Corporate Guide - Malaysia, November 2014

M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Market Outlook & Strategy
FBMKLCI
REVIEW: The FBMKLCI plummeted alongside a global equity rout as stock prices took a beating following
the International Monetary Funds (IMF) move to trim its 2015 global economic growth forecasts by 0.2ppt
to 3.8%, citing concerns in the euro zone and a slowdown in several key emerging markets, and as crude
oil prices plunged 12% mtd at mid-month. The FBMKLCIs faster-than-expected decline dragged it to a 12month low of 1,767.77 (-4.2% mtd) at mid-month, before recovering steeply, again in tandem with global
markets, to close the month flat at 1,855.15 (+0.5% mom). Falling crude oil prices raised concerns over
Malaysias fiscal deficit targets, while the impending end of quantitaive easing in the US took the US$/RM
to US$3.34/RM (+1.6% ytd and +6.2% from recent lows). That said, we note that foreign investors selling
momentum actually moderated in October, with a net sell position of about RM500m (vs Sep 14s net sell
position of RM1.5b).
STRATEGY: We have trimmed our year-end FBMKLCI target to a bottom-up guided 1,885 (previously
1,930), which pegs the index at 15.7x 2015 PE (+0.7SD), after taking into account our recent downgrade to
Crude Palm Oil (CPO) price forecasts. While we still expect the market to trend higher towards the end of
the year, the lower target acknowledges a lack of external and domestic catalysts. Our top picks are Bumi
Armada, Gamuda, Genting Bhd, Maybank and Tenaga Nasional for large caps, and Barakah Offshore
Petroleum, Deleum, MPHB Capital and MRCB for small mid caps. Thematically, moderating commodity
prices will benefit utilities, aviation, plastic packaging manufacturers and construction companies. Our top
picks for these are Tenaga Nasional, Gamuda, AirAsia and non-rated plastic packaging manufacturer
Scientex.
TOP GAINERS & LOSERS*
(RM)
PPB Group
MMC Corp
Hap Seng Consolidated
Kuala Lumpur Kepong
Telekom Malaysia
Tenaga Nasional
Pos Malaysia
IJM Corp
Genting Plantations
Gamuda
Sep
14.20
2.38
3.98
21.08
6.60
12.38
4.72
6.47
9.93
4.82
Oct % Chg
15.82
2.64
4.40
23.00
7.20
13.36
5.05
6.92
10.58
5.12
11.4
10.9
10.6
9.1
9.1
7.9
7.0
7.0
6.5
6.2
(RM)
MMHE
Bumi Armada
SapuraKencana Petroleum
UMW Oil & Gas
Dayang Enterprise
Parkson Holdings
Yinson Holdings
Tan Chong Motor
CIMB Group
Carlsberg Brewery
* Top 100 companies by market capitalization.
Refer to last page for important disclosures.
Sep
Oct
% Chg
3.00
1.90
4.12
3.88
3.40
2.88
3.26
4.57
7.03
11.98
2.27
1.57
3.41
3.27
2.94
2.52
2.91
4.14
6.49
11.10
(24.3)
(17.4)
(17.2)
(15.7)
(13.5)
(12.5)
(10.7)
(9.4)
(7.7)
(7.3)
From 1 Nov 13 to 31 Oct 14
1,900
1,880
1,860
1,840
1,820
1,800
1,780
1,760
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
SECTOR RATINGS & STOCK RECOMMENDATIONS

Sector
Oct/Sep (% Chg) Weighting*
Automobile Automobile
Aviation
Banking
Construction
Consumer
Exchange
Gaming
Glove Manufacturing
Manufacturing
Media
Oil & Gas - Heavy Engineering
Oil & Gas - Offshore Asset Owners
Oil & Gas - Offshore Contractors
Oil & Gas - Shipping
Plantation
Power
Property
REITs
Telecommunications
KLCI
(4.7)
(2.6)
(2.6)
5.9
(0.0)
0.4
2.0
0.1
1.4
(1.5)
(12.5)
(15.5)
(16.4)
1.6
5.2
7.9
(0.7)
2.0
4.0
0.0
Top Buys
Underweight
Market Weight
AirAsia
Market Weight
Maybank
Overweight
Gamuda, IJM Corp
Underweight
Market Weight
Bursa Malaysia
Market Weight
Genting Bhd
Market Weight
Overweight
SKP Resources
Market Weight
Underweight
Dialog
Market Weight
Perisai Petroleum
Overweight Barakah Offshore Petroleum, Bumi Armada, Deleum, SapuraKencana Petroleum
Market Weight
Underweight
Overweight
Tenaga Nasional
Market Weight
MRCB, Sunway Bhd
Market Weight
CapitalMalls Malaysia Trust, Sunway REIT
Market Weight
DiGi
* Refers to business prospects & earnings growth of the sector for the next 12 months.
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Sector Performance
Price/
NTA ps
(x)
Net Cash
(Debt) to
Equity
(%)
Market
Cap.
(%)
Total
Market
Cap.
(RMm)
3.8
2.1
(8.7)
1.3
13,646
1.7
2.0
1.3
(146.5)
1.6
16,879
15.8
3.9
4.0
2.2
n.a.
29.9
312,484
6.1
13.1
3.1
2.8
1.7
(48.3)
2.3
24,509
12.9
30.6
63.9
3.8
3.9
10.6
(39.7)
4.5
47,525
6.4
36.4
8.8
20.5
6.4
6.6
6.8
18.6
0.4
4,316
(0.8)
4.2
12.2
4.3
9.7
2.4
2.2
2.1
10.6
6.7
69,765
8.8
(0.1)
18.4
11.8
14.1
19.3
2.2
2.5
3.6
4.8
1.1
11,468
8.7
(26.0)
60.4
57.7
7.1
10.1
14.0
12.5
12.5
2.8
9.2
0.1
648
31.3
23.5
(0.5)
18.7
33.0
9.4
6.6
79.7
2.7
2.7
n.a.
(416.4)
1.6
17,166
27.0
32.7
21.1
(15.9)
(17.4)
54.6
8.3
5.8
11.3
1.0
1.0
2.9
(1.9)
1.1
11,603
OIL & GAS - OFFSHORE ASSET OWNERS
24.2
22.9
16.0
11.5
5.9
42.7
18.2
5.4
11.1
1.5
1.9
2.0
(102.5)
1.3
13,539
OIL & GAS - OFFSHORE CONTRACTORS
20.1
14.7
12.0
82.8
37.1
22.3
12.7
5.5
13.8
0.3
0.1
5.5
(156.5)
2.2
22,980
OIL & GAS - SHIPPING
19.3
19.2
16.7
86.3
0.6
14.7
23.2
10.3
9.1
0.7
1.6
1.3
(23.2)
2.9
30,622
PLANTATION
21.5
21.1
18.8
(15.4)
2.0
12.2
11.4
8.4
14.4
3.1
3.3
2.8
(22.4)
12.0
125,421
POWER
15.5
13.9
13.2
33.0
11.7
5.2
15.1
6.1
16.0
4.6
5.3
1.7
(42.9)
7.2
75,399
PROPERTY
18.4
15.3
12.9
9.9
19.9
18.8
19.9
6.4
16.6
2.7
2.9
1.4
(50.1)
3.0
31,124
REITs
20.1
18.7
17.8
39.9
7.8
5.0
75.1
6.2
9.3
4.7
5.0
1.2
(23.9)
2.9
30,241
TELECOMMUNICATIONS
25.4
24.4
21.7
2.0
3.8
12.8
15.0
7.8
19.9
4.0
4.1
13.4
(63.7)
17.8
185,973
OVERALL
18.2
17.1
15.6
5.4
6.0
10.3
21.8
2.6
14.7
3.3
3.4
2.6
(25.3)
100.0
1,045 b
----------------- PE ----------------2013
2014F
2015F
(x)
(x)
(x)
----------- EPS Growth ----------2013

2014F
2015F
(%)
(%)
(%)
Net
Margin
(%)
AUTOMOBILE
15.8
14.7
13.8
(6.2)
7.4
AVIATION
17.5
20.9
15.9
(5.0)
BANKING
14.1
13.3
12.4
CONSTRUCTION
18.3
15.8
CONSUMER
24.4
EXCHANGE
ROA
(%)
ROE
(%)
6.4
4.8
5.2
12.2
3.1
(16.2)
31.4
8.1
2.9
8.0
6.7
5.8
7.5
n.a.
1.3
14.7
3.2
16.1
7.5
14.2
22.8
21.7
6.2
7.1
5.2
24.7
23.0
21.6
15.3
7.3
GAMING
17.3
17.5
16.7
(13.5)
GLOVE MANUFACTURING
19.5
19.5
16.5
MANUFACTURING
22.1
13.8
MEDIA
37.2
OIL & GAS - HEAVY ENGINEERING
------- Yield ------2013

2014F
(%)
(%)
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Corporate Statistics
Share Price Last
31 Oct 14 Year
(RM)
End
2013
(RMm)
Net Profit
2014F
(RMm)
2015F
(RMm)
985.3
985.3
2013
(sen)
EPS
2014F
(sen)
2015F
(sen)
2013
(x)
PE
2014F
(x)
2015F
(x)
DPS
2013 2014F
(sen)
(sen)
Yield
Hist.
2013 2014F CFPS
(%)
(%) (RM)
Net
Margin
(%)
ROA
(%)
ROE
(%)
No. of
Shares
(m)
Market Book Price/

Cap. NTA ps NTA ps
(RMm) (RM)
(x)
Net Cash/(Debt) to
Mkt Cap Equity
(%)
(%)
Avg Daily
52-Wk Price
Turnover
High
Low
52-Wk
(RM)
(RM)
('000)
Company
Ticker
Rec
AUTOMOBILE
UMW Holdings
Sector
UMWH MK
SELL
11.68
12/13
862.4
862.4
926.2
926.2
73.8
79.3
84.3
15.8
15.8
14.7
14.7
13.8
13.8
36.0
44.0
3.1
3.1
3.8
3.8
0.85
4.8
4.8
5.2
5.2
12.2
12.2
1,168.3
13,645.7
13,645.7
5.57
2.1
2.1
(3.6)
(3.6)
(8.7)
(8.7)
12.74
10.44
1,520
AVIATION
AirAsia
Malaysia Airports
Sector
AIRA MK
MAHB MK
BUY
HOLD
2.50
7.22
12/13
12/13
648.6
317.1
965.7
728.3
778.9
23.3
80.9 284.0 23.1
809.2
1,062.9
26.2
15.2
28.0
21.4
10.7
31.3
17.5
9.6
122.6
20.9
8.9
34.9
15.9
4.0
13.0
6.0
12.0
1.6
1.8
1.7
2.4
1.7
2.0
0.36
0.49
7.0
9.5
8.1
2.2
4.0
2.9
7.4
8.6
8.0
2,783.0
1,374.2
6,957.4
9,921.4
16,878.8
1.87
n.a.
1.3
n.a.
1.3
(145.5)
(37.7)
(82.1)
(205.1)
(82.6)
(146.5)
2.68
9.78
2.18
6.40
7,443
1,787
BANKING
Alliance Financial
AMMB Holdings
CIMB Group
Hong Leong Bank
Hong Leong Financial
Maybank
Public Bank
RHB Capital
Sector
AFG MK
AMM MK
CIMB MK
HLBK MK
HLFG MK
MAY MK
PBK MK
RHBC MK
HOLD
SELL
SELL
HOLD
SELL
BUY
HOLD
HOLD
4.79
6.78
6.49
14.62
18.10
9.70
18.54
8.80
3/14
3/14
12/13
6/14
6/14
12/13
12/13
12/13
563.5
1,811.7
4,015.2
1,856.3
1,487.7
6,552.4
4,064.7
1,831.2
22,182.7
36.4
60.1
47.7
103.2
141.3
70.3
105.3
71.2
36.5
54.5
51.3
111.9
162.1
73.4
113.8
76.8
39.9
56.5
54.4
123.5
179.8
78.7
121.9
84.1
13.2
11.3
13.6
14.2
12.8
13.8
17.6
12.4
14.1
13.1
12.4
12.6
13.1
11.2
13.2
16.3
11.5
13.3
12.0
12.0
11.9
11.8
10.1
12.3
15.2
10.5
12.4
29.5
23.7
24.0
45.0
36.0
57.0
52.0
16.3
22.0
24.0
22.0
41.0
38.0
61.0
51.0
31.5
6.2
3.5
3.7
3.1
2.0
5.9
2.8
1.9
3.9
4.6
3.5
3.4
2.8
2.1
6.3
2.8
3.6
4.0
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
1.2
1.4
1.4
1.3
1.0
1.2
1.4
1.0
1.3
13.8
14.1
16.7
15.3
18.0
14.9
21.1
11.5
15.8
1,548.1
3,014.2
8,423.7
1,798.8
1,052.8
9,317.4
3,861.5
2,572.5
7,415.4
20,436.2
54,670.1
26,298.6
19,055.1
90,378.5
71,592.1
22,637.6
312,483.6
2.45
3.48
3.07
6.87
8.27
4.61
6.41
4.86
2.0
1.9
2.1
2.1
2.2
2.1
2.9
1.8
2.2
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
5.23
7.55
7.74
14.96
18.38
10.20
20.93
9.70
4.08
6.56
6.16
13.70
14.82
9.38
17.48
7.47
1,777
3,397
7,859
634
216
7,149
4,629
1,109
CONSTRUCTION
Gamuda
IJM Corporation
WCT Holdings
Sector
GAM MK
BUY
IJM MK
BUY
WCTHG MK HOLD
5.12
6.92
2.17
7/14
3/14
12/13
630.1
539.0
187.6
1,356.7
712.3 A 745.3
27.1
669.0
729.2
36.5
162.1 200.4 15.4
1,543.4
1,674.9
30.6
45.3
15.7
32.1
49.3
17.9
18.9
19.0
14.1
18.3
16.7
15.3
13.8
15.8
16.0
14.0
12.1
14.7
12.0
25.0
10.0
15.0
14.8
10.0
2.3
3.6
4.6
3.1
2.9
2.1
4.6
2.8
0.32
0.67
0.19
15.5
13.8
11.8
14.2
7.7
4.9
7.5
6.1
13.9
13.4
9.8
13.1
2,324.3
1,480.4
1,089.7
11,900.5
10,244.0
2,364.6
24,509.1
2.36
4.50
2.05
2.2
1.5
1.1
1.7
(13.9)
(33.8)
(56.6)
(26.3)
(31.9)
(56.0)
(66.7)
(48.3)
5.21
6.93
2.50
4.10
5.51
1.97
5,093
3,076
1,413
CONSUMER
BAT
Carlsberg
Guinness Anchor
Nestle
QL Resources
Sector
ROTH MK
CAB MK
GUIN MK
NESZ MK
QLG MK
HOLD
HOLD
HOLD
HOLD
HOLD
69.50
11.10
12.94
68.50
3.44
12/13
12/13
6/14
12/13
3/13
823.7
183.9
217.6
561.7
159.9
1,946.8
925.6
955.5
192.8
206.3
198.1 A 203.6
577.5
610.4
191.7
217.5
2,085.7
2,193.3
288.5
59.8
72.0
239.5
12.8
324.2
62.7
65.6
246.3
15.4
334.6
67.1
67.4
260.3
17.4
24.1
18.6
18.0
28.6
26.8
24.4
21.4
17.7
19.7
27.8
22.4
22.8
20.8
16.6
19.2
26.3
19.7
21.7
281.0
61.0
68.5
235.0
3.1
308.0
60.0
64.0
233.0
3.7
4.0
5.5
5.3
3.4
0.9
3.8
4.4
5.4
4.9
3.4
1.1
3.9
3.17
0.66
0.76
2.86
0.19
18.2
11.8
12.3
11.7
6.5
12.9
57.0
31.5
27.5
39.6
7.5
30.6
165.8
64.2
54.9
71.7
14.7
63.9
285.5
307.6
302.1
234.5
1,248.0
19,844.3
3,414.6
3,909.1
16,063.3
4,293.2
47,524.5
0.53
0.69
1.05
2.81
1.02
n.m.
16.1
12.3
24.4
3.4
10.6
(1.8)
1.9
(2.3)
(2.1)
(11.2)
(2.5)
(71.8)
22.8
(24.4)
(43.3)
(44.0)
(39.7)
73.98
13.54
17.34
69.50
3.59
58.00
10.36
12.34
63.50
2.71
184
126
81
41
563
EXCHANGE
Bursa Malaysia
Sector
BURSA MK
HOLD
8.09
12/13
174.7
174.7
187.5
187.5
199.5
199.5
32.7
35.1
37.4
24.7
24.7
23.0
23.0
21.6
21.6
52.0
53.4
6.4
6.4
6.6
6.6
0.39
36.4
36.4
8.8
8.8
20.5
20.5
533.5
4,316.2
4,316.2
1.18
6.8
6.8
3.6
3.6
18.6
18.6
8.16
7.21
630
GAMING
Berjaya Sports Toto
Genting Bhd
Genting Malaysia
Magnum
Sector
BST MK
GENT MK
GENM MK
MAG MK
HOLD
BUY
HOLD
BUY
3.61
9.75
4.30
2.99
4/14
12/13
12/13
12/13
353.9
1,658.3
1,677.9
338.2
4,028.3
347.5
1,925.8
1,401.1
322.4
3,996.8
348.5
1,999.6
1,499.2
317.8
4,165.1
26.3
44.6
29.6
23.7
25.8
51.8
24.7
22.6
25.9
53.8
26.4
22.3
13.8
21.9
14.5
12.6
17.3
14.0
18.8
17.4
13.2
17.5
14.0
18.1
16.3
13.4
16.7
23.1
12.0
9.5
20.0
25.0
13.8
7.9
20.0
6.4
1.2
2.2
6.7
2.4
6.9
1.4
1.8
6.7
2.2
0.26
0.97
0.38
0.19
7.5
10.6
19.2
9.1
12.2
17.6
2.6
8.7
5.6
4.3
54.5
7.7
11.2
9.2
9.7
1,348.1
3,718.0
5,671.6
1,424.9
4,866.8
36,250.3
24,387.9
4,260.5
69,765.4
n.a.
5.54
1.98
n.a.
n.a.
1.8
2.2
n.a.
2.1
(4.0)
8.8
7.8
(11.8)
6.3
(33.2)
13.6
13.2
(17.1)
10.6
4.03
10.40
4.68
3.31
3.36
8.87
3.84
2.80
936
2,135
3,562
440
564.7
1,643.5
4,323.2
2,012.3 A
1,706.9 A
6,841.9
4,394.9
1,976.2
23,463.6
618.2
1,702.2
4,583.1
2,220.8
1,893.1
7,331.1
4,707.2
2,162.3
25,218.0
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Company
Ticker
Rec
Share Price Last

31 Oct 14 Year
(RM)
End
2013
(RMm)
Net Profit
2014F
(RMm)
2015F
(RMm)
2013
(sen)
EPS
2014F
(sen)
2013
(x)
PE
2014F
(x)
2015F
(sen)
30.7
26.1
29.0
DPS
2013 2014F
(sen)
(sen)
Yield
Hist.
2013 2014F CFPS
(%)
(%) (RM)
2015F
(x)
39.3
29.0
32.6
23.5
20.9
14.1
19.5
22.8
17.6
16.9
19.5
17.8
15.8
15.0
16.5
14.5
7.0
16.0
16.0
9.1
16.4
2.1
1.5
3.3
2.2
2.3
2.0
3.4
2.5
No. of
Shares
(m)
Market Book Price/

Cap. NTA ps NTA ps
(RMm) (RM)
(x)
Net Cash/(Debt) to
Mkt Cap Equity
(%)
(%)
Avg Daily
52-Wk Price
Turnover
High
Low
52-Wk
(RM)
(RM)
('000)
Net
Margin
(%)
ROA
(%)
ROE
(%)
0.35
0.30
0.44
21.1
10.7
7.9
11.8
22.8
13.4
9.7
14.1
27.3
21.4
13.2
19.3
784.5
639.5
620.7
5,491.7
2,941.6
3,035.1
11,468.4
1.29
1.21
2.21
5.4
3.8
2.2
3.6
2.8
(2.5)
2.0
1.2
17.8
(11.4)
4.5
4.8
7.69
4.64
6.12
5.72
3.13
4.48
485
1,048
903
GLOVE MANUFACTURING
Hartalega
HART MK
Kossan Rubber
KRI MK
Top Glove
TOPG MK
Sector
SELL
HOLD
HOLD
7.00
4.60
4.89
3/14
12/13
8/14
233.2
140.6
215.2
589.0
241.1
167.1
180.1 A
588.3
MANUFACTURING
SKP Resources
Sector
SKP MK
BUY
0.72
3/14
29.3
29.3
47.0
47.0
74.1
74.1
3.3
5.2
8.2
22.1
22.1
13.8
13.8
8.7
8.7
9.0
9.0
12.5
12.5
12.5
12.5
0.04
7.1
7.1
10.1
10.1
14.0
14.0
900.0
648.0
648.0
0.26
2.8
2.8
3.0
3.0
9.2
9.2
0.75
0.31
3,882
MEDIA
Astro
Sector
ASTRO MK
BUY
3.30
1/14
461.7
461.7
548.2
548.2
729.3
729.3
8.9
10.5
14.0
37.2
37.2
31.3
31.3
23.5
23.5
9.0
9.0
2.7
2.7
2.7
2.7
0.20
9.4
9.4
6.6
6.6
79.7
79.7
5,201.7
17,165.7
17,165.7
n.a.
n.a.
n.a.
(13.6)
(13.6)
(416.4)
(416.4)
3.70
2.80
2,612
OIL & GAS - HEAVY ENGINEERING

Dialog
DLG MK
BUY
MMHE
MMHE MK HOLD
Sector
1.62
2.27
6/14
12/13
193.3
236.5
429.8
215.9 A
139.3
355.2
306.6
242.5
549.1
3.9
14.8
4.4
8.7
6.2
15.2
41.2
15.4
27.0
36.9
26.1
32.7
26.0
15.0
21.1
3.3
5.0
3.1
6.1
2.0
2.2
1.0
1.9
2.7
1.0
0.05
0.19
8.5
8.2
8.3
7.1
5.0
5.8
14.8
9.3
11.3
4,920.4
1,600.0
7,971.0
3,632.0
11,603.0
0.31
1.57
5.3
1.4
2.9
(5.7)
10.5
(0.7)
(31.4)
14.9
(1.9)
1.96
4.16
1.33
2.18
6,659
554

Bumi Armada
BAB MK
BUY
Perisai Petroleum
PPT MK
BUY
Yinson
YNS MK
HOLD
Sector
1.57
1.11
2.91
12/13
12/13
1/14
431.2
62.0
66.4
559.6
441.2
32.4
118.8
592.4
585.5
132.3
127.4
845.2
7.4
5.2
6.4
7.5
2.7
11.5
10.0
11.1
12.3
21.4
21.4
45.3
24.2
20.9
40.9
25.3
22.9
15.7
10.0
23.6
16.0
3.5
0.0
0.0
4.5
0.0
0.0
2.2
0.0
0.0
1.5
2.9
0.0
0.0
1.9
0.14
0.09
0.09
20.8
64.3
7.1
18.2
5.5
5.6
4.6
5.4
10.6
10.4
16.9
11.1
5,866.3
1,192.7
1,032.8
9,210.0
1,323.9
3,005.4
13,539.4
0.76
0.88
1.11
2.1
1.3
2.6
2.0
(42.4)
(64.8)
(16.9)
(38.9)
(96.4)
(123.8)
(127.2)
(102.5)
2.52
1.73
3.51
1.36
0.93
1.53
3,524
2,892
1,033

BarakahOffshorePetroleum BARAKAHMK BUY
Deleum
DLUM MK
BUY
SapuraKencanaPetroleum SAKP MK
BUY
Uzma
UZMA MK
BUY
Sector
1.32
2.02
3.41
3.45
9/13
12/13
1/14
12/13
41.1
49.6
1,017.4
33.6
1,141.7
78.8
56.9
1,380.4
48.6
1,564.7
115.2
68.3
1,666.4
63.8
1,913.7
6.6
12.4
17.0
12.7
12.6
14.2
23.0
18.4
18.4
17.1
27.8
24.2
20.2
16.3
20.1
27.1
20.1
10.5
14.2
14.8
18.7
14.7
7.2
11.8
12.3
14.3
12.0
0.0
17.0
0.0
0.0
0.0
7.1
0.0
0.0
0.0
8.4
0.0
0.0
0.3
0.0
3.5
0.0
0.0
0.1
0.09
0.16
0.29
0.14
13.7
10.2
13.0
8.2
12.7
9.3
10.8
5.2
14.8
5.5
27.0
21.6
13.1
28.1
13.8
627.4
400.0
5,992.2
264.0
828.2
808.0
20,433.2
910.8
22,980.2
0.49
0.62
0.58
0.55
2.7
3.3
5.9
6.3
5.5
(3.4)
(0.6)
(66.8)
(4.7)
(59.7)
(18.8)
(2.0)
(165.0)
(35.5)
(156.5)
1.90
2.63
4.95
4.28
0.95
1.47
3.16
2.47
4,762
309
10,145
311

MISC
MISC MK
Sector
HOLD
6.86
12/13
1,585.4
1,585.4
1,595.0
1,595.0
1,829.6
1,829.6
35.5
35.7
41.0
19.3
19.3
19.2
19.2
16.7
16.7
5.0
10.7
0.7
0.7
1.6
1.6
0.77
23.2
23.2
10.3
10.3
9.1
9.1
4,463.8
30,621.6
30,621.6
5.33
1.3
1.3
(17.4)
(17.4)
(23.2)
(23.2)
7.10
4.96
2,409
PLANTATION
Genting Plantations
IJM Plantations
IOI Corporation*
Kuala Lumpur Kepong
Sime Darby
Sector
SELL
SELL
SELL
HOLD
HOLD
10.58
3.59
4.89
23.00
9.68
12/13
3/14
6/13
9/13
6/13
328.2
109.5
1,276.5
891.7
3,230.1
5,836.0
324.6
129.9
1,255.7 A
1,105.3
3,135.8 A
5,951.3
428.0
161.7
1,640.7
1,346.1
3,101.8
6,678.3
42.7
13.1
20.1
83.7
53.3
42.2
15.4
19.7
103.8
51.7
55.6
19.1
25.8
126.4
51.2
24.8
27.4
24.4
27.5
18.2
21.5
25.1
23.3
24.8
22.2
18.7
21.1
19.0
18.8
19.0
18.2
18.9
18.8
35.8
7.0
15.5
50.0
34.0
12.8
7.7
20.0
52.0
36.0
3.4
1.9
3.2
2.2
3.5
3.1
1.2
2.1
4.1
2.3
3.7
3.3
0.38
0.15
0.57
1.18
0.69
16.5
13.7
28.3
10.6
6.9
11.4
4.8
4.1
14.4
8.4
6.1
8.4
6.7
6.4
25.7
13.2
10.8
14.4
769.5
829.0
6,361.6
1,065.0
6,064.1
8,141.5
2,976.0
31,108.3
24,494.2
58,700.6
125,420.6
4.54
1.65
0.88
7.00
4.52
2.3
2.2
5.6
3.3
2.1
2.8
1.1
(7.7)
(11.4)
(5.8)
(11.6)
(9.5)
2.6
(16.5)
(26.9)
(19.4)
(24.4)
(22.4)
11.78
4.03
5.36
25.28
9.97
9.62
3.11
4.09
19.60
8.69
397
510
6,647
663
6,171
GENP MK
IJMP MK
IOI MK
KLK MK
SIME MK
308.1
29.7
185.7
22.0
202.5 34.7
696.3
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Company
Ticker
Rec
POWER
Tenaga Nasional
TNB MK
BUY
Share Price Last

31 Oct 14 Year
(RM)
End
13.36
2013
(RMm)
8/14 4,862.6
Sector
Net Profit
2014F
(RMm)
2015F
(RMm)
5,431.7 A 5,714.3
4,862.6
5,431.7
5,714.3
2013
(sen)
EPS
2014F
(sen)
2015F
(sen)
86.2
96.2
101.3
2013
(x)
PE
2014F
(x)
2015F
(x)
DPS
2013 2014F
(sen)
(sen)
25.0
15.5
13.9
13.2
15.5
13.9
13.2
29.0
Yield
Hist.
2013 2014F CFPS
(%)
(%) (RM)
1.9
2.2
4.6
5.3
2.01
Net
Margin
(%)
ROA
(%)
ROE
(%)
No. of
Shares
(m)
5,643.6
15.1
6.1
16.0
15.1
6.1
16.0
Market Book Price/

Cap. NTA ps NTA ps
(RMm) (RM)
(x)
75,398.6
7.66
75,398.6
Net Cash/(Debt) to
Mkt Cap Equity
(%)
(%)
1.7
(23.0)
(42.9)
1.7
(23.0)
(42.9)
Avg Daily
52-Wk Price
Turnover
High
Low
52-Wk
(RM)
(RM)
('000)
13.46
9.38
8,892
PROPERTY
Mah Sing
MSGB MK
HOLD
2.38
12/13
280.6
332.2
412.4
19.0
22.5
27.9
12.5
10.6
8.5
8.0
9.2
3.4
3.9
0.20
14.0
6.9
17.6
1,475.7
3,512.2
1.39
1.7
(4.0)
(8.9)
2.60
1.99
1,534
MRCB
MRC MK
BUY
1.58
12/13
(119.2)
68.3
113.3
(6.8)
3.9
6.4
n.m
40.7
24.5
0.0
2.0
0.0
1.3
(0.03)
n.m.
n.m.
n.m.
1,760.2
2,781.1
0.98
1.6
(97.6)
(175.7)
1.79
1.23
2,250
SP Setia
SPSB MK
HOLD
3.29
10/13
467.1
410.6
581.7
18.4
16.2
22.9
17.9
20.3
14.4
14.0
14.0
4.3
4.3
0.17
13.7
3.8
15.0
2,538.3
8,351.1
2.29
1.4
(20.3)
(60.8)
3.65
2.70
1,074
Sunsuria
SSR MK
HOLD
1.33
3/14
3.1
22.3
20.2
2.0
14.1
12.8
67.9
9.4
10.4
0.0
0.0
0.0
0.0
0.03
10.1
4.4
4.5
158.4
210.6
0.56
2.4
15.6
41.4
1.75
0.77
1,222
Sunway Bhd
SWB MK
BUY
3.45
12/13
482.7
514.0
545.2
31.7
30.3
31.9
10.9
11.4
10.8
10.0
10.0
2.9
2.9
0.92
28.1
12.8
35.1
1,722.1
5,941.2
3.03
1.1
(29.2)
(40.5)
3.67
2.54
778
Tropicana Corporation TRCB MK
HOLD
1.31
12/13
144.7
140.1
169.0
12.2
10.3
11.1
10.7
12.7
11.8
5.0
5.0
3.8
3.8
0.25
24.6
7.2
15.5
1,372.3
1,797.7
1.89
0.7
(89.6)
(69.0)
1.66
1.16
1,679
UEM Sunrise
HOLD
1.88
12/13
9.5
11.9
12.5
19.7
15.8
15.0
3.0
3.0
1.6
1.6
0.14
23.9
6.2
10.2
4,537.4
8,530.4
1.18
2.42
1.65
3,599
18.4
15.3
12.9
2.7
2.9
19.9
6.4
16.6
UEMS MK
Sector
433.1
541.2
568.6
1,692.1
2,028.7
2,410.4
31,124.3
1.6
(15.3)
(23.0)
1.4
(29.4)
(50.1)
REITs
Axis REIT
AXRB MK
HOLD
3.69
12/13
84.0
91.3
95.8
18.1
19.7
20.7
20.4
18.7
17.9
18.6
19.1
5.0
5.2
0.24
77.5
6.9
11.0
463.7
1,711.1
2.23
1.7
(14.0)
(23.8)
3.70
2.80
402
CapitalMallsMalaysiaTrust CMMT MK
BUY
1.44
12/13
148.5
153.3
159.8
8.3
8.6
9.0
17.3
16.7
16.0
8.9
9.2
6.2
6.4
0.13
75.3
7.2
10.6
1,779.0
2,561.7
1.23
1.2
(32.5)
(38.5)
1.54
1.32
1,048
IGB REIT
IGBREIT MK HOLD
1.32
12/13
206.9
218.0
224.2
6.0
6.3
6.5
22.0
20.8
20.3
6.7
6.8
5.1
5.2
0.09
72.4
6.3
8.8
3,441.4
4,542.6
1.09
1.2
(23.4)
(30.1)
1.33
1.12
1,298
KLCC Property
KLCCSS MK HOLD
6.88
12/13
631.7
704.0
740.0
35.0
39.0
41.0
19.7
17.6
16.8
30.0
33.0
4.4
4.8
0.46
64.6
5.2
8.2
1,805.3
12,420.7
6.49
1.1
(10.4)
(12.8)
7.00
5.47
935
Pavilion REIT
PREIT MK
BUY
1.50
12/13
213.9
221.9
226.3
7.1
7.4
7.5
21.1
20.4
20.0
6.9
7.7
4.6
5.1
0.11
87.1
7.6
9.6
3,013.8
4,520.7
1.15
1.3
(12.3)
(16.3)
1.51
1.23
858
Sunway REIT
SREIT MK
BUY
1.53
6/14
218.8
232.0 A
256.1
7.5
7.9
8.7
20.5
19.3
17.5
8.3
8.1
5.4
5.3
0.14
98.6
7.6
11.4
2,931.0
4,484.4
1.24
1.2
(37.6)
(46.9)
1.60
1.22
1,318
20.1
18.7
17.8
4.7
5.0
75.1
6.2
9.3
1.2
(18.8)
(23.9)
Sector
1,503.8
1,620.5
1,702.2
30,241.2
TELECOMMUNICATIONS
Axiata
Axiata MK
HOLD
7.05
12/13 2,659.1
2,716.1
3,079.3
31.0
31.7
35.9
22.7
22.3
19.6
22.0
22.4
3.1
3.2
0.65
12.2
5.2
11.3
8,578.0
60,475.0
0.79
8.9
(16.3)
(49.8)
7.19
6.38
9,379
DiGi.Com
DIGI MK
BUY
6.19
12/13 1,787.2
1,967.8
2,277.5
23.0
25.3
29.3
26.9
24.5
21.1
21.0
25.3
3.4
4.1
0.31
25.3
43.9
369.9
7,775.0
48,127.3
n.a.
n.a.
(0.7)
(73.4)
6.19
4.56
8,715
Maxis
Maxis MK
HOLD
6.74
12/13 2,093.5
Telekom Malaysia
T MK
SELL
7.20
12/13
2,056.4
2,286.6
27.9
27.4
30.5
24.2
24.6
22.1
40.0
40.0
5.9
5.9
0.39
19.4
10.0
27.0
7,506.2
50,591.5
n.a.
n.a.
(14.3)
(111.2)
7.30
6.21
4,380
785.9
867.0
934.8
21.1
23.3
25.1
34.1
30.9
28.6
26.0
22.0
3.6
3.1
0.97
9.5
4.7
14.4
3,719.4
26,779.5
1.92
3.8
(15.3)
(58.5)
7.22
5.05
7,111
Sector
7,325.7
7,607.3
8,578.2
25.4
24.4
21.7
4.0
4.1
15.0
7.8
19.9
185,973.2
13.4
(11.6)
(63.7)
OVERALL
57.5 b
60.9 b
67.2 b
18.2
17.1
15.6
3.3
3.4
21.8
2.6
14.7
1,045.3 b
2.6
(10.5)
(25.3)
Note: If year end is before June, earnings are shown in the previous period.
* IOI Corporation: Earnings adjusted for demerger exercise
M a l a y s i a
C o r p o r a t e
Economics
November 2014
G u i d e
2012
2013
2014F
2015F
4Q13
1Q14
2Q14
3Q14
Jun 14
Jul 14
Aug 14
Sep 14
GDP by Sector (Real) (yoy % chg)

GDP
Agriculture
Mining & Quarrying
Manufacturing
Construction
Services
Utilities
Transport & Communications
Commerce
Finance & Business Services
Government Services
Other Services
5.6
1.3
1.0
4.8
18.6
6.4
4.3
7.2
4.7
7.6
9.4
3.9
4.7
2.1
0.7
3.5
10.9
5.9
4.1
7.4
6.3
3.9
8.3
5.1
5.9
2.4
3.7
6.8
10.8
5.9
4.0
7.0
7.8
4.0
6.2
5.0
5.2
2.0
1.6
4.8
8.5
6.1
5.0
7.1
7.3
5.2
7.0
5.3
5.1
0.2
(1.2)
5.2
9.8
6.4
4.4
8.0
8.0
3.3
8.6
5.1
6.2
2.3
(0.8)
6.8
18.9
6.6
3.2
7.6
8.2
4.8
7.7
4.8
6.4
7.1
2.1
7.3
9.9
6.0
2.7
7.3
8.6
3.2
6.6
4.5
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
External Trade
Exports of Goods (yoy % chg)
Imports of Goods (yoy % chg)
Trade Balance (RMb)
Current Account Balance (RMb)
0.7
5.8
96.0
54.5
2.5
6.9
71.3
39.9
9.0
8.0
82.0
57.0
5.4
5.8
84.0
55.0
10.4
11.4
28.3
14.8
10.7
5.5
26.3
19.8
14.4
8.5
18.5
16.0
n.a.
n.a.
n.a.
n.a.
8.1
9.0
4.1
n.a.
0.8
(0.7)
3.6
n.a.
1.7
7.6
3.9
n.a.
n.a.
n.a.
n.a.
n.a.
Monetary Data (end of period)

Loans (yoy % chg)
M1 Growth (yoy % chg)
M2 Growth (yoy % chg)
Overnight Policy Rate (%)
3-month Interbank Rate (%)
Base Lending Rate (%)
Exchange Rates (RM/US$)
Foreign Reserves (RMb)
11.1
11.9
9.7
3.00
3.21
6.60
3.06
427.2
11.2
13.0
8.4
3.00
3.32
6.60
3.28
441.9
10.0
10.0
8.0
3.25
3.60
6.85
3.27
460.0
9.0
9.0
8.0
3.50
3.80
7.10
3.30
480.0
11.2
13.0
8.4
3.00
3.32
6.60
3.28
441.9
10.4
11.4
6.3
3.00
3.33
6.60
3.26
424.6
9.5
10.2
5.7
3.00
3.55
6.60
3.21
423.6
9.2
4.3
4.5
3.25
3.74
6.85
3.28
416.9
9.5
10.2
5.7
3.00
3.55
6.60
3.21
423.6
8.8
9.1
5.6
3.25
3.60
6.85
3.20
423.5
8.8
10.6
5.6
3.25
3.71
6.85
3.15
424.2
9.2
4.3
4.5
3.25
3.74
6.85
3.28
416.9
4.2
1.7
3.4
2.1
6.3
3.3
4.0
4.3
2.9
3.0
4.7
3.5
5.9
3.3
n.a.
3.0
6.9
3.3
0.6
3.2
6.5
3.3
n.a.
2.6
Other Macro Variables (yoy % chg)

Industrial Production Index
Inflation
Source: CEIC, UOB Economic-Treasury Research
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Ranking By Market Parameters

Highest PE (x)
Forward
Highest P/NTA (x)
Historical
Highest Dividend Yield (%) Historical
Highest 90 days Volatility (%)
Highest Market Cap (RMm)
Malaysia Airports
122.6
Nestle
24.4
Berjaya Sports Toto
6.9
Deleum
48.7
Maybank
90,379
Perisai Petroleum
40.9
Carlsberg
16.1
Magnum
6.7
SKP Resources
46.9
Tenaga Nasional
75,399
MRCB
40.7
Guinness Anchor
12.3
Bursa Malaysia
6.6
Bumi Armada
45.6
Public Bank
71,592
Dialog
36.9
Axiata
8.9
CapitalMalls Malaysia Trust
6.4
Barakah Offshore Petroleum
39.8
Axiata
60,475
Astro
31.3
Bursa Malaysia
6.8
Maybank
6.3
Uzma
39.7
Sime Darby
58,701
Telekom Malaysia
30.9
Uzma
6.3
Maxis
5.9
Perisai Petroleum
38.8
CIMB Group
54,670
Nestle
27.8
5.9
Carlsberg
5.4
Yinson
37.5
Maxis
50,592
MMHE
26.1
IOI Corp
5.6
Sunway REIT
5.3
Dialog
35.0
DiGi
48,127
Yinson
25.3
Hartalega
5.4
Axis REIT
5.2
MMHE
32.7
Genting Bhd
36,250
Genting Plantations
25.1
Dialog
5.3
IGB REIT
5.2
31.0
IOI Corp
31,108
Lowest PE (x)
Forward
Lowest P/NTA (x)
Historical
Lowest Dividend Yield (%)
Historical
Lowest 90 days Volatility (%)
Lowest Market Cap (RMm)
Sunsuria
9.4
Tropicana Corp
0.7
0.0
Axiata
6.7
Malaysia Aica
211
AirAsia
9.6
WCT Holdings
1.1
Perisai Petroleum
0.0
Maybank
8.3
SKP Resources
648
10.5
KLCC Property
1.1
Sunsuria
0.0
IJM Corp
9.5
Deleum
808
Mah Sing
10.6
Sunway Bhd
1.1
Yinson
0.0
Guinness Anchor
9.9
828
11.2
1.2
Uzma
0.0
Public Bank
10.0
Uzma
911
Sunway Bhd
11.4
IGB REIT
1.2
0.0
Sime Darby
10.3
Perisai Petroleum
1,324
RHB Capital
11.5
Sunway REIT
1.2
QL Resouces
1.1
Telekom Malaysia
10.8
Axis REIT
1,711
AMMB Holdings
12.4
Perisai Petroleum
1.3
Genting Plantations
1.2
Tenaga Nasional
11.4
Tropicana Corp
1,798
CIMB Group
12.6
MISC
1.3
MRCB
1.3
Hong Leong Bank
11.7
WCT Holdings
2,365
Tropicana Corp
12.7
Pavilion REIT
1.3
Genting Bhd
1.4
DiGi
12.3
2,562
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Performance At A Glance
Company
AUTOMOBILE
UMW Holdings
Sector
AVIATION
AirAsia
Malaysia Airports
Sector
BANKING
Alliance Financial
AMMB Holdings
CIMB Group
Hong Leong Bank
Maybank
Public Bank
RHB Capital
Sector
Share Price (RM)

30 Sep 14
31 Oct 14
-------------- % Change -------------mom

yoy
ytd
Company
EXCHANGE
Bursa Malaysia
Sector
8.06
8.09
0.4
0.4
0.6
0.6
(1.7)
(1.7)
GAMING
Berjaya Sports Toto
Genting Bhd
Genting Malaysia
Magnum
Sector
3.82
9.49
4.18
3.00
3.61
9.75
4.30
2.99
(5.5)
2.7
2.9
(0.3)
2.0
(9.2)
(7.0)
(0.5)
(9.7)
(5.1)
(8.8)
(5.0)
(1.8)
(5.4)
(4.2)
GLOVE MANUFACTURING
Hartalega
Kossan Rubber
Top Glove
Sector
7.08
4.43
4.95
7.00
4.60
4.89
(1.1)
3.8
(1.2)
0.1
(3.2)
44.0
(14.4)
1.9
(3.2)
6.5
(13.1)
(3.9)
MANUFACTURING
SKP Resources
Sector
0.71
0.72
1.4
1.4
108.7
108.7
132.3
132.3
MEDIA
Astro
Sector
3.35
3.30
(1.5)
(1.5)
13.8
13.8
10.0
10.0
OIL & GAS - HEAVY ENGINEEING

Dialog
MMHE
Sector
1.72
3.00
1.62
2.27
(5.8)
(24.3)
(12.5)
18.8
(41.5)
(16.7)
(8.8)
(35.1)
(20.0)
12.26
11.68
(4.7)
(4.7)
(8.8)
(8.8)
(3.2)
(3.2)
2.53
7.49
2.50
7.22
(1.2)
(3.6)
(2.6)
(6.7)
(14.1)
(11.3)
13.6
(19.8)
(8.2)
4.99
6.87
7.03
17.60
14.62
9.96
18.90
8.83
4.79
6.78
6.49
18.10
14.62
9.70
18.54
8.80
(4.0)
(1.3)
(7.7)
2.8
0.0
(2.6)
(1.9)
(0.3)
(2.6)
(7.7)
(8.3)
(13.1)
19.7
2.4
(0.6)
4.5
11.5
(0.8)
0.6
(6.4)
(14.8)
16.9
1.5
(2.4)
(1.4)
11.4
(2.7)
6.2
7.0
0.5
5.9
5.1
19.3
(10.6)
8.5
6.7
17.7
6.9
11.0
(1.4)
(7.3)
0.9
3.2
0.3
(0.0)
9.4
(13.3)
(25.2)
0.7
24.5
2.3
8.4
(8.9)
(19.1)
0.7
21.1
3.1
CONSTRUCTION
Gamuda
IJM Corp
WCT Holdings
Sector
4.82
6.47
2.16
CONSUMER
BAT
Carlsberg
Guinness Anchor
Nestle
QL Resources
Sector
70.50
11.98
12.82
66.40
3.43
5.12
6.92
2.17
69.50
11.10
12.94
68.50
3.44
Share Price (RM)

30 Sep 14
31 Oct 14
-------------- % Change -------------mom

yoy
ytd
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Company
Share Price (RM)

30 Sep 14
31 Oct 14
-------------- % Change -------------mom

yoy
ytd

Bumi Armada
1.90
Perisai Petroleum
1.27
Yinson
3.26
Sector
1.57
1.11
2.91
(17.4)
(12.6)
(10.7)
(15.5)
(35.2)
(21.3)
88.6
(21.7)
(36.4)
(30.2)
35.5
(25.5)

Deleum
Uzma
Sector
1.41
2.26
4.12
3.82
1.32
2.02
3.41
3.45
(6.4)
(10.6)
(17.2)
(9.7)
(16.4)
n.a
17.1
(14.8)
27.5
(12.2)
(13.7)
22.4
(30.4)
24.3
(28.4)

MISC
Sector
6.75
6.86
1.6
1.6
34.2
34.2
20.4
20.4
PLANTATION
Genting Plantations
IJM Plantations
IOI Corp
Kuala Lumpur Kepong
Sime Darby
Sector
9.93
3.65
4.81
21.08
9.15
10.58
3.59
4.89
23.00
9.68
6.5
(1.6)
1.7
9.1
5.8
5.2
(2.8)
10.8
10.4
(0.4)
1.6
3.1
(4.2)
1.1
3.8
(7.6)
1.7
(0.2)
POWER
Tenaga Nasional
Sector
12.38
13.36
7.9
7.9
41.7
41.7
17.4
17.4
Company
Share Price (RM)

30 Sep 14
31 Oct 14
-------------- % Change -------------mom

yoy
ytd
PROPERTY
Mah Sing
MRCB
SP Setia
Sunsuria
Sunway
Tropicana Corp
UEM Sunrise
Sector
2.43
1.64
3.44
1.28
3.44
1.27
1.82
2.38
1.58
3.29
1.33
3.45
1.31
1.88
(2.1)
(3.7)
(4.4)
3.9
0.3
3.1
3.3
(0.7)
6.2
10.5
7.2
26.7
23.7
(9.7)
(19.7)
(0.3)
5.3
22.5
9.3
48.6
26.8
7.4
(20.3)
1.9
REIT
Axis REIT
IGB REIT
KLCC Property
Pavilion REIT
Sunway REIT
Sector
3.62
1.43
1.32
6.64
1.46
1.53
3.69
1.44
1.32
6.88
1.50
1.53
1.9
0.7
0.0
3.6
2.7
0.0
2.0
8.5
(4.6)
10.0
6.7
11.1
15.0
8.0
25.9
2.9
10.9
17.6
17.2
23.4
16.3
TELECOMMUNICATIONS
Axiata
DiGi
Maxis
Telekom Malaysia
Sector
7.00
5.85
6.48
6.60
7.05
6.19
6.74
7.20
0.7
5.8
4.0
9.1
4.0
2.6
23.8
(6.3)
37.4
8.5
2.2
24.8
(7.3)
29.7
7.5
0.4
3.7
0.8
OVERALL
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
(31 Dec 13=100)
105
Automobile
(31 Dec 13=100)

105
Aviation
(31 Dec 13=100)

103
FBMKLCI
FBMKLCI
101
100
95
95
Av iation
90
90
85
80
Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Construction
Construction
107
95
(31 Dec 13=100)

107
105
Consumer
(31 Dec 13=100)

102
100
Consumer
Exchange
FBMKLCI
98
103
105
96
103
101
101
99
FBMKLCI
98
96
Automobile
109
99
97
85
(31 Dec 13=100)

111
Banking
102
100
100
Banking
94
FBMKLCI
97
99
97
95
93
FBMKLCI
90
95
92
Ex change
88
10
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
(31 Dec 13=100)
102
Gaming
(31 Dec 13=100)

105
FBMKLCI
Glove Manufacturing
(31 Dec 13=100)

250
FBMKLCI
100
230
100
Gaming
170
90
92
85
90
150
130
Glov e Manufacturing
FBMKLCI
110
88
80
(31 Dec 13=100)

125
120
190
95
94
Manufacturing
210
98
96
Media
Media
90
Oil & Gas - Heavy Engineering
Oil & Gas - Offshore Asset Owners
(31 Dec 13=100)

110
(31 Dec 13=100)

110
FBMKLCI
105
100
115
Manufacturing
FBMKLCI
100
90
95
110
90
105
85
100
FBMKLCI
95
80
Oil & Gas - Heav y Engineering

70
80
75
Oil & Gas - Offshore Asset Ow ners
60
11
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
(31 Dec 13=100)

105
(31 Dec 13=100)

125
FBMKLCI
120
95
(31 Dec 13=100)

105
103
101
115
99
85
110
95
100
93
FBMKLCI
(31 Dec 13=100)

118
Power
106
Pow er
110
Property
(31 Dec 13=100)

118
Property
110
100
98
102
REITs
114
104
102
106
(31 Dec 13=100)

108
114
Plantation
91
95
FBMKLCI
97
105
75
65
Plantation
REITs
106
FBMKLCI
102
96
98
FBMKLCI
94
98
94
92
FBMKLCI
94
12
M a l a y s i a
C o r p o r a t e
G u i d e
November 2014
(31 Dec 13=100)
108
Telecommunications
106
104
Telecommunications
102
100
98
FBMKLCI
96
94
13
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Warrants
31 Oct 14
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
AGRICULTURE
Genting Plantations 2019
IJM Plantations 2014
Kulim 2016
Muar Ban Lee Group 2022
2.70
0.565
0.88
0.275
7.75
2.62
3.13
0.80
10.58
3.59
3.42
0.91
10.45
3.19
4.01
1.08
(1.2)
(11.3)
17.3
18.1
BUILDING MATERIAL
BTM Resources 2019
BTM Resources 2024
DPS Resource 2018
Harvest Court 2019
Harvest Court 2023
Java Inc 2014
Kia Lim 2016
Lion Corp 2019
Malaysia Steel 2015
Priceworth 2016
SWS Capita 2015
0.075
0.11
0.055
0.14
0.135
0.005
0.15
0.03
0.40
0.115
0.225
0.94
0.20
0.54
0.25
0.25
1.00
1.00
1.00
0.67
0.50
0.80
0.195
0.195
0.14
0.24
0.24
0.24
0.52
0.07
1.01
0.225
0.81
1.02
0.31
0.60
0.39
0.39
1.01
1.15
1.03
1.07
0.62
1.03
CONSTRUCTION
Ahmad Zaki Resources 2024
Crest Builder 2015
Fajarbaru Builder 2019
Gadang 2015
Gamuda 2015
Jetson 2019
Kimlun 2024
Kumpulan Europlus 2016
MBSB 2016
PJI Holdings 2016
Resintech 2016
TRC Synergy 2016
TRC Synergy 2017
0.37
0.475
0.165
0.81
2.42
0.205
0.435
0.34
1.60
0.04
0.08
0.125
0.15
0.70
1.00
0.70
1.00
2.66
0.75
1.68
1.18
1.00
0.13
0.50
0.61
1.00
0.715
1.50
0.465
1.71
5.12
0.48
1.40
1.05
2.59
0.10
0.32
0.495
0.495
1.07
1.48
0.87
1.81
5.08
0.96
2.12
1.52
2.60
0.17
0.58
0.74
1.15
Warrant
Premium
Gearing
(%)
(x)
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
3.9
6.4
3.9
3.3
4.90
1.21
0.97
0.44
2.40
0.45
0.635
0.22
139.2
80.1
156.2
46.0
4.6
0.0
1.3
8.1
17/06/19
07/11/14
26/02/16
28/11/22
420.5
59.0
325.0
62.5
60.4
318.8
121.2
1371.4
5.9
173.3
26.5
2.6
1.8
2.5
1.7
1.8
48.0
3.5
2.3
2.5
2.0
3.6
0.13
0.13
0.10
0.245
0.22
0.21
0.155
0.07
0.515
0.155
0.30
0.05
0.105
0.035
0.105
0.11
0.005
0.13
0.02
0.315
0.045
0.03
18.6
32.6
66.0
80.7
33.2
24.6
4.1
36.7
105.4
86.9
21.1
5.1
10.0
3.2
5.1
8.8
0.1
1.3
4.5
1.0
1.5
1.1
20/12/19
23/10/24
03/01/18
19/11/19
25/08/23
28/11/14
05/02/16
14/04/19
26/10/15
24/04/16
11/12/15
49.7
(1.7)
86.0
5.8
(0.8)
99.0
51.1
44.8
0.4
70.0
81.3
48.5
132.3
1.9
3.2
2.8
2.1
2.1
2.3
3.2
3.1
1.6
2.5
4.0
4.0
3.3
0.48
0.89
0.195
1.16
2.51
0.35
0.625
0.40
1.80
0.08
0.135
0.185
0.22
0.265
0.35
0.14
0.32
1.82
0.18
0.305
0.29
1.15
0.03
0.05
0.095
0.125
103.3
41.3
109.6
19.7
252.3
34.2
60.1
214.9
506.4
304.5
68.6
93.5
36.9
9.5
1.0
4.9
0.9
0.6
4.3
10.1
1.8
1.6
1.4
1.9
1.7
2.2
13/05/24
21/10/15
24/09/19
29/09/15
25/05/15
06/02/19
03/12/24
26/08/16
31/05/16
27/03/16
26/09/16
14/07/16
20/01/17
14
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Warrants
31 Oct 14
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
Warrant
Premium
Gearing
(%)
(x)
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Unimech 2018
WCT Holdings 2016
WCT Holdings 2017
Zecon 2017
CONSUMER
Asia Media 2018
Berjaya Food 2017
Biosis Group 2020
Careplus Group 2016
China Stationery 2017
DBE Gurney Resource 2016
EG Industries 2015
Farm's Best 2018
Fiamma 2018
Hovid 2018
Guan Chong 2016
Kuantan Flour 2016
Niche Capital 2017
Malayan Flour 2017
Spritzer 2016
Takaso 2016
Voir Holding 2024
Xidelang Holding 2015
Xidelang Holding 2017
Xingquan Internatinal 2019
Voir Holdings 2024
0.37
0.365
0.395
0.30
1.50
2.04
2.25
1.06
1.66
2.17
2.17
0.995
1.87
2.41
2.65
1.36
12.7
10.8
21.9
36.7
4.5
5.9
5.5
3.3
0.50
0.505
0.465
0.39
0.33
0.315
0.34
0.085
60.4
157.3
164.8
44.2
3.9
1.4
3.1
2.3
18/09/18
10/03/16
11/12/17
05/03/17
0.03
2.20
0.025
0.19
0.03
0.035
0.18
0.21
1.40
0.245
0.245
0.175
0.165
0.625
0.93
0.19
0.13
0.02
0.055
0.10
0.13
0.22
0.70
0.50
0.49
1.15
0.10
1.00
1.00
1.00
0.18
1.34
0.51
0.16
2.06
1.18
0.35
0.50
0.35
0.35
1.00
0.50
0.08
2.83
0.14
0.49
0.105
0.07
0.59
0.73
2.19
0.395
1.10
0.515
0.065
1.87
2.11
0.62
0.485
0.15
0.15
0.44
0.485
0.25
2.90
0.53
0.68
1.18
0.14
1.18
1.21
2.40
0.43
1.59
0.69
0.33
2.69
2.11
0.54
0.63
0.37
0.41
1.10
0.63
212.5
2.5
275.0
38.8
1023.8
92.9
100.0
65.8
9.6
7.6
44.1
33.0
400.0
43.6
0.0
(12.9)
29.9
146.7
170.0
150.0
29.9
2.7
1.3
5.6
2.6
3.5
2.0
3.3
3.5
1.6
1.6
4.5
2.9
0.4
3.0
2.3
3.3
3.7
7.5
2.7
4.4
3.7
0.055
2.50
0.05
0.23
0.065
0.04
0.445
0.275
1.40
0.385
0.465
0.185
0.19
0.84
1.18
0.235
0.21
0.285
0.16
0.21
0.21
0.025
0.685
0.015
0.065
0.015
0.02
0.05
0.175
0.66
0.155
0.20
0.06
0.105
0.275
0.55
0.09
0.12
0.01
0.04
0.08
0.12
412.0
115.1
40.0
105.0
596.3
200.0
16.7
27.8
52.4
381.0
89.7
37.2
53.1
107.6
32.7
56.4
60.0
242.0
181.5
169.0
60.0
3.2
2.8
5.8
1.8
2.9
1.4
0.6
3.7
4.1
3.6
1.3
2.0
2.8
2.5
2.1
1.8
9.4
0.5
2.2
4.9
9.4
01/01/18
08/08/17
24/08/20
09/08/16
18/09/17
22/03/16
16/06/15
14/07/18
26/11/18
05/06/18
16/02/16
19/10/16
09/08/17
09/05/17
13/12/16
04/09/16
31/03/24
25/04/15
22/01/17
24/09/19
31/03/24
FINANCE
BIMB 2023
MBSB 2016
0.57
1.60
4.72
1.00
4.27
2.59
5.29
2.60
23.9
0.4
7.5
1.6
0.905
1.80
0.305
1.15
426.7
509.0
9.1
1.6
04/12/23
31/05/16
GAMING
Genting Bhd 2018
2.70
7.96
9.75
10.66
9.3
3.6
3.88
2.56
764.2
4.1
18/12/18
15
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Warrants
31 Oct 14
INDUSTRIAL
ABRIC 2016
Astral Supreme 2016
Astral Supreme 2018
Bright Packaging 2019
Boon Koon Group 2023
China Automobile Parts 2016
Chuan Huat 2016
Destini 2016
Ewein 2017
Furniweb Industrial 2019
Fututech 2017
GBH 2020
AbleGroup
Hap Seng Conso 2016
Hartalega 2015
Heveaboard 2020
Hiap Teck 2017
Ho Wah Genting 2015
Inari 2018
Integrated Rubber 2015
Ire-tex Corporation 100619
Jadi Image 2015
Johore Tin 2017
KBB Resources 2019
Luster Industries 2022
Luster Industries 2023
MBM Resources 2017
Mclean Technology 2016
ML Global 2019
Muar Ban Lee 2022
PA Resources 2015
Pensonic 2024
Perwaja 2022
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.355
0.055
0.05
0.175
0.07
0.06
0.31
0.34
0.18
0.37
0.49
0.75
0.075
2.73
2.76
1.10
0.28
0.03
2.57
0.255
0.11
0.04
0.25
0.04
0.055
0.06
0.40
0.075
0.225
0.275
0.025
0.16
0.05
0.30
0.20
0.20
0.82
0.20
0.35
0.50
0.40
0.61
0.75
1.00
1.00
0.15
1.65
4.02
1.00
0.69
0.20
0.38
0.25
0.80
0.17
2.28
0.20
0.10
0.10
3.20
0.52
0.50
0.80
0.50
0.60
1.00
0.66
0.15
0.15
0.50
0.13
0.33
0.68
0.605
0.525
0.795
1.18
1.60
0.16
4.40
7.0
1.83
0.74
0.18
3.0
0.67
0.44
0.155
1.55
0.14
0.10
0.10
2.86
0.21
0.44
0.91
0.10
0.445
0.13
0.66
0.26
0.25
1.00
0.27
0.41
0.81
0.74
0.79
1.12
1.49
1.75
0.23
4.38
6.78
2.10
0.97
0.23
2.95
0.51
0.91
0.21
2.53
0.24
0.16
0.16
3.60
0.60
0.73
1.08
0.53
0.76
1.05
Warrant
Premium
Gearing
(%)
(x)
(0.8)
70.0
66.7
99.0
107.7
24.2
19.1
22.3
50.5
40.9
26.3
9.4
40.6
(0.5)
(3.1)
14.8
31.1
27.8
(1.7)
(24.6)
106.8
35.5
63.2
71.4
55.0
60.0
25.9
183.3
64.8
18.1
425.0
70.8
707.7
1.9
2.7
3.0
2.9
1.9
5.5
2.2
1.8
2.9
2.1
2.4
2.1
2.1
1.6
2.5
1.7
2.6
6.0
1.2
2.6
4.0
3.9
6.2
3.5
1.8
1.7
7.2
2.8
2.0
3.3
4.0
2.8
2.6
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
0.545
0.105
0.105
0.335
0.09
0.12
0.44
0.445
0.40
0.505
0.62
1.61
0.13
2.86
3.70
1.34
0.435
0.145
2.98
0.29
0.215
0.07
0.44
0.08
0.085
0.085
0.715
0.115
0.265
0.44
0.055
0.20
0.14
49.5
39.9
70.4
57.7
138.4
300.0
41.8
242.0
33.8
54.3
23.5
61.9
21.8
364.4
73.1
42.7
88.5
137.9
202.9
236.8
58.8
348.2
23.3
120.0
441.6
216.0
73.2
58.7
26.7
46.0
90.2
64.8
280.0
1.4
1.8
3.6
4.2
8.7
2.2
1.2
1.9
2.6
4.7
3.1
5.4
2.2
1.8
0.6
5.3
2.2
0.4
3.6
1.1
4.6
1.0
3.1
4.2
7.6
8.6
2.6
1.5
5.0
8.1
0.7
9.2
7.3
07/04/16
08/08/16
20/06/18
12/01/19
07/07/23
29/12/16
06/01/16
02/10/16
10/06/17
06/07/19
20/12/17
07/04/20
19/01/17
09/08/16
29/05/15
28/02/20
09/01/17
08/04/15
04/06/18
18/12/15
10/06/19
12/10/15
21/11/17
22/01/19
03/06/22
26/05/23
14/06/17
09/05/16
27/10/19
28/11/22
18/07/15
20/01/24
28/02/22
0.075
0.03
0.04
0.14
0.055
0.05
0.10
0.155
0.145
0.21
0.13
0.27
0.05
0.775
1.70
0.245
0.25
0.025
0.86
0.09
0.095
0.025
0.19
0.035
0.04
0.04
0.365
0.03
0.21
0.22
0.015
0.135
0.025
16
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Warrants
31 Oct 14
Press Metal 2019

Ralco 2019
Rapid Synergy 2017
Sanichi Technology 2018
Sanichi Technology 2019
Seacera Group 2017
Seacera Group 2019
Sersol 2023
SMPC Corporation 2022
Scope Industries 2020
Thong Guan 2019
Toyo Ink 2018
OIL & GAS
CLIQ Energy 2016
Coastal Contract 2016
Dialog 2017
Kejuruteraan Samudra 2018
KNM Group 2017
Perdana Petroleum 2015
Ramunia 2014
Reach Energy 2022
Sona Petroleum 2018
Sumatec 2021
Sumatec 2018
Tanjung Offshore 2016
PROPERTY
Ekovest 2019
Encorp 2016
Gabungan Aqrs 2018
Hunza Property 2015
I-Berhad 2019
Ideal Sun City 2019
Ireka Corporation 2019
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
4.40
0.12
5.23
0.085
0.06
0.55
0.65
0.26
0.19
0.13
0.875
0.135
2.20
1.00
1.00
0.10
0.10
1.00
1.00
0.18
1.00
0.15
1.50
1.50
6.60
0.69
6.14
0.11
0.11
1.10
1.10
0.355
0.78
0.30
2.07
0.70
6.60
1.12
6.23
0.19
0.16
1.55
1.65
0.44
1.19
0.28
2.38
1.64
0.0
62.3
1.5
68.2
45.5
40.9
50.0
23.9
52.6
(6.7)
14.7
133.6
0.19
1.39
0.575
0.23
0.285
0.93
0.125
0.185
0.245
0.255
0.255
0.22
0.50
3.18
1.19
0.30
1.00
0.71
0.51
0.75
0.35
0.32
0.175
0.50
0.625
4.0
1.62
0.54
0.805
1.62
0.64
0.635
0.455
0.345
0.345
0.46
0.69
4.57
1.77
0.53
1.29
1.64
0.64
0.94
0.60
0.58
0.43
0.72
0.49
0.485
0.55
0.81
0.465
0.485
0.29
1.35
1.00
1.30
1.10
1.41
0.10
1.00
1.14
1.36
1.72
1.91
0.765
0.58
0.705
1.84
1.49
1.85
1.91
1.88
0.59
1.29
Warrant
Premium
Gearing
(%)
(x)
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
1.5
5.8
1.2
1.3
1.8
2.0
1.7
1.4
4.1
2.3
2.4
5.2
5.35
0.19
5.25
0.15
0.07
0.76
0.88
0.455
0.405
0.30
0.90
0.235
0.655
0.07
2.59
0.035
0.04
0.13
0.155
0.205
0.155
0.095
0.67
0.10
145.7
20.3
21.1
60.5
348.0
23.6
39.4
96.4
20.3
118.6
26.3
42.8
4.8
5.1
2.4
3.4
4.9
2.5
4.6
8.5
7.5
5.7
4.9
3.5
22/08/19
13/12/19
09/04/17
13/03/18
24/09/19
16/05/17
29/05/19
18/04/23
09/05/22
18/07/20
09/10/19
22/04/18
10.4
14.3
9.0
(1.9)
59.6
1.2
(0.8)
47.2
30.8
66.7
24.6
56.5
3.3
2.9
2.8
2.3
2.8
1.7
5.1
3.4
1.9
1.4
1.4
2.1
0.435
2.18
1.59
0.32
0.455
1.27
0.55
0.29
0.35
0.555
0.555
0.465
0.155
0.505
0.505
0.095
0.11
0.66
0.09
0.145
0.185
0.155
0.15
0.175
630.9
60.4
198.4
71.5
488.9
76.2
277.9
1,277.8
1,410.7
118.8
567.7
37.9
1.4
1.7
2.3
3.2
3.0
1.0
0.1
7.8
3.7
6.3
4.0
1.4
09/04/16
18/07/16
12/02/17
01/01/18
15/11/17
26/10/15
20/12/14
12/08/22
29/07/18
03/03/21
13/11/18
07/04/16
61.4
9.2
7.6
0.0
145.1
0.9
83.0
2.3
2.8
3.1
2.4
1.6
1.2
2.4
0.77
0.915
0.695
1.22
0.555
0.75
0.395
0.305
0.185
0.20
0.765
0.17
0.20
0.17
122.2
32.9
160.0
43.6
57.2
59.0
57.0
4.7
1.4
3.7
0.3
4.9
4.5
4.7
25/06/19
17/03/16
20/07/18
02/03/15
08/10/19
29/04/19
25/06/19
17
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Warrants
31 Oct 14
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
Ivory Properties 2017

KSL Holdings 2016
Karambunai Corp 2023
LBI Capital 2018
LBS Bina 2018
Mah Sing 2018
Meda Inc 2021
Meda Inc 2022
Meda Inc 2024
Menang 2019
MKH 2017
MRCB 2018
OSK Property 2017
PJ Development 2020
See Hup 2017
Sentoria Group 2019
Sunway Bhd 2016
Symphony Life 2020
Tambun Indah 2017
Tropicana Corp 2019
YKGI Holdings 2020
0.19
2.90
0.025
0.49
0.66
0.525
0.105
0.25
0.075
0.38
1.70
0.245
1.0
0.625
0.19
0.73
0.88
0.40
1.79
0.525
0.09
0.75
1.60
0.131
1.00
1.00
1.98
0.50
0.60
0.80
1.00
1.89
2.30
1.00
1.00
1.00
0.60
2.50
1.10
0.60
1.00
0.50
0.545
4.52
0.085
1.51
1.65
2.38
0.595
0.595
0.595
0.91
3.36
1.58
2.07
1.57
0.815
1.44
3.45
1.05
2.46
1.31
0.33
0.94
4.50
0.16
1.49
1.66
2.51
0.61
0.85
0.88
1.38
3.59
2.55
2.00
1.63
1.19
1.33
3.38
1.50
2.39
1.53
0.59
72.5
(0.4)
83.5
(1.3)
0.6
5.3
1.7
42.9
47.1
51.6
6.8
61.1
(3.4)
3.5
46.0
(7.6)
(2.0)
42.9
(2.8)
16.4
78.8
2.9
1.6
3.4
3.1
2.5
4.5
5.7
2.4
7.9
2.4
2.0
6.4
2.1
2.5
4.3
2.0
3.9
2.6
1.4
2.5
3.7
0.31
3.38
0.04
0.615
0.85
0.65
0.205
0.37
0.12
0.625
2.90
0.305
1.88
1.22
0.245
1.05
0.98
0.55
2.08
0.835
0.14
SERVICES
AHB Holdings
APFT 2018
Berjaya Corp 2022
Berjaya Media 2016
Borneo Oil 2018
Ecofirst Consolidated 2019
Eduspec 2018
Engtex 2017
Engtex 2017
Fitters Diversified 2019
Freight Management 2017
0.135
0.07
0.21
0.105
0.74
0.185
0.115
0.875
0.075
0.325
0.815
0.20
0.40
1.00
1.00
0.10
0.30
0.18
1.25
0.50
1.00
0.97
0.195
0.145
0.51
0.50
0.835
0.32
0.24
1.94
0.335
0.845
1.69
0.34
0.47
1.21
1.11
0.84
0.49
0.30
2.13
0.58
1.33
1.79
71.8
224.1
137.3
121.0
0.6
51.6
22.9
9.5
71.6
56.8
5.6
1.4
2.1
2.4
4.8
1.1
1.7
2.1
2.2
4.5
2.6
2.1
0.16
0.115
0.275
0.21
0.755
0.22
0.175
1.08
0.19
0.335
0.895
Warrant
Premium
Gearing
(%)
(x)
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
0.155
0.73
0.025
0.23
0.60
0.44
0.10
0.15
0.065
0.26
0.80
0.20
0.33
0.30
0.09
0.32
0.56
0.22
0.77
0.435
0.08
186.0
96.6
1,015.0
31.2
154.1
168.1
53.6
114.0
48.4
133.5
29.1
537.9
106.2
213.8
20.4
88.0
289.7
107.4
44.2
129.8
95.0
2.5
1.8
9.0
3.5
3.6
3.4
6.8
7.5
9.8
4.7
3.2
3.9
2.8
6.1
3.1
4.5
1.8
6.0
2.6
5.1
5.6
26/04/17
19/08/16
20/10/23
17/04/18
11/06/18
18/03/18
13/08/21
23/04/22
24/08/24
09/07/19
30/12/17
16/09/18
28/08/17
04/12/20
22/12/17
15/04/19
17/08/16
11/11/20
30/05/17
19/11/19
28/05/20
0.085
0.055
0.145
0.08
0.195
0.15
0.055
0.605
0.055
0.21
0.57
71.1
78.5
700.1
56.3
53.5
201.0
99.0
99.0
31.6
137.2
24.3
4.8
3.7
7.5
2.1
3.3
4.9
4.2
3.0
2.4
5.0
2.2
28/08/19
13/07/18
22/04/22
18/12/16
28/02/18
10/09/19
24/12/18
25/10/17
30/03/17
12/10/19
08/01/17
18
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Warrants
31 Oct 14
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
Flonic Hi-Tec 2017

Frontken Corp 2015
FSBM Holdings 2022
GD Express 2015
Gunung Capital 2020
Hubline 2019
Hubline 2019
JAG 2019
KPJ Healthcare 2015
KPJ Healthcare 2019
Media Prima 2014
Pantech 2020
Puncak 2020
Puncak 2018
Tiong Nam Logistics 2018
0.045
0.03
0.065
1.75
0.48
0.015
0.115
0.24
2.71
0.59
0.13
0.545
2.33
0.92
0.56
0.05
0.18
0.30
0.195
0.50
0.20
0.20
0.10
1.13
4.01
1.80
0.60
1.00
1.00
1.00
0.065
0.14
0.245
1.98
0.835
0.04
0.20
0.45
3.91
3.91
1.96
0.975
3.31
1.46
1.11
0.10
0.21
0.37
1.95
0.98
0.22
0.32
0.34
3.84
4.60
1.93
1.15
3.33
1.92
1.56
46.2
50.0
49.0
(1.8)
17.4
437.5
57.5
(24.4)
(1.8)
17.6
(1.5)
17.4
0.6
31.5
40.5
TECHNOLOGY
Asdion 2019
Asia Bioenergy 2024
AT Systematizatin 2019
Censof 2017
Censof 2019
Connectcounty Holdings 2021
Cuscapi 2018
Digistar 2017
Digistar 2023
DVM Technology 2018
EA Holdings 2015
EA Holdings 2019
EA Holdings 2019
Ewein 2017
Excel Force 2019
Fast Track 2017
Formis Resources 2016
0.14
0.065
0.055
0.415
0.43
0.12
0.15
0.18
0.145
0.035
0.025
0.065
0.08
0.18
0.235
0.12
0.12
0.50
0.10
0.12
0.46
0.46
0.10
0.27
0.13
0.26
0.10
0.30
0.14
0.12
1.00
0.68
0.12
0.96
0.37
0.145
0.10
0.615
0.615
0.185
0.265
0.27
0.27
0.075
0.14
0.14
0.14
0.525
0.625
0.19
0.66
0.64
0.17
0.18
0.88
0.89
0.22
0.42
0.31
0.41
0.14
0.33
0.21
0.20
1.18
0.92
0.24
1.08
73.0
13.8
75.0
42.3
44.7
18.9
58.5
14.8
50.0
80.0
132.1
46.4
42.9
124.8
46.4
26.3
63.6
Warrant
Premium
Gearing
(%)
(x)
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
1.4
4.7
3.8
1.1
1.7
2.7
1.7
1.9
1.4
6.6
15.1
1.8
1.4
1.6
2.0
0.07
0.09
0.135
2.52
0.695
0.025
0.18
0.31
4.53
0.985
0.98
0.65
2.70
1.06
0.835
0.03
0.025
0.06
0.90
0.40
0.015
0.095
0.125
1.80
0.305
0.125
0.44
1.89
0.90
0.455
140.0
289.0
59.1
101.2
25.2
621.7
621.7
324.9
134.5
87.3
44.5
74.8
74.8
40.9
210.3
2.6
0.4
7.5
1.3
5.9
4.4
4.4
4.8
0.2
4.2
0.2
6.1
6.1
3.7
4.2
18/06/17
10/03/15
16/05/22
07/02/16
02/10/20
11/04/19
11/04/19
14/08/19
10/01/15
23/01/19
31/12/14
21/12/20
21/12/20
20/07/18
26/12/18
2.6
2.2
1.8
1.5
1.4
1.5
1.8
1.5
1.9
2.1
5.6
2.2
1.8
2.9
2.7
1.6
5.5
0.24
0.11
0.085
0.50
0.43
0.17
0.395
0.245
0.18
0.045
0.16
0.11
0.13
0.40
0.33
0.145
0.23
0.105
0.035
0.03
0.24
0.25
0.075
0.11
0.115
0.095
0.025
0.02
0.055
0.06
0.145
0.18
0.05
0.095
52.2
420.2
196.8
29.5
111.4
60.8
123.2
101.8
74.0
290.4
151.1
122.8
212.6
52.7
103.4
102.5
106.5
4.4
9.5
4.2
2.7
4.9
6.9
3.5
2.3
8.4
3.7
1.8
1.8
1.8
2.9
4.7
3.1
1.5
24/03/19
19/04/24
28/01/19
18/07/17
07/10/19
18/09/21
24/04/18
07/02/17
04/04/23
02/07/18
07/12/15
24/02/19
18/06/19
06/10/17
17/07/19
01/12/17
19/04/16
19
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Warrants
31 Oct 14
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
Formis Resources 2018

Grand-Flo Solution 2015
Green Ocean 2019
Ingenuity Solutions 2016
Instacom Group 2018
Iris Corp 2016
Iris Corp 2016
K-One Technology 2015
Media Shoppe 2017
Mexter Technology 2018
MLabs Systems 2020
Mtouche 2018
Mtouche 2020
Nexgram Holdings 2022
Notion Vtec 2015
Notion Vtec 2015
N2N Connect 2018
OSK Venture 2015
Palette Multimedia 2018
R&A Telecommunication 2017
Redtone 2015
SMR Technologies 2017
Silver Ridge Holdings 2023
Sunzen Biotech 2019
TFP Solutions 2019
Technodex 2018
Unisem 2015
Wintoni Group 2019
VisDynamics 2015
0.33
0.175
0.095
0.04
0.095
0.255
0.26
0.22
0.04
0.04
0.06
0.05
0.07
0.055
0.035
0.055
0.12
0.04
0.555
0.165
0.025
0.03
0.49
0.68
0.09
0.26
0.12
0.11
0.15
0.065
0.145
0.50
0.25
0.34
0.10
0.33
0.15
0.15
0.22
0.10
0.13
0.10
0.89
0.27
0.10
0.26
0.10
2.55
2.55
0.32
0.50
0.10
0.17
0.25
0.18
0.18
0.10
0.10
0.11
2.18
0.10
0.25
0.66
0.295
0.16
0.07
0.21
0.355
0.355
0.355
0.065
0.105
0.105
0.22
0.22
0.115
0.115
0.115
0.52
0.52
0.84
0.61
0.05
0.045
0.76
0.885
0.195
0.385
0.185
0.22
1.69
0.085
0.245
0.83
0.43
0.44
0.14
0.43
0.41
0.41
0.44
0.14
0.17
0.16
0.94
0.34
0.16
0.30
0.16
2.67
2.59
0.88
0.67
0.13
0.20
0.74
0.86
0.27
0.36
0.22
0.22
2.33
0.17
0.40
25.8
44.1
171.9
100.0
102.4
14.1
15.5
23.9
115.4
61.9
52.4
327.3
54.5
34.8
156.5
34.8
413.5
398.1
4.2
9.0
150.0
344.4
(2.6)
(2.8)
38.5
(6.5)
18.9
0.0
37.9
94.1
61.2
UTILITIES
YTL Power 2018
0.48
1.14
1.59
1.62
1.9
Warrant
Premium
Gearing
(%)
(x)
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
2.0
1.7
1.7
1.8
2.2
1.4
1.4
1.6
1.6
2.6
1.8
4.4
3.1
2.1
3.3
2.1
4.3
13.0
1.5
3.7
2.0
1.5
1.6
1.3
2.2
1.5
1.5
2.0
11.3
1.3
1.7
0.45
0.245
0.135
0.065
0.19
0.47
0.47
0.31
0.055
0.075
0.07
0.13
0.135
0.105
0.10
0.125
0.235
0.12
0.785
0.235
0.035
0.06
0.57
0.745
0.15
0.365
0.225
0.155
0.245
0.075
0.70
0.275
0.14
0.065
0.035
0.075
0.15
0.16
0.12
0.03
0.03
0.04
0.04
0.07
0.04
0.025
0.04
0.095
0.025
0.145
0.11
0.02
0.02
0.36
0.095
0.08
0.135
0.11
0.06
0.09
0.025
0.09
83.1
67.9
65.8
182.4
351.1
55.3
212.3
93.6
234.5
89.5
77.2
45.4
53.3
335.4
160.0
281.7
345.3
30.7
99.9
97.9
145.3
87.9
162.4
86.0
55.0
49.8
100.9
85.2
168.5
216.0
50.3
3.6
0.5
4.8
1.7
3.9
1.7
1.5
1.1
2.2
3.9
5.5
3.2
5.4
7.5
8.7
9.2
0.5
0.5
3.8
0.9
3.4
2.4
0.3
2.8
8.3
4.5
5.0
3.9
0.8
5.0
1.8
30/05/18
21/04/15
07/08/19
18/07/16
08/09/18
24/06/16
20/04/16
11/12/15
16/01/17
17/09/18
26/04/20
17/01/18
16/03/20
16/05/22
22/07/23
15/01/24
15/04/15
15/04/15
04/08/18
07/10/15
20/03/18
22/03/17
04/03/15
01/08/17
24/02/23
14/04/19
16/02/19
22/09/18
24/08/15
23/02/19
01/09/16
3.3
0.82
0.44
1,776.4
3.6
11/06/18
20
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
AEON Co 140815
Affin 270215
Affin 110815
AirAsia 101114
AirAsia 190115
AirAsia 270215
AirAsia 270215
AirAsia 010615
AirAsia 170915
AirAsia X 151214
AirAsia X 120115
AirAsia X 310315
AirAsia X 210415
AirAsia X 070515
AirAsia X 310715
AirAsia X 050515
Alam Maritim Resources 101114
Alliance Financial 300415
Alliance Financial 120615
Allianz 100215
AMMB Holdings 120615
APM Automotive 190115
Astro 060215
Astro 270215
Astro 300615
Astro 310715
Axiata 060215
Axiata 300615
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.04
0.01
0.12
0.01
0.055
0.135
0.11
0.20
0.15
0.005
0.035
0.07
0.065
0.16
0.17
0.12
0.005
0.005
0.005
0.04
0.02
0.145
0.15
0.07
0.075
0.035
0.09
0.145
0.09
0.225
0.095
0.15
0.095
0.105
4.00
3.875
3.50
2.70
2.48
2.30
2.38
2.40
2.50
1.00
0.75
0.80
0.80
0.70
0.65
0.85
1.50
1.88
1.60
1.55
1.40
4.302
5.00
11.68
7.00
7.00
7.00
5.25
3.28
3.00
3.48
3.34
6.78
6.98
3.75
3.23
3.23
2.50
2.50
2.50
2.50
2.50
2.50
0.77
0.77
0.77
0.77
0.77
0.77
0.77
1.10
1.10
1.10
1.10
1.10
4.79
4.79
12.90
6.78
6.78
6.78
5.60
3.30
3.30
3.30
3.30
7.05
7.05
4.20
3.91
4.10
2.75
2.70
2.57
2.71
2.72
2.95
1.01
0.80
0.87
0.87
0.86
0.82
0.92
1.52
1.90
1.61
1.67
1.46
4.88
5.60
13.78
7.38
7.21
7.54
6.99
3.55
3.45
3.86
3.94
7.54
7.82
Warrant
Premium
Gearing
(%)
(x)
12.0
20.9
26.9
10.0
8.0
2.8
8.4
8.8
18.0
31.2
4.2
13.0
12.3
11.7
6.5
19.7
37.7
72.3
46.6
51.8
32.7
1.9
16.9
6.8
8.8
6.3
11.2
24.8
7.6
4.5
17.0
19.4
7.0
10.9
18.8
107.7
5.4
50.0
11.4
9.3
7.6
7.8
5.6
77.0
14.7
11.0
11.8
4.8
4.5
10.7
73.3
73.3
88.0
9.2
18.3
8.3
8.0
6.1
18.1
32.3
12.6
3.2
12.2
7.3
8.7
5.5
9.3
8.4
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.055
0.075
0.12
0.075
0.125
0.215
0.15
0.20
n.a.
0.10
0.125
0.18
0.18
0.23
0.295
0.14
0.125
0.11
0.125
0.155
0.14
0.245
n.a.
0.10
0.10
0.095
0.105
n.a.
0.145
0.245
0.175
n.a.
0.11
0.105
50.0
50.0
40.0
40.0
100.0
50.0
100.0
25.0
40.0
40.0
100.0
50.0
40.0
100.0
50.0
35.0
40.0
100.0
50.0
40.0
100.0
50.0
100.0
100.0
100.0
50.0
40.0
100.0
100.0
50.0
100.0
100.0
100.0
100.0
0.8
0.3
0.8
0.0
0.2
0.3
0.6
0.6
0.9
0.1
0.2
0.4
0.5
0.5
0.8
0.5
0.0
0.2
0.3
0.6
0.5
0.5
0.6
0.3
0.6
0.7
0.9
0.2
0.3
0.3
0.7
0.8
0.3
0.7
28/08/15
27/02/15
11/08/15
10/11/14
19/01/15
27/02/15
20/05/15
01/06/15
17/09/15
15/12/14
12/01/15
31/03/15
21/04/15
07/05/15
31/07/15
04/05/15
10/11/14
19/01/15
30/01/15
04/06/15
07/05/15
30/04/15
12/06/15
10/02/15
12/06/15
30/06/15
17/09/15
19/01/15
06/02/15
27/02/15
30/06/15
31/07/15
06/02/15
30/06/15
5.00
3.00
5.00
5.00
4.00
2.00
3.00
1.60
3.00
2.00
1.50
1.00
1.00
1.00
1.00
0.60
3.00
3.00
2.50
3.00
3.00
4.00
4.00
30.00
5.00
6.00
6.00
12.00
3.00
2.00
4.00
4.00
8.00
8.00
0.02
0.005
0.12
0.005
0.055
0.01
0.10
0.01
n.a.
0.005
0.02
0.04
0.03
0.12
0.12
0.095
0.005
0.005
0.005
0.025
0.015
0.11
n.a.
0.05
0.065
0.02
0.09
n.a.
0.07
0.205
0.09
n.a.
0.095
0.105
21
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
Axiata 310715
Berjaya Auto120115
Berjaya Auto 310315
Berjaya Auto 080415
Berjaya Auto 170915
Berjaya Auto 301015
Berjaya Auto 210815
Berjaya Corp 220115
Berjaya Corp 280115
Berjaya Corp 300115
Berjaya Corp 050515
Berjaya Sports Toto 101114
Berjaya Sports Toto 300115
BIMB 100215
Boustead Holdings 310315
British American Tobacco 300915
Bumi Armada 230215
Bumi Armada 300415
Bumi Armada 200515
Bumi Armada 010615
Bumi Armada 281015
Bursa Malaysia 290515
Cahya Mata Sarawak 211114
CB Industrial 280815
CB Industrial 300915
CIMB Group 080715
Coastal Contracts 090315
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.115
0.665
0.48
0.755
0.225
0.12
0.15
0.035
0.045
0.06
0.05
0.125
0.015
0.07
0.015
0.06
0.005
0.01
0.02
0.085
0.115
0.12
0.485
0.61
0.42
0.23
0.26
0.145
0.09
0.15
0.10
0.085
0.06
0.05
6.65
1.80
2.00
1.85
2.80
3.10
3.30
0.55
0.48
0.53
0.60
3.909
3.86
4.18
5.50
67.50
2.24
2.39
1.99
2.00
1.38
7.121
2.483
2.433
2.627
3.293
3.167
3.98
4.05
4.50
2.25
2.44
7.30
4.18
7.05
3.51
3.51
3.51
3.51
3.51
3.51
0.51
0.51
0.51
0.51
3.61
3.61
4.27
5.05
69.50
1.57
1.57
1.57
1.57
1.57
8.09
4.34
4.34
4.34
4.34
4.34
4.34
4.34
4.34
2.41
2.41
6.49
4.0
7.23
3.46
3.44
3.36
3.70
3.82
3.75
0.59
0.55
0.56
0.63
4.64
3.89
4.60
5.53
73.50
2.26
2.41
2.04
2.10
1.73
8.06
4.42
3.86
4.31
4.44
4.38
4.85
4.68
5.10
2.55
2.70
7.78
4.58
Warrant
Premium
Gearing
(%)
(x)
2.5
(1.4)
(2.0)
(4.3)
5.4
8.8
6.8
14.7
7.4
9.8
22.5
28.6
7.7
7.7
9.5
5.8
43.9
53.2
29.8
33.9
9.9
(0.4)
1.9
(11.1)
(0.8)
2.4
0.9
11.8
7.8
17.5
5.8
11.8
19.9
14.5
12.3
2.1
2.4
2.3
3.9
4.9
7.8
14.6
7.6
17.0
20.4
4.9
123.1
10.2
168.3
11.6
91.1
85.5
32.1
15.4
4.6
8.6
2.2
3.0
2.6
3.8
3.6
5.0
6.9
7.2
8.0
9.5
13.5
10.0
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.12
0.72
0.50
0.87
0.30
0.12
n.a.
0.11
0.105
0.20
0.05
n.a.
0.115
0.135
0.19
0.15
0.095
0.08
0.12
0.11
0.115
0.14
0.485
0.745
0.47
0.28
0.33
0.185
0.09
n.a.
0.185
0.13
0.12
0.31
50.0
100.0
50.0
40.0
40.0
50.0
100.0
40.0
100.0
50.0
35.0
40.0
50.0
100.0
50.0
50.0
40.0
50.0
100.0
35.0
100.0
50.0
100.0
50.0
100.0
100.0
40.0
100.0
50.0
35.0
50.0
100.0
40.0
100.0
0.8
0.2
0.4
0.4
0.9
1.0
0.8
0.2
0.2
0.3
0.5
0.0
0.3
0.3
0.4
0.9
0.3
0.5
0.6
0.6
1.0
0.6
0.1
0.3
0.4
0.5
0.6
0.7
1.0
0.5
0.8
0.9
0.7
0.4
31/07/15
12/01/15
31/03/15
08/04/15
17/09/15
30/10/15
21/08/15
22/01/15
28/01/15
30/01/15
04/05/15
10/11/14
30/01/15
10/02/15
31/03/15
30/09/15
23/02/15
30/04/15
20/05/15
01/06/15
28/10/15
29/05/15
21/11/14
30/01/15
18/03/15
28/04/15
04/06/15
28/07/15
30/10/15
05/05/15
28/08/15
30/09/15
08/07/15
09/03/15
5.00
2.50
3.00
2.00
4.00
6.00
3.00
1.00
1.50
0.50
0.50
5.86
1.95
6.00
2.00
100.00
3.45
1.84
2.45
1.20
3.00
7.80
4.00
2.33
4.00
5.00
4.67
6.00
7.00
4.00
3.00
3.00
8.00
8.00
0.095
0.11
0.105
0.20
0.22
0.095
n.a.
0.025
0.03
0.02
0.05
n.a.
0.01
0.07
0.01
0.05
0.005
0.005
0.01
0.08
0.115
0.08
0.11
0.11
0.155
0.115
0.17
0.125
0.09
n.a.
0.065
0.005
0.06
0.01
22
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14

Datasonic Group 120115
Dayang 280415
Dayang 070515
Dayang 040615
Dayang 280815
Dayang 300915
Dayang 281015
Dialog 190115
Dialog 300115
Dialog 280415
Dialog 070515
Dialog 280815
Dialog 281015
DiGi 060215
DiGi 300415
DiGi 300615
DiGi 300615
DRB-Hicom 181114
DRB-Hicom 151214
DRB-Hicom 190115
DRB-Hicom 270215
DRB-Hicom 300415
DRB-Hicom 080715
DRB-Hicom 010715
E&O 290515
E&O 120615
E&O 110815
E&O 050515
E&O 310715
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.015
0.03
0.03
0.03
0.15
0.185
0.035
0.035
0.045
0.15
0.035
0.095
0.06
0.21
0.05
0.11
0.115
0.15
0.155
0.26
0.15
0.175
0.005
0.005
0.01
0.065
0.03
0.05
0.06
0.19
0.15
0.085
0.15
0.15
5.00
4.80
5.18
4.80
5.28
1.86
3.58
3.50
3.60
3.88
3.30
3.08
1.54
1.69
1.69
1.81
1.78
1.48
5.08
5.30
5.38
5.60
2.48
2.70
2.60
2.38
2.45
2.40
2.30
2.40
2.90
2.70
2.70
2.88
4.0
4.0
4.0
4.0
4.0
1.68
2.94
2.94
2.94
2.94
2.94
2.94
1.62
1.62
1.62
1.62
1.62
1.62
6.19
6.19
6.19
6.19
2.13
2.13
2.13
2.13
2.13
2.13
2.13
2.80
2.80
2.80
2.80
2.80
5.09
5.10
5.54
5.04
6.48
2.42
3.86
3.71
3.83
4.78
3.48
3.56
1.69
2.00
1.84
2.03
1.98
1.93
6.01
6.08
6.28
6.30
2.50
2.72
2.65
2.58
2.51
2.55
2.48
2.97
3.35
3.21
3.23
3.63
Warrant
Premium
Gearing
(%)
(x)
27.3
27.5
38.5
26.0
62.0
43.8
31.3
26.2
30.1
62.6
18.2
20.9
4.3
23.4
13.6
25.2
22.5
19.1
(2.9)
(1.8)
1.5
1.8
17.4
27.7
24.4
20.9
17.8
19.7
16.4
6.1
19.6
14.6
15.2
29.6
44.4
13.3
11.1
16.7
3.3
3.0
10.5
14.0
13.1
3.3
16.8
6.2
10.8
5.2
10.8
7.4
7.9
3.6
6.7
7.9
6.9
8.8
106.5
106.5
42.6
10.9
35.5
14.2
11.8
4.9
6.2
5.5
5.3
3.7
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.18
0.115
0.10
0.045
n.a.
0.625
0.095
0.125
0.14
n.a.
0.105
0.095
0.21
0.225
0.30
0.14
0.115
n.a.
0.19
0.30
n.a.
0.195
0.16
0.105
0.135
0.09
0.185
0.12
0.08
0.325
n.a.
0.085
n.a.
n.a.
50.0
40.0
100.0
100.0
100.0
100.0
100.0
100.0
40.0
100.0
50.0
100.0
100.0
50.0
100.0
100.0
100.0
100.0
100.0
50.0
100.0
100.0
100.0
40.0
100.0
100.0
50.0
40.0
35.0
50.0
100.0
40.0
35.0
100.0
0.4
0.4
0.5
0.5
0.8
0.2
0.5
0.5
0.6
0.8
0.9
1.0
0.2
0.3
0.5
0.5
0.8
1.0
0.3
0.5
0.7
0.7
0.1
0.1
0.2
0.3
0.5
0.7
0.7
0.6
0.6
0.8
0.5
0.8
31/03/15
08/04/15
28/04/15
07/05/15
28/08/15
12/01/15
28/04/15
07/05/15
04/06/15
28/08/15
30/09/15
28/10/15
19/01/15
30/01/15
28/04/15
07/05/15
28/08/15
28/10/15
06/02/15
30/04/15
30/06/15
30/06/15
18/11/14
15/12/14
19/01/15
27/02/15
30/04/15
08/07/15
01/07/15
29/05/15
12/06/15
11/08/15
05/05/15
31/07/15
6.00
10.00
12.00
8.00
8.00
3.00
8.00
6.00
5.00
6.00
5.00
5.00
2.50
1.49
3.00
1.98
1.78
3.00
6.00
3.00
6.00
4.00
4.00
4.00
5.00
3.00
2.00
3.00
3.00
3.00
3.00
6.00
3.50
5.00
0.01
0.03
0.02
0.02
n.a.
0.11
0.03
0.035
0.045
n.a.
0.025
0.095
0.01
0.13
0.01
0.095
0.105
n.a.
0.115
0.13
n.a.
0.125
0.005
0.005
0.01
0.065
0.025
0.035
0.04
0.10
n.a.
0.07
n.a.
n.a.
23
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
Ecoworld 110815
Felda Global Ventures 280115
Gamuda 281114
Gamuda 180315
Gamuda 300315
Gamuda 170915
Gas Malaysia 181114
Gas Malaysia 280115
Gas Malaysia 300115
Gas Malaysia 281015
GD Express 280915
Genting Bhd 280115
Genting Bhd 280115
Genting Bhd 270215
Genting Bhd 300415
Genting Bhd 310715
Genting Malaysia 280115
Goldis 180315
Globetronics 120615
Globetronics 280815
Globetronics 280915
Hap Seng Consolidated 270215
Hap Seng Plantations 281015
Hartalega 280115
Hartalega 300615
Hock Seng Lee 280815
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.15
0.14
0.025
0.055
0.16
0.045
0.125
0.17
0.155
0.095
0.15
0.01
0.15
0.07
0.055
0.025
0.11
0.07
0.15
0.15
0.15
0.115
0.07
0.075
0.15
0.175
0.095
0.10
0.06
0.775
0.15
0.15
0.225
0.135
5.00
4.88
4.20
3.74
3.38
4.88
4.38
4.60
4.80
4.08
3.78
4.00
3.48
2.18
10.18
10.00
9.80
9.80
9.50
4.48
4.58
3.80
10.48
11.88
10.28
2.18
4.90
4.40
4.78
2.80
2.68
7.48
5.70
1.88
4.50
3.66
3.66
3.66
3.66
5.12
5.12
5.12
5.12
3.56
3.56
3.56
3.56
3.56
9.75
9.75
9.75
9.75
9.75
4.30
4.30
4.30
10.58
10.58
10.58
2.55
4.52
4.52
4.52
4.40
4.40
7.0
7.0
1.96
6.50
5.72
4.30
4.02
4.02
5.15
5.38
5.45
5.73
4.56
4.38
4.03
3.93
2.46
10.84
10.25
10.24
10.36
10.70
5.38
5.03
4.49
12.16
12.63
11.93
2.71
5.38
5.00
5.38
4.35
3.28
8.98
7.05
2.29
Warrant
Premium
Gearing
(%)
(x)
44.4
56.3
17.5
9.7
9.8
0.6
5.1
6.4
11.9
27.9
23.0
13.2
10.4
(30.9)
11.2
5.1
5.0
6.3
9.7
25.1
17.0
4.4
14.9
19.4
12.8
6.1
18.9
10.6
19.0
(1.1)
(25.5)
28.3
0.7
16.6
3.0
4.4
36.6
13.3
5.7
19.0
5.1
6.0
5.5
7.5
5.9
118.7
7.9
12.7
14.8
39.0
22.2
17.4
8.1
4.8
9.6
6.2
6.3
14.1
6.4
4.9
9.5
7.5
7.5
2.8
7.3
4.7
5.2
4.8
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
n.a.
0.14
0.105
0.06
0.165
0.125
0.125
0.17
0.16
n.a.
n.a.
0.07
n.a.
0.15
0.125
0.115
0.17
0.135
n.a.
n.a.
n.a.
0.115
0.105
0.075
n.a.
0.225
0.175
0.21
0.09
0.81
n.a.
n.a.
0.265
0.135
40.0
100.0
100.0
50.0
100.0
100.0
100.0
100.0
40.0
100.0
100.0
50.0
100.0
100.0
100.0
40.0
100.0
50.0
100.0
100.0
100.0
50.0
100.0
100.0
100.0
100.0
100.0
50.0
100.0
50.0
100.0
100.0
50.0
100.0
0.8
0.2
0.6
0.9
1.0
0.1
0.4
0.4
0.9
0.1
0.2
0.3
1.0
0.9
0.2
0.3
0.3
0.5
0.8
0.2
0.3
1.0
0.2
0.3
0.7
0.4
0.6
0.8
0.9
0.3
1.0
0.2
0.7
0.8
11/08/15
28/01/15
20/05/15
30/09/15
28/10/15
28/11/14
18/03/15
30/03/15
17/09/15
18/11/14
28/01/15
30/01/15
28/10/15
28/09/15
28/01/15
23/02/15
27/02/15
30/04/15
31/07/15
28/01/15
27/02/15
30/10/15
28/01/15
27/02/15
30/06/15
18/03/15
12/06/15
28/08/15
28/09/15
27/02/15
28/10/15
28/01/15
30/06/15
28/08/15
10.00
6.00
4.00
5.00
4.00
6.00
8.00
5.00
6.00
5.00
4.00
3.00
3.00
4.00
12.00
10.00
4.00
8.00
8.00
6.00
3.00
6.00
24.00
10.00
11.00
3.00
5.00
6.00
10.00
2.00
4.00
10.00
6.00
3.00
n.a.
0.005
0.01
0.02
0.135
0.045
0.095
0.145
0.14
n.a.
n.a.
0.005
n.a.
0.065
0.055
0.01
0.10
0.025
n.a.
n.a.
n.a.
0.08
0.07
0.075
n.a.
0.11
0.03
0.03
0.03
0.115
n.a.
n.a.
0.125
0.135
24
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
Hong Leong Bank 151214

Hong Leong Bank 280815
Hong Leong Industries 120615
IGB Corp 300914
IHH Healthcare 210415
IJM Corp 281114
IJM Corp 180315
IJM Corp 290515
IJM Land 300315
Inari 070515
Inari 270815
Inari 010715
IOI Corp 281114
IOI Corp 120115
IOI Corp 270215
IOI Corp 310715
IOI Properties 211114
Jaya Tiasa 210415
Jaya Tiasa 300615
Karex 210415
Karex 280415
Karex 300415
Karex 280915
Keck Seng 281015
Keck Seng 211114
Keck Seng 281114
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.04
0.10
0.095
0.04
0.03
0.16
0.245
0.15
0.185
0.185
0.14
0.135
0.23
0.115
0.07
0.09
0.035
0.055
0.23
0.15
0.025
0.015
0.06
0.15
0.10
0.04
0.15
0.085
0.03
0.065
0.11
0.13
0.15
0.025
14.00
13.30
6.16
6.85
7.11
2.55
3.80
4.18
4.30
6.38
5.58
6.30
2.48
3.00
3.28
3.25
4.61
4.60
4.20
4.80
2.90
3.10
2.50
2.30
2.45
2.60
2.08
2.90
3.38
3.18
2.88
6.08
6.80
7.65
14.62
14.62
4.78
4.78
4.78
2.88
4.95
4.95
4.95
6.92
6.92
6.92
3.44
3.0
3.0
3.0
4.89
4.89
4.89
4.89
2.75
2.75
2.75
2.75
2.75
2.12
2.12
3.08
3.08
3.08
3.08
6.05
6.05
6.05
14.80
14.70
6.65
7.33
7.41
2.87
5.03
4.93
5.04
7.31
6.70
6.98
3.40
3.46
3.70
3.70
4.73
4.93
4.89
5.70
3.00
3.15
2.68
2.75
2.85
2.76
2.53
3.33
3.56
3.44
3.43
7.64
8.00
8.03
Warrant
Premium
Gearing
(%)
(x)
1.2
0.5
39.2
53.3
55.1
(0.3)
1.5
(0.4)
1.8
5.6
(3.2)
0.8
(1.2)
15.3
23.3
23.3
(3.3)
0.8
0.0
16.6
9.1
14.4
(2.5)
0.0
3.6
30.2
19.3
8.0
15.6
11.7
11.4
26.3
32.2
32.6
18.3
10.4
9.8
10.0
15.5
9.0
4.0
6.6
6.7
7.5
6.2
10.3
3.7
6.5
7.1
6.7
40.9
14.8
7.1
5.4
27.5
61.1
15.3
6.1
6.9
13.3
4.7
7.2
17.1
11.8
5.6
3.9
5.0
16.1
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.15
0.115
0.315
0.15
0.03
0.18
0.295
n.a.
0.225
0.185
0.18
0.175
0.275
0.285
0.185
0.11
0.235
0.165
0.41
n.a.
0.08
0.09
0.19
0.255
0.155
0.155
n.a.
0.20
0.35
0.38
0.11
0.13
0.16
0.125
40.0
50.0
100.0
40.0
35.0
50.0
40.0
100.0
50.0
100.0
100.0
50.0
100.0
100.0
100.0
35.0
50.0
100.0
50.0
50.0
100.0
50.0
50.0
50.0
40.0
40.0
100.0
40.0
100.0
50.0
100.0
100.0
100.0
100.0
0.1
0.8
0.6
0.9
0.5
9.0
0.5
0.7
0.8
0.1
0.4
0.6
0.4
0.5
0.7
0.7
0.1
0.2
0.3
0.8
0.1
0.3
0.3
0.3
0.3
0.5
0.7
0.5
0.5
0.5
0.9
1.0
0.1
0.1
15/12/14
28/08/15
12/06/15
17/09/15
04/05/15
15/11/23
21/04/15
30/06/15
31/07/15
28/11/14
18/03/15
29/05/15
30/03/15
07/05/15
28/07/15
01/07/15
28/11/14
12/01/15
27/02/15
31/07/15
21/11/14
30/01/15
30/01/15
30/01/15
23/02/15
21/04/15
30/06/15
21/04/15
28/04/15
30/04/15
28/09/15
28/10/15
21/11/14
28/11/14
20.00
14.00
5.14
11.99
10.27
2.00
5.00
5.00
4.00
5.00
8.00
5.00
4.00
4.00
6.00
5.00
3.42
6.00
3.00
6.00
4.00
3.00
3.00
3.00
4.00
4.00
3.00
5.00
6.00
4.00
5.00
12.00
8.00
15.00
0.02
0.08
0.045
0.025
0.01
0.12
0.215
n.a.
0.185
0.095
0.14
0.095
0.135
0.035
0.02
0.03
0.03
0.05
0.20
n.a.
0.015
0.01
0.04
0.075
0.045
0.04
n.a.
0.04
0.015
0.025
0.11
0.13
0.09
0.025
25
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
KNM Group 120615

KNM Group 080715
KNM Group 310715
KNM Group 280815
KNM Group 180915
KNM Group 050515
Kossan Rubber 280115
KPJ Healthcare 281114
Kretam 280715
Kuala Lumpur Kepong 280115
Kuala Lumpur Kepong 290515
Kulim 280115
Kulim 281015
Lafarge Malaysia Cement 310315
LPI Capital 100215
Magnum 280115
Magnum 280815
Mah Sing 211114
Mah Sing 281114
Mah Sing 281114
Mah Sing 300315
Mah Sing 210415
Mah Sing 280515
Malaysia Airports 280415
Malaysia Airports 300915
MAS 101114
MAS 101114 - Put Warrant
MAS 120115
MAS 190115
MAS 080415
Matrix Concepts 040615
Matrix Concepts 300915
Maxis 281114
Maxis 300615
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.04
0.08
0.05
0.05
0.15
0.04
0.12
0.03
0.055
0.10
0.135
0.025
0.13
0.09
0.08
0.055
0.055
0.14
0.04
0.095
0.145
0.115
0.15
0.055
0.07
0.005
0.18
0.05
0.005
0.09
0.20
0.075
0.005
0.105
1.10
0.85
1.00
1.08
1.00
1.10
4.08
3.93
0.58
24.88
23.00
3.30
3.08
9.50
17.38
2.88
2.85
2.15
2.30
2.28
1.98
2.30
2.08
8.00
7.50
0.350
0.35
0.200
0.320
0.220
2.67
3.18
7.10
6.68
0.805
0.805
0.805
0.805
0.805
0.805
4.60
3.91
0.515
23.0
23.0
3.42
3.42
10.48
18.26
2.99
2.99
2.38
2.38
2.38
2.38
2.38
2.38
7.22
7.22
0.255
0.255
0.255
0.255
0.255
3.0
3.0
6.74
6.74
1.16
1.01
1.08
1.18
1.30
1.15
4.92
4.03
0.66
27.88
25.70
3.40
3.73
10.40
20.58
3.16
3.04
2.43
2.42
2.57
2.42
2.65
2.68
8.55
8.13
0.35
0.22
0.25
0.32
0.27
3.20
3.56
7.12
7.31
Warrant
Premium
Gearing
(%)
(x)
44.1
25.5
33.5
46.6
61.5
43.1
7.0
3.0
28.6
21.2
11.7
(0.6)
9.1
(0.8)
12.7
5.5
1.8
2.1
1.7
7.8
1.5
11.1
12.6
18.4
12.6
38.7
18.6
(2.0)
26.5
3.9
6.7
18.5
5.6
8.5
13.4
5.0
10.7
8.1
2.7
15.5
5.5
40.5
6.2
7.7
8.5
34.2
5.3
11.6
5.7
10.9
15.5
8.5
19.8
8.4
5.5
6.9
4.0
13.1
11.5
68.0
1.9
5.1
102.0
5.7
5.6
8.0
449.3
10.7
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.095
0.40
0.21
0.12
n.a.
0.04
0.255
0.115
0.095
0.10
0.135
0.115
0.13
0.15
0.09
0.15
0.08
0.22
0.15
0.125
0.20
0.145
0.15
0.15
0.10
0.075
0.27
0.12
0.19
0.165
0.315
0.095
0.11
0.20
100.0
40.0
50.0
100.0
40.0
35.0
100.0
50.0
100.0
100.0
50.0
100.0
100.0
50.0
100.0
100.0
50.0
100.0
50.0
100.0
100.0
40.0
100.0
100.0
50.0
40.0
40.0
100.0
100.0
40.0
40.0
100.0
50.0
100.0
0.6
0.7
0.8
0.8
0.9
0.5
0.2
0.1
0.7
0.2
0.6
0.2
1.0
0.4
0.3
0.2
0.8
0.1
0.1
0.1
0.4
0.5
0.6
0.5
0.9
0.0
0.0
0.2
0.2
0.4
0.6
0.9
0.1
0.7
12/06/15
08/07/15
31/07/15
28/08/15
17/09/15
04/05/15
28/01/15
28/11/14
28/07/15
28/01/15
29/05/15
28/01/15
28/10/15
31/03/15
10/02/15
28/01/15
28/08/15
21/11/14
28/11/14
28/11/14
30/03/15
21/04/15
28/05/15
28/04/15
30/09/15
10/11/14
10/11/14
12/01/15
19/01/15
08/04/15
04/06/15
30/09/15
28/11/14
30/06/15
1.50
2.00
1.50
2.00
2.00
1.30
7.00
3.22
1.50
30.00
20.00
4.00
5.00
10.00
40.00
5.00
3.50
2.00
3.00
3.00
3.00
3.00
4.00
10.00
9.00
0.75
0.75
1.00
0.50
0.50
2.67
5.00
3.00
6.00
0.04
0.045
0.03
0.025
n.a.
0.035
0.09
0.005
0.045
0.095
0.135
0.025
0.13
0.055
0.08
0.055
0.055
0.125
0.025
0.085
0.145
0.115
0.115
0.055
0.065
0.005
0.13
0.05
0.005
0.035
0.115
0.075
0.005
0.105
26
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
Maxis 301015
Maybank 270215
Maybank 310715
Maybulk 451214
Maybulk 090315
Maybulk 310315
Maybulk 080415
Maybulk 200515
MBM Resources 300115
MBSB 300115
MBSB 210815
Media Prima 290515
MISC 060215
MISC 080715
MISC 280815
MKH Berhad 310715
MMC Corp 211114
MMC Corp 281114
MMC Corp 280115
MMC Corp 300115
MMC Corp 110815
MMC Corp 050515
MMHE 090315
MMHE 300415
MPHB Capital 300115
MPHB Capital 080415
MPHB Capital 080715
MPHB Capital 280815
MRCB 211114
MRCB 270215
MRCB 180315
MRCB 110815
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.12
0.065
0.15
0.015
0.225
0.015
0.04
0.025
0.015
0.15
0.085
0.17
0.15
0.015
0.22
0.14
0.15
0.07
0.005
0.01
0.15
0.02
0.115
0.20
0.01
0.005
0.485
0.195
0.15
0.10
0.06
0.065
0.04
0.105
5.75
9.80
9.80
1.70
2.08
2.10
2.10
1.90
3.20
3.50
2.88
2.20
2.50
2.40
5.38
6.40
6.15
3.60
2.83
2.78
3.18
2.90
2.50
2.50
3.48
3.75
1.70
1.80
2.00
2.30
1.45
1.50
1.68
1.70
6.74
9.70
9.70
1.56
1.56
1.56
1.56
1.56
2.86
2.86
2.86
2.59
2.59
1.96
6.86
6.86
6.86
3.36
2.64
2.64
2.64
2.64
2.64
2.64
2.27
2.27
2.41
2.41
2.41
2.41
1.58
1.58
1.58
1.58
6.47
10.06
11.30
1.75
2.53
2.13
2.22
1.95
3.25
4.10
3.14
2.63
2.95
2.45
6.92
7.80
7.20
3.95
2.85
2.82
3.78
2.96
2.96
2.90
3.56
3.77
2.43
2.39
2.60
2.65
1.57
1.63
1.80
2.02
Warrant
Premium
Gearing
(%)
(x)
(4.0)
3.7
16.5
11.9
62.2
36.5
42.3
25.0
13.5
43.4
9.6
1.4
13.9
24.7
0.9
13.7
5.0
17.6
8.0
6.8
43.2
12.1
12.1
9.8
56.8
65.9
0.7
(1.0)
7.9
10.0
(0.6)
3.2
13.9
27.5
9.4
37.3
6.5
34.7
3.5
52.0
13.0
31.2
63.6
4.8
11.2
6.1
5.8
43.6
4.5
4.9
6.5
9.6
132.0
66.0
4.4
44.0
5.7
6.6
28.4
151.3
3.3
4.1
4.0
6.9
13.2
12.2
13.2
5.0
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.145
0.14
n.a.
0.22
0.225
0.185
0.085
0.08
0.015
n.a.
0.10
0.195
n.a.
0.11
0.275
0.16
0.15
0.21
0.11
0.195
n.a.
0.145
0.145
0.205
0.12
0.22
0.67
0.32
0.22
0.17
0.195
0.195
0.11
0.135
50.0
50.0
100.0
40.0
100.0
50.0
40.0
100.0
50.0
40.0
100.0
50.0
100.0
50.0
100.0
40.0
50.0
50.0
100.0
100.0
100.0
50.0
40.0
35.0
100.0
50.0
50.0
40.0
40.0
50.0
100.0
50.0
100.0
40.0
1.0
0.3
0.8
0.1
0.4
0.4
0.4
0.4
0.3
0.3
0.3
0.3
0.8
0.6
0.3
0.7
0.8
0.8
0.1
0.1
0.8
0.3
0.8
0.5
0.4
0.5
0.3
0.4
0.7
0.8
0.1
0.3
0.4
0.8
30/10/15
27/02/15
31/07/15
15/12/14
09/03/15
31/03/15
08/04/15
08/04/15
30/01/15
23/02/15
27/02/15
30/01/15
21/08/15
29/05/15
06/02/15
08/07/15
28/08/15
31/07/15
21/11/14
28/11/14
11/08/15
30/01/15
11/08/15
05/05/15
09/03/15
30/04/15
30/01/15
08/04/15
08/07/15
28/08/15
21/11/14
27/02/15
18/03/15
11/08/15
6.00
4.00
10.00
3.00
2.00
2.00
3.00
2.00
3.00
4.00
3.00
2.50
3.00
3.00
7.00
10.00
7.00
5.00
4.00
4.00
4.00
3.00
4.00
2.00
8.00
3.00
1.50
3.00
4.00
3.50
2.00
2.00
3.00
3.00
0.115
0.03
n.a.
0.005
0.065
0.005
0.04
0.02
0.015
n.a.
0.075
0.07
n.a.
0.01
0.165
0.14
0.15
0.06
0.005
0.005
n.a.
0.01
0.085
0.175
0.01
0.005
0.12
0.115
0.09
0.06
0.06
0.035
0.035
0.105
27
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
MSM Malaysia 300115

MSM Malaysia 060215
Mudajaya 270215
Muhibbah Engineering 080715
My E.G. Services 190115
NCB Holdings 090315
Padini 280815
Parkson 211114
Parkson 300115
Parkson 300615
Perisai Petroleum 090315
Petronas Chemicals 280115
Petronas Dagangan 300115
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.05
0.075
0.01
0.095
0.08
0.15
0.215
0.325
0.20
0.20
0.115
0.175
0.005
0.04
0.11
0.325
0.05
0.035
0.05
0.015
0.03
0.06
0.15
0.01
0.01
0.015
0.15
0.10
0.15
0.005
0.15
0.15
0.12
0.15
5.00
4.88
2.60
2.90
3.00
3.28
2.68
2.60
3.00
3.08
4.20
3.50
3.48
1.85
2.953
2.492
3.07
1.80
1.80
2.00
2.00
1.78
1.58
1.78
1.50
1.55
1.28
6.78
6.30
30.00
32.00
20.50
18.00
19.00
4.91
4.91
2.08
2.90
2.90
2.90
4.02
4.02
4.02
4.02
4.02
4.02
2.41
1.84
2.52
2.52
2.52
1.62
1.62
1.62
1.62
1.62
1.62
1.11
1.11
1.11
1.11
6.15
6.15
20.40
20.40
20.40
20.40
20.40
5.20
5.48
2.62
3.38
3.48
4.18
3.97
3.90
4.00
4.28
4.89
4.55
3.51
1.97
3.16
3.07
3.27
1.94
2.00
2.06
2.12
2.02
2.18
1.80
1.53
1.58
1.58
7.78
7.20
30.13
35.75
23.50
21.60
20.50
Warrant
Premium
Gearing
(%)
(x)
5.9
11.6
26.0
16.4
20.0
44.1
(1.2)
(3.0)
(0.5)
6.5
21.6
13.2
45.4
7.1
25.4
21.8
29.8
19.8
23.5
27.2
30.9
24.7
34.6
62.2
37.8
42.3
42.3
26.5
17.1
47.7
75.2
15.2
5.9
0.5
24.6
8.2
104.0
6.1
6.0
3.2
3.1
3.1
4.0
3.4
5.8
3.8
96.4
15.3
12.1
4.4
12.6
11.6
8.1
27.0
13.5
6.8
2.7
55.5
37.0
37.0
3.7
6.2
6.8
163.2
5.4
6.8
5.7
13.6
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.105
0.085
0.205
0.26
0.15
n.a.
0.245
0.355
0.24
0.235
0.12
0.18
0.125
0.105
0.18
0.33
0.11
0.12
0.14
0.085
0.075
0.095
n.a.
0.11
0.125
0.115
n.a.
0.115
n.a.
0.12
n.a.
0.185
0.12
n.a.
50.0
100.0
50.0
40.0
50.0
100.0
100.0
50.0
40.0
100.0
35.0
35.0
100.0
50.0
100.0
50.0
100.0
40.0
100.0
50.0
100.0
100.0
100.0
100.0
40.0
50.0
100.0
100.0
100.0
50.0
100.0
100.0
50.0
20.0
0.3
0.3
0.3
0.7
0.8
0.8
0.2
0.3
0.3
0.7
0.5
0.5
0.4
0.8
0.1
0.3
0.7
0.3
0.4
0.4
0.5
0.8
1.0
0.4
0.5
0.8
1.0
0.2
0.8
0.3
0.4
0.9
1.0
0.5
30/01/15
06/02/15
27/02/15
08/07/15
31/07/15
18/08/15
19/01/15
30/01/15
23/02/15
28/07/15
04/05/15
04/05/15
09/03/15
28/08/15
21/11/14
30/01/15
30/06/15
23/02/15
09/03/15
31/03/15
07/05/15
28/08/15
28/10/15
09/03/15
21/04/15
31/07/15
28/10/15
28/01/15
31/07/15
30/01/15
09/03/15
12/09/15
30/10/15
05/05/15
4.00
8.00
2.00
5.00
6.00
6.00
6.00
4.00
5.00
6.00
6.00
6.00
5.00
3.00
1.89
1.78
4.00
4.00
4.00
4.00
4.00
4.00
4.00
2.00
3.00
2.00
2.00
10.00
6.00
25.00
25.00
20.00
30.00
10.00
0.025
0.07
0.005
0.08
0.08
n.a.
0.05
0.10
0.05
0.09
0.115
0.14
0.005
0.04
0.03
0.115
0.03
0.01
0.03
0.01
0.03
0.06
n.a.
0.005
0.005
0.01
n.a.
0.10
n.a.
0.005
n.a.
0.15
0.095
n.a.
28
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14

Petronas Gas 301015
POS Malaysia 080415
POS Malaysia 290515
Press Metal 280515
Press Metal 040615
Press Metal 280715
Press Metal 170915
Press Metal 050515
Press Metal 050515
Press Metal 210815
Public Bank 281114
Public Bank 300615
Puncak Niaga 161214
Puncak Niaga 180315
Puncak Niaga 080415
Puncak Niaga 050515
QL Resources 301015
QL Resources 210815
RHB Capital 270215
RHB Capital 210815
SapuraKencana Petroleum 190115
Sarawak Oil Palms 281015
Scientex 230215
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.035
0.095
0.10
0.115
0.395
0.54
0.25
0.095
0.165
0.285
0.27
0.125
0.03
0.045
0.075
0.13
0.065
0.15
0.15
0.29
0.15
0.005
0.01
0.005
0.03
0.015
0.045
0.045
0.15
0.15
0.045
0.125
0.15
0.22
6.40
20.50
4.80
4.45
3.58
3.50
4.48
7.50
7.00
6.00
5.60
17.443
19.091
3.10
3.18
2.80
3.40
3.10
3.30
7.50
9.20
4.68
4.50
5.00
4.50
4.50
4.00
4.18
4.20
4.20
5.00
3.48
5.68
5.00
6.15
22.48
5.05
5.05
6.60
6.60
6.60
6.60
6.60
6.60
6.60
18.54
18.54
3.31
3.31
3.31
3.31
3.44
3.44
8.80
8.80
3.41
3.41
3.41
3.41
3.41
3.41
3.41
3.41
3.41
3.41
3.41
5.75
7.15
6.58
23.35
5.40
5.03
6.74
6.74
6.98
8.83
8.16
7.71
7.76
18.65
19.67
3.37
3.63
3.45
3.79
3.85
4.05
8.95
10.40
4.72
4.58
5.03
4.65
4.58
4.23
4.50
4.56
4.95
5.23
4.23
7.18
7.20
Warrant
Premium
Gearing
(%)
(x)
6.9
3.9
6.9
(0.5)
2.1
2.1
5.8
33.8
23.6
16.8
17.6
0.6
6.1
1.8
9.7
4.2
14.5
11.9
17.7
1.7
18.2
38.4
34.3
47.4
36.4
34.2
23.9
31.8
33.7
45.2
53.2
24.0
24.9
0.7
35.1
7.9
8.4
8.8
2.1
2.0
2.6
5.0
5.7
3.9
3.1
15.3
31.9
12.3
7.4
5.1
8.5
4.6
4.6
6.1
7.3
85.3
42.6
136.4
22.7
45.5
15.2
10.8
9.5
4.5
15.2
4.5
3.8
3.3
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.09
0.105
0.21
0.225
0.50
0.70
0.335
0.15
0.205
0.315
0.30
0.345
0.20
0.155
0.175
0.255
0.065
n.a.
n.a.
0.465
n.a.
0.12
0.125
0.12
0.13
0.125
0.18
0.055
n.a.
n.a.
0.055
0.125
n.a.
0.275
50.0
50.0
40.0
50.0
100.0
40.0
100.0
40.0
35.0
35.0
100.0
50.0
50.0
40.0
100.0
40.0
35.0
50.0
100.0
50.0
100.0
100.0
40.0
50.0
100.0
100.0
50.0
100.0
35.0
100.0
35.0
100.0
100.0
40.0
0.7
1.0
0.4
0.6
0.6
0.6
0.7
0.9
0.5
0.5
0.6
0.1
0.7
0.1
0.4
0.4
0.5
1.0
0.8
0.3
0.8
0.2
0.2
0.3
0.5
0.6
0.7
0.8
0.5
0.8
0.8
1.0
1.0
0.3
30/06/15
30/10/15
08/04/15
29/05/15
28/05/15
04/06/15
28/07/15
17/09/15
05/05/15
05/05/15
21/05/15
28/11/14
30/06/15
15/12/14
18/03/15
08/04/15
05/05/15
30/10/15
21/08/15
27/02/15
21/08/15
19/01/15
22/01/15
30/01/15
07/05/15
20/05/15
30/06/15
28/08/15
05/05/15
31/07/15
01/09/15
28/10/15
28/10/15
23/02/15
5.00
30.00
6.00
5.00
8.00
6.00
10.00
14.00
7.00
6.00
8.00
9.69
19.38
6.00
6.00
5.00
6.00
5.00
5.00
5.00
8.00
8.00
8.00
5.00
5.00
5.00
5.00
7.00
2.40
5.00
5.00
6.00
10.00
10.00
0.02
0.075
0.095
0.10
0.135
0.18
0.115
0.05
0.075
0.15
0.20
0.085
0.03
0.035
0.065
0.12
0.06
n.a.
n.a.
0.185
n.a.
0.005
0.005
0.005
0.03
0.01
0.03
0.04
n.a.
n.a.
0.045
0.115
n.a.
0.125
29
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14
Scientex 280515
Scomi Energy 120115
Scomi Energy 210415
Scomi Energy 210415
Selangor Properties 300315
7-Eleven Malaysia 280915
Sime Darby 151214
Sime Darby 270215
SP Setia 270215
SP Setia 210415
Sunway Bhd 281114
Sunway Bhd 300315
Sunway Bhd 290515
Sunway Bhd 300615
Sunway Bhd 210815
Supermax 280115
Supermax 300115
Supermax 300115
Supermax 120615
Supermax 110815
Supermax 110815
Supermax 300915
Supermax 010715
TA Enterprise 040615
TA Global 080715
Takaful 100215
Tan Chong Motor 300115
Tan Chong Motor 270215
Telekom Malaysia 220115
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.215
0.01
0.03
0.15
0.14
0.11
0.075
0.10
0.025
0.145
0.365
0.125
0.17
0.195
0.13
0.15
0.15
0.02
0.015
0.015
0.09
0.12
0.12
0.135
0.285
0.13
0.05
0.15
0.095
0.135
0.10
0.15
0.185
0.16
5.68
1.00
1.00
1.08
4.905
1.78
2.08
1.70
9.50
8.80
2.75
3.00
3.00
2.68
3.10
3.00
3.30
3.08
2.95
2.95
2.40
2.30
2.30
2.15
2.50
0.80
0.98
1.00
0.35
9.38
5.75
5.48
5.50
6.10
7.15
0.755
0.755
0.755
5.86
1.67
1.67
1.67
9.68
9.68
3.29
3.29
3.45
3.45
3.45
3.45
3.45
2.33
2.33
2.33
2.33
2.33
2.33
2.33
2.33
0.87
0.87
0.87
0.35
11.90
4.14
4.14
7.20
7.20
7.83
1.02
1.09
1.38
6.17
2.22
2.38
2.00
9.85
9.53
3.48
3.50
3.51
3.46
3.49
3.60
3.83
3.18
3.00
3.00
2.67
2.78
2.78
2.56
2.79
0.93
1.06
1.23
0.40
12.35
6.25
6.68
6.61
6.90
Warrant
Premium
Gearing
(%)
(x)
9.5
35.1
44.4
82.8
5.2
32.9
42.5
19.8
1.8
(1.6)
5.8
6.4
1.7
0.3
1.2
4.3
10.9
36.5
28.5
28.5
14.6
19.3
19.3
9.7
19.5
6.9
21.3
40.8
13.6
3.8
51.0
61.4
(8.2)
(4.2)
3.3
37.8
8.4
2.5
4.7
3.8
5.6
5.6
27.7
13.4
4.5
6.6
6.8
4.4
8.8
5.8
6.6
23.3
51.8
51.8
8.6
4.9
4.9
5.8
8.2
6.7
11.6
3.9
7.4
4.0
8.3
3.5
6.5
9.0
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.26
0.155
0.11
n.a.
0.26
0.125
0.08
0.10
0.08
0.20
0.445
0.215
0.17
0.23
0.19
0.155
n.a.
0.225
0.165
0.165
0.115
0.13
0.13
0.155
0.285
0.345
0.165
n.a.
0.28
0.215
0.13
n.a.
0.205
0.19
100.0
100.0
40.0
100.0
100.0
100.0
100.0
50.0
40.0
50.0
50.0
40.0
100.0
100.0
50.0
100.0
100.0
100.0
50.0
50.0
100.0
40.0
40.0
50.0
20.0
40.0
100.0
40.0
40.0
100.0
50.0
100.0
40.0
50.0
0.6
0.2
0.5
0.9
0.4
0.9
0.9
0.9
0.1
0.3
0.3
0.5
0.1
0.4
0.6
0.7
0.8
0.2
0.3
0.3
0.6
0.8
0.8
0.9
0.7
0.6
0.7
0.8
0.7
0.3
0.3
0.3
0.2
0.7
28/05/15
12/01/15
21/04/15
28/09/15
30/03/15
28/09/15
28/09/15
30/09/15
15/12/14
27/02/15
27/02/15
21/04/15
28/11/14
30/03/15
29/05/15
30/06/15
21/08/15
28/01/15
30/01/15
30/01/15
12/06/15
11/08/15
11/08/15
30/09/15
01/07/15
04/06/15
28/07/15
11/08/15
08/07/15
10/02/15
30/01/15
27/02/15
22/01/15
30/06/15
10.00
2.00
3.00
2.00
9.00
4.00
4.00
3.00
14.00
5.00
2.00
4.00
3.00
4.00
3.00
4.00
3.50
5.00
3.00
3.00
3.00
4.00
4.00
3.00
1.00
1.00
1.50
1.50
0.50
22.00
5.00
8.00
6.00
5.00
0.14
0.01
0.025
n.a.
0.115
0.10
0.07
0.10
0.015
0.06
0.18
0.10
0.10
0.15
0.09
0.15
n.a.
0.015
0.01
0.01
0.07
0.10
0.10
0.10
0.255
0.08
0.05
n.a.
0.065
0.13
0.10
n.a.
0.065
0.08
30
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14

Tenaga Nasional 151214
TDM 300915
TH Plantations 281015
Top Glove 280115
Top Glove 270215
Tropicana Corp 270215
TSH Resources 120115
Tune Ins Holdings 270215
UEM Sunrise 220115
UEM Sunrise 300115
UEM Sunrise 300315
UEM Sunrise 170915
UEM Sunrise 300715
UEM Sunrise 300915
United Plantations 281015
UMW Holdings 181114
UMW Holdings 220115
UMW Holdings 290515
UMW Oil & Gas 101114
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.53
0.18
0.225
0.105
0.13
0.14
0.13
0.095
0.15
0.015
0.015
0.145
0.08
0.055
0.095
0.23
0.15
0.11
0.005
0.005
0.025
0.15
0.07
0.075
0.15
0.015
0.04
0.115
0.065
0.115
0.17
0.195
0.15
0.25
6.60
10.50
10.50
11.88
12.00
12.18
12.50
0.88
1.58
5.78
5.40
1.20
1.28
1.48
2.133
1.933
2.253
1.85
2.30
2.30
2.08
2.00
1.85
1.88
27.08
12.28
12.00
10.80
3.00
2.70
3.38
2.88
2.68
3.10
7.20
13.36
13.36
13.36
13.36
13.36
13.36
0.925
1.69
4.89
4.89
1.31
1.31
1.31
2.38
2.38
2.38
2.17
1.88
1.88
1.88
1.88
1.88
1.88
25.62
11.68
11.68
11.68
3.27
3.27
3.27
3.27
3.27
3.27
7.66
13.38
12.30
13.77
13.95
14.28
14.45
1.07
2.18
5.89
5.48
1.35
1.44
1.59
2.45
2.39
2.85
2.07
2.33
2.32
2.18
2.30
2.06
2.07
33.08
12.51
12.80
11.95
3.26
3.28
4.23
3.86
3.43
3.85
Warrant
Premium
Gearing
(%)
(x)
6.4
0.1
(7.9)
3.1
4.4
6.9
8.2
15.7
29.0
20.3
12.0
2.7
9.9
21.4
2.9
0.5
19.9
(4.6)
23.7
23.1
16.0
22.3
9.6
10.0
29.1
7.1
9.6
2.3
(0.3)
0.2
29.4
17.9
4.9
17.7
6.8
4.6
7.4
7.1
6.9
6.4
6.9
4.9
2.8
46.6
65.2
9.0
8.2
11.9
7.5
5.2
4.0
9.9
75.2
125.3
18.8
6.3
9.0
10.0
4.3
51.9
14.6
10.2
12.6
5.7
3.8
3.4
4.4
4.4
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.53
0.18
0.25
0.11
0.155
0.15
0.14
0.095
n.a.
0.125
0.125
0.445
0.25
0.095
0.175
0.315
n.a.
0.36
0.09
0.105
0.175
n.a.
0.08
0.10
n.a.
0.16
0.085
0.19
0.43
0.385
0.25
0.285
n.a.
0.525
15.0
40.0
50.0
100.0
40.0
100.0
100.0
100.0
100.0
100.0
50.0
50.0
100.0
40.0
100.0
50.0
100.0
100.0
40.0
50.0
100.0
40.0
100.0
50.0
100.0
100.0
40.0
50.0
40.0
40.0
100.0
100.0
100.0
50.0
0.8
0.1
0.3
0.3
0.6
0.7
0.8
0.9
11.0
0.2
0.3
0.3
0.4
0.7
0.2
0.3
1.0
0.3
0.2
0.3
0.4
0.9
0.8
0.9
1.0
0.1
0.2
0.6
0.0
0.0
0.1
0.1
0.1
0.1
01/09/15
15/12/14
30/01/15
06/02/15
04/06/15
30/06/15
21/08/15
30/09/15
28/10/25
28/01/15
27/02/15
27/02/15
30/03/15
08/07/15
12/01/15
30/01/15
28/10/15
27/02/15
22/01/15
30/01/15
30/03/15
17/09/15
31/07/15
30/09/15
28/10/15
18/11/14
22/01/15
29/05/15
10/11/14
10/11/14
18/11/14
18/11/14
18/11/14
28/11/14
2.00
16.00
8.00
18.00
15.00
15.00
15.00
2.00
4.00
7.00
5.00
1.00
2.00
2.00
3.33
2.00
4.00
2.00
5.00
3.00
4.00
2.00
3.00
2.50
40.00
15.00
20.00
10.00
4.00
5.00
5.00
5.00
5.00
3.00
0.525
0.10
0.11
0.065
0.09
0.11
0.13
0.085
n.a.
0.01
0.01
0.06
0.065
0.03
0.06
0.08
n.a.
0.095
0.005
0.005
0.025
n.a.
0.07
0.045
n.a.
0.01
0.04
0.09
0.05
0.09
0.11
0.155
n.a.
0.19
31
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants
31 Oct 14

UOA Development 300315
UOA Development 300615
Wah Seong 180315
Wah Seong 110815
Wah Seong 301015
WCT Holdings 211114
WCT Holdings 220115
WCT Holdings 180315
WCT Holdings 300615
Westports 060215
Yinson 090315
Yinson 310315
Yinson 080415
Yinson 280415
Yinson 050515
Yinson 050515
Yinson 210815
YTL Corp 101114
YTL Corp 300615
YTL Corp 300915
YTL Power 220115
YTL Power 310715
YTL Power 050515
Zhulian 060215
Zhulian 230215
Zhulian 300415
Zhulian 300915
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
0.31
0.58
0.01
0.015
0.085
0.02
0.15
0.13
0.12
0.015
0.10
0.065
0.10
0.025
0.105
0.12
0.15
0.15
0.10
0.07
0.15
0.15
0.255
0.155
0.035
0.15
0.12
0.04
0.115
0.15
0.005
0.045
0.015
0.10
2.80
2.50
4.20
4.00
4.58
4.10
3.08
1.88
2.00
2.00
1.88
1.64
2.20
2.20
2.28
2.10
2.28
2.23
2.87
2.83
2.83
3.20
2.60
2.60
1.60
1.50
1.50
1.71
1.40
1.50
5.38
3.00
2.90
2.48
3.27
3.27
3.27
3.27
3.27
3.27
3.27
2.12
2.12
1.66
1.66
1.66
2.17
2.17
2.17
2.17
3.0
2.91
2.91
2.91
2.91
2.91
2.91
2.91
1.66
1.66
1.66
1.59
1.59
1.59
2.14
2.14
2.14
2.14
3.73
4.24
4.27
4.11
5.09
4.18
3.83
2.27
2.24
2.06
2.18
1.84
2.40
2.28
2.60
2.34
3.03
2.95
3.19
3.17
3.69
3.80
3.24
3.38
1.71
1.80
1.86
1.79
1.63
1.70
5.42
3.27
2.95
2.98
Warrant
Premium
Gearing
(%)
(x)
14.1
29.7
30.6
25.5
55.7
27.8
17.1
7.1
5.7
24.1
31.3
10.5
10.6
4.8
19.6
7.8
1.0
1.3
9.5
8.8
26.8
30.6
11.3
16.0
2.7
8.4
12.0
12.8
2.5
6.6
153.3
52.8
37.6
39.3
3.5
1.9
46.7
31.1
6.4
40.9
4.4
5.4
8.8
27.7
5.5
8.5
10.9
28.9
6.9
9.0
4.0
4.1
9.1
8.7
3.4
4.9
4.6
3.8
15.8
5.5
4.6
19.9
6.9
8.2
53.5
7.9
47.6
4.3
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
0.50
0.73
0.095
0.16
0.17
0.23
n.a.
0.225
0.135
0.14
0.10
0.07
0.15
0.11
0.12
0.19
0.175
0.27
0.245
0.185
0.165
n.a.
0.28
0.155
0.085
n.a.
0.13
0.11
0.125
0.15
0.06
0.11
0.145
0.10
50.0
50.0
100.0
40.0
100.0
50.0
100.0
100.0
50.0
100.0
40.0
50.0
100.0
40.0
100.0
50.0
100.0
100.0
50.0
40.0
100.0
35.0
25.0
100.0
40.0
100.0
50.0
40.0
50.0
35.0
100.0
40.0
50.0
100.0
0.1
0.1
0.2
0.2
0.2
0.3
1.0
0.4
0.7
0.4
0.8
1.0
0.1
0.2
0.4
0.7
0.3
0.4
0.4
0.4
0.5
0.5
0.5
0.8
0.0
0.7
0.0
0.9
0.8
0.5
0.3
0.3
0.5
0.9
28/11/14
28/11/14
12/01/15
22/01/15
28/01/15
30/01/15
28/10/15
30/03/15
30/06/15
18/03/15
11/08/15
30/10/15
21/11/14
22/01/15
18/03/15
30/06/15
06/02/15
09/03/15
31/03/15
08/04/15
28/04/15
05/05/15
05/05/15
21/08/15
10/11/14
30/06/15
10/11/14
30/09/15
31/07/15
05/05/15
06/02/15
23/02/15
30/04/15
30/09/15
3.00
3.00
7.00
7.00
6.00
4.00
5.00
3.00
2.00
4.00
3.00
3.00
2.00
3.00
3.00
2.00
5.00
4.78
3.19
4.78
5.74
4.00
2.50
5.00
3.00
2.00
3.00
2.00
2.00
1.30
8.00
6.00
3.00
5.00
0.24
0.275
0.01
0.015
0.085
0.02
n.a.
0.11
0.095
0.01
0.09
0.045
0.09
0.025
0.075
0.105
0.09
0.055
0.03
0.07
0.06
n.a.
0.21
0.105
0.025
n.a.
0.095
0.025
0.085
0.07
0.005
0.035
0.01
0.10
32
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Covered Warrants Overseas

31 Oct 14
Warrant
Price
(RM)
Exercise
Price
(RM)
Share
Price
(RM)
Conversion
Price
(RM)
Warrant
Premium
Gearing
(%)
(x)
Warrant 52-Week
High
Low
(RM)
(RM)
Issue
Size
(m)
Years
To Run
Expiry
Conversion
Ratio
(Wrt : 1 Shr)
Apple 200115 (a)
0.26
74.29
108.0
107.96
(0.0)
3.2
0.26
0.095
40.0
0.2
20/01/15
429
Bank Of America 020715 (a)
0.165
15.50
17.16
18.99
10.7
4.9
0.165
0.145
40.0
0.7
02/07/15
70
Citibank 200115 (a)
0.035
55.00
53.53
58.70
9.7
14.5
0.055
0.03
40.0
0.2
20/01/15
350
Facebook 200115 (a)
0.165
55.00
74.99
76.44
1.9
3.5
0.215
0.105
40.0
0.2
21/01/15
430
Genting Singapore 270215 (b)
0.005
1.40
1.10
1.41
27.8
188.5
0.08
0.005
50.0
0.3
27/02/15
3.0
Genting Singapore 020715 (b)
0.08
1.33
1.10
1.42
29.4
11.8
0.14
0.08
40.0
0.7
02/07/15
3.0
Google 070715 (a)
0.105
550
559.08
632
13.1
6.8
0.175
0.105
40.0
0.7
02/07/15
2,600
Ishares Silver Trust 201015 (a)
0.025
19.00
15.50
24.86
60.4
2.6
0.15
0.025
40.0
0.2
20/01/15
100
MGM China 200115 (c)
0.005
33.93
24.90
34.16
37.2
106.2
0.125
0.005
40.0
0.2
21/01/15
20
Prada 200115 (c)
0.02
70.00
47.75
72.34
51.5
20.4
0.07
0.015
40.0
0.2
20/01/15
50
Lenovo Group 020715 (c)
0.185
10.00
11.42
12.60
10.3
4.4
0.26
0.15
40.0
0.7
02/07/15
Sands China 020715 (c)
0.09
52.00
48.30
59.38
22.9
6.5
0.215
0.045
40.0
0.7
02/07/15
35
Tencent Holdings 020715 (c)
0.125
110.00
123.60
133.44
8.0
5.3
0.19
0.115
40.0
0.7
02/07/15
80
Twitter 201015 (a)
0.065
60.00
41.47
69.04
66.5
4.6
0.19
0.025
40.0
0.2
20/01/15
460
Weibo Corporation 020715 (a)
0.13
20.00
18.51
24.71
33.5
3.9
0.165
0.13
40.0
0.7
02/07/15
120
(a) In US$, except warrant price.

(b) In S$, except warrant price.
(c) In HK$, except warrant price.
(d) In JPY, except warrant price.
33
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Diary Of Events
Monday
Sunday
Tuesday
Wednesday
Thursday
Friday
Saturday
1
Malayisa Airports Holdings (3Q14)
10
Carlsber Brewery (3Q14)
5
MMHE (3Q14)
11
Aug Manufacturing Sales

Sep IPI
Guinness Anchor (1Q15)
Mah Sing (3Q14)
12
Hartalega (2Q15)
6
Overnight Policy Rate
13
Perisai Petroleum (3Q14)
Sep Trade Figures

31 Oct Foreign Reserves
KLCC Property (3Q14)
MISC (3Q14)
Sunway REIT (1Q15)
14
15
3Q14 Balance of Payment

3Q14 GDP
AMMB (2Q15)
Maxis (3Q14)
Magnum (3Q14)
34
M a l a y s i a
C o r p o r a t e
November 2014
G u i d e
Diary Of Events
Monday
Sunday
16
17
Tuesday
18
CIMB Group (3Q14)
IOI Corp (1Q15)
23
24
Axiata (3Q14)
WCT Holdings (3Q14)
25
IJM Plantations (2Q15)
IJM Corp (2Q15)
UEM Sunrise (3Q14)
Wednesday
Thursday
19
Oct CPI
AirAsia (3Q14)
Dialog (3Q14)
Kuala Lumpur Kepong (Final14)
26
(3Q14)
Hong Leong Bank (1Q15)
Hong Leong Financial (1Q15)
UMW Holdings (3Q14)
20
Bumi Armada (3Q14)
27
Genting Plantations (3Q14)

Sunway Bhd (3Q14)
Telekom Malaysia (3Q14)
Tropicana Corp (3Q14)
Friday
21
22
14 Nov Foreign Reserves

Maybank (3Q14)
Kossan Rubber (3Q14)
QL Resources (2Q15)
SKP Resources (2Q15)
Uzma (3Q14)
28
Saturday
29
Oct Monetary & Loan Figures

Alliance Financial (2Q15)
Genting Bhd (3Q14)
Genting Malaysia (3Q14)
MRCB (3Q14)
RHB Capital (3Q14)
Sime Darby (1Q15)
30
35
M a l a y s i a
C o r p o r a t e
G u i d e
November 2014
Disclosures/Disclaimers
This report is prepared and/or distributed by UOB Kay Hian Pte Ltd (UOBKH), which is a holder of a capital markets services licence and an exempt financial adviser in Singapore.
This report is provided for information only and is not an offer or a solicitation to deal in securities or to enter into any legal relations, nor an advice or a recommendation with respect to such securities.
This report is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any recipient hereof. Advice should be sought
from a financial adviser regarding the suitability of the investment product, taking into account the specific investment objectives, financial situation or particular needs of any person in receipt of the
recommendation, before the person makes a commitment to purchase the investment product.
This report is confidential. This report may not be published, circulated, reproduced or distributed in whole or in part by any recipient of this report to any other person without the prior written consent of
UOBKH. This report is not intended for distribution, publication to or use by any person in any jurisdiction outside Singapore or any other jurisdiction as UOBKH may determine in its absolute discretion,
where the distribution, publication or use of this report would be contrary to applicable law or would subject UOBKH and its connected persons (as defined in the Financial Advisers Act, Chapter 110 of
Singapore) to any registration, licensing or other requirements within such jurisdiction.
The information or views in the report (Information) has been obtained or derived from sources believed by UOBKH to be reliable. However, UOBKH makes no representation as to the accuracy or
completeness of such sources or the Information and UOBKH accepts no liability whatsoever for any loss or damage arising from the use of or reliance on the Information. UOBKH and its connected
persons may have issued other reports expressing views different from the Information and all views expressed in all reports of UOBKH and its connected persons are subject to change without notice.
UOBKH reserves the right to act upon or use the Information at any time, including before its publication herein.
Except as otherwise indicated below, (1) UOBKH, its connected persons and its officers, employees and representatives may, to the extent permitted by law, transact with, perform or provide broking,
underwriting, corporate finance-related or other services for or solicit business from, the subject corporation(s) referred to in this report; (2) UOBKH, its connected persons and its officers, employees and
representatives may also, to the extent permitted by law, transact with, perform or provide broking or other services for or solicit business from, other persons in respect of dealings in the securities
referred to in this report or other investments related thereto; (3) the officers, employees and representatives of UOBKH may also serve on the board of directors or in trustee positions with the subject
corporation(s) referred to in this report. (All of the foregoing is hereafter referred to as the Subject Business); and (4) UOBKH may otherwise have an interest (including a proprietary interest) in the
subject corporation(s) referred to in this report.
As of the date of this report, no analyst responsible for any of the content in this report has any proprietary position or material interest in the securities of the corporation(s) which are referred to in the
content they respectively author or are otherwise responsible for.
Each research analyst of UOBKH who produced this report hereby certifies that (1) the views expressed in this report in any event accurately reflect his/her personal views about all of the subject
corporation(s) and securities in this report; (2) the report was produced independently by him/her; (3) he/she does not carry out, whether for himself/herself or on behalf of UOBKH or any other person, any
of the Subject Business involving any of the subject corporation(s) or securities referred to in this report; and (4) he/she has not received and will not receive any compensation that is directly or indirectly
related or linked to the recommendations or views expressed in this report or to any sales, trading, dealing or corporate finance advisory services or transaction in respect of the securities in this report.
However, the compensation received by each such research analyst is based upon various factors, including UOBKHs total revenues, a portion of which are generated from UOBKHs business of dealing
in securities.
IMPORTANT DISCLOSURES FOR INCLUDED RESEARCH ANALYSES OR REPORTS OF FOREIGN RESEARCH HOUSES
Where the report is distributed in Singapore and contains research analyses or reports from a foreign research house, please note:
(i) recipients of the analyses or reports are to contact UOBKH (and not the relevant foreign research house) in Singapore in respect of any matters arising from, or in connection with, the analysis or report;
and
36
M a l a y s i a
C o r p o r a t e
G u i d e
November 2014
(ii) to the extent that the analyses or reports are delivered to and intended to be received by any person in Singapore who is not an accredited investor, expert investor or institutional investor, UOBKH
accepts legal responsibility for the contents of the analyses or reports
IMPORTANT DISCLOSURES FOR U.S. PERSONS
This research report was prepared by UOBKH, a company authorized, as noted above, to engage in securities activities in Singapore. UOBKH is not a registered broker-dealer in the United States and,
therefore, is not subject to U.S. rules regarding the preparation of research reports and the independence of research analysts. This research report is provided for distribution by UOBKH (whether directly
or through its US registered broker dealer affiliate named below) to major U.S. institutional investors in reliance on the exemption from registration provided by Rule 15a-6 of the U.S. Securities Exchange
Act of 1934, as amended (the Exchange Act). All US persons that receive this document by way of distribution from or which they regard as being from UOBKH by their acceptance thereof represent and
agree that they are a major institutional investor and understand the risks involved in executing transactions in securities.
Any U.S. recipient of this research report wishing to effect any transaction to buy or sell securities or related financial instruments based on the information provided in this research report should do so
only through UOB Kay Hian (U.S.) Inc (UOBKHUS), a registered broker-dealer in the United States. Under no circumstances should any recipient of this research report effect any transaction to buy or
sell securities or related financial instruments through UOBKH.
UOBKHUS accepts responsibility for the contents of this research report, subject to the terms set out below, to the extent that it is delivered to and intended to be received by a U.S. person other than a
major U.S. institutional investor.
The analyst whose name appears in this research report is not registered or qualified as a research analyst with the Financial Industry Regulatory Authority (FINRA) and may not be an associated person
of UOBKHUS and, therefore, may not be subject to applicable restrictions under FINRA Rules on communications with a subject company, public appearances and trading securities held by a research
analyst account.
Analyst Certification/Regulation AC
As noted above, each research analyst of UOBKH who produced this report hereby certifies that (1) the views expressed in this report accurately reflect his/her personal views about all of the subject
corporation(s) and securities in this report; (2) the report was produced independently by him/her; (3) he/she does not carry out, whether for himself/herself or on behalf of UOBKH or any other person, any
of the Subject Business involving any of the subject corporation(s) or securities referred to in this report; and (4) he/she has not received and will not receive any compensation that is directly or indirectly
related or linked to the recommendations or views expressed in this report or to any sales, trading, dealing or corporate finance advisory services or transaction in respect of the securities in this report.
However, the compensation received by each such research analyst is based upon various factors, including UOBKHs total revenues, a portion of which are generated from UOBKHs business of dealing
in securities.
UOB Kay Hian (Malaysia) Holdings Sdn Bhd (210102-T)

Suite 19-02, 19th Floor, Menara Keck Seng, 203 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia.
Tel: (603) 2147 1988, Fax: (603) 2147 1983
http://research.uobkayhian.com
MCI (P) 116/03/2014
RCB Regn. No. 198700235E
Copyright 2014, UOB Kay Hian Pte Ltd. All rights reserved.
37

Corporate Guide - Malaysia, November 2014

Загружено:

Сведения о документе

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

Corporate Guide - Malaysia, November 2014

Загружено:

Авторское право:

Доступные форматы

M a l a y s i a

Market Outlook & Strategy

* Top 100 companies by market capitalization.

Refer to last page for important disclosures.

From 1 Nov 13 to 31 Oct 14

SECTOR RATINGS & STOCK RECOMMENDATIONS

Oct/Sep (% Chg) Weighting*

OIL & GAS - OFFSHORE ASSET OWNERS

OIL & GAS - OFFSHORE CONTRACTORS

OIL & GAS - SHIPPING

----------- EPS Growth ----------2013

OIL & GAS - HEAVY ENGINEERING

Refer to last page for important disclosures.

------- Yield ------2013

Market Book Price/

Refer to last page for important disclosures.

Share Price Last

Market Book Price/

OIL & GAS - HEAVY ENGINEERING

OIL & GAS - OFFSHORE ASSET OWNERS

OIL & GAS - OFFSHORE CONTRACTORS

OIL & GAS - SHIPPING

Refer to last page for important disclosures.

Share Price Last

Market Book Price/

Tropicana Corporation TRCB MK

Refer to last page for important disclosures.

GDP by Sector (Real) (yoy % chg)

Monetary Data (end of period)

Other Macro Variables (yoy % chg)

Refer to last page for important disclosures.

Ranking By Market Parameters

Highest P/NTA (x)

Highest Dividend Yield (%) Historical

Highest 90 days Volatility (%)

Highest Market Cap (RMm)

Berjaya Sports Toto

CapitalMalls Malaysia Trust

Barakah Offshore Petroleum

Lowest P/NTA (x)

Lowest Dividend Yield (%)

Lowest 90 days Volatility (%)

Lowest Market Cap (RMm)

Barakah Offshore Petroleum

Barakah Offshore Petroleum

Hong Leong Financial

CapitalMalls Malaysia Trust

Barakah Offshore Petroleum

Hong Leong Bank

CapitalMalls Malaysia Trust

Refer to last page for important disclosures.

Share Price (RM)

-------------- % Change -------------mom

OIL & GAS - HEAVY ENGINEEING

Refer to last page for important disclosures.

Share Price (RM)

-------------- % Change -------------mom

Share Price (RM)

-------------- % Change -------------mom

OIL & GAS - OFFSHORE ASSET OWNERS

OIL & GAS - OFFSHORE CONTRACTORS

OIL & GAS - SHIPPING

Refer to last page for important disclosures.

Share Price (RM)