ment will meet with humanitarian non-government organisations (NGOs) to improve the delivery of aid to the public during the Covid-19 outbreak, said Defence Minister Datuk Seri Ismail Sabri Yaakob.

Th is follows feedback from aid groups to the government’s deci-sion to stop NGOs from delivering essential supplies directly to the public, and instead channel them to government centres fi rst.

“Th e government is very thank-ful to the NGOs. During these trying times and even before, NGOs were the ones who are in the front lines.

“However, we wish to maintain the safety of the NGO members themselves,” he said at the daily briefi ng after the Special Ministe-rial Committee on the movement control order (MCO).

“We are concerned that if we cannot determine the health sta-tus of the member of the public being engaged, [then] there is a risk of the NGO members being infected by Covid-19, and to spread

the virus to other members in the NGO and their family members as well,” he said.

“Th e ministry of health is of the opinion that we have to take care of the safety of the NGOs as well, which is why we made the decision.

“But we will adjust the measures. We hear the NGOs’ pleas and we will discuss at the committee level to fi nd a better way [to undertake this] and to meet all NGO repre-sentatives,” he added.

Earlier yesterday, the Malaysian Relief Agency (MRA) called on the government to review its restriction on NGOs from delivering aid pack-ages directly to the public.

In a statement, the MRA raised the concern that the aid, includ-ing food packages, may not reach the targeted population if they are placed in Social Welfare Depart-ment centres and NGOs are restrict-ed from helping to distribute them.

“The Social Welfare Depart-ment itself is already busy man-aging quarantine centres which have been opened to contain the outbreak,” the MRA said.

Th e association said it is hopeful that the defence minister’s instruc-

tion will be reviewed for the good of everyone.

“Th e MRA also hopes that a spe-cial coordination meeting can be or-ganised between the National Secu-rity Council, the ministry of women, family and community development, the National Disaster Management Agency and related government agencies with humanitarian aid NGOs as soon as possible,” it added.

Th e MRA said that it operated the direct assistance to the public in light of a permission letter from the health director-general dated March 21 which provided special permission for the MRA to assist the ministry of health to address the Covid-19 outbreak during the movement control order.

“With the special permission letter, the MRA has provided med-ical and food assistance to health ministry frontliners through MRA central and state centres,” it said.

The next round of assistance would include the distribution to hospitals nationwide of ventilators, face masks, personal protection equipment and disinfectants that were acquired through public do-nations, the MRA added.

KUALA LUMPUR: Th e government must consider introducing punitive measures against employers who are quick to cut salaries and retrench workers although they receive aid from the government stimulus pack-age, the Malaysian Trades Union Congress (MTUC) said.

“Th is is morally repugnant and a form of economic treason against Malaysia,” MTUC secretary-general J Solomon said in a statement yes-terday.

Solomon claimed that employers and companies are using the threat of imposing retrenchments and sal-ary cuts on workers to squeeze more fi nancial aid from the government or simply to downsize to save cost as a quick way to improve their bot-tom line.

Companies, including small and medium enterprises (SMEs), have been reaping profi ts continuously for many years, he said, adding that in many cases, the profi ts were ac-cumulated by keeping wages low and hiring foreign workers to further ensure labour cost were suppressed so that profi ts could be maintained or increased.

“Th ese very same employers and companies are now claiming they will fold and be forced to retrench work-ers by the thousands if the govern-

ment does not increase its fi nancial assistance to them,” Solomon said.

Noting that the companies are ramping up such claims after just a matter of weeks since the Covid-19 economic fallout begun, the MTUC chief said: “It does not make sense that overnight these companies are proclaiming themselves as so fi nan-cially fragile despite raking in healthy profi ts over the years.”

He said there is no data forthcom-ing to prove they are in any immedi-ate danger of folding up and need to retrench workers or cut their salaries.

“Indeed, there is no justifi cation for them to do so. Th e stimulus pack-age [announced by the government last Friday] provides RM100 billion worth of soft loans and other incen-tives to companies, including SMEs. Th ere is even a multibillion-ringgit fund to pay RM600 monthly to work-ers of companies suff ering more than 50% dip in business,” he added.

Solomon also questioned how many employers and company di-rectors themselves are biting the bullet in facing the current economic challenges.

“Have CEOs (chief executive of-fi cers), senior management and di-rectors off ered to forgo their annual dividends, bonuses and other bene-fi ts before making threats to reduce

their workforce or cut their salaries?“We urge employers to refrain

from making it sound as if they start-ed their companies solely to provide jobs. Th e companies are mainly for profi ts and to generate profi ts, they employ workers. It is a symbiotic re-lationship. Business cannot survive without workers.

“Having made profits with the blood, sweat and tears of workers, it is time to treat them with respect so that they are there when [the] sit-uation returns to normal,” he said.

Th e MTUC reiterated its call to the government to immediately in-troduce a ministerial order on job security to make it illegal for any employer to retrench workers or cut their salaries arbitrarily.

“Th e minister of human resourc-es must take the lead and use his powers to introduce the Emergence Employment Regulation and make it mandatory for companies to un-dergo strict vetting before they are permitted to touch on workers’ rights, including their job security and re-lated benefi ts.

“Only by requiring companies to furnish the required data will the gov-ernment stop employers from using their workers as a form of blackmail to gain more fi nancial aid from the government,” said Solomon.

Punish fi rms that cut pay despite getting government aid — MTUC

PUTRAJAYA: Th e government has assured the people that there are enough food supplies for the du-ration of the movement control order (MCO).

Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob said apparent shortages were due to peo-ple looking for their preferred brands and not due to lack of the product.

“Surveys at 27 supermarkets showed that basic food supplies were still easily available. When rice is said to be suffi cient, it refers to the product, not the brands.

“So, the people do not have to worry and make panic purchas-es,” said Ismail Sabri, who is also defence minister, after chairing a meeting of the Special Ministeri-al Committee on the MCO here yesterday.

Ismail Sabri said most super-markets have implemented social distancing measures and also limit the number of customers

at their premises at any one time.He said that the number of in-

dividuals who defi ed the MCO is still high with 649 people arrested until Saturday.

Of the total, he said, 73 of them had been charged in court and pleaded guilty to the off ence.

“Th e police have been given permission to take stern action, including issuing compound and taking to court those who defy the order,” he said.

Ismail Sabri said 997 roadblocks were mounted on Saturday, with 310,938 vehicles inspected, from more than 200,000 vehicles the previous day.

Th e MCO, aimed at curbing the spread of Covid-19, saw the arrests of 649 individuals, or double that of the previous day.

Ismail Sabri said a tighter stand-ard operating procedure was ex-pected to be announced today. — Bernama

‘No need for panic buying as thereare enough food stocks’

KUCHING: A mass quarantine cen-tre being set up at the Layar Rural Development Resource centre in Betong is almost ready, said Sarawak Deputy Chief Minister Datuk Amar Douglas Uggah Embas yesterday.

Earlier, Uggah, who is also state Disaster Management Committee chairman, visited Betong to check on the progress at the centre which can accommodate up to 24 people at any one time and the preparations have been carried out by Betong Hospital.

“Workers from a private company are now putting the fi nishing touch-es at the centre,” he said in a state-ment. During the visit Uggah was accompanied by Betong member of Parliament Datuk Robert Lawson Chuat; Layar assemblyman Gerald Rentap Jabu and political secretary to

the chief minister Dr Richard Rapu.“The centre is also located far

from populated areas,” Uggah said.Uggah also presented 1,200 face

masks to Betong Hospital and De-bak sub-district to be distributed to Covid-19 front-liners.

In Melaka, Universiti Teknikal Malaysia Melaka (UTeM) an-nounced that it has come up with its own face shield and intubation box for use by medical personnel in battling the spread of the virus.

Its vice-chancellor Professor Datuk Wira Dr Raha Abdul Rahim said the “UTeMShield” is an inno-vation by a team of researchers, jointly headed by her and deputy vice-chancellor (research and in-novation) Professor Dr Zulkifilie Ibrahim. — Bernama

Betong quarantine centre almost ready — Sarawak deputy CM

1 2 B R O K E R S’ C A L L MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY

CCK Consolidated expanding, robust sales expected to lift 1QFY20CCK Consolidated Holdings Bhd (March 27, 38 sen)Maintain outperform with an un-changed target price of 79 sen: In line with the rout in global equity markets, most local stocks have also seen sharp declines in share prices over the last two weeks due to the mounting concerns over the Covid-19 pandemic. CCK Consol-idated Holdings Bhd, well-known for its solid business and defensive nature, was not spared from the frenzied selling either as its share price sank nearly 32% year to date. Th e stock is now trading at an un-justifi able forward fi nancial year 2020 (FY20) price-earnings ratio of only 6.4 times. We suggest investors take a look at CCK again given its: i) uninterrupted business during the movement control order (MCO) pe-riod; ii) recession-proof business; and iii) new earnings contribution from the two supermarkets in Kuch-ing and Kota Kinabalu, which has not been imputed in our FY20-FY22 earnings forecasts.

It currently runs 59 stores in East Malaysia, accounting for 80% of its retail segment. Each retail store ranges from 1,200 sq ft (111.48 sq m) to 4,000 sq ft in size and can

CCK Consolidated Holdings Bhd

CAGRFYE DEC (RM MIL) 2018A 2019A 2020F 2021F 2022F (%)

Revenue 639.5 659.7 742.6 769.9 798.2 5.7Gross profit 108.9 134.2 139.6 144.7 150.1 8.3Pre-tax profit 34.3 43.5 46.7 49.4 52.2 11.1Core net profit 25.8 35.4 35.5 37.5 39.7 11.4EPS (sen) 4.1 5.6 5.6 6.0 6.3 11.4PER (x) 8.8 6.4 6.4 6.0 5.7DPS (sen) 1.3 0.0 1.9 2.0 2.1Dividend yield (%) 3.6 0.0 5.3 5.6 5.8Sources: Company, PublicInvest Research estimates

cater for up to 1,000 stock-keep-ing units (SKUs). Fifty per cent to 60% of its products are in-house processed chicken, table eggs and beef/lamb. Seventy per cent of its customer base is food and beverage operators while the remainder are retailers. To cater for a wider range of grocery products, the group is planning to open two supermar-kets, one each in Kuching and Kota Kinabalu, this year. Th e fi rst super-market, which will have a retail space of 14,000 sq ft, is expected to cost RM1.5 million while the second supermarket, which has a bigger retail space of 25,000 sq ft, will cost about RM2.5 million.

The supermarkets can cater for up to 8,000 SKUs, which is eight times larger than the retail store. It is expected to break even within a year. Th e group also plans to open three more retail stores; two in Sa-bah and one in Sarawak. Th e allo-cated capital expenditure (capex) for each store is about RM500,000. All-in, total capex for FY20 is about RM20 million-RM25 million.

We understand that the com-pany’s operations are not aff ected given that its business falls under the “essential” sector. Instead, we expect to see robust sales for the fi rst quarter of FY20 (1QFY20) as consumers stock up poultry prod-

ucts amid the MCO period. We also expect to see a surge in egg demand ahead of the Hari Raya and Harvest Festival celebrations in May.

Th e recent dip in CCK’s share price has exposed deep value in the company and has pressed the man-

agement into action, with about 400,000 shares bought back thus far. Meanwhile, some of the com-pany’s directors have also been acquiring additional shares in the open market. — PublicInvest Re-search, March 27

VS Industry Bhd(March 27, 75 sen)Maintain buy with a lower target price (TP) of RM1.18: VS Industry Bhd’s fi rst half of fi nancial year 2020 (1HFY20) results disappoints due to sharper-than-expected decline in sales from key customers. Th e near-term outlook is challenging given the movement control order (MCO) and a slowdown in global demand. Looking further ahead, FY21 earn-ings should stage a strong bounce from the low base as we foresee global demand and economy to gradually recover. The selldown on the stock could be overdone and current valuation is attractive considering the solid fundamental of the company.

VS Industry’s 1HFY20 core net profit of RM81.3 million (+1.5% year-on-year [y-o-y]) was below our expectation but within the consen-sus’ at 42%/47% of the respective forecasts. Th is is due to a sharp-er-than-expected slowdown in sales orders from key customers. Y-o-y, 1HFY20 revenue fell 9.9% due to the abovementioned reasons and the downscaled China operation. Notwithstanding, 1HFY20 profi t before tax grew 13.1%, largely driv-en by reduced losses in China post business rationalisation.

Immediate term outlook is chal-lenging with operation temporarily

VS Industry’s FY21 profi t likely to jump 35% as economy recovers

suspended due to the MCO. Th e saving grace is that the resultant delayed shipment will not be pe-nalised following discussions with key customers and the balance sheet is strong enough to withstand reasonable impact. Th ere could be pent-up demand after the MCO is lifted but we are not overly excited on the prospect. Global demand is likely to slow in view of the nega-tive impact on the economy caused by the Covid-19 pandemic. Our FY20-FY22 earnings forecasts are trimmed by 31%/21%/17% to re-fl ect the expectation and a lower sales order assumption from the key customer.

VS Industry Bhd

FYE JULY (RM MIL) 2018 2019 2020F 2021F 2022F

Total turnover 4,089 3,978 3,301 3,994 4,543Recurring net profit 159 173 135 184 217Recurring net profit growth (%) -9.0 8.5 -21.8 35.7 18.3Recurring PER (x) 7.69 7.81 9.98 7.36 6.22P/BV (x) 0.9 0.8 0.8 0.8 0.7P/CF (x) 5.65 5.99 3.49 8.10 5.85Dividend yield (%) 6.5 5.8 4.0 6.8 8.0EV/Ebitda (x) 5.62 4.84 4.21 3.47 2.99Return on average equity (%) 12.2 10.4 8.3 10.6 11.9Net debt to equity (%) 14.0 2.8 -9.9 -8.4 -9.3Sources: Company data, RHB

As our TP and call are based on the one-year forward view, we main-tain “buy” on the stock notwithstand-ing the near-term earnings weakness. We forecast FY21 earnings to jump 35% from the low base as we foresee global demand and the economy to gradually recover in FY21. VS Indus-try is in a good position to capture the resurgence given its proven track record and expertise. Th e stock is trading close to -2 standard deviation and we reckon the selldown could be overdone — FY21 growth pros-pect and the sturdy balance sheet are currently being overlooked by the market. — RHB Research Insti-tute, March 27

Poh Huat Resources Holdings Bhd(March 27, 79.5 sen)Downgrade to sell with a lower target price of 62 sen: Poh Huat Re-sources Holdings Bhd’s fi rst quarter of fi nancial year 2020 (1QFY20) rev-enue declined by 4.2% year-on-year (y-o-y) to RM188.8 million, mainly due to lower contribution from the Vietnam segment (-16.7% y-o-y due to the longer Lunar New Year cel-ebration and more lower-margin products in the mix) but this was partially mitigated by an increase in contribution from the Malaysian segment (+10.7% y-o-y on the back of higher orders for panel-based bedroom sets from the US market and stable offi ce furniture set ship-ments). Th e earnings before interest, taxes, depreciation, and amortisa-tion (Ebitda) margin declined by 1.4 percentage points (ppts) y-o-y to 8.9%, partly due to higher op-erating expenditure (attributable to the Malaysian segment’s higher use of subcontracted furniture parts and complementary fi nished items which are costlier, as well as high-er labour costs). Poh Huat record-ed a lower 1QFY20 core net profi t of RM12 million, a 21.9% decline y-o-y. Th e results are broadly in line with consensus and our forecast, accounting for 22% and 23% of the consensus and our previous FY20 core earnings forecasts. Poh Huat declared a one sen dividend for the quarter.

Poh Huat’s 1QFY20 revenue fell by 1.7% quarter-on-quarter (q-o-q) to RM188.8 million due to lower contribution from the Vietnam segment (-12.7% q-o-q to RM89.3 million) that was partial-ly mitigated by higher sales from the Malaysia segment (+10.8% to RM99.5 million). Th e Ebitda mar-gin also narrowed on a q-o-q basis by 2.8 ppts due to: i) increased pur-chases of furniture parts by both the Malaysian and Vietnam seg-ments; and ii) higher labour costs.

We view 2020 to be a challenging year for all industries including the furniture industry. Th e Covid-19 out-break, which has now become a pan-demic, is proving to be a large bane to the economy by causing countries to close borders and creating sup-ply chain disruptions, in addition to Malaysia’s own movement control order (MCO) to curb the spread of the disease. Th e MCO has pushed a lot of businesses to shut down their operations temporarily, including Poh Huat’s Malaysian operation. — Affi n Hwang Capital, March 27

Poh Huat’s 1Q revenue drop partially mitigated by better Malaysia segment

We view 2020 to be a challenging year for all industries

including the furniture industry.

CCK Consolidated is planning to open two supermarkets, one each in Kuching and Kota Kinabalu this year, to cater for a wider range of grocery products. The supermarkets can cater for up to 8,000 stock-keeping units.

C O M M E N T 1 3MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

Why disease and xenophobia go hand in handTh e speed of international travel enabled epidemics to spread and made it easier to blame foreign groups

BY A N D R E W S H E N G & X I A O G E N G

BY D AV I D F I C K L I N G

THE world is at war. Th e enemy is re-silient, ruthless, and unpredictable, with no regard for race, nationality, ideology, or wealth. Already, it has killed more than 26,000 people and infected over 560,000, from ordinary workers to the UK’s prime minis-ter and crown prince. It has halted economies, overwhelmed healthcare systems, and forced hundreds of millions to remain confi ned to their homes. And it will not back down.

Unlike a conventional war, the Covid-19 pandemic is not a choice or a competition. No ceasefi re can be reached, no treaty signed. And, with no known vaccine or eff ective cure, the world has few weapons with which to fight it. The only way to restore peace — or, at the very least, stave off systemic failure until a more eff ec-tive weapon is developed — is with a whole-of-government, whole-of-so-ciety, whole-of-world approach.

The most urgent imperative is to ensure that the frontline is not overwhelmed. As an Imperial Col-lege study showed, the best way to do that is through early and resolute social distancing: keeping people away from one another in order to slow down transmission. Th is replac-es a steep, exponential “pandemic peaking curve” of infection with a “fl attened” curve, in which severe cases do not exceed the healthcare system’s capacity.

That is not what happened in Wuhan, China, where the virus fi rst emerged. With authorities unaware of Covid-19’s pathology or potential, they had to play catch-up — a delay that probably increased total fatali-ties. Nor is it what happened in Italy, where the health system quickly be-came overwhelmed, and the num-ber of fatalities now exceeds twice that of China.

Th e lesson is clear: governments must urgently implement lockdown measures. China and Italy have both done so (though China’s more dra-conian measures — together with other actions, such as building des-ignated Covid-19 hospitals, and de-mographic factors — have proved more eff ective.)

Yet, while such action is vital to protect public health, it puts severe stress on the economy. Th e longer the lockdown persists, the greater the likelihood of large-scale unem-ployment, collapsing demand, and recession.

Th e “just-in-time” global econ-omy cannot survive more than two months of lockdown before its “Min-sky moment” — when investors start panic selling, a boom becomes a crash, and a bubble goes bust. Al-ready, Western stock markets have plummeted. In the US, the Dow Jones Industrial Average, even with its re-cent uptick, is on track for its worst month since the Great Depression.

Th ough China’s stock market has

so far endured the lockdown without a sharp decline, largely because it had already suff ered from the trade war with the US, vast amounts of wealth have been destroyed. During the fi rst two months of 2020, China’s industrial value-added for large and medium-sized enterprises declined by 13.5% year-on-year; urban invest-ment on fi xed assets plummeted by 24.5%; and total retail sales dropped 20.5%. In December 2019, by con-trast, all three had grown — by 6.9%, 5.4% and 8% respectively.

Th e lesson is clear: While lock-downs are essential, so is strong ac-tion to revive production and con-sumption. In the short term, this can mean active monetary and fiscal policy. But such measures have only limited potential. Even the US Feder-al Reserve’s (Fed) rapid move to cut interest rates and promise to pump trillions of dollars failed to stem the stock market decline.

Fiscal measures could have a stronger impact. Indeed, it was the congressional approval of an unprec-edented US$2 trillion (RM8.66 tril-lion) economic stabilisation package — which includes direct payments to taxpayers, unemployment ben-efi ts, and a US$500 billion fund to assist businesses — that halted the US stock market’s decline. But even that can do only so much in the event of a protracted lockdown.

Most workers and businesses hold limited cash reserves. A recent Brook-

ings study showed that 44% of Amer-icans are low-wage hourly workers, and a 2019 Fed survey suggested that 40% of American adults would not be able to cover an unexpected US$400 expense with cash, savings, or a credit card charge that could be repaid quickly.

In the European Union, 22.4% of the population — 112.8 million peo-ple — lived in households at risk of poverty or social exclusion in 2017. Th ese people cannot aff ord to have their incomes interrupted for long. And, because many of them perform jobs that cannot be done remotely.

JPMorgan estimates that the me-dian cash buff er is 16 days for res-taurants, 19 days for retail stores, 27 days for all small business, 33 days for high-technology services, and 47 days for real estate companies.

Th e International Labour Organ-ization forecasts anywhere from 5.3 million to 24.7 million lost jobs due to the pandemic. (Th e 2008 crisis increased global unemployment by 22 million.) In the US alone, 3.3 mil-lion people fi led for unemployment benefi ts last week, one third more than the Goldman Sachs estimate of 2.25 million.

Yet there is little reason to expect the pandemic to come to a quick and decisive end. According to the Imperial College, even if the peak is reached soon, reverse waves of smaller outbreaks could require re-peated lockdowns, until an eff ective

vaccine is developed, tested, manu-factured, and distributed widely — a process that will take a minimum of 12-18 months.

Th e world has only one hope of off setting the consequences of pe-riodic economic shutdowns during this period: cooperation. Th at in-cludes both coordinated economic policies and the free exchange of knowledge and data.

Like any war, the fi ght against Cov-id-19 will disproportionately hurt those who were already vulnera-ble. Unless countries can move past destructive nationalism and petty competition — such as US Presi-dent Donald Trump’s insistence on calling Covid-19 the “Chinese virus” — millions will suff er. Th e resulting anger could push the world towards conventional confl ict, causing even more destruction and suff ering.

Pandemics, like wars, are not about who is right, but who is left. We need a global alliance for victo-ry. — Project Syndicate

Andrew Sheng is distinguished fellow of the Asia Global Institute at the Uni-versity of Hong Kong and a member of the UNEP Advisory Council on Sustainable Finance. Xiao Geng, pres-ident of the Hong Kong Institution for International Finance, is a professor and director of the Research Institute of Maritime Silk-Road at Peking Uni-versity HSBC Business School.

Waging war on Covid-19

Pandemics have always been fellow travellers of globalisation. A third phenomenon stalks in their shadow: racism.

Th at is worrying. Th e global threat of Covid-19 seems to be leading not to a unifi ed global response, but to an American pres-ident who until last Tuesday was describing it as a “Chinese virus” while offi cials in Beijing stirred up conspiracy theories on social me-dia about a US military origin for the disease. Already, stories are prolifer-ating of people subject to abuse and attacks for “coughing while Asian”, or being turned away from businesses because of actual or presumed Chi-nese ethnicity.

Sadly, there is nothing new in this. As my colleague Pankaj Mishra has written, the current situation parallels events a century ago, when the fi rst interconnected world economy un-ravelled into the chaos of World War I. It was disease, as much as war and revolution, that drove that collapse.

The age of sail had imposed a

natural restraint on both epidemics and migration. It took as long as a month to cross the Atlantic, meaning any infections had already burned themselves out by the time a port was reached. When typhus spread to North America among Irish em-igrants fl eeing the potato famine of the 1840s under sail, the onboard outbreaks were so notorious that the boats were nicknamed “coffi n ships”.

Steamships changed all that, opening up ocean transport by dras-tically lowering its cost and cutting the time needed for transatlantic crossings to less than a week. Th at helped spark the fi rst era of mass mi-gration as millions of Europeans left for the new world — but it also put the length of a transatlantic journey well within the period when diseases could spread unnoticed.

Cholera, which had previously been confi ned to an endemic area around Bengal, spread among the officers and traders of the British Empire to inflict devastating epi-demics on every continent. Smallpox pandemics played a crucial role in the Americas since Columbus’ day, enabling colonialism due to their

devastating impacts on indigenous populations. Yellow fever crept up repeatedly from the Caribbean and central America to ravage the south-ern US. In 1889, the first modern infl uenza pandemic spread rapidly from Russia to North America.

Since that era, immigration re-strictions and public health measures have often gone hand-in-hand. It is no coincidence that sites in New York Harbour synonymous with migra-tion such as Ellis Island and Liberty Island started life as quarantine sta-tions. “International mobility is cen-tral to the globalisation of infectious and chronic diseases,” according to a 2007 bulletin from the World Health Organization. “Th e history of health and foreign policy refl ects long-term links to migration issues.”

As people confi ned to their homes will be well aware, limits on human movement and interaction are cru-cial to holding back outbreaks of disease. Racism, however, exploits a fl aw in human reasoning quite as eff ectively as infections exploit fl aws in our immune defences. Th e central fallacy is to assume that if interna-tional travel helps spread disease,

a perceived “foreign” group is most likely to be carriers. Viruses, though — unlike people — do not much discriminate by race.

Th e Covid-19 outbreak in Italy is a case in point. Several commenta-tors have claimed without evidence that the source across the north of the country was the large number of Chinese migrants working in Italy’s fashion sector. In fact, tracing the contacts of the infected and fi nding “patient zero” is a well-established practice in epidemics, and there is no sign of any signifi cant origins among garment workers. All the research to date suggests the key source was instead a 38-year-old Unilever plc employee named Mattia from the town of Codogno.

Despite the lack of evidence that ethnic groups are responsible for dis-ease, the canard has been frequently been used to justify racist measures. One notorious 19th-century cartoon from Australia’s Bulletin magazine presented China as a malignant oc-topus attacking the country, two of whose arms were labelled “smallpox” and “typhoid”.

It was a similar story in the US.

Only about 1% of the mostly Euro-pean immigrants coming to Ellis Island around the turn of the 20th century were rejected for medical reasons. By contrast, some 17% of the more Asian migrant population at San Francisco’s Angel Island was disbarred for sickness, owing in large part to more intrusive screening and vague disease categories applied to non-Europeans. Anti-Chinese meas-ures like San Francisco’s Cubic Air Ordinance were justifi ed on pub-lic health grounds as measures to combat “insanitary” overcrowding.

For much of the past century, the relative absence of pandemics has put the alliance between racism and disease into remission. Vaccines, antibiotics, sewerage systems and a better understanding of hygiene have proved our most powerful tools for fi ghting disease.

One of the more enduring threats of coronavirus may be the way it changes this calculus. With luck, the connections built up during this era of mass migration will keep xenophobia in check. Trump said last Tuesday he would stop using the term “Chinese virus”. Th at is a start. — Bloomberg

1 4 W O R L D B U S I N E S S MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY

I N BR I E FUK seeks to shield business Th e government is loosening its bankruptcy rules for the continuation of trading

BY J A M E S LU D D E N

NEW YORK: Th e UK government is loosening its bankruptcy rules to allow struggling businesses to continue trading if they cannot pay their debts because of the impact of Covid-19.

In another sign of how the pan-demic is forcing governments to upend policy, UK Business Secre-tary Alok Sharma said the chang-es would allow British companies being reorganised to access sup-plies and raw materials, and not be placed into administration by creditors. Th ere will also be a clause that temporarily removes the threat of personal liability for company directors during the pandemic.

“Th ese measures will give those fi rms extra time and space to weath-er the storm and be ready when the crisis ends, whilst ensuring credi-tors get the best return possible in the circumstances,” said Sharma, who hosted the government’s dai-ly Covid-19 briefi ng because UK Prime Minister Boris Johnson is holed up with the virus.

KPMG and Deloitte, together with other accounting fi rms with sizable business restructuring divi-

sions, have been pushing the gov-ernment to introduce softer legisla-tion. Ministers were already looking at allowing beleaguered compa-nies to access government-backed loans through commercial banks, Bloomberg reported last Friday.

With economies around the

globe set to contract and unem-ployment set to surge, governments are having to rewrite their economic playbooks. For Johnson’s adminis-tration, it means ripping up a chunk of the manifesto that helped it win December’s election by a landslide, pumping vast sums into the econo-

my and compensating citizens who face a massive shortfall in income.

Th e weakening of Britain’s pub-lic fi nances prompted Fitch Rat-ings to lower its credit ranking late last Friday and warn that another downgrade is more likely than an upgrade. — Bloomberg

Filepic of London. The changes would allow British companies being reorganised to access supplies and raw materials, and not be placed into administration by creditors, says the UK business secretary. Photo by Bloomberg

BY W I L L I A M S C H O M B E R G

LONDON: British companies in key sectors were already bracing for the biggest hit to business since 2009 even before last week’s shutdown of the much of the economy as the government moved to slow the spread of Covid-19, an employers’ group said.

Surveys conducted in the fi rst half of March showed consumer services fi rms, such as restaurants, bars and cinemas, were the most pessimistic, the Confederation of

‘British companies worried about outlook even before lockdown’

British Industry (CBI) said yesterday.A measure of their expectations

for business volumes in the next three months showed a balance of -47%.

The balance for manufactur-ers stood at -20% while the retail sector’s sales expectations fell to -31%, it said.

“Expectations of a sharp fall in activity give some sign of what is to come,” Alpesh Paleja CBI’s lead economist said.

“With strict social distancing measures still to be reflected in

our data, the picture is only likely to deteriorate from here.”

On the other hand, business and professional services fi rms expect-ed growth in the coming quarter.

Th e CBI data is compiled from surveys of manufacturing and retail sectors, which it publishes sepa-rately, and a gauge of the services sector.

Th e balances represent the dif-ference in percentage points be-tween the share of fi rms answering that output is, or is likely to be, up or down. — Reuters

BY H A I L E Y WA L L E R

NEW YORK: Th e North American International Auto Show said it is cancelling the industry’s biggest event scheduled in June and will resume the show in 2021.

Th e venue, TCF Center, will be repurposed as a field hospital for Covid-19 cases, the organisers said. Th e Detroit Auto Show will resume on June 11, 2021, with the public show scheduled for June 19 to June 26.

“Although we are disappointed, there is nothing more important to us

Detroit Auto Show cancelled, scheduled to resume in June 2021

than the health, safety and well-being of the citizens of Detroit and Mich-igan, and we will do what we can to support our community’s fi ght against the virus outbreak,” executive direc-tor Rod Alberts said in a statement.

Michigan is at risk of becom-ing the next US Covid-19 hotspot, registering new cases at more than triple the national rate. Th e state had 3,657 cases as of last Friday — versus zero just over two weeks ago — and now ranks fi fth in the nation. At least 92 people have died. Detroit and surrounding Wayne

County made up half the state total.Earlier in the week, governor

Gretchen Whitmer directed resi-dents to remain at home or in their place of residence to the “maximum extent feasible.” The order takes eff ect on March 24 and continues through April 13. TCF also said on its website that the venue will re-main closed to the public because of the state order.

Th e cancellation has the sup-port of car manufacturers set to showcase their latest models and innovations. — Bloomberg

BY F E I F E I S H E N

BEIJING: GCL System Integration Technology Co plans to build the world’s biggest solar-panel manu-facturing plant, with the capacity to meet half of global demand.

The Chinese manufacturer plans to invest 18 billion yuan (RM10.98 billion) to construct a facility in eastern Hefei province that will be able to produce 60gw of solar panels a year, GCL System said in a fi ling with the Shenzhen stock exchange last Friday.

Th e plant’s maximum output will be double the 30gw of ca-pacity installed in China in 2019, and would be able to supply to almost 51% of solar installations worldwide. Th e project will boost GCL System’s ability to produce panels more than ninefold from 7.2gw, according to data from BloombergNEF. Th e world’s big-gest solar-panel maker, JinkoSolar Holding Co, has 16gw of capacity.

Chinese solar manufacturers have announced expansion plans in recent months amid a push to grab greater market share and reduce costs, which analysts say could signal more pain ahead for the industry.

GCL System said it will spend fi ve billion yuan on the fi rst phase of the project for 15gw of produc-tion capacity. — Bloomberg

New solar-panel plant could meet half of global demand

Malaria drug is biggest hope against epidemic — SonntagsZeitungZURICH: Novartis chief ex-ecutive offi cer Vas Narasim-han said his Sandoz generics unit’s malaria, lupus and ar-thritis drug, hydroxychloro-quine is the company’s biggest hope against Covid-19, Swiss newspaper SonntagsZeitung reported yesterday. Novartis has pledged to donate 130 mil-lion doses and is supporting clinical trials needed before the medicine, which US President Donald Trump also has been promoting, can be approved for use against the virus. Oth-er companies including Bayer and Teva have also agreed to donate hydroxychloroquine or similar drugs, while Gilead Sciences is testing its experi-mental drug remdesivir against Covid-19. — Reuters

Gilead expands access to experimental anti-Covid-19 drugMELBOURNE: Gilead Scienc-es Inc will expand access to its experimental anti-Covid-19 drug remdesivir to accelerate its emergency use for multi-ple severely ill patients. Th e drugmaker said it is switch-ing to “expanded access” from a “compassionate use” pro-gramme under which remde-sivir was given to more than 1,000 Covid-19 patients. “With expanded access, hospitals or physicians can apply for emer-gency use of remdesivir for multiple severely ill patients at a time,” Daniel O’Day, Gilead’s chairman and chief executive offi cer, said in an open letter sent by email on Saturday. — Bloomberg

‘Thai airlines to pursue US$491m government bailout’BANGKOK: Seven airlines in Th ailand are set to start talks with the fi nance ministry for a 16 billion baht (US$491 mil-lion/RM2.13 billion) bailout, the Bangkok Post reported. Th e airlines have jointly agreed to seek help, the newspaper said, citing Tassapon Bijleveld, exec-utive chairman of Asia Aviation PCL, the largest shareholder of Th ai AirAsia. Th e seven carri-ers are Th ai AirAsia, Th ai Lion Air, Nok Air, Bangkok Airways, Th ai Smile, Th ai VietjetAir and Th ai AirAsia X. — Bloomberg

UK broadband providers lift data caps during virus crisisLONDON: Britain’s big tele-communication providers have agreed to remove all data caps on fi xed-line broadband servic-es that have become a lifeline for people isolated at home during the Covid-19 crisis, the government said yesterday. Th e companies, which include BT, Virgin Media, Sky and Talk-Talk, committed to support and protect vulnerable customers during the pandemic after talks with the government and reg-ulator Ofcom. — Reuters

W O R L D 1 5MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

Singapore cancels passport of citizen who ignored isolation ruleSINGAPORE: Singapore can-celled the passport of one of its citizens who was found to have breached a requirement to quarantine himself after returning from overseas. Th e man arrived by ferry from Bat-am, Indonesia on March 19, and left again for Indonesia the same day despite being issued a notice to stay home for 14 days, according to an emailed statement from the Immigra-tion & Checkpoints Authority. He returned here last Tuesday and was issued a second no-tice. Singapore has imposed stricter measures to contain the spread of Covid-19, and those who make false or misleading travel declarations can be pros-ecuted. — Bloomberg

Cambodia reports one new Covid-19 case, tightens border restrictionsPHNOM PENH: Cambodia re-ported one new case of the Cov-id-19 yesterday, bringing tally to 103 as the country prepares to tighten entry requirements for foreign nationals to try to curb the spread of the virus. Th e new case is a 30-year-old woman who worked in a karaoke club in Cam-bodia’s northwestern Banteay Meanchey province, the ministry of health said in a statement. A total of 21 patients have recov-ered since January, the ministry said. Cambodia’s foreign aff airs ministry said last Friday it would cancel visas on arrival for foreign nationals for one month, eff ec-tive midnight today, to curb the spread of the virus. — Reuters

Thailand reports 143 new infections, one deathBANGKOK: Thailand has 143 new Covid-19 cases, bringing the total of cases since the outbreak to 1,388, the spokesman of the government’s Center for Cov-id-19 Situation Administration (CCSA) said yesterday, giving the latest daily update. Th e country also recorded one new fatality, bringing the total of deaths since the outbreak to seven. Th e latest victim was a 68-year-old man from Nonthaburi province who had attended a crowded boxing match in Bangkok where there had been a cluster of infections, Taweesin Wisanuyothin, the CCSA spokesman said. — Reuters

South Korea to impose mandatory quarantine on all arrivalsSEOUL: Every person arriving in South Korea from overseas will soon be required to undergo two weeks of quarantine to prevent the spread of Covid-19, the coun-try’s prime minister said yester-day. South Korea confi rmed 105 new cases as of Saturday, bring-ing the country’s total to 9,583, the Korea Centers for Disease Control and Prevention (KCDC) said yesterday. Of the new cases, 41 were travellers arriving from overseas, including 40 South Ko-rean citizens and one foreigner, the KCDC said. — Reuters

I N BR I E FAustralia says social distancing helping to slow Covid-19 spreadTh e daily rise in cases in recent days was at about 13-15%, from 25-30% a week ago

SEOUL: North Korea fi red what appeared to be an unidentifi ed missile into its eastern sea, the South Korean military said, raising regional security con-cerns as world leaders battle the spread of Covid-19.

Th e launch was at least its fourth this month, which Ja-pan’s coast guards said likely fell outside its exclusive eco-nomic zone. Th e projectile like-ly flew as far as 230km, and reached as high as 30km, Yon-hap news agency said.

Th e string of launches broke a three-month lull in testing and represents Kim Jong-un’s fi rst such provocations after saying on Dec 31 that he was no longer bound by a self-imposed freeze on major weapons tests. Kim spent much of last year threat-ening to take a “new path” in nuclear talks with the US in 2020, if President Donald Trump did not make a more appealing off er.

The provocations come as Kim is facing a domestic chal-lenge from Covid-19, which could easily overwhelm his country’s antiquated and under-funded medical system. North Korea is sandwiched between the countries with the most con-fi rmed infections in the world — China and South Korea.

North Korea’s secretive gov-ernment has not disclosed a single confirmed Covid-19 case. — Bloomberg

North Korea fi res missile into East Sea — Yonhap

BY L I D I A K E L LY

MELBOURNE: Th e rate of spread of Covid-19 in Australia has halved in recent days, Prime Minister Scott Morrison said yesterday as he an-nounced an additional A$1.1 bil-lion (RM2.93 billion) to expand telemedicine care and other health services.

Th e daily increase in cases in recent days was at about 13-15%, down from 25-30% seen a week ago, showing social distancing measures were working, Morri-son said.

“Th ese are still strong rates of increase, no doubt about that,” Morrison said in televised remarks.

There were 3,809 confirmed cases in Australia early yesterday, 431 more than in the previous day,

according to health ministry. Six-teen deaths were attributable to the virus, health offi cials said.

Neighbouring New Zealand saw its fi rst death related to Covid-19 yesterday, with cases rising to 514 confi rmed infections.

Two-thirds of the cases in Australia have been traced to contact with people return-ing from overseas, govern-ment offi cials said.

State leaders, how-ever, are worried about the recent rise in commu-nity transmis-sion, espe-cially in the most pop-ulous New South Wales

and Victoria, where more than half of Australia’s 25.5 million peo-ple live.

Australia has introduced a se-ries of measures to com-

bat the spread of Cov-id-19, but state and federal governments have sent some mixed

messages about so-cial distancing and other containment

measures, leading to

widespread confusion.Morrison said yesterday that

all of Australia’s six states and two territories were working to keep actions consistent, but rising case numbers may require individual states to take additional actions “sooner than other states”.

Australian media reported yes-terday a number of fi nes were given to people for breaching quaran-tines after states moved last week to implement ad hoc fines and even jail terms for individuals and businesses not complying with the rules.

Morrison also said that addition-al money will be spent on telemedi-cine care options, domestic violence support and mental health servic-es aimed at supporting “the most vulnerable” Australians. — Reuters

Morrison announced yesterday an additional A$1.1 billion to expand telemedicine care and other health services.Photo by Reuters

A man with a face mask skateboarding on a street in Wuhan, Hubei province, the epicentre of China’s Covid-19 outbreak, on Saturday. Wuhan has reported only one new case in the last 10 days. Photo by Reuters

WUHAN: China reported 45 new Covid-19 cases in the mainland for Saturday, down from 54 on the pre-vious day, with all but one involving travellers from overseas, the coun-try’s health authority said yesterday.

In the last seven days, China has reported 313 imported cases of infections but only six confi rmed cases of domestic transmission, data from the National Health Com-mission showed.

Most of those imported cases have involved Chinese returning home from abroad. Airlines have been ordered to sharply cut interna-tional fl ights from yesterday. And re-

China’s virus situation improving, with new infections trending lowerBY B R E N D A G O H & T H O M A S S U E N strictions on foreigners entering the

country went into eff ect on Saturday.Five more people died on Sat-

urday, all of them in Wuhan, the industrial central city where the epidemic began in December. But Wuhan, the capital of Hubei prov-ince, has reported only one new case in the last 10 days.

A total of 3,300 people have now died in mainland China, with a re-ported 81,439 infections.

Saturday marked the fourth con-secutive day that Hubei province recorded no new confi rmed cases. Th e sole case of domestically trans-mitted Covid-19 was recorded in Henan province, bordering Hubei.

With traffi c restrictions in the prov-

ince lifted, Wuhan is also gradually reopening borders and restarting some local transportation services.

“It’s much better now, there was so much panic back then. Th ere weren’t any people on the street. Nothing. How scary the epidemic situation was,” a man, who gave his surname as Hu, told Reuters as he ventured out to buy groceries in Wuhan.

“Now, it is under control. Now, it’s great, right?”

All airports in Hubei resumed some domestic fl ights yesterday, with the exception of Wuhan’s Tian-he airport, which will open to do-mestic fl ights on April 8. Flights from Hubei to Beijing remain suspended. — Reuters

BY K A N G A KO N G

1 6 W O R L D MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY

Italy’s Covid-19 deaths surge past 10,000Th e extension of a national lockdown is likely as the daily fatalities are still high

At home with infection, UK’s Johnson writesto nation

UK virus death toll under 20,000 would be ‘good result’

MILAN: The death toll from the outbreak of Covid-19 in Italy bar-relled past 10,000 on Saturday, a fi gure that made an extension of a national lockdown almost certain.

Offi cials said 889 more people died in the previous 24 hours, the second highest daily tally since the epidemic emerged on Feb 21, and that total fatalities reached 10,023.

Confi rmed cases rose by about 6,000 to 92,472, the second-high-est number of cases in the world

behind the US. Offi cials said the numbers would have been worse without a national lockdown.

“Without these measures, we would be seeing far worse num-bers and our health service would be in a far more dramatic state. We would have been in an unsustain-able situation,” said Angelo Borelli, the Civil Protection head who reads out the numbers daily to the media and an anxious Italy.

Italy, the fi rst Western country to introduce severe restrictions on movement after uncovering the

outbreak fi ve weeks ago, has since increasingly tightened them, and hopes that they would be eased from upcoming Friday are fading fast.

“Th ere are elements that make us believe that all of the April 3 expirations of provision will have to be postponed,” Industry Minis-ter Stefano Patuanelli told Italian broadcaster Rai.

Th e Lombardy region, which has borne the worst of the contagion, recorded 542 new deaths, bringing the total there to 5,944.

Prime Minister Giuseppe Con-te told a news conference after the fi gures were released that he had approved a new package of €4.7 billion (RM22.72 billion) of measures to help those worst hit, including shopping vouchers and food packages.

Conte has urged the European Union to launch a “recovery bond” to help fund the response to the Covid-19 outbreak, saying failure to tackle the emergency would be a “tragic mistake” for the bloc. — Reuters

WASHINGTON: US President Donald Trump said on Saturday that he would issue a travel warn-ing for the hard-hit New York area to limit the spread of Covid-19, backing off from an earlier sug-gestion that he might try to cut off the region entirely.

“A quarantine will not be nec-essary,” he said on Twitter.

Trump’s announcement came as the US death count crossed 2,100, more than double the lev-el from two days ago. The US has now recorded more than 122,000 cases of the respiratory virus, the most of any country in the world.

Since the virus first appeared

in the US in late January, Trump has vacillated between playing down the risks of infection and urging Americans to take steps to slow its spread.

Trump said on Saturday af-ternoon that he might impose a ban on travel in and out of New York and parts of New Jersey and Connecticut, the US epicentre of the disease, to protect other states that have yet to bear the brunt. He offered few specifics.

Critics promptly called the idea unworkable, saying it would cause chaos in a region that serves as the economic engine of the east-ern US, accounting for 10% of the population and 12% of GDP.

“If you started walling off areas

all across the country it would be totally bizarre, counter-produc-tive, anti-American,” New York governor Andrew Cuomo said on CNN.

Hours later, Trump dropped the idea, saying he would instead ask the US Centers for Disease Control and Prevention (CDC) to issue a “strong Travel Advisory” that would be administered by the three states’ governors.

The CDC later warned the states’ residents against non-es-sential domestic travel for 14 days. It said the warning did not apply to employees of “critical infra-structure industries” including trucking, public health and finan-cial services. — Reuters

LONDON: British Prime Minister Boris Johnson, who is self-iso-lating at 10 Downing Street after testing positive for Covid-19, will write to every UK household to urge people to stay at home.

Johnson, who has described his symptoms as mild, is leading the government’s response to the crisis, chairing meetings by video conference. Th e health minister, Matt Hancock, has also tested pos-itive and is working from home.

“We know things will get worse before they get better,” Johnson will write in his letter, which will be sent to 30 million households across the UK starting from this week.

“But we are making the right preparations, and the more we all follow the rules, the fewer lives will be lost and the sooner life can return to normal,” he will say, according to a statement from Downing Street.

Britain has reported 17,089 confi rmed cases of Covid-19 and 1,019 deaths. Th e peak of the ep-idemic in the country is expected to come in a few weeks.

After initially taking relative-ly modest steps compared with other European nations, Johnson ramped up his response to Cov-id-19 in the past week, ordering pubs, cafes, restaurants and shops to close and making social distanc-ing compulsory. — Reuters

LONDON: Th e UK will do well if it manages to keep the Covid-19 death toll below 20,000, a senior health official said on Saturday after the deadliest day so far of the outbreak saw the number of fatal-ities rise to more than 1,000.

Stephen Powis, the medical di-rector of National Health Service England, warned the public against complacency and said everyone had to play their part in hindering the spread of the virus.

Th e number of confi rmed cases stood at 17,089 on Saturday morn-ing. Th e death toll rose by 260 in a day to 1,019, the seventh highest toll in the world behind Italy, Spain, China, Iran, France and the US.

When asked if Britain was on the same trajectory as Italy, where the death toll has passed 9,000, Powis said that if the public adhered to the nationwide lockdown the total toll could be kept below 20,000.

“If it is less than 20,000 ... that would be a good result though every death is a tragedy, but we should not be complacent about that,” he said at a news conference in Downing Street. — Reuters

MADRID: Spanish Prime Minister Pedro Sanchez on Saturday announced stricter lockdown measures that will force all non-essential work-ers to stay at home for the next two weeks, as the government reported 832 new Covid-19 deaths overnight.

The latest moves to combat the virus in Spain, the sec-ond-worst affected country in Europe after Italy, was ex-pected to be approved at a cabinet meeting yesterday and will last from March 30 until April 9.

“This decision allows us to reduce the number of infect-ed people to a much greater extent,” Sanchez said in a tel-evised address to the nation.

Over the next few days Spain would be making a “powerful collective effort”, he said, adding that the new measures would have the ef-fect of extending the Easter holidays.

Workers would receive their usual salaries but would have to make up lost hours at a later date, he said.

Sanchez also used the ad-dress to urge the European Un-ion (EU) to act and called for a “united economic and social strategy”. He urged the EU to issue bonds, saying “we have to mutualise the debt, issue reconstruction bonds to deal with coronavirus [Covid-19]”.

“We do not understand why the eurozone, which shares a currency, does not share fiscal policy,” he said. — Reuters

US death count crosses 2,100; Trump drops idea of New York lockdown

BY F R A N C E S C A L A N D I N I

BY J E S S I C A J O N E S

BY E S T E L L E S H I R B O N

BY PAU L S A N D L E &

G U Y FAU LC O N B R I D G E

BY A N DY S U L L I VA N

Trump speaking to the media as he departed for a day trip to Norfolk, Virginia from the White House in Washington, the US on Saturday. He says he will issue a travel warning for the hard-hit New York area to curb the spread of Covid-19. Photo by Reuters

Spanish PM announces stricter lockdown measures

H O M E B U S I N E S S 1 7MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

1 (From left) Bank Rakyat chief executive officer Datuk Rosman Mohamed, Entre-preneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuan-ku Jaafar, the ministry’s secretary-general Datuk Seri Mohammad Mentek and Bank Rakyat chief financial officer Nor Haimee Zakaria announcing in Kuala Lumpur on March 28 a 14% dividend from Bank Rakyat with an estimated payout of RM406 million to all its members for the year ended De-cember 2019. The bank also announced a pre-tax profit and zakat of RM1.79 billion, and a net profit of RM1.15 billion.

2 Celcom Axiata Bhd chief enterprise busi-ness officer Azlan Zainal Abidin (second from left), together with Celcom’s enter-prise business team, delivering mobile devices to Sungai Buloh Hospital deputy director Mohd Rizal Abdullah (third from left) in Petaling Jaya, Selangor recently. Sungai Buloh Hospital, one of the most critical hospitals in managing the Cov-id-19 pandemic, received 40 mobile de-vices with phone lines from Celcom to support on-ground medical staff to reach out to patients under investigation and potential contacts.

3 Royal Malaysia Police (PDRM) di-rector of logistics and technology department commissioner of police Datuk Seri Rosli Ab Rahman (left) and Coway Malaysia managing director Kyle Choi Ki-ryong seen at a ceremony in Shah Alam, Selangor on March 23 where the company donated 100,000 pieces of three-layer surgical face masks to PDRM. The move to distribute the face masks during the Covid-19 move-ment control order period is in line with Coway’s vision of being ‘The Life Care Company.’

4 (From left) The Duha Group Asia-Pacific sales and marketing director of ColourHive Serene Pang, SITEC Acad-emy director Goh Boon Peng and Nip-pon Paint (Malaysia) Sdn Bhd general manager of group trade user business Chen Lee Siong at the Business Retail Transformation Talk, hosted by Nippon Paint Malaysia in Kuala Lumpur recently, for more than 150 business partners to share interesting insights into the chang-ing consumer landscape of the coating industry and how they can remain rele-vant in today’s digitised business world.

WEEK IN FOCUS

2

3

1

4

FOR THE SAME CAUSE ... (From second left) WRP Asia Pacific Sdn Bhd executive chairman Loong Mei Yin, WRP adviser on regulatory compliance and security Tan Sri Musa Hassan as well as ministry of health deputy director-general (medical) Datuk Dr Rohaizat Yon, together with other representatives, at a ceremony where WRP contributed 500,000 medical-grade examination gloves to the ministry, in support of the government’s efforts in combating the Covid-19 outbreak, in Kuala Lumpur on March 23.

1 8 F E AT U R E MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY

A global consumer default wave is just getting started in ChinaFew places have seen a bigger jump in consumer borrowing in recent years

BY J U N LU O, Z H E N G L I & M I A O H A N

BY FA R I S M O K H TA R &

I S H I K A M O O K E R J E E

Like millions of peo-ple around the world, Zhang Chunzi bor-rowed money she thought she would be able to repay before

Covid-19 changed everything.Now laid off from her job at an

apparel exporter in Hangzhou — one of China’s most prosperous cities — the 23-year-old is missing payments on 12,000 yuan (RM7,318) of debt from her credit card and an online lending platform operated by Jack Ma’s Ant Financial. “I’m late on all the bills and there is no way I can pay my debt in full,” Zhang said.

Her story is playing out in similar ways across China, where the virus outbreak has been taking lives and ravaging the economy for more than three months. As Covid-19 works its way through the rest of Asia, Eu-rope and the Americas — forcing countries into lockdown, driving up unemployment and pummeling small-business owners — analysts say it is only a matter of time before stretched households globally start to default on their loans.

Th e early indicators from China are not pretty. Overdue credit-card debt swelled last month by about 50% from a year earlier, according to executives at two banks who asked not to be named discussing internal fi gures. Qudian Inc, a Beijing-based online lender, said its delinquency ra-tio jumped to 20% in February from 13% at the end of last year. China Mer-chants Bank Co, one of the country’s biggest providers of consumer credit,

said this month that it “pressed the pause button” on its credit-card busi-ness after a “signifi cant” increase in past-due loans. An estimated eight million people in China lost their jobs in February.

“These issues in China are a preview of what we should expect throughout the world,” said Martin Chorzempa, a research fellow at the Peterson Institute for International Economics in Washington.

While the extent of the squeeze on consumers and their lenders will depend on the eff ectiveness of government eff orts to contain the virus and shore up economies, the scope for pain is immense. House-hold debt-to-gross domestic product ratios in countries including France, Switzerland, New Zealand and Nige-ria have never been higher, according to a January report from the Institute of International Finance (IIF).

In Australia, which has the high-est household debt levels among Group of 20 nations, the country’s largest lender said last Th ursday that its fi nancial assistance lines were re-ceiving eight times the normal call volume. A similar surge in queries has fl ooded lenders in the US, where credit-card balances swelled to an unprecedented US$930 billion last year and 3.28 million people fi led for jobless benefi ts during the week ended March 21 — quadruple the previous record.

Few places have seen a bigger jump in consumer borrowing in re-cent years than China, where house-hold debt including mortgages soared to a reacord 55 trillion yuan in 2019. Th at fi gure has nearly doubled since

2015, thanks to a housing boom and the rise of online lenders like Ant Fi-nancial. While the fi rm’s risk models rely on reams of payments data, they have yet to be tested by a major eco-nomic downturn.

Many consumers who take out these short-term, high-interest loans — typically funded by banks through Ant’s Alipay smartphone app — have minimal income and virtually no credit history. “Since 2015, banks have kept lowering their criteria to compete,” said Zhang Shuaishuai, an analyst at China International Capital Corp. “Th e virus outbreak accelerated their exposure to risks. It will only get worse if unemployment climbs further.”

Ant declined to comment.Consumer default rates at some

banks have already increased to as high as 4% from about 1% before the outbreak, according to Zhao Jian, head of Atlantis Financial Research, who cited a survey of lenders. An executive at one major Chinese

bank said his fi rm is taking steps to tighten credit-card loans or even drop some clients after seeing a rap-id increase in overdue payments.

With corporate delinquencies ris-ing as well, banks could face a 5.2 tril-lion yuan surge in total non-perform-ing loans and an unprecedented 39% slump in profi ts this year, according to a worst-case scenario outlined by UBS Group AG analysts this month.

Massive government stimulus will help ease the blow. Most coun-tries have announced plans for economic support measures in recent months, including a US$2 trillion (RM8.66 trillion) package in the US that will provide direct pay-ments to lower- and middle-income Americans. Some of the biggest US lenders have pledged to off er grace periods for mortgage borrowers aff ected by the crisis.

In China, authorities have fl ood-ed the fi nancial system with liquid-ity and encouraged banks to step up their lending to small businesses

that employ about 80% of the na-tion’s workforce.

While most banks have yet to off er debt relief to consumers out-side those living in cities like Wu-han that were hit especially hard by the virus, UBS predicts China’s government will do more if needed to help people fi nd jobs and pay their bills. Bloomberg Economics estimates that about 85% of the economy was back online in the week ending March 20, excluding the original virus epicentre in Hubei province. “A large-scale increase in unemployment, and resulting high delinquencies on retail loans will not be tolerated by authorities as social stability is their bottom line,” said May Yan, a Hong Kong-based analyst at UBS. Stimulus is unlikely to tide over everyone, particularly in places like China where house-hold finances are stretched like never before. Th e country’s con-sumer debt-to-income ratio surged to 92% at the end of 2018 from 30% a decade ago, surpassing Germany and closing in on levels in the US and Japan, according to the IIF. Th e risk is that a prolonged economic slump and weak real estate market will force more people to renege on their loans.

That moment has already ar-rived for Yin Weijun, a 27-year-old who recently lost his job as a hotel chef in Wenzhou, a city in China’s southeast. “I’m like a refugee from debt,”“I had never missed a pay-ment in my life, but the virus left me with no choice. Even if they give me an extra one or two months, I still can’t pay.” — Bloomberg

STUDENT Chelsie Lee landed in Singapore from the UK last week, prepared to spend 14 days of man-datory, Covid-19-related isolation at home. Instead, she was whisked away to a fi ve-star hotel on an island resort.

For a fortnight, courtesy of the government, she will wake up to a sea view in a room that would normally cost hundreds of dollars a night. Wel-come to quarantine, Singapore-style.

Th e government said last week it is placing residents returning from the US and the UK in hotels to prevent them from potentially spreading the virus to their families, a measure that is tighter than one that earlier allowed them to serve the period at home.

For Lee, that meant waking up last Friday to a room-service break-fast of scrambled eggs, sausages and hash browns served with crois-sant and toast as she enjoyed the

view from the balcony of Shangri-La’s Rasa Sentosa Resort and Spa.

“I have a king-sized bed to my-self,” said Lee, a 21-year-old law student at the University of War-wick. “And since my room is on level eight, I have a good sea view. I can see the beach, the swimming pool and cable cars. It is quite nice.”

Singapore has seen a spike in in-fections, largely involving individuals with recent travel history, and those returning from the UK and the US account for the largest number of cases. Th e country gets about 1,200 residents returning just from the UK and the US every day, National De-velopment Minister Lawrence Wong told parliament last week. On Satur-day, confi rmed infections climbed by another 70 to 802, with more than half classifi ed as imported cases.

To prevent community spread, the government said on March 24 it is working with hotel operators to provide “dedicated facilities” for such

returnees, while those currently serv-ing their notices in their homes could also apply for those rooms. Th ey are provided with meals and laundry too — and all on taxpayer dollars.

Singapore has booked more than 7,500 hotel rooms and serviced apart-ments to house returnees, according to property website 99.co. Some of the hotels enlisted include those be-longing to international luxury chains such as Hilton Worldwide Holdings Inc, InterContinental Hotels Group and Accor SA, it said.

Rasa Sentosa is providing along with several other hotels in Singa-pore, a dedicated facility for return-ing residents to serve out their stay-home notice, a spokesperson said.

Battered industryTh e government measure will go some way in supporting Singapore’s hospitality industry, which has been hammered by the pandem-ic, with fl ights and visitor arrivals

grinding to a halt. Bracing for an economic contraction that could be the worst since independence, the administration unveiled a second stimulus package last Th ursday that boosted assistance to an equivalent of 11% of gross domestic product.

Support includes scrapping property taxes in 2020 for hotels, shops and other commercial prop-erties.

A few levels below Lee is Yong-chang Chin, who was pleasant-ly surprised to be handed a form when he landed in Singapore last week, stating that he too will serve his 14-day quarantine at the hotel.

“I felt really lucky, it was unex-pected,” said the 25-year-old Sin-gaporean, who is pursuing a Mas-ter’s degree in demography at the University of Oxford.

Th e Singapore Hotel Association could not say how many hotels are in-volved in hosting overseas returnees.

It had sent an invite to all mem-

bers to participate in the initiative, a spokesperson said.

“We do not have any indication of the response from hotels yet,” the spokesperson said. “Hotels can choose to make this commercial decision at their discretion.

Th is new measure will certainly help to alleviate the hotels’ fi nancial pressure now that tourism demand is non-existent.”

Singapore earlier expected a 25% to 30% decline in tourist arrivals when Covid-19 hit China and its other major visitor markets.

But as the city-state imposed tighter border controls, coupled with lockdowns in other nations, the outlook became darker.

It stands in stark contrast to last year’s record arrivals of 19.1 mil-lion people.

Tourism receipts rose to S$27.1 billion in 2019 based on preliminary estimates, from S$26.9 billion the year before. — Bloomberg

In Singapore, quarantine comes with sea view, room service

1 9

MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)

Bursa Malaysia Main Market YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)

Bursa Malaysia

FBM KLCI 1,343.09 15.00 1.13FBM ACE 3,766.95 87.53 2.38FBM TOP 100 9,122.23 118.57 1.32FBM EMAS 9,186.30 121.86 1.34FBM MID 70 10,535.84 207.28 2.01FBM MIDS CAP 9,740.06 248.06 2.61FBM SMALL CAP 8,942.84 177.66 2.03FBM FLEDGLING 10,415.86 165.54 1.61FTSE4GOOD BURSA M’SIA 741.43 10.46 1.43FBM PALM OIL PLANTATION MYR N/A N/A N/AFBM EMAS SHARIAH 10,008.38 104.01 1.05FBM HIJRAH SHARIAH 11,590.14 90.86 0.79FBM MIDS CAP SHARIAH 9,237.18 238.15 2.65

INDICES CLOSE +/- %CHGCONSTRUCTION 137.87 2.20 1.62CONSUMER PRODUCTS & SERVICES 501.90 4.79 0.96ENERGY 615.40 8.55 1.41FINANCIAL SERVICES 12,304.94 201.49 1.66HEALTH CARE 1,272.97 31.02 2.50INDUSTRIAL PRODUCTS & SERVICES 104.29 1.73 1.69PLANTATION 6,133.63 77.56 1.28PROPERTY 559.12 15.05 2.77REAL ESTATE INVESTMENT TRUSTS 861.73 5.34 0.62TECHNOLOGY 28.55 1.04 3.78TELECOMMUNICATION & MEDIA 543.53 12.02 2.26TRANSPORTATION & LOGISTICS 528.30 1.84 0.35UTILITIES 836.26 21.23 2.60

INDICES CLOSE +/- %CHG

Sectorial Movement

CONSUMER PRODUCTS & SERVICES 0.959 0.530 0.620 0.605 0012 3A 0.610 UNCH 360.6 0.611 10.20 3.28 300.1 0.250 0.040 0.055 0.050 5238 AAX 0.050 -0.005 31195.6 0.054 — — 207.4 0.435 0.220 0.315 0.310 7120 ACOSTEC 0.315 -0.005 41 0.310 — — 61.3 1.830 0.910 1.100 1.050 6599 AEON 1.090 0.040 1326 1.085 14.01 3.67 1,530.4 0.185 0.040 — — 7315 AHB 0.050 — — — — — 8.8 2.150 0.500 0.835 0.700 5099 AIRASIA 0.750 0.020 117995 0.768 — 32.00 2,506.5 17.512 9.960 13.100 12.480 2658 AJI 12.980 0.500 81.3 12.847 14.13 3.62 789.2 5.991 4.500 4.780 4.750 6351 AMWAY 4.780 0.030 11.2 4.758 15.35 4.18 785.8 0.025 0.005 — — 5194 APFT 0.005 — — — 0.14 — 6.7 3.889 2.450 3.080 3.050 6432 APOLLO 3.050 0.270 7 3.058 16.75 6.56 244.0 0.240 0.070 0.115 0.105 1481 ASB 0.105 0.005 28596.3 0.109 1.30 2.38 97.6 0.580 0.420 — — 7722 ASIABRN 0.440 — — — 8.43 — 102.4 2.486 1.300 1.600 1.510 7129 ASIAFLE 1.550 0.050 56.4 1.563 7.27 9.03 301.9 4.400 3.800 — — 7048 ATLAN 3.910 — — — 39.94 5.12 991.8 0.200 0.020 0.055 0.040 8885 AVI 0.055 0.015 17487 0.052 — — 51.9 34.678 9.260 10.280 9.990 4162 BAT 10.160 0.270 1613.6 10.176 8.40 11.61 2,901.0 2.688 0.935 1.140 1.110 5248 BAUTO 1.130 0.030 4777.9 1.133 8.36 9.69 1,314.8 1.773 1.000 1.180 1.150 5196 BJFOOD 1.170 0.020 614.7 1.160 23.68 3.42 447.1 0.260 0.105 0.165 0.155 4219 BJLAND 0.165 0.005 8186.2 0.162 — — 825.1 2.691 1.940 2.220 2.160 1562 BJTOTO 2.220 0.030 1544.8 2.188 14.21 7.21 2,999.3 1.344 0.320 0.485 0.450 9288 BONIA 0.450 -0.050 46 0.458 4.58 4.44 90.7 0.390 0.070 0.150 0.120 9474 BRAHIMS 0.130 0.010 1524.7 0.135 — — 30.7 0.625 0.195 0.235 0.220 7174 CAB 0.225 0.005 1029 0.228 — 1.11 155.4 0.595 0.185 0.240 0.225 7154 CAELY 0.225 0.010 414.7 0.229 — — 37.0 0.305 0.170 — — 7128 CAMRES 0.205 — — — 410 — 40.3 2.600 1.811 2.590 2.570 5245 CARING 2.590 0.010 16.8 2.579 28.12 2.32 563.9 38.959 17.247 26.400 25.080 2836 CARLSBG 25.620 0.420 709.9 25.564 26.91 3.51 7,833.3 2.140 1.150 1.230 1.190 2925 CCB 1.230 0.050 70 1.222 — — 123.9 0.637 0.300 0.405 0.370 7035 CCK 0.380 0.015 2867.2 0.388 7.12 3.29 239.7 0.330 0.180 0.210 0.180 7209 CHEETAH 0.210 0.030 17.5 0.185 14.58 1.90 26.8 1.480 0.820 — — 2828 CIHLDG 0.900 — — — 4.72 8.89 145.8 0.095 0.030 0.035 0.035 5104 CNI 0.035 UNCH 50 0.035 — 8.57 25.2 0.055 0.020 — — 5188 CNOUHUA 0.020 — — — 100.00 — 13.4 2.114 1.390 1.520 1.500 7205 COCOLND 1.520 0.050 39.2 1.513 9.36 7.57 347.8 1.079 0.570 0.640 0.610 7202 CSCENIC 0.640 0.030 18 0.622 12.36 7.81 77.1 0.491 0.240 — — 9423 CWG 0.250 — — — 9.92 6.00 31.6 0.035 0.020 0.025 0.020 7179 DBE 0.020 UNCH 394.2 0.021 6.06 — 56.7 1.130 0.760 — — 7119 DEGEM 1.040 — — — 30.86 — 139.4 2.990 1.680 2.050 1.890 5908 DKSH 1.970 0.060 138.1 1.963 7.95 5.08 310.6 63.855 34.000 43.020 41.620 3026 DLADY 42.880 1.880 23.3 42.934 26.63 2.33 2,744.3 2.962 0.980 1.320 1.250 1619 DRBHCOM 1.250 0.020 6546.5 1.284 4.97 2.40 2,416.5 0.120 0.035 0.045 0.045 2097 EASTLND 0.045 0.005 295 0.045 — — 14.6 0.634 0.460 — — 5081 EIG 0.490 — — — 15.61 6.12 116.2 0.065 0.025 0.035 0.030 7182 EKA 0.035 0.005 50 0.031 — — 10.9 0.250 0.080 0.105 0.100 9091 EMICO 0.100 UNCH 175 0.104 4.65 — 10.6 1.120 0.720 — — 7149 ENGKAH 0.850 — — — 77.98 7.06 60.1 0.320 0.080 0.320 0.265 7208 EURO 0.315 0.050 6552.7 0.295 — — 84.2 0.500 0.320 — — 7094 EUROSP 0.500 — — — — — 22.2 36.213 24.120 30.080 29.940 3689 F&N 30.080 0.060 193 30.018 26.53 1.99 11,032.7 0.740 0.560 0.560 0.560 2755 FCW 0.560 -0.035 0.7 0.560 8.92 17.86 140.0 0.518 0.350 0.415 0.415 6939 FIAMMA 0.415 0.015 70 0.415 7.89 4.82 211.7 0.481 0.145 0.185 0.150 8605 FIHB 0.165 -0.010 133 0.177 2.35 — 18.0 1.820 1.080 1.370 1.310 9172 FPI 1.360 0.060 896 1.358 8.10 8.09 336.4 3.720 0.735 1.720 1.680 7184 G3 1.680 -0.020 229.9 1.710 — — 786.3 3.260 1.500 2.130 2.050 5102 GCB 2.060 UNCH 2936.7 2.096 7.81 1.21 2,078.7 0.500 0.305 — — 5592 GCE 0.310 — — — — — 61.1 3.790 1.830 2.040 1.930 4715 GENM 1.970 0.070 36444 1.988 7.98 5.58 11,697.9 6.830 2.910 3.780 3.510 3182 GENTING 3.600 0.120 11727 3.643 6.95 3.47 13,956.8 0.415 0.035 0.060 0.055 5079 GETS 0.060 0.005 519 0.060 — — 7.6 0.165 0.070 0.085 0.075 0136 GREENYB 0.080 0.005 314.2 0.078 7.08 2.00 26.7 2.624 1.120 1.390 1.220 7668 HAIO 1.310 0.110 779 1.302 11.51 9.16 393.4 3.920 2.890 2.980 2.900 5008 HARISON 2.900 -0.030 46 2.925 7.91 6.90 198.6 0.155 0.030 0.040 0.035 5187 HBGLOB 0.040 0.005 247 0.037 2.19 — 18.7 31.740 17.300 22.900 21.920 3255 HEIM 21.920 0.020 417.2 22.336 21.16 4.93 6,622.0 11.401 6.040 7.480 7.180 3301 HLIND 7.400 0.200 73.6 7.406 7.45 6.69 2,426.5 0.738 0.355 0.450 0.430 5160 HOMERIZ 0.430 UNCH 291.6 0.436 5.14 6.98 129.0 0.945 0.745 0.855 0.825 5024 HUPSENG 0.830 0.005 629.4 0.841 15.99 7.23 664.0 0.350 0.150 0.210 0.200 8478 HWATAI 0.205 UNCH 29 0.203 — — 15.3 0.490 0.160 0.190 0.180 9113 ICONIC 0.190 0.005 1467.1 0.185 — — 61.5 0.800 0.055 — — 7243 IMPIANA 0.070 — — — 7.29 — 53.7 0.740 0.250 0.315 0.300 5295 INNATURE 0.310 0.010 896.4 0.309 6.50 — 218.8 1.210 0.210 0.280 0.240 5107 IQGROUP 0.280 0.050 131.6 0.266 — — 24.6 0.075 0.025 0.035 0.030 7223 JADI 0.030 UNCH 397.2 0.031 — — 31.1 1.150 0.680 0.730 0.715 7152 JAYCORP 0.715 -0.015 174.3 0.723 5.09 13.99 98.1 0.420 0.130 0.145 0.130 8931 JERASIA 0.140 0.005 115.4 0.141 7.69 — 11.5 1.873 0.980 1.180 1.130 7167 JOHOTIN 1.130 0.020 1401.3 1.152 7.22 5.66 350.8 0.380 0.120 — — 8672 KAMDAR 0.250 — — — 277.7 — 49.5 0.643 0.260 0.355 0.340 5247 KAREX 0.340 UNCH 2455.2 0.348 — 1.47 340.8 1.732 0.815 1.000 0.975 7216 KAWAN 0.985 0.050 134.1 0.984 29.76 2.54 354.1 0.642 0.165 0.270 0.255 6203 KHEESAN 0.265 0.010 1708.1 0.263 — 3.77 30.3 1.750 1.250 — — 7062 KHIND 1.550 — — — 33.33 — 62.1 3.110 0.295 1.460 1.290 7130 KPOWER 1.370 0.150 4318.8 1.397 23.62 — 114.8 0.120 0.035 0.050 0.050 5172 KSTAR 0.050 UNCH 3 0.050 — — 22.3 0.195 0.025 0.040 0.035 4847 KTB 0.040 0.005 361.2 0.035 — — 16.1 0.630 0.200 0.260 0.225 1643 LANDMRK 0.235 0.020 540 0.240 — — 124.3 3.989 1.800 1.900 1.820 7006 LATITUD 1.890 -0.040 26.9 1.844 56.76 3.17 183.7 0.530 0.160 0.290 0.275 9385 LAYHONG 0.285 0.015 6189.7 0.282 9.69 1.75 188.2 0.893 0.325 0.420 0.410 8079 LEESK 0.420 -0.020 44.8 0.416 8.43 5.95 70.5 1.161 0.430 0.565 0.525 6633 LHI 0.530 0.005 4922.7 0.549 12.41 — 1,934.5 3.181 1.570 1.940 1.890 7089 LIIHEN 1.940 0.070 828.3 1.914 4.46 7.99 349.2 0.405 0.010 — — 7126 LONBISC 0.020 — — — — — 5.8 0.170 0.080 0.105 0.095 8303 LOTUS 0.095 UNCH 616.1 0.100 — — 65.5 1.360 0.968 1.140 1.080 7085 LTKM 1.080 -0.070 40.3 1.089 7.39 1.39 140.5 2.644 1.211 1.590 1.500 7087 MAGNI 1.540 0.090 1506.1 1.538 5.67 6.36 668.3 2.792 1.700 1.950 1.870 3859 MAGNUM 1.920 0.060 3754.7 1.925 11.44 8.33 2,760.5 0.130 0.080 0.090 0.085 3514 MARCO 0.090 UNCH 217.5 0.090 5.96 3.33 94.9 1.360 0.748 — — 5886 MBG 1.300 — — — 1857 1.15 79.0 4.372 2.500 2.710 2.650 5983 MBMR 2.710 0.090 1017.7 2.702 4.63 4.80 1,059.3 0.530 0.160 0.170 0.160 7234 MESB 0.160 -0.005 1123.7 0.163 2.93 — 14.6 0.802 0.335 0.435 0.420 3662 MFLOUR 0.425 0.015 2193.2 0.427 8.99 7.06 428.1 0.900 0.700 — — 7935 MILUX 0.850 — — — — — 49.9 0.120 0.020 0.030 0.025 5166 MINDA 0.030 UNCH 200.5 0.025 — — 37.2 1.880 0.230 0.375 0.335 5202 MSM 0.345 0.030 8553.6 0.356 — — 242.5 0.255 0.050 0.075 0.070 3891 MUIIND 0.075 0.005 2842 0.073 — — 219.9 2.440 1.100 1.240 1.190 3905 MULPHA 1.210 0.010 375.8 1.213 — — 386.7 1.480 0.575 0.680 0.610 5275 MYNEWS 0.670 0.060 865.9 0.654 19.25 1.49 457.0 149.90 120.00 139.00 136.00 4707 NESTLE 136.000 -1.000 97.3 137.752 47.39 2.06 31,892 2.828 1.910 2.350 2.330 7060 NHFATT 2.330 0.350 2.2 2.349 12.95 4.29 192.6 0.075 0.020 0.040 0.040 7139 NICE 0.040 0.005 5.1 0.040 — — 28.1 0.250 0.055 0.080 0.075 7215 NIHSIN 0.075 UNCH 2127.2 0.075 — — 24.1 0.575 0.295 0.360 0.345 5066 NTPM 0.350 0.005 1433.9 0.354 — 4.57 393.1 0.580 0.300 — — 5533 OCB 0.355 — — — — — 36.5 0.820 0.290 0.365 0.335 0049 OCNCASH 0.335 0.005 7540.7 0.347 11.55 4.33 82.2 0.882 0.450 0.570 0.560 7107 OFI 0.560 UNCH 85.7 0.563 11.64 3.21 134.4 0.135 0.050 0.065 0.060 3018 OLYMPIA 0.065 UNCH 784 0.064 — — 66.5 6.580 4.500 5.100 4.860 4006 ORIENT 5.020 0.190 164.4 4.977 8.87 5.18 3,114.4 0.740 0.155 0.230 0.205 5260 OWG 0.215 0.015 1871.8 0.220 — — 61.3 3.956 1.780 2.150 2.040 7052 PADINI 2.060 0.030 1189 2.099 8.24 4.85 1,355.3 39.747 22.820 26.780 25.680 3719 PANAMY 26.140 1.140 24.7 26.154 14.52 8.65 1,587.9 0.446 0.270 0.295 0.295 5022 PAOS 0.295 UNCH 9.9 0.295 — 5.42 53.4 0.350 0.180 — — 9407 PARAGON 0.230 — — — 4.44 — 16.1 0.280 0.065 0.085 0.075 5657 PARKSON 0.080 0.010 4864.2 0.077 — — 87.5 0.622 0.160 0.225 0.210 6068 PCCS 0.215 0.005 2765.3 0.218 3.55 6.98 45.2 0.590 0.185 0.270 0.245 5231 PELIKAN 0.255 0.005 3524 0.262 15.64 — 155.1 0.430 0.190 0.210 0.200 9997 PENSONI 0.210 0.010 62 0.207 — — 27.2 1.070 0.480 1.070 0.975 7080 PERMAJU 0.995 0.015 13651 1.004 — — 195.0 26.046 17.500 20.900 19.700 5681 PETDAG 20.200 0.200 366.7 20.136 24.18 3.47 20,067.8 0.149 0.075 0.100 0.075 4081 PMCORP 0.100 0.020 180.4 0.081 — 5.00 77.3 0.130 0.040 0.085 0.070 1287 PMHLDG 0.075 -0.010 15759.3 0.078 — — 69.7 0.702 0.300 0.375 0.355 5080 POHKONG 0.355 -0.005 1441.2 0.369 4.28 3.38 145.7 1.558 0.690 0.820 0.725 7088 POHUAT 0.795 0.015 708.7 0.782 3.46 8.81 194.3 19.960 15.000 16.620 16.240 4065 PPB 16.520 -0.040 642.3 16.497 20.39 1.88 23,501.3 1.300 0.055 0.300 0.160 7168 PRG 0.220 0.070 49383.7 0.228 — — 91.3 1.100 0.305 0.485 0.390 8966 PRLEXUS 0.410 0.025 752.5 0.420 10.49 1.95 74.2 0.259 0.125 0.145 0.135 0186 PTRANS 0.140 UNCH 7146.6 0.139 5.02 8.93 199.2 0.846 0.350 0.460 0.420 7134 PWF 0.420 -0.015 88 0.427 11.17 4.76 73.1 2.398 1.275 1.910 1.860 7237 PWROOT 1.880 0.020 291.7 1.884 17.14 4.73 771.9

8.650 6.461 7.250 7.100 7084 QL 7.100 -0.100 1424.9 7.205 48.07 0.63 11,519.3 0.420 0.220 0.230 0.230 9946 REX 0.230 0.010 11.5 0.230 — — 56.7 0.215 0.100 0.135 0.125 0037 RGB 0.125 UNCH 11799 0.129 4.86 2.40 193.5 0.845 0.590 0.650 0.630 5278 RHONEMA 0.645 -0.015 173.5 0.640 13.58 4.65 117.8 1.014 0.255 0.360 0.325 0183 SALUTE 0.325 0.005 9270.7 0.340 — 7.38 126.1 0.400 0.080 0.165 0.160 5157 SAUDEE 0.160 0.015 178.1 0.161 69.57 — 22.0 0.640 0.586 0.615 0.610 9792 SEG 0.610 UNCH 597 0.610 16.14 4.10 771.4 1.560 1.210 1.400 1.350 5250 SEM 1.400 0.040 750.1 1.390 29.66 1.71 1,726.7 0.980 0.440 0.600 0.595 7180 SERNKOU 0.600 UNCH 16 0.599 8.13 — 152.8 5.865 4.380 4.520 4.450 5517 SHANG 4.520 0.020 84.3 4.488 31.41 3.32 1,988.8 0.550 0.275 — — 7412 SHH 0.310 — — — — — 15.5 0.552 0.155 0.340 0.320 7246 SIGN 0.330 0.025 479.7 0.329 50.77 3.03 79.3 2.370 1.560 1.770 1.660 4197 SIME 1.660 -0.020 9180.6 1.730 12.11 5.42 11,290.4 0.405 0.080 0.095 0.090 8532 SINOTOP 0.090 UNCH 25 0.091 — — 35.5 0.215 0.060 0.100 0.080 9776 SMCAP 0.090 0.010 70 0.082 2.50 — 19.2 0.400 0.200 — — 7943 SNC 0.400 — — — — — 26.4 0.375 0.200 0.280 0.255 5242 SOLID 0.275 0.010 4076.8 0.267 63.95 — 108.7 2.400 1.700 1.930 1.850 7103 SPRITZER 1.890 UNCH 45.6 1.889 12.69 1.85 396.9 0.775 0.250 0.350 0.335 7186 SWSCAP 0.335 -0.015 172.2 0.337 — — 61.1 0.230 0.140 0.155 0.145 7082 SYF 0.155 0.005 950 0.153 — 8.06 96.0 0.365 0.200 — — 7211 TAFI 0.240 — — — — — 19.2 1.605 0.980 1.050 1.040 4405 TCHONG 1.040 0.020 55.1 1.048 15.55 3.85 698.9 1.550 0.770 0.880 0.870 7439 TECGUAN 0.880 -0.015 33 0.875 3.19 — 35.3 0.340 0.115 0.145 0.135 7200 TEKSENG 0.140 0.010 281.1 0.143 — — 50.5 1.387 0.650 0.905 0.850 7252 TEOSENG 0.890 0.065 1433.8 0.881 4.51 6.74 267.0 1.386 0.899 0.980 0.960 9369 TGL 0.960 -0.020 20 0.970 5.95 5.21 39.1 0.600 0.240 0.315 0.310 7230 TOMEI 0.310 0.010 147.9 0.313 4.92 3.23 43.0 0.450 0.190 0.230 0.230 7176 TPC 0.230 -0.040 50.1 0.230 25.84 — 53.8 5.647 1.650 2.520 2.290 4588 UMW 2.340 -0.060 3708.8 2.376 6.22 0.85 2,733.8 2.300 1.740 1.900 1.740 7757 UPA 1.900 UNCH 10.5 1.801 13.25 4.21 151.2 0.970 0.100 0.275 0.240 7240 VERTICE 0.255 -0.010 696.4 0.251 — — 48.1 1.127 0.680 — — 7203 WANGZNG 0.800 — — — 10.93 5.00 128.0 2.250 1.410 — — 5016 WARISAN 1.500 — — — — 2.67 100.8 0.175 0.070 0.115 0.105 5156 XDL 0.110 0.005 16615 0.110 11.70 — 198.5 0.730 0.200 0.280 0.255 7121 XIANLNG 0.280 0.030 45 0.258 — — 22.4 2.340 1.700 — — 5584 YEELEE 1.700 — — — 13.75 2.35 325.7 1.147 0.430 0.490 0.470 5159 YOCB 0.475 UNCH 965.4 0.476 4.78 10.53 76.0 1.583 0.950 1.030 0.995 5131 ZHULIAN 1.000 0.005 330.2 1.005 9.29 8.00 460.0INDUSTRIAL PRODUCTS & SERVICES 0.095 0.040 0.055 0.055 7086 ABLEGRP 0.055 -0.005 45 0.055 — — 14.5 2.400 1.680 1.980 1.900 9148 ADVPKG 1.980 -0.090 17.2 1.924 — 3.03 40.6 0.130 0.040 — — 7146 AEM 0.075 — — — — — 24.7 0.710 0.300 — — 5198 AFUJIYA 0.320 — — — 31.07 — 57.6 0.330 0.160 0.220 0.200 2682 AISB 0.220 0.020 4.9 0.200 — — 31.8 0.575 0.200 0.290 0.285 7609 AJIYA 0.285 UNCH 53 0.290 16.76 — 86.8 0.575 0.180 0.490 0.425 2674 ALCOM 0.440 0.015 365.4 0.451 176.00 — 59.1 1.139 0.815 0.870 0.840 7083 ANALABS 0.840 0.010 87.1 0.851 17.91 3.57 100.8 0.770 0.380 0.585 0.495 4758 ANCOM 0.520 0.040 872.5 0.527 21.58 — 125.2 1.814 0.415 0.600 0.535 6556 ANNJOO 0.550 0.015 5328.5 0.568 — 21.82 308.0 0.050 0.010 0.020 0.015 9342 ANZO 0.015 UNCH 8440.6 0.017 — — 13.2 0.650 0.355 — — 5568 APB 0.450 — — — — — 50.8 2.937 1.500 1.750 1.600 5015 APM 1.640 0.050 96.3 1.604 11.77 7.32 330.6 0.565 0.270 0.340 0.320 7214 ARANK 0.340 0.010 139.5 0.336 5.13 7.35 57.8 0.605 0.095 0.150 0.135 7181 ARBB 0.140 0.010 7453.6 0.144 0.82 — 41.1 0.750 0.370 0.440 0.425 7162 ASTINO 0.440 0.005 256.3 0.429 4.80 2.27 120.6 1.850 0.665 0.830 0.795 8176 ATAIMS 0.795 UNCH 1160.9 0.807 9.78 4.14 957.5 0.630 0.375 — — 7099 ATTA 0.445 — — — 4.06 — 94.9 0.766 0.195 0.290 0.265 7579 AWC 0.275 0.020 1441.5 0.279 5.25 5.45 82.2 0.338 0.115 0.145 0.135 5021 AYS 0.140 -0.005 75 0.140 — 14.29 53.3 0.470 0.170 0.210 0.185 7005 BIG 0.195 0.010 238.8 0.194 — — 10.3 0.150 0.040 0.060 0.055 6998 BINTAI 0.060 0.005 130.5 0.059 6.82 — 17.4 0.280 0.170 0.245 0.220 3395 BJCORP 0.225 0.005 50062 0.233 — — 1,173.4 0.766 0.300 0.400 0.350 0168 BOILERM 0.395 0.035 465.3 0.382 7.41 5.06 203.8 0.050 0.010 0.020 0.015 7036 BORNOIL 0.020 0.005 9685.2 0.016 — — 106.8 1.240 0.815 — — 6297 BOXPAK 0.850 — — — — — 102.0 1.069 0.610 0.820 0.800 5100 BPPLAS 0.800 0.040 49.4 0.805 7.09 7.50 150.2 0.560 0.095 0.170 0.140 9938 BRIGHT 0.150 0.010 1583.7 0.152 18.75 — 30.8 0.390 0.080 0.135 0.125 7221 BSLCORP 0.130 0.010 35 0.130 — — 12.7 1.400 0.345 0.440 0.405 2771 BSTEAD 0.415 0.020 1619.1 0.422 — 12.05 841.2 0.230 0.050 0.100 0.080 7188 BTM 0.080 0.005 24 0.085 — — 11.3 3.941 1.600 2.180 2.060 5105 CANONE 2.110 0.030 614.9 2.124 0.58 1.90 405.4 0.015 0.010 — — 5229 CAP 0.010 — — — — — 13.6 1.250 0.680 0.850 0.830 7076 CBIP 0.850 0.015 435.4 0.842 12.13 3.53 457.5 2.120 0.590 0.740 0.665 2879 CCM 0.665 UNCH 776.3 0.687 6.97 7.52 111.5 0.885 0.400 — — 8435 CEPCO 0.705 — — — — — 52.6 1.240 1.090 — — 8044 CFM 1.090 — — — — — 44.7 0.600 0.330 — — 8052 CGB 0.410 — — — — — 36.9 0.902 0.392 0.505 0.495 5273 CHINHIN 0.505 0.015 133.7 0.497 14.55 3.96 281.0 1.884 0.680 0.855 0.790 5007 CHINWEL 0.845 0.035 200.6 0.843 7.09 5.74 253.1 1.652 0.700 0.770 0.750 5797 CHOOBEE 0.750 UNCH 125.7 0.757 — 6.67 98.8 0.500 0.180 0.220 0.200 7016 CHUAN 0.205 UNCH 12.7 0.208 — 5.37 34.6 0.045 0.020 — — 7018 CME 0.025 — — — — — 14.6 3.824 0.830 1.280 1.110 2852 CMSB 1.130 0.060 39508 1.204 7.56 6.55 1,214.0 0.500 0.350 — — 7986 CNASIA 0.410 — — — — — 20.5 0.310 0.045 0.080 0.070 7195 COMCORP 0.080 -0.025 22 0.075 — — 11.2 1.020 0.605 0.795 0.755 2127 COMFORT 0.765 0.035 4518.9 0.778 13.10 1.96 446.0 0.030 0.010 0.015 0.010 5037 COMPUGT 0.015 UNCH 71 0.011 — — 37.6 1.190 0.540 0.630 0.590 5094 CSCSTEL 0.610 0.035 2203.1 0.610 6.48 6.56 231.8 0.473 0.295 0.340 0.310 7157 CYL 0.310 UNCH 1.9 0.323 24.80 8.06 31.0 0.360 0.230 — — 5082 CYMAO 0.230 — — — — — 17.3 1.677 0.605 0.755 0.710 5184 CYPARK 0.715 0.015 3894.6 0.733 3.57 5.45 334.2 2.600 1.450 1.660 1.560 8125 DAIBOCI 1.650 0.050 223.5 1.625 19.90 — 541.0 0.639 0.230 0.320 0.295 5276 DANCO 0.310 0.010 72.3 0.307 6.60 5.65 94.2 0.335 0.055 0.120 0.110 7212 DESTINI 0.120 0.010 6074.3 0.114 — — 147.6 0.660 0.185 0.230 0.215 7114 DNONCE 0.230 0.010 173.7 0.222 109.52 — 60.3 0.280 0.025 0.035 0.030 5835 DOLMITE 0.030 UNCH 1722.8 0.030 — — 9.4 0.180 0.025 0.060 0.045 5265 DOLPHIN 0.045 UNCH 16302.2 0.051 — — 11.0 1.289 0.950 1.040 0.980 7169 DOMINAN 0.980 -0.060 249.5 0.994 10.27 5.10 161.9 5.000 1.823 3.110 2.920 7233 DUFU 3.050 0.230 5012.2 3.008 17.39 1.18 802.8 2.000 0.100 0.155 0.125 7165 DWL 0.135 0.010 2502.3 0.139 — — 31.4 0.095 0.025 0.035 0.030 5178 DYNACIA 0.035 UNCH 29.4 0.032 — — 18.8 3.459 1.880 2.300 2.230 1368 EDGENTA 2.230 -0.050 76.6 2.261 10.20 6.28 1,854.5 0.260 0.050 0.080 0.080 0064 EFFICEN 0.080 -0.010 155 0.080 — — 56.7 0.500 0.195 0.275 0.260 8907 EG 0.265 0.010 852.9 0.267 7.64 — 72.9 1.533 1.020 1.100 1.030 5208 EITA 1.050 -0.020 312.6 1.064 5.40 5.71 136.5 0.815 0.385 0.410 0.385 9016 EKSONS 0.410 0.020 24 0.394 — 12.20 67.3 0.530 0.155 0.230 0.215 7217 EMETALL 0.225 0.025 124 0.218 12.43 — 42.4 0.897 0.460 0.540 0.520 5056 ENGTEX 0.520 UNCH 477.1 0.526 — 1.44 230.5 0.405 0.230 0.235 0.230 7773 EPMB 0.230 -0.020 55 0.234 — — 38.2 0.405 0.090 0.140 0.130 5101 EVERGRN 0.130 UNCH 2026.8 0.135 — 3.69 110.0 1.440 1.000 1.130 1.110 2984 FACBIND 1.120 0.020 38.6 1.120 96.55 0.89 95.4 3.020 1.710 1.890 1.810 7229 FAVCO 1.810 0.010 89.9 1.848 4.95 7.46 405.3 0.427 0.200 0.250 0.225 0149 FIBON 0.250 UNCH 20.6 0.225 10.12 2.88 24.5 1.830 1.010 1.200 1.170 3107 FIMACOR 1.200 0.030 44.4 1.198 13.90 10.42 294.3 0.482 0.154 0.230 0.205 9318 FITTERS 0.205 -0.025 1014.5 0.217 22.53 — 98.5 1.636 0.610 0.715 0.690 5197 FLBHD 0.690 0.010 118.8 0.702 — 21.01 73.7 1.010 0.280 0.535 0.495 5277 FPGROUP 0.495 UNCH 26588 0.516 16.84 2.42 268.4 0.685 0.305 — — 7197 GESHEN 0.360 — — — — — 28.8 0.515 0.180 0.295 0.280 5220 GLOTEC 0.295 0.015 230.9 0.288 — — 79.4 0.240 0.115 0.135 0.125 7192 GOODWAY 0.130 -0.010 300 0.131 — — 20.5 0.145 0.070 — — 7096 GPA 0.075 — — — 750 — 73.5 0.305 0.100 — — 5649 GPHAROS 0.115 — — — — 11.04 15.7 0.525 0.160 0.285 0.260 3247 GUH 0.270 0.020 344 0.270 15.00 — 75.0 10.080 6.700 7.920 7.630 3034 HAPSENG 7.800 UNCH 586.8 7.761 16.70 4.49 19,419.5 0.666 0.223 0.340 0.325 5095 HEVEA 0.325 -0.005 4810.4 0.332 13.00 13.54 184.5 0.862 0.475 0.515 0.500 5151 HEXTAR 0.505 -0.010 369.9 0.506 — 8.67 414.4 0.845 0.590 0.680 0.660 3298 HEXZA 0.675 0.005 72.5 0.670 16.58 7.41 135.3 0.288 0.090 0.120 0.115 5072 HIAPTEK 0.120 0.010 1966.1 0.118 13.48 4.17 161.3 1.260 0.900 — — 7033 HIGHTEC 0.900 — — — 9.79 3.89 36.6 0.610 0.440 — — 8443 HIL 0.560 — — — 8.70 3.13 187.1 0.810 0.340 0.415 0.405 5165 HOKHENG 0.415 0.015 66 0.407 — — 36.5 0.572 0.260 0.295 0.275 5291 HPMT 0.280 0.010 209 0.290 — 2.68 92.0 1.290 0.250 0.380 0.320 0185 HSSEB 0.325 0.025 3150.9 0.347 147.7 — 161.2 1.860 0.647 0.990 0.955 5000 HUMEIND 0.985 0.060 1449.9 0.978 — — 489.7 0.140 0.060 0.115 0.095 9601 HWGB 0.110 0.020 7812.5 0.107 — — 50.6 2.286 1.815 2.180 2.100 7222 IMASPRO 2.110 -0.100 1236.5 2.122 48.28 1.66 168.8 0.530 0.185 0.235 0.200 5673 IPMUDA 0.200 0.015 375 0.208 — — 14.5 0.160 0.040 0.055 0.050 7183 IQZAN 0.055 -0.005 202 0.050 1.81 — 10.2 1.250 0.800 — — 7043 JADEM 0.800 — — — — — 101.4 0.125 0.065 0.065 0.065 8648 JASKITA 0.065 UNCH 20 0.065 — — 29.2 1.560 1.160 1.230 1.160 0058 JCBNEXT 1.230 0.050 100 1.200 17.04 3.25 169.5 0.195 0.050 0.065 0.065 9083 JETSON 0.065 0.005 110.1 0.065 — — 13.8 0.200 0.085 0.120 0.115 0054 KARYON 0.120 0.005 279.5 0.120 8.11 3.75 57.1 0.597 0.270 — — 7199 KEINHIN 0.270 — — — 8.57 3.70 29.4 1.707 0.985 1.170 1.150 6491 KFIMA 1.150 0.030 43.5 1.152 9.93 7.83 324.6 1.430 0.590 0.785 0.745 0151 KGB 0.760 0.025 1800.4 0.766 9.55 2.37 236.7 0.300 0.110 — — 6211 KIALIM 0.130 — — — — — 8.1 1.250 0.700 0.785 0.740 5371 KIMHIN 0.740 -0.020 18.1 0.751 — — 115.2 0.010 0.005 — — 5060 KINSTEL 0.005 — — — 25.0 — 5.2 2.370 1.172 1.580 1.490 9466 KKB 1.490 0.020 913.2 1.526 7.95 2.68 384.1 0.850 0.430 — — 5035 KNUSFOR 0.490 — — — 2.92 — 48.8 2.040 1.230 1.380 1.380 6971 KOBAY 1.380 0.030 86.3 1.380 6.71 2.17 140.9 0.390 0.150 0.200 0.180 7017 KOMARK 0.190 0.005 15282.7 0.190 — — 39.1 1.269 0.265 0.370 0.340 5843 KPS 0.345 -0.005 1513.5 0.358 6.63 12.32 185.4 0.540 0.265 0.360 0.300 9121 KPSCB 0.340 -0.020 38 0.323 7.73 — 50.3 4.858 3.300 3.620 3.500 3476 KSENG 3.620 0.120 48.6 3.561 14.71 2.76 1,308.5 0.590 0.200 0.245 0.240 5192 KSSC 0.245 0.035 191 0.244 — 2.04 23.5 0.450 0.150 0.210 0.190 6874 KUB 0.190 UNCH 5307.7 0.200 6.11 5.26 105.7 0.400 0.180 0.200 0.195 8362 KYM 0.200 UNCH 6.5 0.195 — — 30.0 0.615 0.260 0.345 0.330 9326 LBALUM 0.340 0.010 274 0.342 5.50 4.41 84.5 4.024 0.975 1.250 1.160 5284 LCTITAN 1.170 -0.010 7909.4 1.215 6.05 5.98 2,700.1 0.551 0.200 0.275 0.250 5232 LEONFB 0.275 0.025 230.5 0.275 15.19 5.45 85.3 0.260 0.060 0.165 0.090 8745 LEWEKO 0.110 0.020 10.2 0.106 — — 35.4 0.300 0.090 0.150 0.120 7170 LFECORP 0.125 0.010 374.4 0.145 138.8 — 25.6 0.665 0.120 0.165 0.145 4235 LIONIND 0.145 UNCH 19664.5 0.154 — — 104.1 0.475 0.185 0.285 0.285 8486 LIONPSIM 0.285 -0.015 1 0.285 6.06 — 66.0 0.360 0.185 0.235 0.215 9881 LSTEEL 0.220 -0.005 112.9 0.218 — — 28.2 0.105 0.050 0.055 0.055 5068 LUSTER 0.055 UNCH 1660.2 0.055 11.46 — 114.2

* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share

MarketsB U R S A M A L A Y S I A M A I N M A R K E T

2 0 MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY



0.600 0.330 0.440 0.395 5143 LUXCHEM 0.415 0.020 1611.7 0.421 9.67 5.42 371.8 2.700 2.000 2.330 2.000 9199 LYSAGHT 2.330 -0.010 2.2 2.020 10.56 3.00 96.9 0.590 0.170 0.265 0.230 5098 MASTEEL 0.235 0.015 2525.4 0.242 — — 106.4 3.200 0.605 1.160 0.930 7029 MASTER 1.050 0.170 10160.4 1.068 3.65 3.33 57.4 1.490 0.920 1.020 0.980 5152 MBL 0.980 -0.040 113 0.997 5.09 4.59 105.3 0.750 0.300 0.380 0.300 7004 MCEHLDG 0.320 -0.105 57.5 0.325 — — 14.2 4.570 1.300 1.830 1.620 3794 MCEMENT 1.720 0.100 860.3 1.750 — — 1,461.5 0.385 0.090 0.140 0.125 3778 MELEWAR 0.135 0.015 3587.3 0.136 1.42 — 48.5 0.680 0.240 0.250 0.250 5223 MENTIGA 0.250 -0.050 10 0.250 5.67 — 17.5 1.738 1.080 — — 6149 METROD 1.080 — — — 23.43 5.56 129.6 0.360 0.180 0.230 0.210 5001 MIECO 0.230 0.015 312.6 0.220 74.19 — 120.8 0.130 0.050 0.125 0.105 7219 MINETEC 0.120 0.015 28616.3 0.119 — — 110.6 0.400 0.155 0.215 0.200 5576 MINHO 0.205 0.010 1093 0.208 27.70 5.61 69.8 0.998 0.440 0.535 0.520 5916 MSC 0.520 -0.010 192 0.528 6.19 3.85 208.0 0.085 0.015 0.025 0.020 0043 MTRONIC 0.020 UNCH 10477.6 0.020 — — 24.9 1.846 0.835 1.020 0.975 3883 MUDA 0.980 0.025 292.9 0.998 7.60 4.59 298.9 0.505 0.140 0.190 0.175 5087 MYCRON 0.180 0.005 103.3 0.185 — — 58.9 0.500 0.140 0.190 0.180 7241 NGGB 0.180 UNCH 2278.8 0.184 — — 95.7 0.230 0.065 0.175 0.140 5025 NWP 0.160 0.015 655.8 0.163 — — 69.0 0.697 0.330 0.445 0.410 4944 NYLEX 0.415 -0.020 152.4 0.425 — 4.82 80.7 0.825 0.380 0.550 0.505 7140 OKA 0.510 0.005 459.4 0.515 10.06 7.65 125.2 1.420 0.700 0.905 0.840 5065 ORNA 0.840 UNCH 681.5 0.876 4.72 3.57 63.2 0.075 0.035 0.040 0.040 7225 PA 0.040 UNCH 3727.3 0.040 16.00 — 89.8 0.690 0.421 0.630 0.615 8419 PANSAR 0.620 0.005 10503.5 0.624 27.93 1.61 286.4 0.572 0.250 0.330 0.290 5125 PANTECH 0.310 UNCH 2915.4 0.314 5.82 6.45 232.8 8.936 4.000 4.800 4.650 5183 PCHEM 4.750 0.100 5095.5 4.756 13.48 3.79 38,000 1.222 0.649 0.795 0.775 5271 PECCA 0.775 -0.005 132.3 0.779 8.80 8.39 145.7 4.778 2.820 3.190 3.130 5436 PERSTIM 3.190 0.050 12.7 3.169 9.65 9.40 316.8 1.530 0.600 0.920 0.880 5219 PESTECH 0.905 0.015 687.6 0.901 8.44 — 691.7 0.145 0.060 0.075 0.070 7201 PICORP 0.075 UNCH 320.2 0.070 25.86 6.67 49.4 1.650 0.720 1.100 0.990 7095 PIE 1.020 0.045 1465.6 1.045 10.71 2.35 391.7 0.310 0.110 0.135 0.110 7163 PJBUMI 0.110 -0.010 773 0.111 15.28 — 9.0 3.443 2.400 2.680 2.630 7172 PMBTECH 2.680 UNCH 76 2.671 19.16 0.75 562.2 5.216 2.740 3.130 2.980 8869 PMETAL 3.050 0.070 3958.8 3.075 26.02 1.64 12,316.2 0.530 0.360 0.485 0.425 6637 PNEPCB 0.435 -0.025 405.2 0.471 — — 57.2 0.475 0.200 — — 8117 POLY 0.200 — — — 13.42 — 32.0 1.400 0.325 0.490 0.430 8273 PPHB 0.455 0.030 5143.4 0.465 3.63 0.55 85.8 0.738 0.210 0.245 0.235 9873 PRESTAR 0.245 0.010 62.8 0.245 14.24 6.12 50.2 0.080 0.005 0.015 0.010 7123 PWORTH 0.010 -0.005 3954.6 0.011 — — 40.9 1.430 0.720 — — 7544 QUALITY 0.900 — — — — — 52.2 0.320 0.180 — — 7498 RALCO 0.220 — — — — — 10.2 0.350 0.170 0.210 0.200 7232 RESINTC 0.200 -0.005 34.9 0.203 4.87 12.50 27.4 0.200 0.085 0.105 0.105 9954 RGTBHD 0.105 UNCH 392 0.105 11.17 — 60.6 0.784 0.170 0.285 0.260 9741 ROHAS 0.260 0.005 3959.2 0.273 7.10 5.77 122.9 0.895 0.404 0.750 0.720 7803 RUBEREX 0.725 0.005 3785.8 0.737 16.11 2.76 182.8 3.980 2.700 — — 5134 SAB 2.800 — — — 15.84 1.79 383.4 8.640 4.200 5.400 5.100 9822 SAM 5.270 0.210 124.2 5.240 8.15 3.31 712.3 0.741 0.350 0.455 0.405 5147 SAMCHEM 0.405 -0.010 948.4 0.428 4.63 7.41 110.2 0.784 0.200 0.450 0.450 7811 SAPIND 0.450 0.010 16.4 0.450 7.49 11.11 32.7 0.455 0.100 0.165 0.145 5170 SCABLE 0.150 0.005 2063.1 0.157 — — 47.6 1.680 0.755 1.120 1.070 7247 SCGM 1.070 0.050 1252.8 1.093 — 1.64 207.2 3.490 0.530 1.790 1.620 9237 SCIB 1.780 0.230 899.6 1.716 50.57 — 152.9 1.280 0.480 0.720 0.675 0099 SCICOM 0.710 0.065 2109.5 0.699 11.75 7.04 252.4 9.765 5.960 7.310 7.040 4731 SCIENTX 7.300 0.280 917.2 7.189 9.76 2.74 3,765.9 0.360 0.065 0.105 0.090 7239 SCNWOLF 0.105 0.015 362.5 0.097 6.40 — 10.1 0.565 0.120 0.200 0.180 7073 SEACERA 0.190 0.015 21440 0.190 — — 91.5 0.750 0.320 0.400 0.400 5163 SEB 0.400 0.035 12 0.400 — — 32.0 0.460 0.375 0.415 0.395 5181 SIGGAS 0.405 0.015 144.6 0.401 — 1.23 75.9 0.680 0.450 — — 7115 SKBSHUT 0.450 — — — 7.23 — 18.0 1.590 0.660 0.820 0.765 7155 SKPRES 0.765 0.025 3242.2 0.782 10.85 5.02 956.4 1.373 0.690 0.725 0.700 7248 SLP 0.715 0.010 112.3 0.716 10.69 7.69 226.6 0.490 0.250 0.400 0.250 7132 SMISCOR 0.400 0.090 11.7 0.287 18.52 — 17.9 1.220 0.330 0.415 0.400 5665 SSTEEL 0.405 0.025 259.4 0.406 — — 241.5 0.905 0.380 0.460 0.460 6904 SUBUR 0.460 UNCH 4 0.460 — — 96.1 1.100 0.400 0.500 0.465 7207 SUCCESS 0.475 0.030 991.4 0.484 6.69 5.68 118.6 1.805 1.207 1.620 1.550 5211 SUNWAY 1.560 -0.020 5075.5 1.589 10.82 4.79 7,696.9 1.069 0.388 0.520 0.500 7235 SUPERLN 0.505 0.005 1355.1 0.508 8.92 6.18 80.8 6.800 4.100 5.500 5.100 4448 TASEK 5.400 0.300 19 5.377 — — 667.6 0.235 0.030 0.045 0.040 7097 TAWIN 0.040 0.005 1557.8 0.040 — — 14.3 0.898 0.480 0.600 0.550 5289 TECHBND 0.580 -0.020 219.1 0.579 15.06 — 133.4 0.700 0.195 0.245 0.245 8702 TEXCHEM 0.245 0.015 5 0.245 — 40.82 30.4 4.320 1.950 2.850 2.610 7034 TGUAN 2.700 0.010 930.7 2.705 6.77 2.96 502.2 1.399 0.760 0.820 0.800 7374 TIENWAH 0.800 0.010 154 0.803 — 6.88 115.8 0.680 0.460 0.520 0.520 7854 TIMWELL 0.520 UNCH 1 0.520 9.68 3.85 46.3 0.575 0.300 0.355 0.345 7285 TOMYPAK 0.350 0.005 669.4 0.349 — 0.86 147.1 3.509 1.230 1.490 1.380 5010 TONGHER 1.400 0.050 21 1.428 10.94 14.29 220.4 0.841 0.580 0.600 0.600 7173 TOYOINK 0.600 UNCH 4.8 0.600 9.57 5.00 64.2 0.800 0.530 — — 5167 TURBO 0.640 — — — 22.70 3.13 69.1 2.820 1.700 2.000 1.910 7100 UCHITEC 1.920 0.010 1376.4 1.952 11.35 7.55 866.3 0.800 0.230 0.300 0.285 7133 ULICORP 0.300 0.015 189.6 0.291 — — 65.3 1.993 1.430 1.660 1.600 7137 UMS 1.660 UNCH 8.7 1.603 16.27 3.61 67.5 0.960 0.690 — — 7227 UMSNGB 0.900 — — — 17.54 3.33 72.0 1.427 0.910 1.000 0.990 7091 UNIMECH 1.000 0.010 9 0.997 6.82 4.80 158.8 0.400 0.180 — — 4995 VERSATL 0.205 — — — — — 58.2 1.509 0.600 0.790 0.740 6963 VS 0.750 0.025 28352 0.770 8.08 4.53 1,398.0 0.810 0.365 0.500 0.400 7226 WATTA 0.500 -0.005 38.3 0.419 21.93 — 42.2 1.235 0.550 0.770 0.735 7231 WELLCAL 0.750 0.015 644 0.747 10.25 7.60 373.5 0.700 0.430 0.530 0.530 7692 WIDETEC 0.530 -0.020 1 0.530 18.73 — 23.7 0.650 0.280 — — 7050 WONG 0.390 — — — 7.96 3.85 44.7 0.810 0.490 — — 7025 WOODLAN 0.490 — — — — — 19.6 1.200 0.720 0.800 0.720 5009 WTHORSE 0.775 -0.005 32.8 0.738 — — 186.0 0.681 0.200 0.265 0.245 4243 WTK 0.250 UNCH 2374.4 0.254 — 6.00 120.3 0.325 0.050 0.115 0.105 7245 WZSATU 0.105 UNCH 617.3 0.107 — — 53.7 0.650 0.405 — — 5048 YILAI 0.405 — — — — — 59.0 0.170 0.060 0.080 0.070 7020 YKGI 0.075 UNCH 369.3 0.075 7.73 — 26.3 0.315 0.150 0.190 0.170 7014 YLI 0.190 0.020 46.1 0.171 — — 19.6CONSTRUCTION 0.473 0.210 0.275 0.260 5281 ADVCON 0.265 0.005 329.5 0.266 9.85 2.26 107.0 0.170 0.050 0.075 0.070 7145 AGES 0.070 0.005 7051.4 0.070 2.31 — 35.1 2.050 1.010 1.270 1.220 5293 AME 1.230 UNCH 821.6 1.241 6.77 — 525.4 0.575 0.115 0.170 0.150 7078 AZRB 0.150 UNCH 3052.5 0.161 — 5.93 89.7 0.230 0.045 0.060 0.055 5190 BENALEC 0.055 -0.005 1744.7 0.058 — — 47.4 0.197 0.030 0.045 0.035 5932 BPURI 0.035 -0.010 3103.6 0.041 43.75 — 26.7 0.800 0.520 0.560 0.555 8761 BREM 0.555 0.010 504 0.560 5.26 7.21 191.7 1.118 0.555 0.695 0.645 8591 CRESBLD 0.685 -0.015 8.4 0.661 5.96 6.57 121.2 1.900 1.380 1.530 1.410 7528 DKLS 1.460 -0.050 64 1.430 23.25 2.05 135.3 0.874 0.300 0.430 0.385 5253 ECONBHD 0.405 0.035 12116.2 0.405 8.67 1.23 541.7 1.027 0.285 0.415 0.375 8877 EKOVEST 0.380 0.010 82606.9 0.396 6.48 2.63 1,008.8 0.499 0.140 0.240 0.215 7047 FAJAR 0.220 0.010 3485.1 0.227 3.07 6.82 82.3 0.941 0.225 0.360 0.310 9261 GADANG 0.315 0.010 15364.5 0.335 5.89 3.81 229.3 4.237 2.360 3.030 2.850 5398 GAMUDA 2.970 0.160 7519.7 2.973 10.34 4.04 7,464.5 1.514 0.595 0.880 0.750 5226 GBGAQRS 0.765 0.020 4365.2 0.827 9.72 1.96 378.4 1.339 0.430 0.585 0.540 3204 GKENT 0.550 0.010 7056.5 0.565 5.45 — 309.8 0.695 0.240 0.325 0.305 5169 HOHUP 0.315 0.020 1337.1 0.314 2.36 — 129.9 1.477 0.960 1.030 1.000 6238 HSL 1.010 UNCH 104.5 1.011 10.05 2.38 588.5 2.475 1.150 1.630 1.500 3336 IJM 1.500 -0.070 6048.5 1.583 12.89 2.67 5,458.9 0.290 0.010 0.025 0.015 5268 IKHMAS 0.020 0.005 5299.8 0.020 — — 11.8 0.610 0.270 0.340 0.310 8834 IREKA 0.320 UNCH 92.7 0.319 — — 59.7 1.570 0.620 0.790 0.725 4723 JAKS 0.730 0.010 59268.5 0.757 3.97 — 475.3 1.466 0.785 0.910 0.900 7161 KERJAYA 0.900 0.015 197.6 0.903 7.92 3.89 1,117.8 1.460 0.510 0.600 0.535 5171 KIMLUN 0.535 -0.025 2211.1 0.579 3.07 6.92 181.8 1.110 0.720 1.010 0.720 9628 LEBTECH 1.010 0.030 4.2 0.950 — — 137.8 0.504 0.295 — — 5129 MELATI 0.350 — — — 16.59 2.86 42.0 0.830 0.420 0.600 0.600 8192 MERCURY 0.600 UNCH 5 0.600 — — 24.1 0.815 0.330 — — 7595 MGB 0.460 — — — 17.04 — 230.8 0.422 0.150 0.170 0.155 9571 MITRA 0.160 0.005 1460.9 0.161 — 9.38 143.4 0.250 0.065 0.070 0.070 5924 MTDACPI 0.070 -0.005 20 0.070 — — 16.2 0.555 0.145 0.230 0.215 5085 MUDAJYA 0.215 0.005 5592.6 0.222 — — 130.2 2.894 0.735 0.830 0.765 5703 MUHIBAH 0.770 -0.015 7441.4 0.803 9.80 9.74 373.6 0.370 0.185 0.225 0.220 7071 OCR 0.220 -0.010 1743.5 0.222 7.91 — 73.6 0.900 0.650 — — 5622 PEB 0.700 — — — — — 48.4 0.255 0.130 0.175 0.170 8311 PESONA 0.170 -0.005 461.4 0.173 9.94 5.88 118.1 0.425 0.110 0.185 0.170 5070 PRTASCO 0.180 0.020 1472.2 0.175 14.88 6.67 89.2 3.303 1.800 2.500 2.360 9598 PTARAS 2.500 0.100 54.4 2.397 8.18 8.00 414.7 0.415 0.090 0.165 0.140 6807 PUNCAK 0.155 0.045 19949.8 0.151 — 3.23 69.6 0.555 0.140 0.185 0.165 5205 SENDAI 0.170 UNCH 3085.7 0.176 9.66 — 132.8 1.810 0.750 — — 5006 STELLA 0.810 — — — — — 54.3 2.110 1.250 1.650 1.540 5263 SUNCON 1.550 0.050 2385.9 1.557 15.47 4.52 2,004.0 0.285 0.180 0.235 0.210 9717 SYCAL 0.215 0.010 1477.8 0.220 16.29 — 89.5 0.741 0.200 0.280 0.255 5054 TRC 0.265 0.005 640.7 0.270 6.42 7.17 127.3 0.595 0.180 0.230 0.230 5042 TSRCAP 0.230 -0.020 3 0.230 — — 40.1 1.350 0.360 — — 0301 UNIWALL 1.350 — — — 50.00 0.31 493.7 1.170 0.215 0.355 0.285 7070 VIZIONE 0.310 -0.005 4876.7 0.324 3.92 — 191.7 0.601 0.145 0.195 0.180 3565 WCEHB 0.180 UNCH 4958.4 0.186 — — 233.4 1.220 0.245 0.440 0.385 9679 WCT 0.390 0.015 12351.2 0.413 6.16 — 553.1 0.700 0.225 0.385 0.350 7028 ZECON 0.355 0.010 397.5 0.367 1.81 — 51.2 0.110 0.030 0.045 0.040 2283 ZELAN 0.045 UNCH 267.7 0.042 14.06 — 38.0HEALTH CARE 0.970 0.280 0.420 0.380 7191 ADVENTA 0.410 0.040 1142.6 0.406 2.83 — 62.6 2.500 1.770 2.060 2.000 7090 AHEALTH 2.050 0.040 225.4 2.038 18.29 1.80 968.3 1.780 1.050 1.350 1.300 7148 DPHARMA 1.330 0.030 768.5 1.331 16.18 3.76 910.2 7.000 4.495 7.000 6.880 5168 HARTA 6.990 0.210 9723.1 6.958 57.25 1.06 23,638.2 5.940 4.550 5.370 5.210 5225 IHH 5.300 -0.080 4791.6 5.299 100.19 0.75 46,502.1 5.430 3.517 5.030 4.890 7153 KOSSAN 4.960 0.100 5310 4.975 28.23 1.21 6,343.5 2.330 1.555 1.890 1.820 0002 KOTRA 1.890 0.040 73.8 1.842 10.26 4.71 274.6 1.035 0.720 0.935 0.910 5878 KPJ 0.915 0.005 2936.9 0.924 18.26 2.19 4,064.3 2.845 0.910 1.280 1.210 7081 PHARMA 1.210 0.040 1795.9 1.235 — 12.81 316.1 0.135 0.050 — — 0302 SMILE 0.075 — — — 22.73 1.60 75.1 1.930 1.281 1.690 1.610 7106 SUPERMX 1.690 0.120 16761.7 1.665 21.53 2.11 2,298.9 0.820 0.365 0.425 0.395 0101 TMCLIFE 0.410 0.010 895.1 0.409 24.55 0.49 714.2 6.690 4.172 6.490 6.240 7113 TOPGLOV 6.320 0.120 10043.1 6.339 42.99 1.19 16,197.1 0.545 0.426 — — 0301 TOPVISN 0.545 — — — 82.58 — 139.3 2.799 1.450 1.820 1.700 7178 YSPSAH 1.780 0.080 182.6 1.781 10.77 3.93 248.7FINANCIAL SERVICES 3.971 1.480 1.920 1.860 2488 ABMB 1.910 0.060 5015.8 1.901 6.72 7.43 2,956.9 16.602 7.700 8.560 8.450 5139 AEONCR 8.480 0.170 428.1 8.516 7.92 5.26 2,150.7 2.240 1.250 1.440 1.420 5185 AFFIN 1.420 0.010 255.5 1.425 5.77 3.52 2,820.1 16.313 11.400 13.100 12.480 1163 ALLIANZ 12.780 0.100 37.9 12.832 6.27 3.99 2,260.6 4.344 2.820 2.980 2.900 1015 AMBANK 2.930 0.030 5901.5 2.933 5.68 7.17 8,831.6

1.039 0.640 0.710 0.710 5088 APEX 0.710 UNCH 7 0.710 23.83 2.82 151.6 4.581 2.790 3.100 2.950 5258 BIMB 2.990 0.060 429.3 3.033 6.68 5.35 5,360.1 6.872 4.320 5.340 4.790 1818 BURSA 4.950 0.170 4445.9 5.104 21.58 4.20 4,002.1 5.238 3.090 3.630 3.550 1023 CIMB 3.570 0.070 23909 3.589 7.60 7.28 35,425.0 0.320 0.140 — — 2143 ECM 0.255 — — — — — 122.4 1.728 1.090 1.220 1.160 5228 ELKDESA 1.170 0.040 383.7 1.183 9.42 5.98 347.7 19.882 11.700 14.380 13.900 5819 HLBANK 14.200 UNCH 960.2 14.218 10.92 3.52 30,781.6 10.100 7.327 — — 5274 HLCAP 9.380 — — — 31.19 2.35 2,315.9 18.963 9.750 13.860 12.980 1082 HLFG 13.600 0.560 137.5 13.563 8.05 3.09 15,606.2 0.910 0.350 0.490 0.470 3379 INSAS 0.480 0.010 2210.8 0.480 3.33 7.29 332.8 0.115 0.030 0.045 0.035 3441 JOHAN 0.040 UNCH 691.8 0.040 — — 24.9 0.620 0.355 0.420 0.395 6483 KENANGA 0.410 0.005 639.1 0.408 10.88 7.93 296.3 2.125 0.880 1.050 1.000 2186 KUCHAI 1.050 0.105 101.1 1.037 21.60 1.33 129.9 15.536 9.900 11.680 11.200 8621 LPI 11.520 0.480 198 11.539 14.24 6.08 4,589.4 1.003 0.530 0.590 0.590 1198 MAA 0.590 UNCH 13 0.590 — 15.25 161.3 2.850 1.700 1.770 1.770 1058 MANULFE 1.770 0.010 1 1.770 13.71 3.95 358.2 8.819 7.000 7.420 7.320 1155 MAYBANK 7.370 0.100 15860 7.386 10.04 7.73 82,848.8 0.964 0.460 0.560 0.540 1171 MBSB 0.555 0.020 7519.1 0.550 5.02 9.01 3,725.9 1.159 0.465 0.580 0.545 6459 MNRB 0.550 0.020 1439.9 0.556 2.76 4.55 430.7 1.190 0.490 0.600 0.580 5237 MPHBCAP 0.585 0.005 541.1 0.588 12.21 — 418.3 0.944 0.800 0.870 0.850 6009 P&O 0.860 -0.005 191.3 0.860 — 5.19 246.9 22.894 12.580 16.360 15.720 1295 PBBANK 15.900 0.360 6194.2 15.997 11.21 4.59 61,726.0 1.840 1.220 1.500 1.450 9296 RCECAP 1.480 0.030 437.1 1.486 4.83 6.76 551.9 5.980 4.230 5.040 4.920 1066 RHBBANK 4.970 0.020 5023.8 4.989 8.03 5.13 19,929.9 0.665 0.335 0.435 0.415 4898 TA 0.415 -0.010 1214 0.422 4.85 2.41 710.4 6.936 2.930 3.650 3.470 6139 TAKAFUL 3.490 -0.040 3528.2 3.528 7.90 5.73 2,885.5 0.765 0.200 0.270 0.250 5230 TUNEPRO 0.260 0.005 7811.5 0.260 3.86 11.54 195.5PROPERTY 0.335 0.170 — — 7131 ACME 0.180 — — — 5.81 — 44.8 0.549 0.260 0.305 0.300 1007 AMPROP 0.300 0.005 135.5 0.303 8.88 10.00 219.9 1.280 0.990 1.200 1.200 5959 AMVERTON 1.200 UNCH 36 1.200 85.71 — 438.1 0.400 0.115 0.125 0.125 7007 ARK 0.125 UNCH 5 0.125 — — 7.9 0.170 0.055 0.085 0.080 4057 ASIAPAC 0.080 -0.005 1091.2 0.083 1.92 — 83.0 6.210 3.800 5.300 5.150 2305 AYER 5.150 0.050 4.5 5.168 28.97 0.97 385.5 0.395 0.190 0.280 0.230 6602 BCB 0.235 0.005 187.2 0.236 1.98 — 96.9 0.455 0.190 0.240 0.230 6173 BDB 0.230 UNCH 72 0.232 13.77 — 69.9 0.285 0.110 — — 9814 BERTAM 0.180 — — — — — 37.2 0.320 0.245 0.290 0.280 3239 BJASSET 0.290 UNCH 2535 0.287 — — 741.9 1.580 0.800 — — 5738 CHHB 1.050 — — — — — 289.5 1.369 0.770 0.840 0.835 6718 CRESNDO 0.835 0.005 35 0.838 7.27 7.19 234.2 1.523 0.920 1.050 1.050 5049 CVIEW 1.050 UNCH 3 1.050 4.22 2.86 105.0 0.555 0.150 0.225 0.200 3484 DBHD 0.205 0.010 2086.5 0.213 2.72 — 65.3 0.095 0.035 0.045 0.040 7198 DPS 0.045 UNCH 302 0.040 2.14 — 26.4 0.885 0.300 0.395 0.375 3417 E&O 0.380 0.015 2186.1 0.385 10.70 7.89 553.6 0.390 0.290 0.355 0.345 3557 ECOFIRS 0.355 0.010 900.1 0.353 12.03 — 287.1 0.970 0.295 0.440 0.410 8206 ECOWLD 0.415 0.020 24559 0.424 5.91 — 1,221.9 0.400 0.205 — — 6076 ENCORP 0.280 — — — — — 85.8 1.520 0.882 — — 8613 ENRA 1.200 — — — — 2.50 163.4 0.747 0.380 0.450 0.430 6815 EUPE 0.450 0.010 20.1 0.430 1.51 3.33 57.6 0.735 0.185 0.220 0.205 7249 EWEIN 0.210 0.005 3378.8 0.215 1.51 2.38 63.3 1.140 0.310 0.435 0.385 5283 EWINT 0.390 -0.045 15228.6 0.409 5.52 — 936.0 0.370 0.180 0.180 0.180 6041 FARLIM 0.180 -0.025 58 0.180 — — 30.3 0.384 0.240 0.300 0.290 5020 GLOMAC 0.300 0.005 544.7 0.295 7.21 2.67 240.0 0.350 0.170 0.230 0.230 9962 GMUTUAL 0.230 -0.020 10 0.230 7.54 2.17 86.4 0.290 0.135 0.175 0.165 1147 GOB 0.175 0.005 135 0.170 — — 79.6 0.776 0.370 0.465 0.450 1503 GUOCO 0.465 0.035 67.7 0.457 — 4.30 325.7 1.300 1.190 1.230 1.210 7105 HCK 1.230 0.010 695.7 1.217 75.00 — 521.5 0.640 0.345 0.395 0.395 7010 HOOVER 0.395 0.050 100 0.395 — — 15.8 0.465 0.145 0.220 0.195 5062 HUAYANG 0.195 0.005 779.3 0.201 — — 68.6 0.387 0.095 0.140 0.130 4251 IBHD 0.135 0.005 1890 0.135 5.58 12.96 150.7 0.720 0.305 0.570 0.570 5084 IBRACO 0.570 0.070 1 0.570 8.27 3.07 283.0 1.900 0.900 1.000 0.900 9687 IDEAL 0.955 -0.040 607.1 0.951 4.56 — 444.1 4.060 2.400 2.570 2.530 5606 IGBB 2.550 0.020 250.2 2.545 8.35 0.39 2,265.7 1.393 0.825 0.940 0.905 5249 IOIPG 0.925 0.005 1536.5 0.929 7.59 3.24 5,093.2 0.220 0.120 0.130 0.120 5175 IVORY 0.120 -0.005 2623.5 0.126 15.19 20.83 58.8 1.313 0.275 0.435 0.390 1589 IWCITY 0.395 0.010 26833.8 0.411 — — 330.8 0.380 0.285 0.310 0.310 8923 JIANKUN 0.310 -0.005 13.5 0.310 12.02 — 51.7 0.090 0.045 0.060 0.050 6769 JKGLAND 0.060 0.005 25 0.051 11.76 1.67 136.5 0.669 0.350 — — 7323 KEN 0.400 — — — 31.75 3.75 76.7 1.100 0.400 0.450 0.425 7077 KPPROP 0.435 0.010 180.6 0.438 7.36 — 87.1 0.940 0.405 0.475 0.435 5038 KSL 0.435 UNCH 2259.5 0.455 1.79 — 451.3 0.154 0.050 0.080 0.070 3174 L&G 0.075 UNCH 4393.1 0.075 6.41 13.33 223.0 0.784 0.345 0.400 0.390 8494 LBICAP 0.390 0.020 15 0.397 5.57 12.82 39.6 0.626 0.310 0.390 0.375 5789 LBS 0.380 0.005 2643.3 0.382 6.16 4.74 595.5 0.300 0.175 — — 3573 LIENHOE 0.210 — — — — — 76.0 1.250 0.720 — — 7617 MAGNA 0.845 — — — — — 283.0 0.921 0.305 0.430 0.400 8583 MAHSING 0.405 0.020 11316 0.420 9.02 11.11 983.2 0.674 0.235 0.355 0.330 6181 MALTON 0.330 0.005 1979.4 0.339 5.94 4.55 174.3 1.923 1.217 1.600 1.550 5236 MATRIX 1.570 0.040 620 1.562 5.11 7.64 1,309.7 1.697 1.110 1.360 1.350 7189 MBWORLD 1.350 -0.010 2.1 1.351 3.89 6.00 212.5 0.565 0.070 0.115 0.105 5182 MCT 0.110 0.010 22104 0.109 3.78 — 160.3 0.400 0.200 0.275 0.250 1694 MENANG 0.250 0.015 7.4 0.255 — — 120.2 0.350 0.040 0.055 0.050 5040 MERIDIAN 0.050 UNCH 3468.8 0.050 — — 29.5 0.415 0.180 0.290 0.290 8141 MJPERAK 0.290 -0.010 2 0.290 — — 82.0 1.860 0.810 0.940 0.900 6114 MKH 0.930 0.035 368.9 0.927 6.51 4.30 545.5 0.200 0.050 0.085 0.080 8893 MKLAND 0.080 UNCH 3486.5 0.080 19.51 — 96.6 0.165 0.055 0.055 0.055 6548 MPCORP 0.055 UNCH 10 0.055 — — 15.8 1.125 0.280 0.425 0.380 1651 MRCB 0.395 0.025 19261 0.405 73.15 2.53 1,742.8 0.540 0.240 — — 9539 MUH 0.310 — — — — — 17.5 0.255 0.145 0.210 0.190 3913 MUIPROP 0.210 0.010 2558.3 0.204 10.14 — 160.5 1.410 0.335 0.575 0.520 5073 NAIM 0.530 0.050 43043.5 0.551 4.71 — 272.3 2.150 1.580 1.660 1.600 5827 OIB 1.660 0.060 30.1 1.628 5.81 4.82 257.1 1.050 0.640 0.740 0.715 5053 OSK 0.715 0.005 715.1 0.726 3.60 6.99 1,498.1 1.277 0.630 0.700 0.670 1724 PARAMON 0.675 0.005 948.2 0.683 4.72 9.32 414.7 0.420 0.150 0.165 0.160 6912 PASDEC 0.160 -0.005 30.8 0.165 — — 64.1 1.080 0.750 — — 3611 PGLOBE 0.775 — — — 67.9 — 144.7 0.015 0.005 0.005 0.005 4464 PHB 0.005 UNCH 571 0.005 — — 50.0 1.600 0.980 1.300 1.280 7055 PLB 1.300 0.040 7 1.291 17.11 — 146.1 1.493 0.735 0.910 0.860 5075 PLENITU 0.880 0.030 76 0.894 10.68 5.11 335.7 6.170 5.300 5.950 5.810 7765 RAPID 5.860 -0.030 673.2 5.889 126.84 — 626.4 0.720 0.345 0.395 0.360 4596 SAPRES 0.390 0.040 164.2 0.371 — — 54.4 0.498 0.180 0.295 0.270 5207 SBCCORP 0.295 0.055 220.1 0.279 4.19 3.39 76.1 0.695 0.325 0.420 0.390 2224 SDRED 0.390 -0.020 37.6 0.396 7.37 5.13 166.2 0.365 0.120 0.210 0.210 4286 SEAL 0.210 0.020 3.2 0.210 6.27 — 51.0 2.810 1.750 2.000 2.000 6017 SHL 2.000 UNCH 1.5 2.000 11.03 7.50 484.2 1.166 0.475 0.640 0.595 5288 SIMEPROP 0.620 0.040 9216.7 0.624 7.05 6.45 4,216.5 0.190 0.070 0.085 0.070 4375 SMI 0.080 0.005 314.9 0.082 — — 16.8 0.410 0.090 0.130 0.115 5213 SNTORIA 0.115 -0.005 194.1 0.119 — — 65.2 2.288 0.550 0.835 0.745 8664 SPSETIA 0.805 0.070 7561 0.803 10.63 1.24 3,254.2 0.920 0.370 0.400 0.400 3743 SUNSURIA 0.400 UNCH 2 0.400 2.38 — 358.4 0.465 0.250 0.295 0.285 1538 SYMLIFE 0.295 0.005 2492.6 0.292 1.47 3.39 177.2 0.330 0.120 0.185 0.165 4022 TADMAX 0.165 0.010 1335.1 0.172 5.17 — 129.3 0.275 0.180 0.210 0.200 5158 TAGB 0.210 0.010 5178.1 0.207 9.68 7.62 1,117.6 0.055 0.010 0.020 0.015 2259 TALAMT 0.015 UNCH 2729 0.016 2.50 — 64.4 0.783 0.360 0.470 0.450 5191 TAMBUN 0.450 0.015 1047.5 0.459 4.01 5.44 195.1 0.080 0.020 0.030 0.030 2429 TANCO 0.030 0.005 70 0.030 — — 24.9 0.480 0.140 0.180 0.160 7889 THRIVEN 0.165 0.010 5231.1 0.171 5.08 — 90.2 0.135 0.030 0.055 0.050 7079 TIGER 0.055 0.005 10790.3 0.055 — — 80.6 0.320 0.240 0.265 0.255 5239 TITIJYA 0.260 0.005 137.4 0.258 20.97 0.58 351.5 0.940 0.720 0.840 0.805 5401 TROP 0.820 0.020 384.7 0.813 3.54 3.29 1,205.7 1.020 0.275 0.420 0.385 5148 UEMS 0.385 0.015 10111.9 0.403 7.81 — 1,746.9 2.350 1.380 1.580 1.510 5200 UOADEV 1.560 0.060 348.8 1.561 7.41 8.97 3,068.8 0.150 0.035 0.050 0.040 6378 WMG 0.040 -0.010 120.2 0.042 — — 17.0 0.995 0.650 0.710 0.700 7003 Y&G 0.710 0.010 9.4 0.705 35.86 — 155.1 2.800 1.110 2.720 2.600 3158 YNHPROP 2.620 -0.090 371.4 2.642 33.04 — 1,386.0 0.415 0.035 0.050 0.040 7066 YONGTAI 0.045 UNCH 9469.7 0.045 — — 42.9TRANSPORTATION & LOGISTICS 8.837 3.920 4.570 4.400 5014 AIRPORT 4.400 UNCH 2892.8 4.447 15.22 3.18 7,300.4 1.400 0.750 0.845 0.800 8133 BHIC 0.845 UNCH 11.2 0.808 — 4.14 209.9 4.954 3.253 — — 5032 BIPORT 3.830 — — — 13.63 3.66 1,761.8 0.365 0.235 0.285 0.270 7187 CHGP 0.285 0.015 56 0.276 30.65 — 84.8 0.470 0.205 0.260 0.235 7117 CJCEN 0.245 0.010 393 0.244 — 3.06 96.6 0.930 0.390 0.480 0.450 5136 COMPLET 0.480 0.010 143.6 0.456 7.25 — 61.0 0.525 0.200 0.260 0.250 5259 EATECH 0.250 UNCH 380 0.252 3.46 — 132.6 0.660 0.380 0.500 0.420 7210 FREIGHT 0.450 0.045 257.9 0.448 9.83 7.78 125.7 0.370 0.115 0.155 0.150 0078 GDEX 0.150 0.005 4195.8 0.153 32.61 1.67 846.2 0.655 0.255 0.310 0.295 7676 GUNUNG 0.310 0.020 1268.8 0.303 — — 74.7 0.738 0.420 0.470 0.450 2062 HARBOUR 0.470 UNCH 214 0.465 7.32 3.72 188.2 0.065 0.030 0.040 0.035 7013 HUBLINE 0.040 UNCH 22492 0.040 22.22 — 152.8 0.480 0.220 — — 5614 ILB 0.300 — — — 3.40 — 58.5 4.765 3.300 3.870 3.800 6645 LITRAK 3.800 UNCH 28.8 3.851 7.55 6.58 2,019.1 0.110 0.040 0.045 0.045 5078 M&G 0.045 -0.010 75 0.045 — — 32.6 0.785 0.180 0.265 0.245 5077 MAYBULK 0.255 0.010 2213.2 0.259 — — 255.0 9.239 6.090 7.580 7.470 3816 MISC 7.500 -0.030 2641.7 7.512 23.44 4.00 33,478 1.250 0.450 0.675 0.600 2194 MMCCORP 0.600 -0.040 4971.1 0.642 7.14 6.67 1,827.0 0.360 0.040 — — 9806 NATWIDE 0.070 — — — — — 8.6 0.045 0.010 0.015 0.010 6254 PDZ 0.015 UNCH 6716 0.010 — — 10.2 1.953 0.520 0.735 0.680 4634 POS 0.680 0.025 4787.8 0.706 — 5.88 532.3 0.595 0.090 — — 8346 PRKCORP 0.105 — — — 0.43 — 10.5 0.740 0.125 0.190 0.175 5145 SEALINK 0.180 0.005 2843.9 0.183 — — 90.0 1.000 0.795 — — 7053 SEEHUP 0.840 — — — — 3.75 67.6 1.420 0.820 0.890 0.880 6521 SURIA 0.880 UNCH 427.1 0.882 5.83 2.84 304.3 0.330 0.115 0.135 0.135 5173 SYSCORP 0.135 UNCH 528 0.135 — — 162.0 0.460 0.140 0.170 0.165 5149 TAS 0.170 0.010 253.7 0.168 23.29 — 30.6 1.692 0.650 0.750 0.720 5140 TASCO 0.750 0.015 190.8 0.738 13.16 6.67 150.0 0.610 0.260 0.360 0.345 8397 TNLOGIS 0.345 -0.005 177 0.350 — — 159.0 0.655 0.430 — — 7218 TOCEAN 0.455 — — — — — 18.7 4.457 2.970 3.370 3.230 5246 WPRTS 3.300 0.080 4642.1 3.328 19.04 3.94 11,253 0.832 0.243 0.400 0.380 5267 XINHWA 0.380 -0.005 2044.5 0.386 23.60 — 82.1PLANTATION 0.235 0.050 0.085 0.080 7054 AASIA 0.080 UNCH 381.8 0.083 — — 52.8 17.300 11.000 12.500 12.000 1899 BKAWAN 12.040 0.040 35.9 12.052 14.42 4.98 5,341.7 7.000 5.000 — — 5069 BLDPLNT 5.000 — — — — — 467.5 0.824 0.200 0.290 0.260 5254 BPLANT 0.275 0.020 3610.9 0.280 — 20.00 616.0 0.740 0.285 0.370 0.340 8982 CEPAT 0.355 0.015 238 0.356 236.6 4.23 113.0 7.068 4.800 5.390 5.100 1929 CHINTEK 5.390 0.290 4 5.143 16.06 2.97 492.4 0.499 0.275 0.315 0.305 3948 DUTALND 0.315 0.010 1106.5 0.310 — — 266.5 2.827 2.200 — — 5029 FAREAST 2.200 — — — 16.30 1.36 1,306.4 1.590 0.715 0.920 0.865 5222 FGV 0.875 0.020 15890 0.893 — — 3,192.1

MarketsB U R S A M A L A Y S I A M A I N M A R K E T


2 1

MONDAY MARCH 30, 2020 • THEED G E FINANCIAL DAILY



11.140 7.990 9.720 8.900 2291 GENP 9.560 0.320 515 9.565 57.63 1.23 8,578.7 0.520 0.300 0.330 0.320 7382 GLBHD 0.320 -0.010 32.7 0.324 — — 71.3 0.714 0.530 0.680 0.580 2135 GOPENG 0.680 -0.020 1.8 0.621 62.39 3.68 182.9 0.800 0.330 0.400 0.350 7501 HARNLEN 0.350 -0.050 17 0.379 — — 64.9 2.113 1.250 1.360 1.330 5138 HSPLANT 1.360 0.030 69.1 1.339 34.61 1.84 1,088.0 2.480 1.010 1.330 1.280 2216 IJMPLNT 1.330 0.060 155.2 1.319 44.04 1.50 1,171.2 0.645 0.500 — — 2607 INCKEN 0.500 — — — — 2.12 210.4 0.995 0.400 0.505 0.470 6262 INNO 0.500 0.030 223 0.495 17.54 2.00 239.4 4.774 3.410 4.010 3.760 1961 IOICORP 3.900 0.100 3716.7 3.914 37.43 2.18 24,511.7 1.120 0.270 0.390 0.355 4383 JTIASA 0.355 0.005 10812.9 0.372 — — 345.7 25.204 17.400 21.000 19.980 2445 KLK 20.580 0.080 887 20.400 41.05 2.43 22,247.3 3.650 2.620 2.720 2.720 2453 KLUANG 2.720 0.020 2 2.720 — 0.37 171.8 1.640 0.895 0.995 0.985 5027 KMLOONG 0.985 0.020 82.7 0.989 21.94 6.09 921.4 0.475 0.290 0.330 0.305 1996 KRETAM 0.315 0.010 206 0.317 — — 733.2 0.900 0.460 0.560 0.530 6572 KWANTAS 0.550 -0.040 25.1 0.533 — — 171.4 0.880 0.480 — — 4936 MALPAC 0.480 — — — 800 20.83 36.0 0.770 0.270 0.355 0.340 5026 MHC 0.340 0.020 265 0.345 26.36 4.41 66.8 2.000 1.680 — — 5047 NPC 1.920 — — — — — 230.4 3.650 2.230 2.400 2.400 2038 NSOP 2.400 UNCH 0.9 2.400 — 2.08 168.5 0.545 0.140 0.200 0.175 1902 PINEPAC 0.185 0.005 379.9 0.190 0.35 — 27.7 1.310 0.350 0.500 0.480 9695 PLS 0.480 -0.020 25.5 0.497 — — 168.3 0.465 0.115 0.180 0.165 5113 RSAWIT 0.165 0.010 19985 0.170 — — 234.1 3.039 2.250 — — 2542 RVIEW 2.250 — — — 69.02 1.33 145.9 3.128 2.350 2.700 2.500 2569 SBAGAN 2.690 0.090 5.5 2.575 92.76 0.74 178.4 0.440 0.205 — — 4316 SHCHAN 0.350 — — — 15.09 — 46.2 5.630 3.820 4.750 4.620 5285 SIMEPLT 4.700 UNCH 5481.4 4.699 361.54 0.21 32,357.5 4.220 1.900 2.480 2.330 5126 SOP 2.350 0.020 157.3 2.398 14.95 2.13 1,341.6 2.110 1.300 1.470 1.380 5135 SWKPLNT 1.470 0.070 115.6 1.400 19.60 3.40 411.6 3.484 1.810 2.130 1.980 5012 TAANN 2.040 0.120 135.1 2.063 21.41 4.90 907.5 0.445 0.110 0.180 0.165 2054 TDM 0.165 0.005 15674.9 0.169 — — 277.6 0.685 0.185 0.275 0.255 5112 THPLANT 0.260 0.010 745 0.263 — — 229.8 1.590 0.560 0.820 0.725 9059 TSH 0.730 0.005 4042.4 0.771 22.88 1.37 1,008.7 5.429 4.010 4.060 4.050 2593 UMCCA 4.050 UNCH 10 4.052 12.82 1.98 849.6 27.000 23.000 25.200 24.560 2089 UTDPLT 24.840 0.280 18.4 24.717 18.21 1.61 5,170.1TELECOMMUNICATIONS & MEDIA 0.155 0.030 — — 0159 AMEDIA 0.060 — — — — — 14.4 0.680 0.470 0.490 0.480 7031 AMTEL 0.480 UNCH 375 0.489 5.20 — 26.0 1.565 0.705 0.915 0.860 6399 ASTRO 0.880 0.035 4643.4 0.896 6.98 8.52 4,588.8 5.219 3.010 3.470 3.370 6888 AXIATA 3.380 -0.020 8095.3 3.400 22.68 2.81 30,974.8 0.270 0.075 — — 6025 BJMEDIA 0.105 — — — — — 24.7 4.936 3.820 4.430 4.320 6947 DIGI 4.390 0.100 2501.3 4.380 23.82 4.15 34,132.3 0.310 0.075 0.105 0.100 0059 ECOHLDS 0.100 UNCH 276.6 0.100 12.20 — 31.4 0.935 0.305 0.515 0.465 0082 GPACKET 0.485 0.025 2277.3 0.490 — — 453.9 5.645 4.590 5.420 5.270 6012 MAXIS 5.370 0.040 2725.9 5.373 27.68 3.72 41,996.1 0.530 0.110 0.135 0.130 4502 MEDIA 0.135 0.010 7433.4 0.131 — — 149.7 0.255 0.120 0.180 0.170 5090 MEDIAC 0.175 0.010 7082.9 0.176 — 6.23 295.3 0.665 0.345 0.420 0.405 0172 OCK 0.410 0.010 3746.4 0.411 13.10 — 393.0 0.370 0.230 0.270 0.265 7190 PPG 0.265 -0.005 50 0.267 — 3.77 26.5 0.250 0.085 0.100 0.090 5252 SASBADI 0.090 -0.005 1427.1 0.099 12.86 — 37.7 0.580 0.450 — — 9431 SJC 0.540 — — — — — 21.9 0.780 0.225 0.290 0.275 6084 STAR 0.280 0.010 2370.2 0.282 36.36 7.14 206.8 9.670 8.219 9.200 9.100 5031 TIMECOM 9.100 UNCH 1267 9.118 16.93 1.09 5,328.4 4.532 2.518 3.670 3.580 4863 TM 3.650 0.080 2730.2 3.641 21.73 2.74 13,745TECHNOLOGY 0.680 0.470 0.490 0.480 7031 AMTEL 0.480 UNCH 375 0.489 5.20 — 26.0 0.160 0.035 0.080 0.070 5195 CENSOF 0.080 0.010 1340.8 0.079 — — 40.1 0.250 0.045 0.080 0.070 0051 CUSCAPI 0.075 0.010 6019.6 0.075 — — 64.4 0.925 0.430 0.505 0.470 7204 D&O 0.470 0.015 14019.4 0.488 15.82 2.13 529.1 0.280 0.060 0.095 0.080 8338 DATAPRP 0.085 0.005 3571.6 0.088 — — 39.4 0.060 0.015 0.025 0.020 0029 DIGISTA 0.020 UNCH 137.9 0.020 — — 13.2 0.310 0.070 0.120 0.105 4456 DNEX 0.105 -0.005 17843.5 0.113 6.14 4.76 184.6 1.673 0.418 0.790 0.735 5216 DSONIC 0.745 0.025 34215.8 0.762 16.86 4.03 1,005.8 0.605 0.115 0.225 0.205 5036 EDARAN 0.210 0.005 128.3 0.218 — — 12.6 0.732 0.230 0.295 0.275 0065 EFORCE 0.275 UNCH 4988.3 0.285 21.15 5.02 169.2 1.061 0.380 0.470 0.450 0090 ELSOFT 0.460 0.020 1770.4 0.463 17.36 6.52 308.0 2.647 0.922 1.740 1.660 0128 FRONTKN 1.670 0.060 12452.7 1.702 25.26 1.50 1,759.2 0.100 0.030 — — 9377 FSBM 0.070 — — — — — 9.9 1.800 1.040 1.640 1.550 0021 GHLSYS 1.620 0.090 1344 1.609 41.86 — 1,213.7 0.935 0.305 0.515 0.465 0082 GPACKET 0.485 0.025 2277.3 0.490 — — 453.9 0.300 0.165 0.230 0.220 0056 GRANFLO 0.230 0.005 968.9 0.225 38.33 2.17 114.5 2.439 1.290 1.530 1.470 7022 GTRONIC 1.500 0.050 5119.8 1.499 22.46 2.00 1,004.2 1.440 0.450 0.575 0.525 5028 HTPADU 0.530 0.010 5967.9 0.547 7.55 — 53.6 2.049 0.900 1.200 1.160 0166 INARI 1.180 0.050 11021.5 1.185 23.27 3.73 3,822.4 0.308 0.150 0.185 0.175 0192 INTA 0.180 0.005 711.3 0.182 4.29 5.56 96.3 0.130 0.030 — — 9393 ITRONIC 0.040 — — — — — 5.3 0.365 0.130 0.210 0.190 5161 JCY 0.190 UNCH 11244 0.199 — 2.63 396.5 12.000 5.000 6.400 6.200 9334 KESM 6.300 0.280 183.6 6.313 28.47 1.43 271.0 0.150 0.020 0.030 0.030 0143 KEYASIC 0.030 UNCH 707 0.030 — — 28.5 0.405 0.310 — — 0302 MCOM 0.405 — — — 126.5 — 76.4 3.077 0.949 1.820 1.700 5286 MI 1.710 0.020 11726.3 1.763 21.62 2.92 1,282.5 0.912 0.325 0.450 0.420 0113 MMSV 0.425 0.010 1543.7 0.435 11.15 4.71 86.7 12.960 7.390 9.100 8.980 3867 MPI 9.010 0.060 588.6 9.005 13.30 3.55 1,891.1 1.620 0.550 0.770 0.725 5011 MSNIAGA 0.740 0.075 41 0.751 — — 44.7 1.725 0.765 0.975 0.940 0138 MYEG 0.945 0.005 56136.1 0.959 13.31 2.01 3,408.0 0.243 0.040 0.050 0.050 0041 MYSCM 0.050 -0.005 102.5 0.050 — — 15.9 1.380 0.410 0.635 0.595 0083 NOTION 0.595 0.005 25559.7 0.614 8.35 1.68 200.3 0.715 0.320 0.455 0.430 9008 OMESTI 0.435 UNCH 5135.1 0.442 8.19 — 230.9 5.580 2.370 3.760 3.350 7160 PENTA 3.700 0.520 8819 3.562 21.17 — 1,757.0 0.650 0.100 0.165 0.140 5204 PRESBHD 0.150 0.015 15620.4 0.151 — — 72.6 0.580 0.160 0.220 0.205 9075 THETA 0.215 0.005 1063.5 0.210 126.47 — 23.1 0.025 0.005 0.010 0.005 0118 TRIVE 0.010 UNCH 4123 0.005 — — 25.5 0.165 0.060 0.075 0.070 4359 TURIYA 0.070 UNCH 107.8 0.071 — — 16.0 2.905 1.600 1.700 1.630 5005 UNISEM 1.670 0.020 940.5 1.680 — 5.39 1,225.5 3.390 0.726 1.790 1.680 5292 UWC 1.690 0.040 28392.4 1.737 26.91 1.18 929.8 9.570 6.090 7.500 6.880 0097 VITROX 7.360 0.400 332.4 7.276 43.50 0.75 3,466.8 1.670 0.700 0.930 0.880 5162 VSTECS 0.890 0.005 1077.7 0.903 5.39 6.18 160.2 0.645 0.300 0.380 0.360 0008 WILLOW 0.370 0.010 610.7 0.370 12.09 2.70 183.5UTILITIES 0.375 0.090 0.150 0.130 7471 EDEN 0.140 0.010 16589.9 0.138 9.72 — 56.5 2.855 2.300 2.610 2.500 5209 GASMSIA 2.600 0.100 35.2 2.590 17.57 3.69 3,338.4 0.915 0.645 0.795 0.770 5264 MALAKOF 0.795 0.025 3388.3 0.784 1.62 8.24 3,975.0 5.600 3.100 4.500 4.280 3069 MFCB 4.450 0.290 4082.9 4.430 11.61 0.90 2,046.2 1.158 0.725 0.800 0.790 5041 PBA 0.790 0.005 75.5 0.795 10.39 3.33 261.7 17.652 13.360 16.020 15.260 6033 PETGAS 15.400 -0.160 827.9 15.669 15.74 4.68 30,472.5 1.400 0.820 0.910 0.880 5272 RANHILL 0.890 -0.005 579.4 0.900 11.70 5.62 954.9 0.298 0.100 0.125 0.115 8567 SALCON 0.115 UNCH 5970.2 0.117 — — 97.4 0.955 0.635 0.725 0.690 8524 TALIWRK 0.705 0.015 173.4 0.713 18.60 7.45 1,421.2 14.000 10.800 12.460 12.220 5347 TENAGA 12.400 0.180 6475.5 12.399 15.57 4.03 70,517.4 1.197 0.600 0.750 0.730 4677 YTL 0.740 0.025 3104.5 0.740 75.51 5.41 8,156.8 0.853 0.480 0.610 0.565 6742 YTLPOWR 0.590 0.030 6984.9 0.595 10.85 8.47 4,813.3CLOSED-END FUNDS 2.470 1.850 2.060 2.000 5108 ICAP 2.000 0.010 49 2.001 74.07 — 280.0EXCHANGE TRADED FUNDS 1.340 1.177 1.190 1.190 0800EA ABFMY1 1.190 -0.095 19 1.190 — 1.34 1,538.6 6.460 5.160 — — 0829EA CHINAETF-MYR 5.790 — — — — — 8.9 1.345 1.335 1.345 1.335 0829EB CHINAETF-USD 1.335 -0.010 20 1.340 — — 0.9 4.070 3.020 — — 0831EA FANG-1XI 3.540 — — — — — 1.9 6.470 2.660 — — 0830EA FANG-2XL 3.270 — — — — — 0.7 1.790 1.350 — — 0820EA FBMKLCI-EA 1.360 — — — — 2.43 2.3 2.370 1.840 2.180 2.160 0833EA HSCEI-1XI 2.180 0.020 11 2.162 — — 1.4 2.260 1.250 1.500 1.500 0832EA HSCEI-2XL 1.500 UNCH 30 1.500 — — 0.5 2.670 2.005 — — 0835EA KLCI1XI 2.375 — — — — — 2.4 2.000 1.260 — — 0834EA KLCI2XL 1.360 — — — — — 1.4 1.045 0.940 — — 0826EA METFAPA 0.945 — — — — — 17.0 1.000 0.455 — — 0825EA METFSID 0.455 — — — — 4.77 28.2 1.410 1.040 — — 0827EA METFUS50 1.040 — — — — — 9.2 1.150 0.885 0.885 0.885 0821EA MYETFDJ 0.885 -0.035 5.3 0.885 — 2.05 230.0 1.180 0.880 — — 0824EA MYETFID 0.900 — — — — 3.29 27.7 1.950 1.365 — — 0822EA PAM-A40M 1.365 — — — — 5.02 3.7 1.690 1.300 — — 0823EA PAM-C50 1.330 — — — — — 9.5REAL ESTATE INVESTMENT TRUSTS 0.789 0.580 — — 4952 AHP 0.660 — — — 11.36 8.71 145.2 1.592 1.164 1.390 1.370 5116 ALAQAR 1.380 0.020 75.6 1.380 13.33 4.96 1,015.7 0.873 0.585 0.790 0.745 5269 ALSREIT 0.745 -0.045 5.5 0.754 11.96 5.93 432.1 0.505 0.320 0.420 0.400 5120 AMFIRST 0.410 -0.010 480.6 0.411 13.85 9.56 281.4 0.797 0.500 0.620 0.610 5127 ARREIT 0.610 UNCH 243.9 0.611 26.41 10.16 349.7 1.171 0.805 0.935 0.875 5130 ATRIUM 0.910 -0.030 131.5 0.919 27.91 7.20 186.2 2.010 1.597 1.890 1.820 5106 AXREIT 1.850 -0.020 850.9 1.857 14.35 3.99 2,668.3 1.071 0.735 0.900 0.825 5180 CMMT 0.885 0.045 1291.8 0.872 24.93 7.06 1,819.0 1.070 0.550 0.680 0.645 5121 HEKTAR 0.665 -0.015 965.4 0.658 26.81 11.68 307.2 2.035 1.430 1.720 1.680 5227 IGBREIT 1.690 -0.020 692.7 1.695 18.97 5.41 6,002.6 0.915 0.600 0.780 0.730 5280 KIPREIT 0.780 0.040 327.4 0.766 8.44 7.87 394.1 8.290 7.380 7.980 7.880 5235SS KLCC 7.890 0.060 343.2 7.910 18.03 4.82 14,244.1 1.042 0.500 0.695 0.680 5123 MQREIT 0.690 UNCH 226.3 0.690 25.27 9.86 739.5 1.845 1.350 1.680 1.630 5212 PAVREIT 1.640 UNCH 513.4 1.643 18.98 5.18 4,991.1 1.918 1.500 1.720 1.680 5176 SUNREIT 1.700 0.010 3422.9 1.699 12.65 5.77 5,006.6 0.883 0.490 0.615 0.560 5111 TWRREIT 0.600 UNCH 135.9 0.599 13.61 8.63 168.3 1.368 1.050 1.140 1.100 5110 UOAREIT 1.140 0.030 336.5 1.131 22.89 7.99 482.1 1.359 0.700 0.975 0.930 5109 YTLREIT 0.955 0.025 1048 0.954 13.98 0.41 1,627.7SPAC 0.505 0.505 — — 5270 RSENA 0.505 — — — — — 505.0ENERGY 0.200 0.030 0.050 0.040 5115 ALAM 0.045 0.005 24842.2 0.045 — — 50.9 0.555 0.110 0.145 0.135 5210 ARMADA 0.135 UNCH 78014.1 0.141 13.50 — 793.3 0.110 0.010 0.015 0.010 7251 BARAKAH 0.010 UNCH 323.1 0.013 — — 8.4 1.441 0.325 0.515 0.460 5257 CARIMIN 0.465 0.010 14415.2 0.494 3.53 9.03 108.8 1.510 0.530 0.660 0.635 5071 COASTAL 0.650 0.045 533.7 0.650 35.91 — 348.0 0.020 0.005 0.005 0.005 0091 DAYA 0.005 UNCH 1455 0.005 — — 10.2 3.010 0.710 1.220 1.130 5141 DAYANG 1.140 0.060 38120.5 1.178 4.83 — 1,209.9 1.067 0.340 0.495 0.455 5132 DELEUM 0.465 UNCH 1107.6 0.480 5.63 9.46 186.7 3.539 2.700 3.120 3.040 7277 DIALOG 3.060 -0.020 7371.1 3.081 28.41 1.24 17,263.4 0.510 0.135 0.195 0.190 7253 HANDAL 0.195 0.005 644.7 0.193 — — 42.7 6.230 2.200 2.530 2.390 4324 HENGYUAN 2.440 0.080 1362.6 2.466 21.27 — 732.0 1.240 0.245 0.350 0.320 5199 HIBISCS 0.325 -0.010 80409.5 0.339 3.50 — 516.2 0.280 0.035 0.060 0.050 2739 HUAAN 0.055 0.005 4889.3 0.055 — — 61.7 0.950 0.035 0.050 0.045 5255 ICON 0.045 UNCH 11937 0.045 — — 118.9 0.475 0.085 0.120 0.110 7164 KNM 0.110 UNCH 33977.3 0.112 5.64 — 290.9 0.970 0.255 0.410 0.400 5186 MHB 0.400 0.010 657.8 0.404 — — 640.0 1.833 0.385 0.770 0.675 5133 PENERGY 0.690 0.045 3037.6 0.717 3.54 5.80 222.0

Ace Market YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)

0.555 0.100 0.145 0.135 7108 PERDANA 0.135 UNCH 30084.5 0.139 — — 251.2 6.698 2.490 3.050 2.830 3042 PETRONM 3.000 0.170 645.3 2.998 4.58 6.67 810.0 0.345 0.025 0.050 0.040 5256 REACH 0.040 UNCH 6981.8 0.043 — — 43.9 0.364 0.060 0.085 0.075 5218 SAPNRG 0.075 UNCH 124243 0.080 — — 1,198.4 0.145 0.010 0.015 0.010 7158 SCOMI 0.010 -0.005 2055.8 0.015 — — 10.9 0.700 0.035 0.045 0.035 7045 SCOMIES 0.035 UNCH 2677.7 0.039 — — 16.4 2.492 1.020 1.550 1.450 5279 SERBADK 1.460 0.010 7068.8 1.506 9.76 3.35 4,502.4 0.045 0.005 — — 1201 SUMATEC 0.005 — — — — — 21.3 0.559 0.210 0.320 0.305 7228 T7GLOBAL 0.320 0.010 664.5 0.313 21.92 1.56 170.2 0.145 0.040 0.055 0.050 7206 THHEAVY 0.055 0.005 2848.8 0.054 5.00 — 61.7 1.140 0.310 0.420 0.390 7250 UZMA 0.390 0.005 9543.1 0.407 4.30 — 124.8 0.410 0.090 0.120 0.110 5243 VELESTO 0.110 UNCH 59439.2 0.116 26.83 — 903.7 1.450 0.460 0.560 0.505 5142 WASEONG 0.515 -0.010 3323.2 0.536 16.56 — 399.1 7.420 4.240 5.510 5.190 7293 YINSON 5.300 0.100 2126.7 5.358 27.76 1.13 5,806.9

MarketsB U R S A M A L A Y S I A M A I N M A R K E T . A C E M A R K E T


CONSUMER PRODUCTS & SERVICES 0.730 0.225 0.270 0.250 0098 BAHVEST 0.255 Unch 4565.9 0.260 34.46 — 312.4 0.225 0.065 0.105 0.100 0179 BIOHLDG 0.100 Unch 5138.9 0.101 9.52 1.10 86.0 0.215 0.085 0.100 0.100 0205 DPIH 0.100 Unch 354.9 0.100 4.35 4.50 48.7 0.790 0.095 0.685 0.655 0116 FOCUS 0.680 0.015 27695.3 0.673 — — 1,390.1 0.770 0.219 0.400 0.370 0157 FOCUSP 0.370 0.010 757.1 0.383 7.34 4.73 81.4 0.150 0.075 0.095 0.085 0074 GOCEAN 0.095 0.005 801.3 0.087 — — 27.5 0.125 0.035 0.075 0.065 0170 KANGER 0.070 0.005 1639 0.070 7.37 — 86.5 0.408 0.115 0.140 0.130 0210 KHJB 0.140 0.015 332.7 0.135 5.24 10.71 53.2 0.220 0.110 0.145 0.130 0180 KTC 0.135 Unch 1962 0.137 6.52 — 68.9 0.260 0.085 0.230 0.205 0182 LKL 0.205 -0.005 25704 0.219 — — 87.9 0.220 0.030 — — 0140 MACPIE 0.050 — — — — — 17.7 0.645 0.340 0.440 0.420 0201 NOVA 0.420 Unch 207.1 0.428 10.94 2.74 133.5 0.150 0.090 0.120 0.100 0153 OVERSEA 0.120 Unch 240.2 0.117 — — 29.6 0.175 0.025 0.045 0.040 0022 PARLO 0.045 0.005 894 0.042 — — 16.4 0.400 0.120 0.145 0.135 0171 PLABS 0.140 0.005 641.9 0.139 7.04 — 30.1 0.509 0.300 — — 0158 SCC 0.400 — — — 10.64 8.50 56.5 0.270 0.095 0.125 0.110 0212 SDS 0.125 0.010 742 0.118 — — 50.7 0.275 0.115 0.150 0.135 0216 SPRING 0.135 -0.015 287.1 0.143 3.10 — 56.1 0.200 0.030 0.045 0.040 0148 SUNZEN 0.040 Unch 380.1 0.042 — — 21.4 0.370 0.100 0.135 0.130 0197 WEGMANS 0.135 Unch 300.9 0.134 8.49 3.70 67.5 0.270 0.120 0.185 0.170 0095 XINGHE 0.180 Unch 12013.8 0.180 — — 110.1INDUSTRIAL PRODUCTS & SERVICES 0.245 0.135 0.225 0.160 0218 ACO 0.195 0.035 48061 0.200 0.07 — 58.5 0.295 0.175 — — 0122 AIM 0.250 — — — — — 66.5 0.085 0.030 0.035 0.030 0105 ASIAPLY 0.035 0.005 345 0.034 — — 16.0 0.095 0.015 0.025 0.020 0072 AT 0.025 0.005 2433.8 0.024 — — 37.4 0.205 0.060 0.100 0.085 0187 BCMALL 0.090 0.010 6988.3 0.091 7.38 2.22 37.9 0.425 0.130 0.240 0.220 0163 CAREPLS 0.225 0.005 19903.5 0.230 — — 119.6 0.130 0.045 0.060 0.055 0102 CONNECT 0.060 -0.005 4292 0.060 — — 19.8 0.245 0.100 0.110 0.110 0190 ESAFE 0.110 0.005 1 0.110 16.67 16.36 26.5 0.390 0.127 0.185 0.165 0100 ESCERAM 0.175 0.015 2520.5 0.175 15.22 3.43 36.0 0.548 0.060 0.100 0.095 0039 GFM 0.100 0.010 1070 0.097 7.87 11.00 47.2 1.950 0.130 0.180 0.175 0175 HHGROUP 0.175 -0.015 107 0.179 — — 5.9 0.155 0.040 0.055 0.050 0160 HHHCORP 0.055 0.005 424 0.052 9.65 — 18.3 0.305 0.100 0.145 0.135 0188 HLT 0.135 0.005 1100.9 0.139 14.84 — 69.1 0.055 0.025 0.030 0.025 0024 JAG 0.030 Unch 13343.9 0.030 — — 54.6 1.043 0.078 0.870 0.820 0193 KAB 0.820 -0.020 1242.2 0.845 45.81 0.61 759.0 0.385 0.055 0.115 0.105 0167 MCLEAN 0.110 0.010 1286.6 0.108 — — 21.7 0.180 0.035 — — 0081 MEGASUN 0.050 — — — — — 12.5 0.210 0.050 0.075 0.065 0207 MESTRON 0.070 Unch 2145 0.067 12.07 — 55.3 0.688 0.200 0.280 0.260 0213 MTAG 0.260 Unch 8712.5 0.271 4.84 — 177.2 0.070 0.010 0.015 0.015 0177 PASUKGB 0.015 Unch 20 0.015 — — 12.2 0.220 0.050 0.085 0.080 0038 PTB 0.085 0.010 273 0.083 — — 22.3 0.435 0.155 0.235 0.215 0217 PWRWELL 0.215 Unch 8595.1 0.224 11.20 — 124.8 0.265 0.080 0.110 0.100 0196 QES 0.105 Unch 4983.4 0.105 23.86 — 79.6 0.075 0.035 0.045 0.040 0133 SANICHI 0.045 0.005 70929 0.045 — — 49.9 0.140 0.035 0.050 0.045 0161 SCH 0.045 Unch 409 0.045 4.29 — 25.0 0.982 0.315 0.490 0.450 0001 SCOMNET 0.470 0.025 962.8 0.475 16.04 2.13 302.2 0.290 0.065 0.140 0.105 0028 SCOPE 0.110 -0.015 6550.3 0.120 — — 69.2 0.155 0.050 0.080 0.060 0055 SERSOL 0.075 0.005 1134 0.070 — — 16.2 1.410 0.510 0.740 0.680 0215 SLVEST 0.685 0.010 14923.9 0.714 18.03 — 267.6 0.580 0.095 0.135 0.130 0211 TASHIN 0.135 0.005 223.2 0.133 32.14 — 47.1 0.575 0.190 0.270 0.245 0084 TECFAST 0.245 0.005 3168.5 0.258 15.91 4.08 55.9 0.512 0.140 0.200 0.195 0089 TEXCYCL 0.200 0.005 58.5 0.195 10.10 3.00 51.2 0.610 0.215 0.300 0.285 0162 WIDAD 0.300 0.010 10191 0.286 61.22 — 736.4 0.195 0.075 0.120 0.095 0025 YBS 0.110 0.015 1130 0.109 73.33 — 26.6TECHNOLOGY 0.325 0.075 0.125 0.115 0181 AEMULUS 0.115 Unch 1097.6 0.119 — 1.74 63.2 0.265 0.075 0.115 0.115 0119 APPASIA 0.115 0.005 115 0.115 — — 39.7 0.290 0.060 — — 0068 ASDION 0.080 — — — — — 10.2 0.600 0.195 0.300 0.265 0195 BINACOM 0.280 0.025 15761 0.282 22.76 — 74.0 0.299 0.110 0.140 0.120 0191 CABNET 0.140 0.010 52.6 0.133 10.45 5.71 25.0 0.195 0.015 0.025 0.015 0152 DGB 0.020 Unch 4505.4 0.020 — — 15.7 0.110 0.045 0.060 0.055 0131 DGSB 0.060 Unch 192.7 0.060 11.32 — 44.7 0.020 0.005 0.010 0.005 0154 EAH 0.010 Unch 691 0.010 — — 50.7 0.069 0.010 0.015 0.010 0107 EDUSPEC 0.015 Unch 1996.6 0.015 — — 25.5 1.770 1.030 1.150 1.120 0104 GENETEC 1.130 0.030 89.3 1.132 12.28 4.42 47.9 0.100 0.030 — — 0045 GNB 0.035 — — — — — 10.1 3.880 0.635 1.960 1.860 0208 GREATEC 1.900 0.100 7613.6 1.910 20.81 — 1,189.4 0.035 0.015 0.020 0.015 0174 IDMENSN 0.015 Unch 300 0.015 — — 4.1 0.570 0.165 0.225 0.210 0023 IFCAMSC 0.210 Unch 11501 0.218 18.92 4.76 127.7 0.090 0.015 0.020 0.020 0094 INIX 0.020 -0.005 150 0.020 — — 6.0 0.195 0.060 0.080 0.070 0010 IRIS 0.070 Unch 21310 0.075 6.36 — 207.6 0.275 0.095 0.125 0.115 0209 ISTONE 0.115 -0.005 2494.4 0.120 13.86 — 140.5 1.950 0.695 1.220 1.160 0146 JFTECH 1.200 0.060 493.1 1.199 106.19 0.42 252.0 1.768 0.500 0.740 0.665 0127 JHM 0.675 0.030 7091.8 0.698 12.36 2.96 376.4 0.285 0.090 0.135 0.125 0111 K1 0.125 Unch 1105.4 0.131 14.53 — 91.1 0.050 0.010 0.015 0.015 0036 KGROUP 0.015 Unch 12.5 0.015 — — 8.7 0.960 0.315 0.435 0.405 0176 KRONO 0.405 -0.005 14074.4 0.423 9.74 4.94 211.6 0.155 0.005 0.015 0.010 0018 LAMBO 0.010 Unch 100060 0.010 2.08 — 21.0 0.405 0.120 0.170 0.135 0075 LYC 0.155 0.025 1369.9 0.154 — — 55.1 0.055 0.020 0.030 0.025 0017 M3TECH 0.025 Unch 788 0.028 — — 16.1 0.285 0.104 0.195 0.185 0155 MGRC 0.185 0.005 103.2 0.187 0.87 — 19.1 0.980 0.305 0.780 0.695 0126 MICROLN 0.700 0.045 62.2 0.715 13.38 — 128.9 0.265 0.130 0.150 0.145 0112 MIKROMB 0.145 0.005 194.3 0.146 14.36 5.52 85.4 0.075 0.010 0.015 0.010 0085 MLAB 0.015 Unch 10781.6 0.015 — — 11.6 0.400 0.120 0.160 0.160 0034 MMAG 0.160 Unch 50 0.160 — — 114.9 0.125 0.010 0.015 0.010 0103 MNC 0.015 Unch 768.5 0.012 — — 17.1 0.140 0.040 0.055 0.050 0156 MPAY 0.055 Unch 287 0.055 — — 39.1 0.050 0.010 0.015 0.015 0070 MQTECH 0.015 Unch 788 0.015 — — 10.2 0.205 0.050 0.110 0.095 0092 MTOUCHE 0.100 0.005 34149 0.104 — — 50.9 0.880 0.350 0.450 0.420 0108 N2N 0.425 0.005 572.8 0.434 14.91 4.71 254.1 0.025 0.005 0.010 0.005 0020 NETX 0.010 Unch 22944.6 0.010 — — 41.0 0.020 0.005 0.010 0.005 0096 NEXGRAM 0.005 Unch 3468.9 0.005 — — 10.4 0.110 0.015 0.030 0.025 0026 NOVAMSC 0.030 Unch 1304.2 0.030 — — 22.5 0.840 0.195 0.280 0.255 0035 OPCOM 0.270 0.025 3802.5 0.268 — — 43.5 0.448 0.256 0.315 0.295 0040 OPENSYS 0.295 -0.005 1674 0.305 7.91 6.78 87.9 0.225 0.030 0.040 0.035 0079 ORION 0.035 Unch 1393 0.035 — — 25.5 0.390 0.180 — — 0006 PINEAPP 0.260 — — — — — 12.6 0.085 0.020 0.025 0.020 0123 PRIVA 0.020 -0.005 561.3 0.025 — — 11.2 1.530 0.670 1.010 0.960 0200 REVENUE 0.960 0.025 13923.1 0.985 29.09 — 373.8 0.715 0.355 0.430 0.405 0106 REXIT 0.420 0.030 312 0.416 8.38 7.14 79.5 0.390 0.180 0.225 0.210 0202 RGTECH 0.210 Unch 4417 0.218 19.81 — 110.3 0.310 0.080 0.125 0.115 0178 SEDANIA 0.115 Unch 1271.2 0.118 11.17 — 28.9 0.267 0.035 0.060 0.055 0203 SMETRIC 0.060 Unch 1654.1 0.060 14.29 — 29.2 0.125 0.015 0.045 0.040 0117 SMRT 0.040 -0.010 210.9 0.044 — — 16.3 0.280 0.040 0.060 0.055 0169 SMTRACK 0.060 0.005 12.3 0.055 — — 10.6 0.130 0.045 0.065 0.055 0093 SOLUTN 0.065 0.010 823.8 0.059 — — 19.9 0.390 0.195 0.390 0.370 0129 SRIDGE 0.380 0.005 1210.5 0.382 — — 55.2 0.250 0.060 0.090 0.080 0050 SYSTECH 0.080 Unch 301 0.083 — 2.50 27.8 0.090 0.020 — — 0132 TDEX 0.045 — — — — — 30.6 0.140 0.040 — — 0145 TFP 0.075 — — — — — 15.6 0.265 0.035 0.060 0.050 0005 UCREST 0.055 0.010 3057.7 0.053 — — 25.5 0.330 0.020 0.035 0.025 0060 VC 0.030 0.005 39461.8 0.030 — — 14.5 0.775 0.210 0.280 0.255 0120 VIS 0.260 0.005 5555.2 0.266 11.56 3.85 44.4 0.025 0.015 0.020 0.015 0069 VIVOCOM 0.020 0.005 1385.9 0.019 100.00 — 113.3 0.245 0.015 0.020 0.015 0066 VSOLAR 0.015 -0.005 1346 0.018 — — 6.2 0.045 0.035 — — 0141 WINTONI 0.035 — — — — — 18.0 0.200 0.090 0.100 0.100 0086 YGL 0.100 0.005 100 0.100 — — 25.6TELECOMMUNICATIONS & MEDIA 0.600 0.195 0.300 0.265 0195 BINACOM 0.280 0.025 15761.8 0.282 22.76 — 74.0 0.565 0.300 0.340 0.300 0147 INNITY 0.340 -0.010 60.3 0.300 37.36 — 47.3 0.055 0.020 0.030 0.025 0017 M3TECH 0.025 Unch 788 0.028 — — 16.1 0.125 0.010 0.015 0.010 0103 MNC 0.015 Unch 768.5 0.012 — — 17.1 0.205 0.050 0.110 0.095 0092 MTOUCHE 0.100 0.005 34149 0.104 — — 50.9 0.020 0.005 0.010 0.005 0096 NEXGRAM 0.005 Unch 3468.9 0.005 — — 10.4 0.840 0.195 0.280 0.255 0035 OPCOM 0.270 0.025 3802.5 0.268 — — 43.5 0.085 0.020 0.025 0.020 0123 PRIVA 0.020 -0.005 561.3 0.025 — — 11.2 0.525 0.060 0.085 0.075 0007 PUC 0.080 0.005 2260 0.080 — — 38.0 0.610 0.200 0.280 0.255 0032 REDTONE 0.260 0.005 6917.9 0.268 7.26 — 203.4 0.255 0.040 0.070 0.050 0173 REV 0.060 Unch 73.3 0.064 — — 8.1 0.310 0.080 0.125 0.115 0178 SEDANIA 0.115 Unch 1271.2 0.118 11.17 — 28.9 0.390 0.195 0.390 0.370 0129 SRIDGE 0.380 0.005 1210.5 0.382 — — 55.2 0.065 0.010 0.020 0.015 0165 XOX 0.020 Unch 2493.2 0.019 — — 21.8FINANCIAL SERVICES 0.095 0.020 0.030 0.025 0150 FINTEC 0.025 Unch 5687.4 0.025 0.09 — 20.4 0.580 0.300 0.350 0.350 0053 OSKVI 0.350 Unch 58.2 0.350 11.25 — 69.2HEALTH CARE 0.425 0.130 0.240 0.220 0163 CAREPLS 0.225 0.005 19903.5 0.230 — — 119.6 0.260 0.085 0.230 0.205 0182 LKL 0.205 -0.005 25704.2 0.219 — — 87.9 0.285 0.104 0.195 0.185 0155 MGRC 0.185 0.005 103.2 0.187 0.87 — 19.1 0.645 0.340 0.440 0.420 0201 NOVA 0.420 Unch 207.1 0.428 10.94 2.74 133.5TRANSPORTATION & LOGISTICS 0.105 0.030 0.040 0.040 0048 ANCOMLB 0.040 Unch 219.5 0.040 — — 18.9 0.285 0.130 0.145 0.140 0080 STRAITS 0.140 Unch 2046.9 0.140 12.84 — 91.1 0.443 0.170 0.250 0.200 0199 TRIMODE 0.215 -0.045 73.1 0.214 14.24 3.49 35.7CONSTRUCTION 0.783 0.248 0.500 0.435 0198 GDB 0.455 Unch 9698.3 0.474 9.74 4.40 284.4 0.304 0.185 0.235 0.200 0206 NADIBHD 0.235 0.015 958.8 0.219 6.97 4.26 177.0 0.050 0.015 0.025 0.020 0109 SCBUILD 0.025 Unch 786.1 0.021 10.42 — 22.1PLANTATION 0.100 0.050 0.060 0.055 0189 MATANG 0.055 Unch 254 0.055 91.67 2.73 99.6UTILITIES 0.338 0.150 0.220 0.185 0011 BTECH 0.205 0.020 5282.9 0.209 8.84 7.80 51.7

MarketsB U R S A M A L A Y S I A E Q U I T Y D E R I V A T I V E S

MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY 2 2

Bursa Malaysia Equity Derivatives

0.545 0.100 0.200 0.190 70354 A50CHIN-C54 0.200 0.010 38 7.427 8.398 17.12 30/06/2020 0.320 0.130 0.210 0.200 70358 A50CHIN-C58 0.210 0.020 143.3 7.427 8.958 24.86 30/09/2020 0.665 0.310 0.450 0.440 70360 A50CHIN-C60 0.445 0.020 343.7 7.426 7.838 14.54 30/09/2020 0.720 0.070 0.465 0.420 70337 A50CHIN-H37 0.465 -0.255 57 7.426 7.838 14.94 29/04/2020 0.500 0.050 0.305 0.290 70339 A50CHIN-H39 0.305 -0.035 171 7.427 6.998 0.39 30/06/2020 1.130 0.445 0.880 0.880 70341 A50CHIN-H41 0.880 -0.250 3 7.427 8.398 30.85 30/09/2020 0.455 0.275 0.290 0.275 70343 A50CHIN-H43 0.290 -0.015 52.4 7.426 6.439 -7.44 30/09/2020 0.815 0.225 0.585 0.560 70345 A50CHIN-H45 0.580 -0.045 221 7.427 7.558 13.48 30/09/2020 0.160 0.005 0.010 0.010 50991A AIRASIAC1A 0.010 Unch 350 0.750 1.720 133.33 27/10/2020 0.050 0.005 0.010 0.010 50991C AIRASIAC1C 0.010 Unch 80 0.750 1.250 69.33 30/10/2020 0.095 0.005 0.025 0.010 50991D AIRASIAC1D 0.015 0.005 2550.6 0.750 1.300 77.33 30/11/2020 0.085 0.010 0.035 0.025 50991E AIRASIAC1E 0.030 0.005 269 0.750 1.280 82.67 15/01/2021 0.095 0.005 0.005 0.005 509997 AIRASIAC97 0.005 Unch 50 0.750 1.750 135.33 19/06/2020 0.045 0.005 0.005 0.005 509998 AIRASIAC98 0.005 Unch 10 0.750 1.680 125.67 30/11/2020 0.080 0.010 0.020 0.015 5115WA ALAM-WA 0.015 Unch 2817 0.045 0.120 200.00 28/03/2022 0.090 0.005 0.015 0.010 101519 AMBANK-C19 0.015 0.005 170 2.930 3.850 32.94 30/10/2020 0.195 0.030 0.055 0.055 0119WA APPASIA-WA 0.055 Unch 171.4 0.115 0.130 60.87 23/12/2024 0.630 0.010 0.015 0.010 521051 ARMADA-C51 0.015 0.005 360.1 0.135 0.235 79.63 30/06/2020 0.030 0.005 0.005 0.005 0105WB ASIAPLY-WB 0.005 Unch 12.5 0.035 0.100 200.00 12/12/2022 0.095 0.005 0.005 0.005 639920 ASTRO-C20 0.005 Unch 150 0.880 1.680 92.05 30/10/2020 0.280 0.040 0.065 0.050 7579WA AWC-WA 0.060 Unch 345.2 0.275 0.880 241.82 25/12/2023 0.200 0.030 0.045 0.045 688851 AXIATA-C51 0.045 -0.005 94 3.380 4.300 33.88 09/11/2020 0.090 0.035 0.040 0.040 688853 AXIATA-C53 0.040 Unch 850 3.380 4.180 30.77 30/11/2020 0.330 0.050 0.070 0.065 7078WA AZRB-WA 0.065 0.015 50 0.150 0.630 363.33 13/05/2024 0.460 0.130 0.175 0.165 0098WA BAHVEST-WA 0.165 0.005 713 0.255 0.430 133.33 20/08/2024 0.245 0.030 0.050 0.040 4162CV BAT-CV 0.045 Unch 291.3 10.160 12.000 24.75 27/10/2020 0.315 0.030 0.070 0.065 4162CX BAT-CX 0.065 0.015 30 10.160 12.000 24.51 30/10/2020 0.170 0.040 0.055 0.055 4162CY BAT-CY 0.055 0.010 301.8 10.160 13.000 41.49 15/01/2021 0.105 0.005 0.005 0.005 5248C8 BAUTO-C8 0.005 -0.005 500 1.130 2.000 78.32 30/11/2020 0.395 0.115 0.170 0.160 5258WA BIMB-WA 0.165 0.005 1724.2 2.990 4.720 63.38 04/12/2023 0.090 0.015 0.025 0.020 0179WA BIOHLDG-WA 0.020 Unch 1395.5 0.100 0.220 140.00 05/01/2022 0.050 0.010 0.015 0.015 3395WB BJCORP-WB 0.015 Unch 1800 0.225 1.000 351.11 22/04/2022 0.075 0.015 0.035 0.030 3395WC BJCORP-WC 0.030 0.005 2065.2 0.225 1.000 357.78 29/05/2026 0.020 0.005 0.005 0.005 7036WC BORNOIL-WC 0.005 Unch 5840 0.020 0.070 275.00 08/11/2025 0.025 0.005 0.010 0.005 7036WD BORNOIL-WD 0.010 Unch 10089 0.020 0.070 300.00 29/05/2027 0.045 0.010 0.015 0.010 5932WA BPURI-WA 0.015 0.005 600.4 0.035 0.100 228.57 22/12/2022 0.215 0.005 0.005 0.005 181824 BURSA-C24 0.005 Unch 30 1.997 6.500 226.49 30/04/2020 0.050 0.005 0.030 0.010 181827 BURSA-C27 0.025 0.020 1143.4 4.950 5.850 20.71 30/10/2020 0.070 0.010 0.010 0.010 0191WA CABNET-WA 0.010 -0.005 1 0.140 0.500 264.29 02/07/2021 0.380 0.100 0.110 0.110 7154WA CAELY-WA 0.110 0.010 30 0.225 0.190 33.33 22/04/2021 0.135 0.030 0.055 0.045 7035WA CCK-WA 0.050 0.005 2630.9 0.380 0.900 150.00 18/06/2023 0.110 0.010 0.010 0.010 102359 CIMB-C59 0.010 -0.070 400 3.570 5.380 52.10 26/08/2020 0.050 0.005 0.025 0.020 102361 CIMB-C61 0.025 0.010 1886.9 3.570 4.880 40.90 06/11/2020 0.145 0.005 0.010 0.005 285218 CMSB-C18 0.005 Unch 690 1.130 2.600 131.19 26/08/2020 0.090 0.005 0.020 0.010 285219 CMSB-C19 0.010 -0.005 2677.1 1.130 2.300 107.08 06/11/2020 0.700 0.120 0.280 0.230 8125WB DAIBOCI-WB 0.255 0.010 245.5 1.650 2.500 66.97 19/06/2022 0.440 0.040 0.070 0.065 5276WA DANCO-WA 0.065 -0.005 85 0.310 0.300 17.74 22/05/2022 0.340 0.005 0.025 0.020 5141C1 DAYANG-C1 0.020 Unch 414 1.140 1.903 73.62 07/09/2020 0.270 0.005 0.015 0.010 5141C5 DAYANG-C5 0.010 Unch 793 1.140 2.200 96.49 07/12/2020 0.075 0.005 0.010 0.010 5141C6 DAYANG-C6 0.010 0.005 130.2 1.140 3.250 189.47 06/11/2020 0.090 0.005 0.010 0.010 5141C8 DAYANG-C8 0.010 Unch 300 1.140 3.000 166.67 22/01/2021 0.505 0.015 0.045 0.035 5141CX DAYANG-CX 0.035 0.005 1253.2 1.140 1.599 48.99 30/10/2020 0.455 0.010 0.035 0.030 5141CY DAYANG-CY 0.030 Unch 549 1.140 1.789 64.43 30/10/2020 0.015 0.005 0.010 0.005 7179WB DBE-WB 0.010 0.005 951 0.020 0.050 200.00 22/01/2022 0.030 0.005 0.005 0.005 0152WB DGB-WB 0.005 Unch 139.4 0.020 0.120 525.00 27/06/2021 0.205 0.005 0.005 0.005 727747 DIALOG-C47 0.005 -0.005 40 0.773 3.150 309.44 31/03/2020 0.115 0.095 0.115 0.115 727757 DIALOG-C57 0.115 Unch 1287.5 3.060 3.600 30.80 25/11/2020 0.055 0.030 0.055 0.045 694737 DIGI-C37 0.045 -0.005 300 4.390 4.680 12.76 09/11/2020 0.085 0.005 0.015 0.010 4456WD DNEX-WD 0.015 0.005 1702 0.105 0.500 390.48 30/07/2021 0.090 0.030 0.055 0.045 16191B DRBHCOMC1B 0.045 -0.005 1576.8 1.250 2.380 99.40 13/11/2020 0.170 0.005 0.010 0.010 161997 DRBHCOMC97 0.010 Unch 90 1.250 2.200 78.40 07/12/2020 0.155 0.010 0.030 0.030 161999 DRBHCOMC99 0.030 -0.005 10 1.250 2.200 83.20 17/07/2020 0.375 0.010 0.030 0.025 521611 DSONIC-C11 0.025 Unch 3431 0.745 1.000 40.94 30/07/2020 0.290 0.005 0.015 0.005 521612 DSONIC-C12 0.015 0.005 1050.4 0.745 1.180 62.42 30/07/2020 0.425 0.005 0.025 0.025 521613 DSONIC-C13 0.025 0.005 171 0.745 1.150 59.40 26/08/2020 0.270 0.010 0.025 0.025 521615 DSONIC-C15 0.025 Unch 10 0.745 1.000 44.30 09/11/2020 0.070 0.005 0.020 0.020 521619 DSONIC-C19 0.020 0.010 0.1 0.745 1.400 95.97 06/11/2020 0.440 0.215 0.410 0.405 5216HA DSONIC-HA 0.410 -0.010 212.5 0.745 2.000 333.56 14/09/2020 0.935 0.070 0.285 0.260 5216WA DSONIC-WA 0.260 0.005 41603.3 0.745 1.090 81.21 05/07/2023 0.850 0.005 0.050 0.030 7165WA DWL-WA 0.045 Unch 123 0.135 0.600 377.78 07/04/2021 0.320 0.040 0.070 0.060 5253WA ECONBHD-WA 0.065 0.005 3109.3 0.405 1.250 224.69 02/01/2023 0.030 0.005 0.005 0.005 8206CV ECOWLD-CV 0.005 Unch 1 0.415 0.880 114.46 30/04/2020 0.055 0.005 0.010 0.005 8206CZ ECOWLD-CZ 0.010 0.005 558 0.415 0.780 92.77 30/11/2020 0.300 0.060 0.095 0.085 8206WA ECOWLD-WA 0.085 Unch 765.2 0.415 2.080 421.69 26/03/2022 0.125 0.025 0.040 0.035 7471WB EDEN-WB 0.040 0.005 4785 0.140 0.300 142.86 13/08/2021 0.020 0.005 0.010 0.005 0107WB EDUSPEC-WB 0.005 Unch 108.3 0.015 0.050 266.67 30/09/2024 0.150 0.005 0.015 0.010 8907WC EG-WC 0.010 Unch 241 0.265 0.500 92.45 03/11/2020 0.045 0.035 0.045 0.040 887710 EKOVEST-C10 0.040 Unch 99.4 0.380 0.780 120.00 09/10/2020 0.050 0.035 0.050 0.050 887711 EKOVEST-C11 0.050 0.005 15 0.380 0.680 98.68 25/11/2020 0.215 0.005 0.010 0.005 8877C3 EKOVEST-C3 0.010 0.005 53.1 0.380 0.750 101.05 15/05/2020 0.050 0.005 0.010 0.010 8877C9 EKOVEST-C9 0.010 Unch 1260 0.380 0.770 107.89 30/11/2020 0.280 0.040 0.055 0.055 7249WB EWEIN-WB 0.055 -0.005 12.5 0.210 0.800 307.14 24/09/2022 0.250 0.045 0.075 0.060 5283WA EWINT-WA 0.060 -0.020 10342.2 0.390 1.450 287.18 04/04/2022 0.053 0.003 0.005 0.005 06507R FBMKLCI-C7R 0.005 Unch 500 306.81 1,560 409.59 30/04/2020 0.100 0.005 0.005 0.005 06507S FBMKLCI-C7S 0.005 Unch 300 132.82 1,570 1,085 29/05/2020 0.025 0.005 0.010 0.010 06507Z FBMKLCI-C7Z 0.010 Unch 70 597.49 1,585 166.44 30/07/2020 0.280 0.045 0.065 0.065 06509B FBMKLCI-C9B 0.065 0.020 619 1,343 1,540 16.11 28/08/2020 0.080 0.005 0.030 0.030 06509C FBMKLCI-C9C 0.030 0.005 275 1,343 1,600 20.22 28/08/2020 0.085 0.025 0.075 0.065 06509D FBMKLCI-C9D 0.065 0.005 238 1,343 1,550 17.77 30/10/2020 0.385 0.170 0.355 0.330 06509E FBMKLCI-C9E 0.330 0.015 575.9 1,343 1,470 16.83 30/09/2020 0.500 0.105 0.370 0.350 06508K FBMKLCI-H8K 0.365 -0.010 627.6 1,343 1,689 52.94 30/06/2020 0.500 0.065 0.275 0.250 06508L FBMKLCI-H8L 0.275 -0.015 2135 1,343 1,589 38.79 30/06/2020 0.555 0.035 0.370 0.350 06508Q FBMKLCI-H8Q 0.370 -0.010 501.4 1,343 1,590 37.67 31/03/2020 0.455 0.055 0.250 0.210 06508R FBMKLCI-H8R 0.245 Unch 17812 1,343 1,508 30.52 30/10/2020 0.500 0.075 0.265 0.245 06508S FBMKLCI-H8S 0.260 -0.015 1988.8 1,343 1,558 35.36 30/10/2020 0.535 0.030 0.355 0.335 06508T FBMKLCI-H8T 0.355 -0.010 96.4 1,343 1,560 34.65 30/04/2020 0.545 0.050 0.375 0.375 06508U FBMKLCI-H8U 0.375 -0.020 420 1,343 1,570 36.44 29/05/2020 0.600 0.070 0.410 0.395 06508V FBMKLCI-H8V 0.395 -0.040 615 1,343 1,580 38.23 30/06/2020 1.180 0.200 0.750 0.680 06508W FBMKLCI-H8W 0.750 -0.035 143 1,343 1,540 31.42 29/05/2020 1.000 0.360 0.645 0.600 06508Z FBMKLCI-H8Z 0.645 -0.020 440.4 1,343 1,550 34.04 30/11/2020 0.565 0.180 0.460 0.455 0650AB FBMKLCI-HAB 0.455 -0.020 15 1,343 1,600 42.84 28/08/2020 0.660 0.270 0.405 0.370 0650AD FBMKLCI-HAD 0.405 -0.010 586.8 1,343 1,500 26.40 28/08/2020 0.730 0.290 0.480 0.445 0650AE FBMKLCI-HAE 0.470 -0.015 134.5 1,343 1,530 30.99 30/10/2020 1.100 0.700 0.760 0.700 0650AF FBMKLCI-HAF 0.760 -0.005 510.8 1,343 1,420 22.70 30/09/2020 0.380 0.030 0.045 0.045 522280 FGV-C80 0.045 0.005 91.2 0.875 1.050 27.71 30/06/2020 0.350 0.005 0.005 0.005 522282 FGV-C82 0.005 Unch 60 0.745 1.080 45.97 13/04/2020 0.450 0.030 0.085 0.070 522283 FGV-C83 0.075 0.010 1.2 0.875 0.950 21.43 30/07/2020 0.325 0.020 0.055 0.045 522284 FGV-C84 0.045 0.005 330 0.875 0.980 22.29 30/10/2020 0.195 0.005 0.025 0.025 522288 FGV-C88 0.025 0.010 100 0.875 1.300 54.29 07/12/2020 0.045 0.005 0.010 0.010 522290 FGV-C90 0.010 Unch 5 0.875 1.750 101.71 30/10/2020 0.100 0.020 0.025 0.025 522291 FGV-C91 0.025 0.005 50 0.875 1.480 77.71 30/11/2020 0.045 0.025 0.045 0.045 522292 FGV-C92 0.045 0.010 880 0.875 1.250 56.23 09/10/2020 0.445 0.020 0.140 0.140 0128CA FRONTKN-CA 0.140 0.025 50 1.670 1.380 7.78 30/06/2020 0.315 0.010 0.075 0.065 0128CH FRONTKN-CH 0.065 0.005 326.2 1.670 1.800 19.46 26/06/2020 0.240 0.010 0.020 0.015 0128CI FRONTKN-CI 0.020 0.005 350.1 1.670 2.000 23.35 22/05/2020 0.195 0.020 0.020 0.020 0128CJ FRONTKN-CJ 0.020 Unch 10 1.670 2.200 35.33 30/07/2020 0.250 0.005 0.060 0.050 0128CK FRONTKN-CK 0.055 Unch 299.4 1.670 2.000 31.29 07/12/2020 0.185 0.010 0.065 0.060 0128CM FRONTKN-CM 0.065 0.010 404 1.670 2.500 61.38 15/01/2021 0.450 0.040 0.080 0.070 9261WB GADANG-WB 0.070 Unch 2442.5 0.315 1.060 258.73 29/11/2021 0.285 0.005 0.010 0.010 539868 GAMUDA-C68 0.010 0.005 53.5 2.970 3.050 4.38 31/03/2020 0.215 0.005 0.015 0.015 539870 GAMUDA-C70 0.015 0.005 50 2.970 3.500 20.37 29/05/2020 0.195 0.005 0.030 0.020 539878 GAMUDA-C78 0.025 Unch 2566.1 2.970 3.910 35.02 12/10/2020 0.490 0.030 0.080 0.065 5398WE GAMUDA-WE 0.070 Unch 23528.3 2.970 4.050 38.72 06/03/2021 0.520 0.095 0.170 0.135 5226WB GBGAQRS-WB 0.140 -0.005 3605.3 0.765 1.120 64.71 26/09/2023 0.520 0.015 0.120 0.100 5102CG GCB-CG 0.100 0.015 242.6 2.060 1.955 6.47 15/05/2020 0.535 0.005 0.080 0.060 5102CI GCB-CI 0.070 0.015 1055.5 2.060 1.955 2.99 13/04/2020 0.425 0.040 0.085 0.085 5102CJ GCB-CJ 0.085 0.025 40 2.060 2.050 9.36 22/05/2020 0.370 0.010 0.055 0.050 5102CK GCB-CK 0.050 0.005 688 2.060 2.527 28.45 28/07/2020 0.365 0.005 0.060 0.045 5102CL GCB-CL 0.055 0.010 1755.3 2.060 2.480 27.06 12/10/2020 0.210 0.010 0.040 0.040 5102CP GCB-CP 0.040 0.005 100 2.060 2.980 51.46 30/11/2020 1.600 0.305 0.565 0.525 5102WB GCB-WB 0.525 Unch 1093.2 2.060 1.650 5.58 04/11/2022 0.125 0.005 0.010 0.010 471568 GENM-C68 0.010 Unch 120 1.970 2.945 51.44 30/07/2020 0.070 0.010 0.015 0.010 471573 GENM-C73 0.015 0.005 2175.1 1.970 2.781 44.83 30/11/2020 0.120 0.025 0.045 0.040 471574 GENM-C74 0.040 0.005 2545.8 1.970 2.897 54.88 22/01/2021 0.060 0.030 0.045 0.040 471575 GENM-C75 0.040 0.005 2200 1.970 2.800 49.97 25/11/2020 0.165 0.005 0.005 0.005 318278 GENTINGC78 0.005 Unch 110 1.775 5.623 218.17 30/07/2020 0.040 0.005 0.010 0.010 318281 GENTINGC81 0.010 0.005 100 3.600 6.161 72.76 30/11/2020 0.160 0.005 0.015 0.015 318282 GENTINGC82 0.015 Unch 940 3.600 5.379 51.44 30/11/2020 0.220 0.015 0.025 0.020 0039WC GFM-WC 0.025 0.005 473 0.100 0.380 305.00 28/01/2022 0.115 0.015 0.020 0.020 5220WA GLOTEC-WA 0.020 Unch 2.8 0.295 0.720 150.85 17/12/2021 0.460 0.070 0.195 0.140 0082WB GPACKET-WB 0.165 0.030 3778.2 0.485 0.400 16.49 24/11/2023 0.235 0.020 0.035 0.030 7022C4 GTRONIC-C4 0.035 0.005 700 1.500 2.000 40.33 09/11/2020 0.285 0.025 0.090 0.075 7676WB GUNUNG-WB 0.075 -0.005 83 0.310 0.400 53.23 02/10/2020 0.250 0.040 0.250 0.235 516828 HARTA-C28 0.250 0.030 405 6.990 5.500 0.14 30/04/2020 0.355 0.180 0.355 0.345 516833 HARTA-C33 0.355 0.030 296 6.990 5.200 4.86 07/12/2020 0.215 0.070 0.215 0.185 516834 HARTA-C34 0.215 0.035 657.9 6.990 6.000 4.29 30/11/2020 0.155 0.095 0.150 0.150 516835 HARTA-C35 0.150 0.010 60.1 6.990 6.500 14.45 27/10/2020 0.155 0.070 0.155 0.150 516836 HARTA-C36 0.155 0.005 430 6.990 7.200 20.74 18/12/2020 0.275 0.135 0.275 0.265 516837 HARTA-C37 0.275 0.010 34 6.990 5.700 5.15 30/11/2020 0.185 0.075 0.185 0.175 516838 HARTA-C38 0.180 0.020 936.2 6.990 6.200 6.72 06/11/2020 0.240 0.135 0.235 0.225 516839 HARTA-C39 0.235 0.020 429.8 6.990 6.500 13.16 22/01/2021 0.280 0.180 0.190 0.190 7105WA HCK-WA 0.190 0.010 10 1.230 0.960 -6.50 26/09/2027 0.110 0.005 0.005 0.005 432413 HENGYUANC13 0.005 Unch 200 2.440 4.200 73.98 07/08/2020 0.080 0.005 0.015 0.010 5072WB HIAPTEK-WB 0.015 0.005 870.7 0.120 0.500 329.17 23/06/2021 0.515 0.025 0.045 0.035 5199WC HIBISCS-WC 0.035 -0.005 5793.9 0.325 1.120 255.38 18/03/2021 0.120 0.005 0.015 0.015 5819CP HLBANK-CP 0.015 Unch 300 14.200 17.280 23.27 30/09/2020 0.165 0.030 0.065 0.050 0188WA HLT-WA 0.055 -0.005 667.8 0.135 0.200 88.89 27/12/2022 0.315 0.040 0.070 0.065 5160WB HOMERIZ-WB 0.065 Unch 696 0.430 0.540 40.70 03/07/2022 0.350 0.035 0.085 0.065 0185WA HSSEB-WA 0.065 0.005 66 0.325 1.700 443.08 15/03/2023 0.010 0.005 0.005 0.005 7013WB HUBLINE-WB 0.005 Unch 6 0.040 0.200 412.50 20/12/2020 0.025 0.010 0.020 0.015 7013WC HUBLINE-WC 0.020 Unch 1178.9 0.040 0.055 87.50 17/12/2023 0.055 0.005 0.025 0.015 9601WD HWGB-WD 0.020 0.005 1086.7 0.110 0.320 209.09 15/03/2021 0.070 0.020 0.030 0.025 5255WA ICON-WA 0.030 0.005 745 0.045 0.165 333.33 13/02/2028 0.830 0.140 0.160 0.140 9687WB IDEAL-WB 0.160 -0.040 83.2 0.955 1.000 21.47 30/03/2021

YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE

YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE

0.005 0.005 — — 0174WA IDMENSN-WA 0.005 — — 0.015 0.200 1,267 14/07/2020 0.120 0.010 0.035 0.035 522515 IHH-C15 0.035 0.010 30 5.300 5.600 8.96 15/05/2020 0.085 0.015 0.060 0.055 522517 IHH-C17 0.060 0.010 449.9 5.300 5.800 15.09 30/10/2020 0.105 0.070 0.105 0.100 522518 IHH-C18 0.105 0.015 1100 5.300 6.000 24.10 29/03/2021 0.085 0.030 0.040 0.040 333637 IJM-C37 0.040 0.010 80 1.500 2.300 61.33 22/01/2021 0.180 0.015 0.040 0.040 16657 INARI-C57 0.040 0.005 2000 1.180 1.700 54.24 30/11/2020 0.115 0.015 0.015 0.015 16659 INARI-C59 0.015 -0.005 150 1.180 2.000 72.67 27/10/2020 0.040 0.035 0.040 0.035 196126 IOICORP-C26 0.040 -0.110 1872 3.900 4.500 20.51 06/11/2020 1.260 0.360 0.530 0.485 4723WB JAKS-WB 0.490 0.010 2940.2 0.730 0.640 54.79 13/12/2023 0.080 0.035 0.045 0.045 8923WA JIANKUN-WA 0.045 Unch 5.2 0.310 0.320 17.74 23/12/2021 0.170 0.015 0.030 0.025 0111WC K1-WC 0.025 Unch 1226.1 0.125 0.300 160.00 30/12/2021 0.025 0.020 0.025 0.025 7161CM KERJAYA-CM 0.025 Unch 50 0.900 1.300 52.78 15/01/2021 0.345 0.060 0.140 0.090 7161WB KERJAYA-WB 0.110 0.020 191.2 0.900 1.600 90.00 28/02/2023 0.010 0.005 — — 0036WB KGROUP-WB 0.005 — — 0.015 0.200 1,267 01/05/2020 0.400 0.100 0.230 0.100 5171WA KIMLUN-WA 0.205 -0.035 1.3 0.535 1.680 252.34 12/03/2024 0.475 0.170 0.255 0.200 5027WB KMLOONG-WB 0.245 -0.010 13.5 0.985 1.400 67.01 10/04/2025 0.140 0.025 0.075 0.065 7153C2 KOSSAN-C2 0.070 0.010 1231.8 4.960 4.600 1.21 13/04/2020 0.200 0.075 0.145 0.135 7153C3 KOSSAN-C3 0.140 0.015 1652.6 4.960 4.500 6.25 28/07/2020 0.185 0.080 0.125 0.120 7153C4 KOSSAN-C4 0.125 0.015 223 4.960 5.000 13.41 30/11/2020 0.240 0.135 0.185 0.175 7153C5 KOSSAN-C5 0.185 0.015 252 4.960 4.780 16.89 15/01/2021 0.155 0.020 0.065 0.065 5878CU KPJ-CU 0.065 0.035 130 0.915 0.980 14.21 28/08/2020 0.060 0.005 0.020 0.015 5878CV KPJ-CV 0.020 0.005 53.5 0.915 0.980 11.48 29/05/2020 0.035 0.005 0.005 0.005 0018WB LAMBO-WB 0.005 Unch 2200 0.010 0.160 1,550 29/04/2024 0.235 0.025 0.050 0.045 9385WA LAYHONG-WA 0.050 0.005 2450.6 0.285 0.400 57.89 13/10/2021 0.260 0.050 0.055 0.055 8494WB LBICAP-WB 0.055 Unch 200.2 0.390 0.500 42.31 24/06/2024 0.250 0.005 0.005 0.005 5789WB LBS-WB 0.005 Unch 150 0.380 0.560 48.68 04/10/2020 0.300 0.005 0.025 0.015 6633CL LHI-CL 0.020 0.005 519.9 0.530 0.750 45.28 28/08/2020 0.100 0.035 0.055 0.050 8303WB LOTUS-WB 0.055 0.005 423.1 0.095 0.100 63.16 25/11/2024 0.045 0.010 0.015 0.010 5068WA LUSTER-WA 0.015 Unch 378.6 0.055 0.100 109.09 03/06/2022 0.045 0.015 0.030 0.030 5068WB LUSTER-WB 0.030 Unch 1 0.055 0.100 136.36 26/05/2023 0.135 0.005 0.015 0.015 7087CB MAGNI-CB 0.015 0.005 308 1.540 2.700 78.25 30/11/2020 0.080 0.005 0.005 0.005 858322 MAHSING-C22 0.005 Unch 500 0.405 0.720 79.01 30/11/2020 0.080 0.005 0.010 0.010 526429 MALAKOFC29 0.010 0.005 115 0.795 0.880 13.21 26/06/2020 0.075 0.010 0.020 0.020 526431 MALAKOFC31 0.020 0.005 60 0.795 0.880 13.21 30/11/2020 0.165 0.030 0.050 0.045 601211 MAXIS-C11 0.050 0.010 100.1 5.370 5.280 3.91 30/04/2020 0.170 0.010 0.015 0.010 115562 MAYBANKC62 0.015 -0.040 10.2 7.370 8.800 20.42 28/07/2020 0.070 0.010 0.020 0.020 115565 MAYBANKC65 0.020 Unch 120 5.872 8.500 45.78 30/11/2020 0.210 0.075 0.195 0.175 115566 MAYBANKC66 0.195 -0.015 3.6 7.370 8.300 21.88 09/10/2020 0.365 0.005 0.015 0.010 5983CJ MBMR-CJ 0.010 0.005 70 2.710 3.180 18.82 30/04/2020 0.025 0.004 — — 5983CL MBMR-CL 0.005 — — 0.333 4.380 1,221 27/04/2020 0.120 0.005 0.020 0.020 0167WB MCLEAN-WB 0.020 0.005 71 0.110 0.250 145.45 07/10/2020 0.165 0.020 0.045 0.040 3778WB MELEWAR-WB 0.040 Unch 97.5 0.135 0.400 225.93 18/08/2023 0.030 0.005 — — 5040WB MERIDIAN-WB 0.005 — — 0.050 0.900 1,710 22/04/2022 0.030 0.005 0.010 0.005 5040WC MERIDIAN-WC 0.005 -0.005 801.1 0.050 0.800 1,510 24/08/2024 0.310 0.030 0.055 0.035 7234WA MESB-WA 0.055 0.025 101.4 0.160 0.300 121.88 27/12/2022 0.195 0.010 0.045 0.035 3069CH MFCB-CH 0.035 0.015 2196.4 4.450 4.800 12.58 07/08/2020 0.200 0.005 0.070 0.060 3069CI MFCB-CI 0.070 0.020 1201.8 4.450 5.200 24.72 30/11/2020 0.570 0.085 0.140 0.120 3662WC MFLOUR-WC 0.130 0.005 853.2 0.425 0.680 90.59 23/01/2024 0.385 0.035 0.090 0.070 5286CG MI-CG 0.070 0.005 2832.9 1.710 2.080 33.92 30/11/2020 0.520 0.070 0.145 0.130 5286CH MI-CH 0.130 0.005 3663.1 1.710 2.200 47.66 27/10/2020 0.360 0.090 0.130 0.130 5286CI MI-CI 0.130 0.040 126 1.710 2.300 59.59 18/12/2020 0.375 0.040 0.100 0.080 5286CJ MI-CJ 0.080 -0.005 2435.1 1.710 2.000 30.99 22/01/2021 0.135 0.025 0.040 0.040 5576WC MINHO-WC 0.040 Unch 26 0.205 0.320 75.61 02/08/2021 0.125 0.035 0.045 0.045 381626 MISC-C26 0.045 -0.005 380 7.500 8.880 22.60 21/09/2020 0.140 0.020 0.035 0.030 9571WE MITRA-WE 0.030 Unch 104.6 0.160 0.940 506.25 17/04/2023 0.005 0.001 0.005 0.005 0103WA MNC-WA 0.005 Unch 500 0.015 0.100 600.00 05/11/2021 0.090 0.005 0.010 0.010 165160 MRCB-C60 0.010 Unch 110 0.395 0.780 100.00 30/11/2020 0.100 0.020 0.040 0.040 165161 MRCB-C61 0.040 0.020 20 0.395 0.600 62.03 18/12/2020 0.370 0.050 0.080 0.070 1651WB MRCB-WB 0.070 Unch 5579 0.395 1.250 234.18 29/10/2027 0.040 0.005 0.010 0.005 0043WA MTRONIC-WA 0.010 Unch 50 0.020 0.080 350.00 16/04/2022 0.150 0.005 0.005 0.005 13873 MYEG-C73 0.005 Unch 1 0.945 1.500 60.85 30/04/2020 0.125 0.010 0.025 0.025 13884 MYEG-C84 0.025 0.005 400 0.945 1.200 34.92 28/07/2020 0.140 0.005 0.025 0.015 13886 MYEG-C86 0.015 Unch 730 0.945 1.250 35.45 07/08/2020 0.110 0.005 0.025 0.020 13887 MYEG-C87 0.020 0.005 1702 0.945 1.200 35.45 12/10/2020 0.175 0.025 0.060 0.050 13892 MYEG-C92 0.050 Unch 2624.4 0.945 1.200 37.57 30/11/2020 0.125 0.055 0.085 0.080 13893 MYEG-C93 0.080 Unch 208 0.945 1.700 105.29 15/01/2021 0.075 0.015 0.030 0.030 13894 MYEG-C94 0.030 Unch 1000 0.945 1.550 73.54 27/10/2020 0.285 0.050 0.110 0.060 0108WB N2N-WB 0.070 0.010 130.4 0.425 0.830 111.76 08/01/2024 0.005 0.003 — — 0096WA NEXGRAM-WA 0.005 — — 0.005 0.100 2,000 16/05/2022 0.010 0.005 — — 0096WB NEXGRAM-WB 0.005 — — 0.005 0.260 5,200 21/07/2023 0.010 0.005 — — 0096WC NEXGRAM-WC 0.005 — — 0.005 0.100 2,000 15/01/2024 0.195 0.005 0.020 0.015 7241WA NGGB-WA 0.020 0.005 1149.7 0.180 0.600 244.44 18/10/2020 0.045 0.010 0.020 0.015 7139WB NICE-WB 0.015 -0.005 751.1 0.040 0.060 87.50 22/01/2024 0.095 0.010 0.020 0.015 7215WB NIHSIN-WB 0.020 Unch 1430.4 0.075 0.138 110.67 13/05/2022 0.930 0.150 0.425 0.390 0083WC NOTION-WC 0.390 Unch 2501.9 0.595 0.840 106.72 14/03/2023 0.145 0.005 0.015 0.010 0172WA OCK-WA 0.015 0.005 857.5 0.410 0.710 76.83 15/12/2020 0.125 0.015 0.025 0.020 7071WD OCR-WD 0.020 Unch 288.7 0.220 0.220 9.09 18/02/2022 0.145 0.010 0.010 0.010 0079WA ORION-WA 0.010 -0.005 135 0.035 0.170 414.29 26/07/2022 0.265 0.040 0.070 0.055 5260WA OWG-WA 0.055 Unch 1281.3 0.215 0.800 297.67 29/09/2023 0.055 0.005 0.010 0.010 7052C5 PADINI-C5 0.010 0.005 1 2.060 4.000 97.09 21/09/2020 0.260 0.165 0.220 0.220 8419WA PANSAR-WA 0.220 Unch 10 0.620 0.630 37.10 06/06/2023 0.150 0.005 0.005 0.005 5125WA PANTECH-WA 0.005 -0.005 1499.9 0.310 0.500 62.90 21/12/2020 0.160 0.010 0.050 0.030 5125WB PANTECH-WB 0.030 -0.005 38 0.310 0.500 70.97 21/12/2021 0.305 0.040 0.065 0.055 1724WA PARAMON-WA 0.065 0.010 108.6 0.675 1.790 174.81 28/07/2024 0.085 0.020 0.025 0.020 6912WA PASDEC-WA 0.025 Unch 792 0.160 1.000 540.63 03/07/2023 0.050 0.010 0.020 0.020 7225WB PA-WB 0.020 Unch 600 0.040 0.060 100.00 17/12/2022 0.175 0.005 0.015 0.005 129540 PBBANK-C40 0.015 Unch 252 12.180 19.300 59.69 28/08/2020 0.190 0.005 0.020 0.020 129541 PBBANK-C41 0.020 0.005 200 15.900 19.800 26.04 28/07/2020 0.140 0.035 0.135 0.135 129545 PBBANK-C45 0.135 0.020 180 15.900 18.280 25.16 09/10/2020 0.180 0.015 0.090 0.070 129546 PBBANK-C46 0.075 0.005 3395.5 15.900 18.500 22.01 15/01/2021 0.315 0.030 0.070 0.060 6068WA PCCS-WA 0.060 -0.005 222.1 0.215 0.600 206.98 25/12/2022 0.065 0.010 0.015 0.015 518347 PCHEM-C47 0.015 0.005 1437.9 4.750 6.500 38.42 30/10/2020 0.155 0.005 0.035 0.035 518348 PCHEM-C48 0.035 Unch 20 4.750 6.480 41.21 15/01/2021 0.045 0.010 0.015 0.015 518349 PCHEM-C49 0.015 Unch 20 4.750 6.500 39.37 30/11/2020 0.110 0.015 0.035 0.030 9997WB PENSONI-WB 0.035 0.005 267 0.210 0.600 202.38 20/01/2024 0.730 0.195 0.405 0.400 7160CA PENTA-CA 0.400 0.090 60 3.700 2.700 16.22 29/05/2020 0.650 0.030 0.185 0.155 7160CB PENTA-CB 0.185 0.040 14.9 3.700 2.920 -1.08 29/05/2020 0.210 0.005 0.010 0.005 7160CI PENTA-CI 0.010 0.005 347 3.700 4.880 33.24 22/05/2020 0.195 0.010 0.050 0.030 7160CJ PENTA-CJ 0.045 0.035 661.5 3.700 4.500 31.35 30/10/2020 0.160 0.005 0.015 0.010 7160CK PENTA-CK 0.015 0.010 731 3.700 5.000 37.57 28/08/2020 0.355 0.015 0.060 0.045 7160CM PENTA-CM 0.060 0.005 66.5 3.700 5.280 47.57 19/06/2020 0.170 0.005 0.030 0.020 7160CN PENTA-CN 0.030 0.015 20 3.700 5.000 40.00 07/08/2020 0.215 0.005 0.035 0.020 7160CO PENTA-CO 0.030 0.020 1300.3 3.700 4.800 34.59 12/10/2020 0.250 0.005 0.045 0.030 7160CP PENTA-CP 0.045 0.020 1216 3.700 4.500 28.92 26/08/2020 0.145 0.005 0.050 0.045 7160CQ PENTA-CQ 0.045 0.020 475.1 3.700 5.500 55.95 15/01/2021 0.100 0.005 0.015 0.015 7160CR PENTA-CR 0.015 0.005 100.1 3.700 5.600 53.99 27/10/2020 0.145 0.025 0.085 0.085 7160CS PENTA-CS 0.085 0.025 7.6 3.700 4.880 43.38 18/12/2020 0.185 0.020 0.085 0.065 6033CU PETGAS-CU 0.065 -0.015 6.5 15.400 16.000 8.12 30/06/2020 0.190 0.050 0.080 0.050 9695WA PLS-WA 0.070 -0.030 13 0.480 0.800 81.25 04/03/2030 0.075 0.005 0.010 0.010 886937 PMETAL-C37 0.010 Unch 420 3.050 5.200 72.13 22/01/2021 0.580 0.030 0.070 0.050 7088WB POHUAT-WB 0.070 0.015 79.4 0.795 1.000 34.59 21/10/2020 0.150 0.005 0.005 0.005 463447 POS-C47 0.005 Unch 993 0.680 1.300 93.38 09/11/2020 0.040 0.005 0.005 0.005 463449 POS-C49 0.005 Unch 100 0.680 1.480 119.12 30/11/2020 0.384 0.030 0.065 0.050 8966WA PRLEXUS-WA 0.060 0.005 1054.9 0.410 1.200 207.32 14/06/2021 0.100 0.015 0.030 0.030 5070WA PRTASCO-WA 0.030 0.005 10 0.180 0.750 333.33 25/04/2023 0.350 0.020 0.030 0.020 0007WA PUC-WA 0.025 0.005 284.5 0.080 0.500 556.25 25/12/2024 0.890 0.235 0.500 0.470 7237WA PWROOT-WA 0.480 0.020 361.7 1.880 1.540 7.45 24/07/2023 0.145 0.010 0.010 0.010 5272CB RANHILL-CB 0.010 -0.010 100 0.890 1.380 57.30 31/07/2020 0.075 0.005 0.010 0.010 5256WA REACH-WA 0.010 -0.005 16528.8 0.040 0.750 1,800 12/08/2022 0.800 0.215 0.420 0.380 0200WA REVENUE-WA 0.380 0.010 17273.5 0.960 0.750 17.71 14/01/2024 0.105 0.020 0.030 0.030 8567WB SALCON-WB 0.030 Unch 50 0.115 0.300 186.96 19/07/2025 0.150 0.025 0.040 0.035 5218WA SAPNRG-WA 0.035 Unch 10086.1 0.075 0.490 600.00 23/01/2026 0.055 0.005 0.010 0.005 0161WA SCH-WA 0.010 Unch 6808.9 0.045 0.100 144.44 04/12/2021 0.320 0.005 0.020 0.020 4731CG SCIENTX-CG 0.020 0.005 626.4 7.300 8.200 14.52 29/05/2020 0.140 0.030 0.030 0.030 4731CH SCIENTX-CH 0.030 Unch 7 7.300 10.000 41.10 24/09/2020 0.065 0.005 0.005 0.005 7158WB SCOMI-WB 0.005 Unch 100 0.010 0.210 2,050 18/02/2023 0.550 0.085 0.275 0.220 0001WA SCOMNET-WA 0.220 Unch 2.1 0.470 0.650 85.11 19/06/2024 0.140 0.005 0.025 0.010 0028WA SCOPE-WA 0.010 -0.015 2409.9 0.110 0.150 45.45 17/07/2020 0.045 0.005 0.010 0.010 7073WC SEACERA-WC 0.010 Unch 40 0.190 1.000 431.58 21/01/2021 0.290 0.005 0.020 0.010 5279C1 SERBADK-C1 0.015 Unch 4484.6 1.460 2.000 39.04 07/12/2020 0.075 0.005 0.020 0.020 5279C2 SERBADK-C2 0.020 0.010 150 1.460 2.880 100.55 11/09/2020 0.020 0.005 0.020 0.010 5279C5 SERBADK-C5 0.010 Unch 310 1.460 2.700 87.33 20/11/2020 0.160 0.005 0.010 0.010 5279C6 SERBADK-C6 0.010 Unch 1147.5 1.460 2.500 72.60 22/01/2021 0.260 0.005 — — 5279CW SERBADK-CW 0.005 — — 0.072 2.181 2,941 31/03/2020 0.205 0.005 0.015 0.010 5279CX SERBADK-CX 0.015 0.010 100.1 1.460 2.143 49.22 30/09/2020 0.245 0.005 0.015 0.010 5279CY SERBADK-CY 0.010 Unch 539.8 1.460 2.071 43.18 28/08/2020 0.215 0.005 0.005 0.005 5279CZ SERBADK-CZ 0.005 Unch 150 0.423 2.286 441.54 30/07/2020 0.605 0.105 0.190 0.170 5279WA SERBADK-WA 0.170 -0.005 23043.2 1.460 2.620 91.10 05/12/2024 0.095 0.020 0.035 0.035 0055WA SERSOL-WA 0.035 0.005 249.9 0.075 0.180 186.67 18/04/2023 0.090 0.015 0.020 0.015 7246WA SIGN-WA 0.020 0.005 120 0.330 0.970 200.00 21/04/2021 0.085 0.005 0.010 0.010 419740 SIME-C40 0.010 Unch 103 1.660 2.350 43.37 09/11/2020 0.055 0.035 0.050 0.050 419742 SIME-C42 0.050 Unch 1028.6 1.660 2.000 29.52 18/12/2020 0.210 0.010 0.045 0.040 5285CL SIMEPLT-CL 0.040 0.005 9.5 4.700 4.650 3.19 30/04/2020 0.165 0.010 0.045 0.040 5285CM SIMEPLT-CM 0.040 Unch 423 4.700 5.150 13.83 09/11/2020 0.080 0.060 0.065 0.065 5285CN SIMEPLT-CN 0.065 Unch 0.4 4.700 5.350 20.74 30/10/2020 0.070 0.015 0.070 0.070 5285CO SIMEPLT-CO 0.070 Unch 201 4.700 5.300 21.70 20/11/2020 0.050 0.005 0.005 0.005 5288CP SIMEPROP-CP 0.005 -0.010 100 0.620 1.080 75.81 28/08/2020 0.110 0.005 0.015 0.015 5288CR SIMEPROP-CR 0.015 0.010 35 0.620 0.850 41.94 07/08/2020 0.075 0.040 0.075 0.070 5288CT SIMEPROP-CT 0.070 0.015 4493.6 0.620 0.780 37.10 18/12/2020 0.150 0.005 0.005 0.005 7155CU SKPRES-CU 0.005 Unch 1970 0.765 1.280 69.15 21/09/2020 0.100 0.005 0.015 0.010 0203WA SMETRIC-WA 0.010 -0.005 200 0.060 0.160 183.33 21/01/2023 0.145 0.040 0.070 0.055 5242WA SOLID-WA 0.065 Unch 5834.3 0.275 0.210 0.00 16/12/2020 0.065 0.005 0.005 0.005 0093WA SOLUTN-WA 0.005 Unch 20 0.065 0.200 215.38 04/07/2021 0.195 0.005 0.005 0.005 866425 SPSETIA-C25 0.005 Unch 770 0.805 1.380 72.67 30/07/2020 0.040 0.005 0.010 0.010 866427 SPSETIA-C27 0.010 0.005 100 0.805 1.330 68.32 20/11/2020 0.185 0.040 0.180 0.170 0129WA SRIDGE-WA 0.170 Unch 188.3 0.380 0.180 -7.89 24/02/2023 0.180 0.035 0.045 0.045 0080WA STRAITS-WA 0.045 Unch 626.7 0.140 0.115 14.29 10/08/2022 0.040 0.005 — — 1201WA SUMATEC-WA 0.005 — — 0.005 0.320 6,400 03/03/2021 0.140 0.005 0.040 0.030 5211CU SUNWAY-CU 0.030 -0.005 420.6 1.560 1.600 6.41 08/05/2020 0.450 0.195 0.260 0.240 5211WB SUNWAY-WB 0.245 0.005 1740.3 1.560 1.720 25.96 03/10/2024 0.050 0.005 0.005 0.005 0148WB SUNZEN-WB 0.005 Unch 230 0.040 0.250 537.50 25/02/2021 0.125 0.020 0.055 0.045 710672 SUPERMX-C72 0.050 0.015 3135 1.690 1.600 3.55 29/05/2020 0.120 0.010 0.030 0.025 710674 SUPERMX-C74 0.025 0.005 2690.8 1.690 1.780 8.28 08/05/2020 0.130 0.010 0.035 0.030 710676 SUPERMX-C76 0.035 0.010 1674.7 1.690 1.700 6.39 22/05/2020 0.230 0.040 0.175 0.150 710677 SUPERMX-C77 0.175 0.040 540.9 1.690 1.500 9.47 30/09/2020 0.190 0.035 0.095 0.070 710678 SUPERMX-C78 0.090 0.025 9133.3 1.690 1.680 10.06 12/10/2020 0.160 0.030 0.065 0.045 710679 SUPERMX-C79 0.065 0.020 2962.9 1.690 1.750 13.17 19/06/2020 0.430 0.005 0.355 0.330 710680 SUPERMX-C80 0.350 0.050 166.3 1.690 1.250 5.03 30/10/2020 0.170 0.075 0.125 0.120 710681 SUPERMX-C81 0.125 0.020 735 1.690 1.600 15.38 27/10/2020

Main Market & Ace Market Warrants

MONDAY MARCH 30, 2020 • THEEDGE FINANCIAL DAILY 2 4

Markets Y O U R D A I L Y F I N A N C I A L M A R K E T S R O U N D U P

RESEARCH: TAI TS [[email protected]]

CONTRACT SETTLEMENT CHANGE HIGH LOW

KLCI CHANGE CLOSE VOLUME POINTS (RM) (RM) ('000)PUBLIC BANK 2.18 0.360 15.900 6194.2MAYBANK 1.75 0.100 7.370 15860.0TENAGA NASIONAL 1.60 0.180 12.400 6475.5PETRONAS CHEMICAL 1.25 0.100 4.750 5095.5DIGI.COM 1.21 0.100 4.390 2501.3HARTALEGA 1.11 0.210 6.990 9723.1CIMB GROUP 1.08 0.070 3.570 23909.7HONG LEONG FINANCIAL 1.00 0.560 13.600 137.5IOI CORPORATION 0.98 0.100 3.900 3716.7GENTING 0.73 0.120 3.600 11727.6GENTING MALAYSIA 0.65 0.070 1.970 36444.1MAXIS 0.49 0.040 5.370 2725.9TOP GLOVE CORPORATION 0.48 0.120 6.320 10043.1MALAYSIA AIRPORT UNCH 0.000 4.400 2892.8PETRONAS GAS -0.49 -0.160 15.400 827.9IHH HEALTHCARE -1.10 -0.080 5.300 4791.6SUB-TOTAL 12.92 OTHERS 2.08 GRAND TOTAL 15.00

1,352.00 1,325.50 1,346.00 1,315.50 1,338.00 1,311.50

Market movers

DOW JONES 21,636.78 -915.39S&P 500 2,541.47 -88.60NASDAQ 100 7,588.37 -308.76FTSE 100 5,510.33 -305.39AUSTRALIA 4,842.40 -270.90CHINA 2,772.20 7.29HONG KONG 23,484.28 131.94INDIA 29,815.59 -131.18

INDONESIA 4,545.57 206.67JAPAN 19,389.43 724.83KOREA 1,717.73 31.49PHILIPPINES 5,266.62 -134.96SINGAPORE 2,528.76 41.20TAIWAN 9,698.92 -37.44THAILAND 1,099.76 7.80VIETNAM 696.06 1.85

CLOSE CHANGE CLOSE CHANGE

World equity indices

TURNOVER CHANGE CHANGE PRICE PE DIVIDEND (‘000) (RM) (%) (RM) RATIO YIELD (%)

Daily top 20 active stocks

DLADY 42.880 1.880PANAMY 26.140 1.140HLFG 13.600 0.560PENTA 3.700 0.520AJI 12.980 0.500LPI 11.520 0.480CARLSBG 25.620 0.420VITROX 7.360 0.400PBBANK 15.900 0.360NHFATT 2.330 0.350GENP 9.560 0.320TASEK 5.400 0.300

NESTLE 136.000 -1.000SP500-HJ 2.490 -0.430ALLIANZ-PA 13.100 -0.400SP500-HL 1.850 -0.370A50CHIN-H37 0.465 -0.255A50CHIN-H41 0.880 -0.250SP500-HK 1.440 -0.230HSCEI-1XI 2.180 -0.190PETGAS 15.400 -0.160HSI-HAK 1.890 -0.150HSI-HAH 1.390 -0.140HSI-HAT 1.260 -0.130

Top gainers and losers (ranked by RM)

BURSA-C27 0.025 400.00PENTA-CJ 0.045 350.00PENTA-CK 0.015 200.00PENTA-CO 0.030 200.00SERBADK-CX 0.015 200.00SIMEPROP-CR 0.015 200.00KPJ-CU 0.065 116.67DAYANG-C6 0.010 100.00DBE-WB 0.010 100.00DSONIC-C19 0.020 100.00ECOWLD-CZ 0.010 100.00EKOVEST-C3 0.010 100.00

TM-C59 0.005 -93.33CIMB-C59 0.010 -87.50VS-C25 0.005 -83.33IOICORP-C26 0.040 -73.33MAYBANKC62 0.015 -72.73SIMEPROP-CP 0.005 -66.67SCOPE-WA 0.010 -60.00VELESTO-C28 0.025 -54.55BAUTO-C8 0.005 -50.00DIALOG-C47 0.005 -50.00MERIDIAN-WC 0.005 -50.00PANTECH-WA 0.005 -50.00

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

UP CHANGE CLOSE (RM)

DOWN CHANGE CLOSE (RM)

Top gainers and losers (ranked by percentage)

FBM KLCI & KLCI futures intraday

Daily FBM KLCI

FBM KLCI sensitivity*

FBM KLCI futures

BURSA-C27 0.025 400.00PENTA-CJ 0.045 350.00PENTA-CK 0.015 200.00PENTA-CO 0.030 200.00SERBADK-CX 0.015 200.00SIMEPROP-CR 0.015 200.00KPJ-CU 0.065 116.67DAYANG-C6 0.010 100.00DBE-WB 0.010 100.00DSONIC-C19 0.020 100.00ECOWLD-CZ 0.010 100.00EKOVEST-C3 0.010 100.00

TM-C59 0.005 -93.33CIMB-C59 0.010 -87.50VS-C25 0.005 -83.33IOICORP-C26 0.040 -73.33MAYBANKC62 0.015 -72.73SIMEPROP-CP 0.005 -66.67SCOPE-WA 0.010 -60.00VELESTO-C28 0.025 -54.55BAUTO-C8 0.005 -50.00DIALOG-C47 0.005 -50.00MERIDIAN-WC 0.005 -50.00PANTECH-WA 0.005 -50.00

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

Top gainers and losers - warrants (ranked by percentage)

HSI-C9J 78,279 7.89 0.015 0.205 0.250 0.190HSI-H8M 58,521 -7.69 -0.055 0.660 0.680 0.580BJCORP 50,062 2.27 0.005 0.225 0.245 0.220ACO 48,062 21.88 0.035 0.195 0.225 0.160DSONIC-WA 41,603 1.96 0.005 0.260 0.285 0.260AGES-PA 34,220 0.00 0.000 0.005 0.010 0.005MINETEC 28,616 14.29 0.015 0.120 0.125 0.105ECOWLD 24,559 5.06 0.020 0.415 0.440 0.410GAMUDA-WE 23,528 0.00 0.000 0.070 0.080 0.065SERBADK-WA 23,043 -2.86 -0.005 0.170 0.190 0.170PUNCAK 19,950 40.91 0.045 0.155 0.165 0.140FBMKLCI-H8R 17,812 0.00 0.000 0.245 0.250 0.210AVI 17,487 37.50 0.015 0.055 0.055 0.040REVENUE-WA 17,274 2.70 0.010 0.380 0.420 0.380REACH-WA 16,529 -33.33 -0.005 0.010 0.010 0.010DOLPHIN 16,302 0.00 0.000 0.045 0.060 0.045

STOCK VOLUME CHANGE CHANGE CLOSE HIGH LOW ('000) (%) (RM) (RM) (RM) (RM)

Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares traded for a particular counter on the previous trading day is more than triple the average volume for the last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of market expectations for these counters.

UNUSUAL MARKET ACTIVITIES

* How stock price changes affected the index on the previous trading day

Moving average - 20-dayKL Composite Index

Volume (’mil)

Jan 2, 2008 Mar 27, 2020

1,343.09(+15.00)

1,365.91

820.0

1122.5

1425.0

1727.5

2030.0

0

300

600

900

1324.0

1327.1

1330.2

1333.3

1336.4

1339.5

1342.6

1345.7

1348.8

1351.9

1355.0

17:1516:3015:3014:3012:4511:3010:309:308:45

Index pointKL Composite Index

KLCI futures

1,326.00(+4.00)

1,343.09(+15.00)

MAR 20 1,326.00 4.00APR 20 1,315.50 1.50JUN 20 1,311.50 4.00

For time is the longest distance between two places.— Tennessee Williams

SAPNRG 124,243.4 UNCH UNCH 0.075 — 2.44AIRASIA 117,995.3 0.020 2.74 0.750 — 32.88LAMBO 100,060.2 UNCH UNCH 0.010 2.08 0.00EKOVEST 82,606.9 0.010 2.70 0.380 6.31 2.70HIBISCS 80,409.5 -0.010 -2.99 0.325 3.61 0.00HSI-C9J 78,278.6 -0.010 -4.65 0.205 — 0.00ARMADA 78,014.1 UNCH UNCH 0.135 13.50 1.07SANICHI 70,929.7 0.005 12.50 0.045 — 0.00VELESTO 59,439.2 UNCH UNCH 0.110 26.83 0.00JAKS 59,268.5 0.010 1.39 0.730 3.91 0.00HSI-H8M 58,521.2 0.045 7.32 0.660 — 0.00MYEG 56,136.1 0.005 0.53 0.945 13.24 2.02BJCORP 50,062.4 0.005 2.27 0.225 — 0.00PRG 49,383.7 0.070 46.67 0.220 — 0.64ACO 48,061.7 0.035 21.88 0.195 0.06 0.00NAIM 43,043.5 0.050 10.42 0.530 4.27 0.00DSONIC-WA 41,603.3 0.005 1.96 0.260 — 0.00CMSB 39,508.8 0.060 5.61 1.130 7.16 6.92VC 39,461.8 0.005 20.00 0.030 — 0.00DAYANG 38,120.5 0.060 5.56 1.140 4.58 0.00

KUALA LUMPUR: Th e FBM KLCI rose 1.13% or 15 points at the close of trading last Friday, as overnight gains seen on Wall Street following optimism over the US government’s US$2 trillion plan to combat the Covid-19 pandemic’s fallout lifted regional markets. Consequently, the benchmark index settled at 1,343.09 points — its highest in two weeks — after charting its fourth day of increase. “Th e gains on Wall Street have been lifting the FBM KLCI. Th at said, we have to watch out for developments such as the spread of Covid-19 as well,” said Areca Capital Sdn Bhd chief executive offi cer Danny Wong. While the KLCI has jumped 123.37 points or 10% from its 11-year low of 1,219.729 points recorded last week, it is still down by 15.46% on a year-to-date (YTD) basis. Th at said, it is the best performing index with the least losses in Asean YTD, as regional peers have suff ered over a 20% drop. Overall, there were 649 gainers versus 234 decliners, while 383 counters were left unchanged after some 4.23 billion shares worth RM2.74 billion were traded across the board. Index-gainers were led by Hong Leong Financial Group Bhd, Genting Malaysia Bhd, Genting Bhd and Hartalega Bhd. Those that weighed on the index were led by IHH Healthcare Bhd, Sime Darby Bhd and Petronas Gas Bhd. — by Arjuna Chandran Shankar

KLCI climbs to highest in two weeks

W O R L D I N D E X . C O M M O D I T I E S . F U T U R E S PA G E 2 3

B U R SA M A L AY S I A E Q U I T Y D E R I VAT I V E S PA G E 2 2

M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 1 9

KLCI 1,343.09 15.00 FBM ACE 3,766.95 87.53 FTSTI 2,528.76 41.20 NIKKEI 19,389.43 724.83 HANG SENG 23,484.28 131.94 DOW JONES 21,636.78 915.39

monday march 30, 2020 issue 3097/2020 …has the story on page 4. fbm klci 1343.09 15.00 klci...

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