direct biz transactions (YTL)

Summary from 14/01/2009 to 13/06/2019
Highest Price 7.5000 First Occurred on 15/01/2010
Lowest Price 1.0500 First Occurred on 01/03/2019
Highest Volume 112.959m First Occurred on 21/07/2017

direct biz transactions -ytl
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
13/06/2019 00:00:00 1.1300 - 901,500 901,500 1.019m 1.019m 1.1300 0.0083 -
25/04/2019 00:00:00 1.2200 - 48.400m 193.589m 59.048m 236.179m 1.2200 0.4436 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 45.189m 193.589m 55.131m 236.179m 1.2200 0.4142 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 38.269m 296.626m 41.522m 321.839m 1.0850 0.3508 -
17/04/2019 00:00:00 1.0850 -0.1350 21.731m 296.626m 23.578m 321.839m 1.0850 0.1992 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 56.626m 296.626m 61.439m 321.839m 1.0850 0.5190 -
07/03/2019 00:00:00 1.0900 0.0700 970,292 970,292 1.058m 1.058m 1.0900 0.0089 -
01/03/2019 00:00:00 1.0500 -0.0100 54.726m 54.726m 57.462m 57.462m 1.0500 0.5016 -
05/10/2018 00:00:00 1.2505 0.0005 918 918 1,148 1,148 1.2505 0.0000 -
07/09/2018 00:00:00 1.2500 0.0100 1,020 1,020 1,275 1,275 1.2500 0.0000 -
29/06/2018 00:00:00 1.1300 0.0300 204,000 204,000 230,520 230,520 1.1300 0.0019 -
18/06/2018 00:00:00 1.0600 - 60,000 60,000 63,600 63,600 1.0600 0.0005 -
19/04/2018 00:00:00 1.4400 - 73,500 73,500 105,840 105,840 1.4400 0.0007 -
03/04/2018 00:00:00 1.3500 - 263,500 263,500 355,725 355,725 1.3500 0.0024 -
27/02/2018 00:00:00 1.4800 -0.0100 73,500 73,500 108,780 108,780 1.4800 0.0007 -
24/01/2018 00:00:00 1.5300 -0.0200 226,000 226,000 345,780 345,780 1.5300 0.0021 -
12/01/2018 00:00:00 1.4700 0.0100 73,500 73,500 108,045 108,045 1.4700 0.0007 -
09/11/2017 00:00:00 1.3100 -0.0100 7.000m 10.000m 9.170m 13.100m 1.3100 0.0642 -
09/11/2017 00:00:00 1.3100 -0.0100 3.000m 10.000m 3.930m 13.100m 1.3100 0.0275 -
21/07/2017 00:00:00 1.2900 -0.1300 112.959m 112.959m 145.717m 145.717m 1.2900 1.0353 -
21/07/2017 00:00:00 1.2900 -0.1300 -112.959m 112.959m -145.717m 145.717m 1.2900 38.3299 Cancelled
21/07/2017 00:00:00 1.2900 -0.1300 112.959m 112.959m 145.717m 145.717m 1.2900 1.0353 -
17/03/2017 00:00:00 1.5000 0.0300 50.000m 50.000m 75.000m 75.000m 1.5000 0.4583 -
22/11/2016 00:00:00 1.5000 - 100,000 100,000 150,000 150,000 1.5000 0.0009 -
14/03/2016 00:00:00 1.4000 -0.1800 261,814 261,814 366,540 366,540 1.4000 0.0024 -
11/03/2016 00:00:00 1.5900 0.0100 135,000 480,000 214,650 763,200 1.5900 0.0013 -
11/03/2016 00:00:00 1.5900 0.0100 188,000 480,000 298,920 763,200 1.5900 0.0017 -
11/03/2016 00:00:00 1.5900 0.0100 157,000 480,000 249,630 763,200 1.5900 0.0015 -
23/02/2016 00:00:00 1.5800 - 63,400 63,400 100,172 100,172 1.5800 0.0006 -
29/12/2015 00:00:00 1.5600 0.0200 35.000m 35.000m 54.600m 54.600m 1.5600 0.3243 -
20/11/2015 00:00:00 1.4800 -0.0200 2.900m 2.900m 4.292m 4.292m 1.4800 0.0269 -
17/09/2015 00:00:00 1.6000 0.0200 63,400 63,400 101,440 101,440 1.6000 0.0006 -
26/08/2015 00:00:00 1.5600 0.0400 157,000 480,000 244,920 748,800 1.5600 0.0015 -
26/08/2015 00:00:00 1.5600 0.0400 188,000 480,000 293,280 748,800 1.5600 0.0017 -
26/08/2015 00:00:00 1.5600 0.0400 135,000 480,000 210,600 748,800 1.5600 0.0013 -
16/07/2015 00:00:00 1.6000 - 63,400 63,400 101,440 101,440 1.6000 0.0006 -
15/07/2015 00:00:00 1.5900 0.0200 157,000 480,000 249,630 763,200 1.5900 0.0015 -
15/07/2015 00:00:00 1.5900 0.0200 188,000 480,000 298,920 763,200 1.5900 0.0017 -
15/07/2015 00:00:00 1.5900 0.0200 135,000 480,000 214,650 763,200 1.5900 0.0013 -
07/04/2015 00:00:00 1.7000 0.0100 43,579 43,579 74,084 74,084 1.7000 0.0004 -
03/04/2015 00:00:00 1.7000 - 2.931m 2.931m 4.982m 4.982m 1.7000 0.0272 -
17/03/2015 00:00:00 1.3600 -0.2200 3.739m 3.739m 5.086m 5.086m 1.3600 0.0346 -
16/03/2015 00:00:00 1.5800 -0.0100 500,000 1.000m 790,000 1.580m 1.5800 0.0046 -
16/03/2015 00:00:00 1.5800 -0.0100 500,000 1.000m 790,000 1.580m 1.5800 0.0046 -
11/03/2015 00:00:00 1.5700 - 420,300 1.089m 659,871 1.709m 1.5700 0.0039 -
11/03/2015 00:00:00 1.5700 - 668,200 1.089m 1.049m 1.709m 1.5700 0.0062 -
18/12/2014 00:00:00 1.3700 -0.2300 88.784m 93.106m 121.634m 127.555m 1.3700 0.8267 -
18/12/2014 00:00:00 1.3700 -0.2300 4.322m 93.106m 5.922m 127.555m 1.3700 0.0402 -
08/12/2014 00:00:00 1.6100 -0.0100 500,000 500,000 805,000 805,000 1.6100 0.0047 -
30/06/2014 00:00:00 1.6000 - 2.000m 2.000m 3.200m 3.200m 1.6000 0.0186 -
29/05/2014 00:00:00 1.7500 - 500,000 500,000 875,000 875,000 1.7500 0.0047 -
03/04/2014 00:00:00 1.5300 0.0100 5,000 5,000 7,650 7,650 1.5300 0.0000 -
17/12/2013 00:00:00 1.6300 - 150,000 150,000 244,500 244,500 1.6300 0.0014 -
10/12/2013 00:00:00 1.6100 0.0200 150,000 150,000 241,500 241,500 1.6100 0.0014 -
04/10/2013 00:00:00 1.5400 0.0400 40,000 40,000 61,600 61,600 1.5400 0.0004

on uptrend, always talk about revival of construction nowadays :)

18-Dec-2019 Construction - Reviving HSR

People should reply politely regardless of your question. u can click on the announcement to know the answer or detail. ytl will issue new ytl shares whenever they receive request for share swap for the remaining ytl land shares :)

@HowAh Iced investor you are so lucky to get a decent answer to your question. When I asked this question I had an unpleasant reply from an unpleasant person. I don't know why people like to reply me in an unpleasant way... What have I done to deserve this?

UTILITIES
YTL POWER INT.

CONSTRUCTION
YTL CONSTRUCTION

MANUFACTURING
YTL CEMENT

PROPERTY DEVELOPMENT
YTL LAND & DEV.

REIT
YTL HOSPITALITY REIT
STARHILL GLOBAL REIT

TECHNOLOGY
YTL E-SOLUTIONS

COMMUNICATIONS
YTL COMMS.
YTL BROADBAND

EDUCATION
YTL FOUNDATION
FROGASIA
FROG EDUCATION LIMITED

TRANSPORTATION
EXPRESS RAIL LINK

CARBON CONSULTING
YTL-SV CARBON

ENTERTAINMENT
KL PAC

RESTAURANTS
LOT 10 HUTONG
FEAST VILLAGE
SHOOK! SHANGHAI

SHOPPING
L0T 10 SHOPPING CENTRE
STARHILL GALLERY
WISMA ATRIA
NGEE ANN CITY
RENHE SPRING ZONGBEI
DAVID JONES
MYER CENTRE ADELAIDE
PLAZA ARCADE

HOTELS & RESORTS
YTL HOTELS

ADVOCACY PROJECTS
EARTH HOUR

Maybank IB Research maintains YTL Hospitality REIT as top BUY
With 16% total return
- Maybank IB Research
We understand that YTLREIT plans to expand its portfolio further via acquisition of assets, particularly hospitality assets from its parent, YTL Corp - potentially within the Europe and South East Asia regions.... ›› more

shares issued to ytllland's shareholders for the share swap.
@icedvestor Due to victor's many postings my comment may have been lost: but what's with the special issue announcement? sorry to repeat like a jerk.

World Cement Association Welcomes YTL Cement

London, 17 October 2019 - The World Cement Association announced today that it is welcoming YTL Cement to its international membership. The company is one of the largest and most profitable manufacturers of cement, ready-mix concrete and construction aggregates in Malaysia. It will join as a Corporate Member.

The WCA now boasts a network of 75 members and representatives that cover 34 countries.

YTL’s main facility is a state-of-the-art cement plant with an installed capacity of three million tpa, making it the largest in the East Coast of Peninsular Malaysia. It has additional operations overseas in Singapore, Vietnam, Myanmar and with Zhejiang Dama Cement Co. Ltd in China.

The company is also the largest and one of the most profitable ready-mix concrete company in Malaysia, with over 1000 specialised trucks.

“We are pleased that a leading player in the rapidly expanding Malaysian cement industry is joining our global network,” said Ian Riley, WCA CEO. “We are looking forward to working together with such an important business to promote and strengthen the goals of the global cement industry.”

YTL Cement is a subsidiary of YTL Corporation, a Malaysian infrastructure conglomerate with a strong foundation in construction and construction-related industries. The parent company has extensive operations in countries including Malaysia, the United Kingdom, Singapore, Indonesia, Australia, Japan, Jordan and China and total assets of RM77.0 billion (USD18.3 billion).

YTL has received widespread recognition for its achievements and has come out on top in numerous surveys over the years, including awards from The Far Eastern Economic Review, Asia Week, CIO Asia and Finance Asia.

"YTL Cement is excited to be part of this esteemed international network of cement producers. We look forward to the mutual sharing of best practices through the platform that WCA provides and contributing to its development, particularly in the Asia region" says Michael Yeoh Sock Siong, Group Managing Director of YTL Cement.

YTL was established in 1955 and is among the largest companies listed on Bursa Malaysia Securities Berhad (the Kuala Lumpur stock exchange) and is a component of the FTSE Bursa Malaysia Mid 70 Index.

YTL Corp Bhd managing director Tan Sri Francis Yeoh Sock Ping the group had explored the concept of a high-speed rail service to facilitate seamless travel between the two cities since the 1990s

KUALA LUMPUR: YTL Corp Bhd is “deeply” passionate about the Kuala Lumpur-Singapore high speed rail (HSR) project, its managing director Tan Sri Francis Yeoh Sock Ping.

This was due to the fact that the group had explored the concept of a high-speed rail service to facilitate seamless travel between the two cities since the 1990s, Yeoh said.

“We are excited that the project is now coming to fruition and strongly believe that it will be transformative – connecting communities in Malaysia and Singapore – while playing a critical role in our country's future economic growth as a vital component of the country's blueprint to develop world-class rail infrastructure,” he said in a statement.

YTL and consortium partner Tabung Haji were appointed as one of two MyHSR Corp’s project delivery partners for the Malaysian civil infrastructure portion of the HSR. The other PDP was the Malaysian Resources Corp Bhd-Gamuda Bhd consortium.

As a PDP, the consortia are responsible for developing the detailed design and delivering the project’s infrastructure works.

Tabung Haji chief executive officer Datuk Seri Johan Abdullah said the fund’s participation in the venture would very well fit into its investment strategy that provides benefit to its more than nine million depositors.

“Tabung Haji and the YTL Group have a long-standing partnership spanning more than 20 years, having together built the Express Rail Link project that connects Kuala Lumpur International Airport and klia2 to KL Sentral.

“Our partnership has successfully harnessed the capabilities and resources of both companies as we are driven by a common vision of creating long-term progress and economic growth in Malaysia.”

Johan added that the ERL, having served more than 87 million passengers since 2002, exemplified the vision.

“Our combined experience in rail projects has uniquely positioned us to successfully win and deliver the KL-SG HSR project,” he said.

:)

https://www.freemalaysiatoday.com/category/bahasa/2018/09/08/hsr-ytl-bukan-kroni-saya-kata-najib/

2020, ytl's turn to shine, etc :)

a reality soon :)

Potential revival of HSR seen as catalyst for YTL
10 APR 2019 / 20:14 H.
Potential revival of HSR seen as catalyst for YTL

PETALING JAYA: A potential revival of the Kuala Lumpur-Singapore High Speed Rail (HSR) project is a catalyst for YTL Corp Bhd’s construction division, according to MIDF Research.

It said construction currently accounts for 3% of YTL’s pretax earnings, while its construction earnings has seen progressive improvement in recent quarters given progress in the Gemas-Johor Baru double tracking project.

It was reported that Malaysia was exploring proposals to reduce cost of the HSR project, which could mean a potential revival of the project.

YTL was previously appointed as one of two project delivery partners (PDP) for the now deferred HSR project. YTL submitted a bid for the role via a 70:30 joint venture with TH Properties Sdn Bhd (YTL-THP).

The other consortium appointed for the PDP role previously was Malaysian Resources Corp Bhd-Gamuda Bhd (50:50). YTL-THP was selected for the Southern portion of the alignment (Johor portion) and MRCB-Gamuda for the Northern portion (KL to state border of Malacca-Johor).

Moreover, previously reported contenders for the now deferred HSR project were Gamuda, IJM and Naza’s respective consortiums.

“A drag however, comes from weak Power Seraya performance given the continued overcapacity situation in Singapore power generation. Hyflux’s woes could be a blessing in disguise as it could mean the elimination of excess capacity should there be a dismantling gas supply agreements to Hyflux’s plants as part of its restructuring, if any. Other than Singapore power, there continues to be concerns surrounding the 1Bestari project, expected to expire mid-2019, which will be re-tendered out,“ MIDF cautioned.

However, the research house said YTL is backed by a solid track record given involvement in the construction and operation of the RM2.4 billion Express Rail Link project which was also one of the cheapest that has been rolled out nearly two decades ago at just RM42 million/km.

YTL’s order book is estimated at RM8 billion comprising mainly the Gemas-Johor Baru double tracking project which was not impacted by the Pakatan Harapan government’s review of infrastructure projects in the past eight months.

The construction of YTL Power’s Tanjung Jati coal power plant in Indonesia was supposed to add an estimated RM4 billion, but progress on the financial close of this project has been delayed, presumably given the upcoming Indonesian elections.

MIDF maintained its “neutral” call on YTL for the meantime at an unchanged target price of RM1.15 a share. Key catalysts for a review of its call include progress in Tg Jati power plant project, improvement in Seraya earnings, and potential revival of the HSR project.

YTL Corp unit submits plans for 'third biggest UK arena' in ...
https://www.edgeprop.my › content › ytl-corp-unit-submits-plans-third-big...
Nov 25, 2019 - According to reports, the group, through YTL Corp Bhd's wholly-owned YTL Developments (UK) Ltd, plans to repurpose the iconic Brabazon ...

YTL set to increase investments in UK | New Straits Times ...
https://www.nst.com.my › property › 2019/11 › ytl-set-increase-investmen...
Nov 7, 2019 - MALAYSIA'S giant investor YTL Group plans to keep increasing its investments in the United Kingdom, shrugging off Brexit uncertainty.
YTL sees rail opportunities in U.K. | New Straits Times ...
https://www.nst.com.my › business › 2019/11 › ytl-sees-rail-opportunities-...
Nov 21, 2019 - KUALA LUMPUR: YTL Corp Bhd, the biggest Malaysian investor in the United Kingdom, plans to foray into the state's rail industry, said executive chairman Tan Sri Francis Yeoh. Yeoh said the rail sector in the UK is a growing industry and offers a bright future for companies looking ...

so many institutional funds in the top 30 largest shareholders of YTL :)

THIRTY LARGEST SHAREHOLDERS

Analysis of Shareholdings
as at 23 September 2019

(without aggregating securities from different securities accounts belonging to the same person)
Name No. of Shares %

1 Yeoh Tiong Lay & Sons Holdings Sdn Bhd 4,704,491,387 44.16
2 Citigroup Nominees (Tempatan) Sdn Bhd
– Employees Provident Fund Board
622,197,887 5.84
3 HSBC Nominees (Asing) Sdn Bhd
– Credit Suisse (Hong Kong) Limited
490,215,221 4.60
4 RHB Capital Nominees (Tempatan) Sdn Bhd
– Pledged Securities Account for Yeoh Tiong Lay & Sons Holdings Sdn Bhd
460,000,000 4.32
5 Amanahraya Trustees Berhad
– Amanah Saham Bumiputera
284,237,844 2.67
6 Jamaican Gold Limited 261,798,317 2.46
7 Tien Shia International Limited 217,078,398 2.04
8 Orchestral Harmony Limited 196,796,355 1.85
9 Steeloak International Limited 183,087,748 1.72
10 Puan Sri Datin Seri Tan Kai Yong @ Tan Kay Neong 137,552,943 1.29
11 Bara Aktif Sdn Bhd 115,217,861 1.08
12 Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE 99,427,095 0.93
13 State Secretary, Pahang 96,591,400 0.91
14 Yeoh Tiong Lay & Sons Holdings Sdn Bhd 93,460,901 0.88
15 HSBC Nominees (Asing) Sdn Bhd
– JPMCB NA for Vanguard Emerging Markets Stock Index Fund
71,210,010 0.67
16 HSBC Nominees (Asing) Sdn Bhd
– JPMCB NA for Vanguard Total International Stock Index Fund
70,269,997 0.66
17 Cartaban Nominees (Asing) Sdn Bhd
– Exempt An for State Street Bank & Trust Company (West CLT OD67)
60,663,850 0.57
18 Citigroup Nominees (Asing) Sdn Bhd
– CBNY for Dimensional Emerging Markets Value Fund
58,704,211 0.55
19 Dato’ Yeoh Seok Kian 56,621,344 0.53
20 Dato’ Yeoh Soo Keng 55,213,386 0.52
21 RHB Capital Nominees (Tempatan) Sdn Bhd
– Pledged Securities Account for Hasil Mayang Sdn Bhd
54,725,584 0.51
22 Citigroup Nominees (Tempatan) Sdn Bhd
– Valuecap Sdn Bhd
53,389,600 0.50
23 Dato’ Yeoh Soo Min 52,833,890 0.50
24 Amanahraya Trustees Berhad
– Amanah Saham Malaysia 2 - Wawasan
50,047,400 0.47
25 Yeoh Tiong Lay & Sons Holdings Sdn Bhd 49,670,371 0.47
26 Citigroup Nominees (Asing) Sdn Bhd
– Exempt an for Citibank New York (Norges Bank 14)
43,474,500 0.41
27 Tan Sri Dato’ (Dr) Francis Yeoh Sock Ping, CBE, FICE 43,234,144 0.41
28 Cartaban Nominees (Tempatan) Sdn Bhd
– Pamb for Prulink Equity Fund
42,464,000 0.40
29 Citigroup Nominees (Asing) Sdn Bhd
– CBNY for Emerging Market Core Equity Portfolio DFA Investment Dimensions Group INC
38,754,317 0.36
30 Maybank Nominees (Tempatan) Sdn Bhd
– Maybank Trustees Berhad for Public Regular Savings Fund (N14011940100)
35,783,232 0.34
Total 8,799,213,193 82.62

Japan's first Ritz-Carlton Reserve to land in Niseko
Malaysia's YTL Hotels also opens serviced apartment complex in Hokkaido

SHINICHI ARAKAWA, Nikkei staff writer
DECEMBER 07, 2019 12:30 JST

Niseko's stellar champagne powder snow attracts wealthy skiers and luxury hoteliers from around the world.
NISEKO, HOKKAIDO -- The chief of YTL Hotels on Thursday said his company will keep bulking up its luxury presence in the booming Niseko winter resort town, which has become a magnet for international capital.

At a news conference, Mark Yeoh, an executive director of Malaysia's YTL conglomerate, said the company will spend around 5 billion yen ($46 million) annually as it adds hotels and other facilities at its Niseko Village resort, located at the foot of the Niseko Annupuri volcano.

Yeoh, who is responsible for YTL Hotels and Resorts, said the high occupancy rates at Niseko hotels act as a strong impetus for further development.

Overseas hotel chains have been flooding into Niseko, lured by the area's stellar champagne powder snow and the growing wave of skiers attracted to it.

YTL Hotels's next addition to Niseko will be a Ritz-Carlton Reserve, the first hotel of this brand in Japan. The luxury inn will open in 2020, and the Malaysian company will follow that up with more hotels under other Marriott International brands.


Mark Yeoh says Niseko hotels' high occupancy rates are driving further development in the resort town.
Yeoh said his company will tailor its hotels to Niseko. He also indicated an interest in working with Sapporo on the city's bid to host the Winter Olympics and Paralympics in 2030. If the bid is successful, some events may be held in Niseko, about 90 km southwest of Sapporo. YTL Hotels would be willing to do research and hold talks with the local government about expanding its facilities in Niseko, Yeoh said.

Hinode Hills, which opened on Sunday, is the fourth luxury property that the company operates in Niseko Village. The six-story hotel has 79 apartments starting at around 60,000 yen per night. Part of the company's Hotel Residence brand, Hinode Hills' units are equipped with kitchens, laundry areas and other conveniences.

YTL's turn? :) all subsi's share prices went up




Recent Prices - YTL Power
Date Open Range Close Change Volume
19/12/2019 0.71 0.705 - 0.74 0.73 +0.02 (2.82%) 12,454,300
18/12/2019 0.705 0.705 - 0.72 0.71 +0.005 (0.71%) 5,058,400
17/12/2019 0.70 0.70 - 0.71 0.705 +0.005 (0.71%) 5,522,200
16/12/2019 0.695 0.69 - 0.705 0.70 +0.01 (1.45%) 3,434,500
13/12/2019 0.69 0.685 - 0.695 0.69 +0.005 (0.73%) 5,555,300
12/12/2019 0.69 0.685 - 0.695 0.685 -0.005 (0.72%) 1,428,200
11/12/2019 0.69 0.685 - 0.695 0.69 +0.005 (0.73%) 1,445,000
10/12/2019 0.69 0.685 - 0.695 0.685 -0.005 (0.72%) 1,260,500
09/12/2019 0.695 0.69 - 0.70 0.69 -0.01 (1.43%) 812,800
06/12/2019 0.69 0.69 - 0.70 0.70 +0.01 (1.45%) 1,062,400
05/12/2019 0.695 0.69 - 0.70 0.69 -0.005 (0.72%) 462,200
04/12/2019 0.685 0.68 - 0.70 0.695 +0.01 (1.46%) 5,529,700
03/12/2019 0.685 0.68 - 0.685 0.68 0.00 (0.00%) 1,057,200
02/12/2019 0.685 0.68 - 0.69 0.68 0.00 (0.00%) 691,800
29/11/2019 0.69 0.68 - 0.69 0.68 -0.01 (1.45%) 1,275,500
28/11/2019 0.685 0.68 - 0.695 0.69 +0.005 (0.73%) 3,354,200
27/11/2019 0.685 0.675 - 0.69 0.685 -0.015 (2.14%) 5,005,500
26/11/2019 0.71 0.70 - 0.725 0.70 -0.01 (1.41%) 4,676,400
25/11/2019 0.69 0.685 - 0.715 0.71 +0.02 (2.90%) 5,714,100
22/11/2019 0.685 0.685 - 0.69 0.69 +0.005 (0.73%) 2,611,600

Recent Prices -YTL REITs
Date Open Range Close Change Volume
19/12/2019 1.36 1.36 - 1.37 1.37 0.00 (0.00%) 103,800
18/12/2019 1.37 1.36 - 1.37 1.37 0.00 (0.00%) 758,400
17/12/2019 1.34 1.34 - 1.37 1.37 +0.01 (0.74%) 689,700
16/12/2019 1.36 1.34 - 1.36 1.36 +0.01 (0.74%) 337,900
13/12/2019 1.33 1.33 - 1.36 1.35 0.00 (0.00%) 379,900
12/12/2019 1.34 1.33 - 1.35 1.35 +0.02 (1.50%) 210,300
11/12/2019 1.32 1.32 - 1.36 1.33 0.00 (0.00%) 535,800
10/12/2019 1.33 1.33 - 1.34 1.33 -0.01 (0.75%) 2,151,300
09/12/2019 1.33 1.33 - 1.34 1.34 +0.03 (2.29%) 1,130,200
06/12/2019 1.34 1.33 - 1.35 1.33 0.00 (0.00%) 222,600
05/12/2019 1.34 1.33 - 1.35 1.33 0.00 (0.00%) 384,800
04/12/2019 1.35 1.33 - 1.35 1.33 -0.02 (1.48%) 1,150,100
03/12/2019 1.36 1.35 - 1.37 1.36 -0.02 (1.45%) 16,600
02/12/2019 1.34 1.34 - 1.38 1.38 +0.03 (2.22%) 225,800
29/11/2019 1.35 1.34 - 1.36 1.35 0.00 (0.00%) 264,300
28/11/2019 1.36 1.34 - 1.38 1.35 0.00 (0.00%) 275,700
27/11/2019 1.35 1.35 - 1.36 1.35 -0.01 (0.74%) 199,000
26/11/2019 1.35 1.33 - 1.36 1.36 0.00 (0.00%) 554,800
25/11/2019 1.36 1.34 - 1.36 1.36 +0.01 (0.74%) 600,000
22/11/2019 1.36 1.35 - 1.36 1.35 -0.01 (0.74%) 61,500

YTL's cement, construction, hotels (VMY2020), Properties (RM600K & above for foreigners), Power, etc should boom in 2020. :)

HSR Revival A Rerating Catalyst For Construction Sector ...
https://www.propertyguru.com.my › Market News › December 19, 2019
Pavither • December 19, 2019. HSR revival a rerating catalyst for construction sector. Analysts see the revival of high-speed rail (HSR) as a rerating catalyst for ...
M'sian govt will review HSR project following Bandar Malaysia ...
https://www.todayonline.com › world › msian-govt-will-review-hsr-project...
Published17 December, 2019. Updated 17 December, 2019. PUTRAJAYA ― Malaysian prime minister Tun Dr Mahathir Mohamad on Tuesday (Dec 17) said ...
Revived Bandar Malaysia project to include a High Speed ...
https://www.straitstimes.com › asia › se-asia › revived-bandar-malaysia-pro...
Dec 17, 2019, 7:09 pm SGT ... NETWORK) - The revived Bandar Malaysia project would house a Kuala Lumpur-Singapore High-Speed Rail (HSR) station, ...

Revived Bandar Malaysia project to include an HSR station ...
https://www.thestar.com.my › news › nation › 2019/12/17 › revived-band...
Revived Bandar Malaysia project to include an HSR station, says Dr M. Nation. Tuesday, 17 Dec

many new millionaires will be created when ytl return to RM1 and above :)

southern portion of HSR (Johor) was clinched by YTL-TH Properties JV. No wonder, TH mentioned about higher dividend next year if not mistaken :)

Interesting, same as gamuda-mmc mrt case, now, HSR for ytl-tabung haji, surely the same :)

Reinstate the HSR project as soon as possible
2019-12-19 18:35

Given the tremendous economic value of the HSR project to both Malaysia and Singapore, it is necessary for it to be implemented as soon as possible.

Sin Chew Daily

Prime minister Tun Dr Mahathir Mohamad confirmed that the KL-Singapore high speed rail project, which has been put on hold until after May 31 next year, would go ahead albeit at a reduced scale in a bid to cut cost.

After the PM confirmed that one of the HSR stations would be in the reinstated Bandar Malaysia project, it means the KL-Singapore HSR project is put back on the right track.

The project was a benchmark development item of the previous BN administration. However, after Pakatan Harapan came to power last year, the project was shelved owing to excessively high construction cost.

When asked by the media on a number of occasions, Mahathir even said Malaysia did not need any high speed train at this moment.

It remains controversial whether the HSR project will be a white elephant or one that will really benefit the people and economy of both Malaysia and Singapore.

Having said that, the KL-Singapore HSR project does have its value and will significantly relieve the perennial traffic congestion on the Johor Causeway as well as the Second Link, offering a convenient alternative to flight. This is poised to promote commercial activities and social visits among the people of both countries.

From what we understand, the Malaysian government has not done nothing over the period when the HSR project was on hold. Instead, it was contemplating how to maximise the project's spin-off effects on the national economy.

According to a Singapore media report last month, the Malaysian government had adopted a new development blueprint to construct an economic corridor from Bandar Malaysia along the HSR route all the way to Iskandar Malaysia in Johor. Once the blueprint gets the nod of the Economic Action Council (EAC), the project could be revived earlier than anticipated.

Once approved, the economic corridor will connect the existing development centres such as KLIA Aeropolis, the Vision Valley in Negeri Sembilan, and Iskandar Malaysia in Johor, along with the many towns on the west coast of Peninsular Malaysia.

However, the government is still looking into ways of reducing the cost, and land acquisition and station construction cost have been identified as key factors that will lower the overall cost.

Now that the government has confirmed to go ahead with the KL-Singapore HSR project, and with the deferment deadline arriving very soon, it is imperative for the relevant government departments to finalise the details in order to negotiate with their Singapore counterparts with the hope the project can be revived very soon.

Given the tremendous economic value of the HSR project to both Malaysia and Singapore, it is necessary for it to be reinstated as soon as possible. Do bear in mind that the cost of construction materials will keep rising, and if we allow the project to be delayed further, we may not be able to effectively slash the construction cost.

bottom fishing again :)

Recent Prices
Date Open Range Close Change Volume
19/12/2019 0.865 0.83 - 0.87 0.835 -0.03 (3.47%) 10,297,600
18/12/2019 0.86 0.855 - 0.88 0.865 +0.005 (0.58%) 13,765,800
17/12/2019 0.865 0.85 - 0.865 0.86 0.00 (0.00%) 3,444,600
16/12/2019 0.86 0.855 - 0.87 0.86 +0.005 (0.58%) 3,013,800
13/12/2019 0.865 0.855 - 0.87 0.855 -0.005 (0.58%) 2,207,000
12/12/2019 0.86 0.855 - 0.87 0.86 -0.005 (0.58%) 5,031,100
11/12/2019 0.855 0.855 - 0.87 0.865 +0.01 (1.17%) 3,093,100
10/12/2019 0.835 0.835 - 0.86 0.855 +0.02 (2.40%) 2,312,300
09/12/2019 0.825 0.825 - 0.84 0.835 +0.01 (1.21%) 3,754,700
06/12/2019 0.825 0.82 - 0.83 0.825 0.00 (0.00%) 1,475,200
05/12/2019 0.83 0.82 - 0.835 0.825 0.00 (0.00%) 4,040,000
04/12/2019 0.83 0.825 - 0.835 0.825 -0.005 (0.60%) 2,337,300
03/12/2019 0.835 0.825 - 0.835 0.83 -0.005 (0.60%) 2,056,500
02/12/2019 0.84 0.835 - 0.845 0.835 0.00 (0.00%) 984,600
29/11/2019 0.85 0.835 - 0.85 0.835 -0.015 (1.76%) 4,297,900
28/11/2019 0.85 0.845 - 0.86 0.85 0.00 (0.00%) 3,597,400
27/11/2019 0.845 0.835 - 0.865 0.85 -0.005 (0.58%) 4,224,500
26/11/2019 0.89 0.85 - 0.895 0.855 -0.035 (3.93%) 17,693,800
25/11/2019 0.89 0.88 - 0.895 0.89 0.00 (0.00%) 1,994,400
22/11/2019 0.895 0.89 - 0.90 0.89 0.00 (0.00%) 1,266,700

:)

Construction - Reviving HSR
Author: HLInvest | Publish date: Wed, 18 Dec 2019, 12:00 PM

According to The Edge, PM Tun M stated that the Government intends to revive the HSR but costs must be trimmed down. Previously awarded PDP roles were given to MRCB-Gamuda and YTL-TH Properties and will likely remain frontrunners. The revival of HSR would serve as a rerating catalyst for the sector. We are likely to turn bullish should anything more concrete regarding the project turn up. For the time being absent of further details and clarity on timeline, we maintain our NEUTRAL stance.

NEWSBREAK
HSR comeback. According to The Edge, PM Mahathir during the signing ceremony for Bandar Malaysia (RM140bn) stated that Government intends to revive Kuala Singapore High Speed Rail (HSR). However, further adjustments must be made to trim down the costs potentially through downscaling as well as reducing its specifications (slower trains). Bandar Malaysia is also slated to house one HSR station serving as a transportation hub.

HLIB’s VIEW
Timeline recap. In Sept 2018, Dato’ Seri Mohamed Azmin Ali said at a media conference Malaysia and Singapore have agreed to defer the construction of the HSR with deferment period lasting through to May 2020. Subsequently, technical and commercial advisory consultants have been appointed with findings to be concluded by Dec 2019. According to news reports, Malaysia may have incurred up to RM500m in penalties if the project is officially cancelled with the Singaporean side having spent c.SGD250m up to Sep 2018.

Project description. The previous alignment of the HSR spanned 350km from Singapore to KL with 8 stations at Jurong East, Iskandar Puteri, Batu Pahat, Muar, Ayer Keroh, Seremban, Putrajaya and Bandar Malaysia. Based on the old alignment, HSR was divided into two stretches with the northern portion covering Melaka, Negeri Sembilan and Klang Valley while southern stretch will be in Johor. Originally, HSR was touted to cost RM110bn with a construction period of 6 years. Infra works for the Malaysia stretch were projected at RM40bn which would roughly be split equally between the northern and southern sections. Roughly 60 civil works packages were expected to be awarded previously.

Potential beneficiaries. Under the previous regime, PDP roles were awarded with northern portion (Bandar Malaysia station to Melaka station) secured by MRCB Gamuda JV and southern portion (Johor) was clinched by YTL-TH Properties JV. While we reckon previous PDP winners remain frontrunners to secure contracts, we believe IJM (HOLD; TP:RM2.22) and Suncon (BUY; TP:RM2.30) will emerge as stronger contenders this time around as both have strong financial capacity and should materially benefit from a shift towards an open tender system. Recall that IJM and Suncon previously formed a four party consortium including Jalinan Rejang Sdn Bhd and Maltimur Resources Sdn Bhd to participate in PDP tenders that were ultimately unsuccessful. While it is still too early to try and pin point the potential work package winners, we expect the usual active construction players such as IJM, SunCon, WCT, AQRS, TRC, Ahmad Zaki, Mudajaya, MRCB and Gadang to actively bid for a slice of the pie.

Maintain NEUTRAL. The revival of HSR would serve as a rerating catalyst for the sector. We are likely to turn bullish should anything more concrete regarding the project turn up. For the time being absent of further details and timeline clarity, we maintain our NEUTRAL stance.




Source: Hong Leong Investment Bank Research - 18 Dec 2019

On 15 March 2019, Boustead Hotel & Resorts Sdn Bhd (BHR), a wholly owned subsidiary of Boustead Properties Berhad,
which in turn is a wholly owned subsidiary of the Company, entered into a sale and purchase agreement (SPA) with Every
Room A Home Sdn Bhd (the Purchaser), for a proposed disposal of Royale Chulan Bukit Bintang Hotel located on 2 parcels
of freehold land measuring approximately 3,189 square meter which was held under GRN 70145, Lot 1297 and GRN 70146,
Lot 1298, both in Seksyen 67, District of Kuala Lumpur (Property) and its business, including fixtures, fittings and
furnishings but excluding goodwill, for a cash consideration of RM197 million (Disposal Consideration) (Proposed
Disposal).
The Proposed Disposal is subject to the following remaining conditions precedent:
The conditions stipulated in the SPA.
The Proposed Disposal is expected to be completed in the 4th quarter of 2019

:)

Boustead Holdings is reportedly looking to dispose of its stake in Boustead Petroleum Marketing (BPM), which operates petrol stations under the BHPetrol brand. The Edge reports that discussions with a potential individual buyer are ongoing, with several other parties interested in the assets waiting on the sidelines.

“This (waiting on the sidelines) is because the price tag being bandied about is more than RM1 billion, maybe even RM1.5 billion, or more,” a source familiar with the matter told the publication. He said that despite the price, there are quite a few parties looking at a deal, waiting to see the valuation being sought by Boustead Holdings.

BPM retails petrol, diesel and liquefied petroleum gas (LPG) products as well as lubricants and operates more than 380 petrol stations across the country. The company is 70% controlled by Boustead Petroleum and 30% by Lembaga Tabung Angkatan Tentera (LTAT).

The latter has a 59.45% stake in Boustead Holdings. The report adds that considering the shareholding structure of Boustead Holdings and LTAT, it looks unlikely that LTAT will remain in BPM if Boustead Holdings – which also has interests in defence, pharmaceuticals, heavy engineering, plantations and property development – exits the business.



Shareholders of Boustead Petroleum are Boustead Holdings, which has a 59.82% stake, PE Petroleum (21.11%), Vitol Malaysia (14.07%) and Tan Sri Che Lodin Wok Kamaruddin (5%), who previously helmed both Boustead Holdings and LTAT.

A check by the publication reveals that PE Petroleum is wholly owned by a company called Hesselink Investments, while Vitol Malaysia is wholly owned by Vitol Malaysia BV, a unit of the Dutch oil giant Vitol. A source highlights that Vitol could be interested in the business, but the report says that this is unsubstantiated.

Other names that have been bandied include Petronas Dagangan, which has more than 1,000 petrol stations nationwide, and Petron Malaysia Refining & Marketing, which operates more than 640 petrol stations across the country, but these too remain very much conjecture.

:)

KUALA LUMPUR: Boustead Plantations Bhd melantik Ibrahim Abdul Majid sebagai Ketua Pegawai Eksekutif (CEO) yang baru, berkuatkuasa 1 Disember 2019.

Ibrahim mengambil alih jawatan berkenaan daripada Mohamad Azlan Jaafar, yang mana sebelum ini adalah Pemangku Ketua Pegawai Eksekutif dan beliau akan meneruskan tanggungjawab sebagai Timbalan Ketua Pegawai Eksekutif syarikat.

Beliau berpengalaman luas dalam industri minyak sawit susulan terbabit dalam sektor berkenaan selama 40 tahun.

Ibrahim memulakan kerjayanya dengan Sime Darby pada 1979, sebelumnya dinaikkan pangkat sehingga kedudukan terakhirnya sebagai CEO Wilayah Selatan Sime Darby Plantation Bhd.

Sementara itu, Boustead Plantations juga mengumumkan kenaikan pangkat Mohamad Mahazir Mustaffa sebagai Ketua Pegawai Kewangan baru (CFO) dan pelantikan Noral Afida Alwi sebagai Pengawai Kewangan yang baru.

Mohamad Mahazir, seorang profesional berpengalaman dengan pendedahan kewangan 21 tahun, sebelum ini adalah CFO syarikat.

Beliau adalah ahli Persatuan Akauntan Bertauliah (ACCA) dan memegang Ijazah Sarjana Sains dalam Pentadbiran Perniagaan (Perakaunan) dari California State University, Amerika Syarikat.

Noral Alwi pula adalah profesional dengan berpengalaman lebih 25 tahun. Beliau memulakan kerjayanya dengan Sime Darby pada 1993 dan kedudukan terakhirnya adalah Ketua Perbendaharaan untuk Sime Darby Plantation Bhd.

Noral adalah ahli ACCA dan menghadiri Emile Woolf College, London, United Kingdom.

:)


PETALING JAYA: Boustead Holdings Bhd expects to return to profitability in current financial year ending Dec 31 (FY19).

The group plunged into the red with a net loss of RM469.2 million in FY18 in light of the losses incurred by its heavy industries and plantation divisions, while other divisions registered moderate earnings as a result of trying economic conditions.

Executive director Datuk Seri Ghazali Mohd Ali said “the ingredients for success are there” and it is a matter of discussing and strategising it before year-end.

“Our assets are there, our plans are there, manpower is there. Those three ingredients alone will bring success and a fresh outlook for the new group managing director (MD) will help the organisation in achieving its targets,” he told a press conference after the group’s AGM today.

He declined to reveal the “plans”, citing pending discussions with the new MD Datuk Seri Amrin Awaluddin, who will begin his new role on May 6.

“We’ll be discussing with him (Amrin) and the board before we go ahead and implement. Rest assured that the management and the board is working at turning the company around from the results of this year,” said Ghazali.

He commended Amrin for his experience and track record, especially in property development, as well as his strong finance background, adding that the group has the framework ready for somebody to take over and lead the group forward.

He emphasised that Boustead is asset-rich and from the perspective of businesses, the group is in a strong position with clear prospects ahead.

“We firmly believe that as long as we remain persistent in strengthening the foundation of our businesses, and tapping opportunities for growth, we will see results in the medium to long term future. What got us here will not get us there. We have to reinvent ourselves in certain areas, we have to look at ourselves and work at our strengths,” said Ghazali.

Meanwhile, he said there will be one or two more asset disposals this year to pare down its borrowings. Its gearing ratio stands at 0.9 times, which is deemed comfortable for the group.

Special Report: LTAT, Boustead at a crossroads
Khairie Hisyam Aliman

The Edge Malaysia

July 18, 2019 18:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on July 8, 2019 - July 14, 2019.


LAST Thursday, shares of Boustead Heavy Industries Corp Bhd (BHIC) closed at RM1.26.

The stock has remained below the RM1.40 threshold — lows unseen for at least five years — for about 11 months.

Its last peak in the past 18 months was on Jan 19 last year when the stock hit RM2.11. By July 6, it had shed 36.5% of its market value to RM1.34 and has not recovered to date.

Interestingly, even though BHIC has announced a number of new contracts since late 2018, its share price has not budged, sparking suspicion among some shareholders that it is being deliberately suppressed by an unknown party.

“BHIC’s share price is a function of market sentiments, hence we cannot comment on the matter,” BHIC says when asked what it is doing to address these concerns. “We continue to focus on maximising shareholder value ... we trust that discerning shareholders will appreciate the long-term value proposition.”

For the Armed Forces Fund Board (LTAT) and its 59.45%-owned listed vehicle, Boustead Holdings Bhd, BHIC’s lacklustre share price performance puts them at a crossroads.

LTAT is the ultimate controlling shareholder of BHIC with a direct stake of 8.16% while Boustead Holdings controls another 65%.

LTAT is looking to rebalance its investment portfolio, which is significantly concentrated in chunky equity investments on Bursa Malaysia.

About 60% of LTAT’s RM10 billion fund is in listed equities — primarily in the Boustead group of companies, which includes BHIC.

LTAT CEO Nik Amlizan Mohamed, who was appointed last September, told The Edge at the time that rebalancing LTAT’s portfolio is the long-term agenda, although she stressed that LTAT is “patient capital” and will not rush the process.

In a statement to The Edge, LTAT says it periodically reviews its investments, including those in BHIC, in keeping with its aim to generate sustainable returns for its members.

“Nevertheless, at this juncture in time, there are no concrete plans to divest LTAT’s stake in BHIC,” the fund adds.

LTAT did not address queries on whether it would be open to paring down its stake, either partially or wholly, or whether it has been approached by interested investors in a possible sale.

In any event, BHIC may require special consideration among the various businesses in the Boustead group as far as portfolio rebalancing goes.

In the short term, LTAT’s direct and indirect shareholding in BHIC, amounting to 73.16%, means liquidity could also be shackling its value.

As the shipbuilder’s recent financial performance has also hurt returns for LTAT, it makes sense for the fund to gradually reduce its stake and redeploy its capital.

However, the current low valuation means any divestment will likely mean its books will take a hit. LTAT did not respond to queries on its holding cost for the BHIC shares.

Another factor could be what moves Boustead Holdings, which welcomed new managing director Datuk Seri Amrin Awaluddin on May 6, makes down the road.

Setting a new direction for Boustead Holdings will undoubtedly include deciding what to do with its sprawling interests, including its 65% stake in BHIC. It is worth noting that Amrin also joined Minister of Defence Mohamad Sabu’s visit to BHIC’s shipyard in Lumut last month.

Counter-balancing these considerations, however, is the fact that BHIC is unique as it is effectively a monopoly military shipbuilder for the government.

While other major businesses in the Boustead group such as plantations, banking, property and pharmaceuticals have industry peers that LTAT can invest in to spread the risk, BHIC cannot be replaced like-for-like in LTAT’s portfolio.

Also, the pipeline of contracts coming from the Royal Malaysian Navy over the next decade plus possible military spending boosts from the upcoming Defence White Paper paints a picture of BHIC soon being on the cusp of a boom wave.

LTAT and Boustead Holdings will thus have to decide on its priorities as far as BHIC is concerned.

Kadir Jasin, mat sabu Dan najib will be helping to promote LTAT and boustead :)

Boustead will be the fgv in 2020, :)


Mat Sabu, ‘angkat tangan’ jika tak mampu jaga Boustead, LTAT
By Wartawan MalaysiaGazette - 24 October 2019


KUALA LUMPUR – Boustead Holdings Berhad (Boustead) didakwa masih belum mampu membayar apa-apa dividen kepada Lembaga Tabung Angkatan Tentera (LTAT) untuk separuh pertama tahun ini.

Senario itu sangat membimbangkan kerana jika Boustead tidak membuat pembayaran dividen kepada LTAT, bagaimana LTAT dapat membayar dividen kepada ahli-ahlinya.


“Jangan nanti Pakatan Harapan (PH) kata dividen LTAT tahun 2018 ialah 2% tapi dividen LTAT tahun 2019 turun hingga sifar?,” kata bekas Perdana Menteri itu.

Pada tahun 2017, Boustead membayar dividen sebanyak 11 sen sesaham dan tahun lalu 5 sen sesaham.

Najib yang tidak sampai hati untuk trol perkara ini berkata, bukan sekadar dividen Boustead yang menurun tetapi harga saham Boustead juga telah menjunam.


Katanya, sebelum PRU14, harga satu saham Boustead hampir RM3 tetapi semasa pengumuman dividen tahun 2018 bulan lepas, harga saham Boustead menjunam ke RM1.05 sesaham

“Dan hari ini turun lagi ke 95 sen,” katanya sambil mendakwa kerosakan ini bertambah teruk selama 18 bulan sejak PH memerintah.

Tegasnya, situasi ini bukan sahaja membawa kerugian besar bagi LTAT tetapi untuk tabung-tabung rakyat yang lain memandangkan saham Boustead turut dimiliki oleh Kumpulan Wang Persaraan (KWAP) dan Kumpulan Wang Simpanan Pekerja, selain LTAT.

Katanya, LTAT memiliki 1,204,952,018 saham Boustead, manakala KWAP (186,179,392) dan KWSP (102,644,848).

Lantaran itu, Najib berkata, jika Menteri Pertahanan, Mohamad Sabu tidak mampu menjaga LTAT dan Boustead serahkan kepada pemimpin PH lain.

“Jangan sampai LTAT umum dividen 0.00% bagi tahun 2019,” ujarnya. – MalaysiaGazette

New govt will focus on LTAT and boustead after felda and fgv :)




Dalam kes LTAT, bukan saja tadbir urus lemah malah ia juga diperkudakan bagi menyelesaikan najis korporat era Najib.

Misalnya apabila sistem penguatkuasaan lalu lintas automatic (AES) yang difrancais pada zaman Najib ditentang oleh pengguna jalan raya, LTAT dan anak syarikatnya, Boustead Holdings Berhad, dikerah untuk beli konsesi itu pada tahun 2015 dengan bayaran RM623.2 juta.


Pengurusaan baharu LTAT sedang berusaha dapatkan ganti rugi. Boustead juga digunakan bagi mengambil alih tanah Kementerian Pertahanan yang diswastakan kepada dua orang sahabat Najib.

Seorang Melayu dan seorang India, apabila rakan kongsi itu bergaduh sehingga membawa ke mahkamah.

Secara peribadi saya tidak dapat mengampunkan apa yang berlaku kepada LTAT kerana saya beberapa kali menulis membantah dan memberi amaran mengenai bahaya perbuatan memperalatkan tabung pencen tentera itu bagi membasuh najis korporat orang lain.


Tadbir urus yang lemah burukkan lagi prestasi LTAT. Pengurusan lama jual saham-saham yang kukuh dan untung kemudian beli saham syarikat-syarikatnya sendiri yang lemah dan kurang menguntungkan.

Buku kira-kira diolahkan untuk menunjukkan keuntungan yang banyak dan membayar dividen yang tinggi sedangkan keuntungan tidaklah sebanyak mana.

Alhamdulillah, saya mendapat jaminan jika segala langkah pemulihan yang sedang dilaksanakan oleh pengurusan baharu berjalan seperti yang dirancang, LTAT akan kembali pulih dalam masa dua hingga tiga tahun.


Wallahuaklam.

*Datuk A Kadir Jasin ialah Tokoh Wartawan Negara

Bottom fishing,

:)



Date Close
19/12/2019 0.93
18/12/2019 0.94
17/12/2019 0.93
16/12/2019 0.945
13/12/2019 0.94
12/12/2019 0.94
11/12/2019 0.94
10/12/2019 0.94
09/12/2019 0.945
06/12/2019 0.94
05/12/2019 0.94
04/12/2019 0.93
03/12/2019 0.925
02/12/2019 0.925
29/11/2019 0.965
28/11/2019 0.96
27/11/2019 0.96
26/11/2019 0.96
25/11/2019 0.975
22/11/2019 0.965

Don't miss this bstead's recovery :)

Boustead Holdings Berhad, an investment holding company, is engaged in diversified business in Malaysia. The Plantation division cultivates of oil palms in Malaysia, as well as involves in planting and processing oil palm and rubber; and forestry and oil bulking installations businesses. The Heavy Industries division is engaged in shipbuilding; marine engineering, oil and gas, offshore fabrication, and fabrication of steel structures and platforms; and ship repair businesses. This division also provides marketing and related services for the maritime defense industry, as well as supplies and maintains weapons and guns. The Property division invests in and develops commercial and residential properties, as well as operates hotels. The Finance and Investment division offers commercial banking services, including credit cards, personal loans, mortgages, and deposit-taking services; and investment banking services businesses consists of money broking, fund managing, and underwriting general and life insurance products. The Trading division is engaged in warehousing and distributing moving consumer products; providing general insurance services; and distribution of engineering products, including wheel loaders, transmission chains, weighbridges and weighing equipment, hydraulic dock levelers, and other materials handling equipment. The Manufacturing and Services division is engaged in manufacturing and marketing architectural and protective coatings. It also produces cellulose fiber cement boards for a range of ceiling and cladding applications; produces and markets roofing and cladding sheets; and manufactures and installs steel roof truss systems for commercial, residential, and industrial buildings. In addition, this division provides various travels and tour related services. Boustead Holdings is based in Kuala Lumpur, Malaysia.

:)

ONE COCHRANE RESIDENCES
(Trendy Living) - www.onecochraneresidences.com
Soon to be revealed, “One Cochrane Residences” is another prestigious residential development by Mutiara Rini Sdn Bhd, a subsidiary of Boustead Holdings Berhad and the developer of the award wining townships, Mutiara Damansara in Petaling Jaya and Taman Mutiara Rini in Skudai, Johor Bahru.

One Cochrane Residences is strategically located at Jalan Cochrane, just 4.2km south-east from Kuala Lumpur City Centre and directly opposite Ikea Cheras, the new MyTOWN Shopping Centre and the Cochrane MRT Station. The MRT line connecting Sg Buloh and Kajang is fully operational since July 2017. The Tun Razak Exchange or better known as TRX, Bandar Malaysia, the KLCC Twin Towers, shopping centres at Jalan Bukit Bintang/Jalan Ampang, international/boutique hotels, private educational centres and medical centres are only within 2km – 5km away.

One Cochrane Residences is easily accessible and well connected to major highways such as Maju Expressway (MEX), SMART Highway, DUKE, AKLEH, Middle Ring Road 2 (MRR2) and the Federal Highway. Major road links include Jalan Tun Razak, Jalan Ampang, Jalan Sg Besi and Jalan Loke Yew.


The freehold 3.66-acre site will house two 37-storey tower blocks (i.e. Tower A and Tower B) and a 10-storey car park and facilities block. Upon completion in 2020, there will be 448 condominium units with various sizes, (minimum unit sizes of between 926 sq.ft., and 980 sq.ft. whilst typical unit sizes range from 1,055 sq.ft. to 1,098 sq.ft.). One Cochrane Residences offer the unique dual-key concept (1,227 sq.ft.) apart from the typical floor layout. The dual-key concept allows owners the privacy of a separate entrance to one of the rooms with en-suite bath.

Privileged City-North units enjoy a commanding view of the KL City skyline whereas City-South units look towards Sg Besi. All units have balconies, and facilities are spread out on Level 9 and the roof top of the car park block. For convenience, a covered link bridge at Level 6 connects both Towers and the car park/facilities block. Each unit comes with 2 car parks. A 4-tier security system ensures privacy and safety whilst each tower will have 4 passenger lifts, a dedicated service/stretcher lift, separate waiting lounges and lift lobbies.

One Cochrane Residences is now open for registration. Kindly register your interest at the office of Mutiara Rini Sdn Bhd at 18th Floor Menara Boustead or call 03-2141 9044, Ms. Hanim (ext 255) hanim.mrini@boustead.com.my or Mr. Wan (ext 147) wmfardly.mrini@boustead.com.my

BE SEEN, BE THE FIRST, BE PROUD, BE THE OWNER OF A BRAND NEW UNIT AND ENJOY
Trendy Living @ One Cochrane Residences.

Superb Connectivity

Strategically located and well connected to major highways and main roads via MEX, SMART, DUKE, AKLEH, MRR2, Federal Highway, Jalan Tun Razak, Jalan Ampang, Jalan Sg. Besi and Jalan Loke Yew.

Well connected by public transportation services with the upcoming MRT and LRT stations.

Supported by ready amenities and facilities with shopping centres, financial institutions, retail components and a matured residential neighbourhood.

Ikea Cheras and MyTOWN Shopping Centre are located directly opposite One Cochrane Residences.

New landmarks of TRX, Bandar Malaysia and TREC are within close proximity.

Freehold Title where owners enjoy cheaper rates of utilities, assessment and quit rent.

Do not hesitate, it’s Irresistible!

After helping Felda on FGV, now, the government should be helping LTAT on Boustead. LTAT invested ~RM3.1bil in Boustead but the market cap of Boustead now is ~RM1.9bil. It could be as urgent as FGV :)


Risiko kebergantungan berlebihan dan kesukaran menjual balik saham sejak 2014.

- Terdapat penjualan ketara ke atas saham-saham berpotensi dan peningkatan pegangan oleh LTAT dalam Kumpulan Boustead (BHB) dan syarikat-syarikat di bawah naungannya.

- Ini telah mengakibatkan penumpuan pelaburan yang amat berlebihan oleh LTAT. Pelaburan di dalam Kumpulan BHB telah meningkat sebanyak hampir 50% daripada RM2.1 bilion ke RM3.1 bilion manakala bilangan saham berkaitan meningkat sebanyak lebih 83% daripada 833 juta saham bagi tahun TK2014 ke 1.525 bilion saham bagi TK2018.

After helping Felda on FGV, now it should be helping LTAT on Boustead :)


Risiko kebergantungan berlebihan dan kesukaran menjual balik saham sejak 2014.

- Terdapat penjualan ketara ke atas saham-saham berpotensi dan peningkatan pegangan oleh LTAT dalam Kumpulan Boustead (BHB) dan syarikat-syarikat di bawah naungannya.

- Ini telah mengakibatkan penumpuan pelaburan yang amat berlebihan oleh LTAT. Pelaburan di dalam Kumpulan BHB telah meningkat sebanyak hampir 50% daripada RM2.1 bilion ke RM3.1 bilion manakala bilangan saham berkaitan meningkat sebanyak lebih 83% daripada 833 juta saham bagi tahun TK2014 ke 1.525 bilion saham bagi TK2018.

BPlant will also contribute to Boustead nowadays :)


https://www.thestar.com.my/business/business-news/2019/12/18/palm-oils-changing-fortunes-signal-brighter-outlook-in-2020#cxrecs_s

Big jump in pharmaniaga share price just now, followed by boustead, the parent company, not reflected yet? :)

KUALA LUMPUR (Dec 18): Pharmaniaga Logistic Sdn Bhd's pharmaceutical and medical equipment concession contract with the Ministry of Health (MoH), which ended on Nov 30, has been extended for another 25 months to ensure smooth transition to the new company.

Deputy Minister Dr Lee Boon Chye (pictured) said that besides ensuring smooth transition process, which would be made through open tenders, the extension of the contract would also ensure the supply of medicines and medical equipment would not be disrupted.

“Their contract ended on Nov 30 and has been extended for another 25 months to enable the transition. It is important to ensure that the supplies of all 700 types of medicines (supplied by Pharmaniaga) can be made through open tenders and that we will continue getting the supplies.

“In terms of logistics, it has been decided to be extended to five year. So, I think there is no issue of supply of medicines to all facilities under the MoH,” he said in reply to Senator Rahimah Mahamad during question time at the Dewan Negara sitting today.

Q4,2019 is expected to report profit, for 2019, overall profitable.



Nine-month net loss 92 million was due to impairment loss 123mil earlier as per 3Q,2019 quarterly report :)

Possible for strategic partner to acquire a stake from LTAT soon?

Boustead has great potential but our holdings in the company is too much which is not the best practice," she said.

LTAT is the majority shareholder in Boustead with about 69.6% stake.

To date, LTAT investment portfolio comprised of 10% in property development, property investment (5%), unlisted equity (17%), listed companies (60%) and a group of companies (8%).

As of Dec 31, 2018, LTAT has total assets under management amounting to RM9.4 billion.

:)

Boustead Holdings Berhad (MYX: 2771) was founded in 1828 as Boustead & Co in Singapore by Edward Boustead, an English businessman. The company was incorporated in 1961 under the Kuala Lumpur, Singapore, Shenzhen and Shanghai stock exchanges.

Boustead Holdings Berhad
Boustead Holdings logo.svg
Type
Publicly traded company
Traded as
MYX: 2771
ISIN
MYL2771OO003
Predecessor
Boustead & Co
Founded
1828
Headquarters
28th Floor, Menara Boustead, 69, Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia
Key people
Lodin Wok Kamaruddin, Deputy Chairman / Group Managing Director
Number of employees
18,000+ (2017)
Parent
Armed Forces Fund Board
Subsidiaries
List of subsidiaries
Website
www.boustead.com.my
After World War II, Malaya declared independence from the British (1957) and Singapore declared independence from Malaysia (1965). This saw Boustead & Co split into three entities in 1975, Boustead Plc in London (which was later reorganized as Boustead & Co), Boustead Holdings Berhad in Malaysia, Boustead Singapore Limited, and Boustead China Co, Ltd.

In 2008, Boustead has 133 subsidiaries of which 3 companies are listed and 16 associate companies, of which one is listed. It has total assets in excess of RM8 billion and more than 18,000 employees. The major shareholder of Boustead today is Lembaga Tabung Angkatan Tentera (LTAT) the Malaysian Armed Forces Pension Fund. The Boustead Group's operations and business activities can be categorised into six core business areas, namely Plantation, Heavy Industries, Property, Finance & Investment, Trading and Manufacturing & Services.

Boustead, through its Boustead Petroleum Marketing subsidiary, is also a major shareholder of BHP Petroleum, a chain of refilling stations inherited from BP in 2005 after BP's pullout from the Malaysian petrol retail business in 2004.[1

Dah mau naikkah? :)

Nine-month net profit 285.965 million (increased 45.39%)

KUALA LUMPUR: The New Year is expected to see the recovery in commodity prices with the crude palm oil (CPO) price to reach above RM2,400 and crude oil price to stay higher than US$60 (RM248.40).

According to MIDF Investment Bank Bhd, the stronger CPO price and firm crude oil will help fuel corporate earnings in the two sectors and will in turn lend support to share prices.

Speaking at a media briefing yesterday, MIDF head of research Mohd Redza Abdul Rahman said corporate earnings are expected to improve.

“Certainly, the export-oriented sectors are pretty much dependent on the global economy. Hence we look at the commodity sector to drive most of the growth, as well as the banking sector. It [the growth] will be more domestic-driven.

“For stocks under our coverage, we are [forecasting] about 5% earnings recovery in 2020 — driven by banks, plantations, oil and gas, and telecommunications — whereas the consensus is at 6.5% for the KLCI [constituents],” he said.

Mohd Redza anticipates the benchmark index to hit 1,680 by end-2020. The forecasts on the average crude oil price are US$65 per barrel and CPO at RM2,450 next year.

At the time of writing, the global crude benchmark was traded at US$65.15 per barrel, while CPO futures contracts for March 2020 delivery were last done at RM2,891 a tonne on Bursa Malaysia Derivatives.

The FBM KLCI closed 0.48% or 7.6 points up at 1,576.95 yesterday.

“Coming from a lower base, at about 1% this year, we expect [corporate] earnings to be better next year,” he said, adding that valuations will still be subject to macro and geopolitical uncertainties.

“The sectors that we see increasing [earnings] are the banks; the oil and gas companies which will continue to do better because oil prices are forecast to be at US$65 a barrel. We have also raised our call on the plantation sector from ‘negative’ to ‘neutral’,” he told the media.

Nevertheless, he stressed that the year-end KLCI target is at an implied lower end of its historical range price-earnings ratio of 16.5 times, to factor in external risks.

The external risks include the geopolitical scene, trade war, the European Union’s ambitious push against climate change, monetary policy expansion and interest rate.

He added that despite being one of the laggard markets among its peers this year, the KLCI is relatively in line with them when viewed from a two-year observation period.

Kwap juga Masih substantial shareholder

Nature of interest Direct Interest
Direct (units) 186,179,392
Direct (%) 9.185
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 186,179,392
Date of notice 03 Oct 2019
Date notice received by Listed Issuer 03 Oct 2019

EPF Masih substantial shareholder

Nature of interest Direct Interest
Direct (units) 101,947,948
Direct (%) 5.029
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 101,947,948
Date of notice 20 Nov 2019
Date notice received by Listed Issuer 22 Nov 2019

Expecting the bosses will buy more shares themselves, this year Belum Ada syer Beli balik pakai duit syarikat lagi :)