Market Cap: 5,539 Million
NOSH: 6,713 Million
Avg Volume (4 weeks): 1,159,136
4 Weeks Range: 0.82 - 0.875
4 Weeks Price Volatility (%):
9.09%
52 Weeks Range: 0.82 - 1.08
52 Weeks Price Volatility (%):
1.92%
Average Price Target: 1.13
Price Target Upside/Downside: +0.305

:)

MBSB: 2Q profit up 24% on lower expected credit losses. Malaysia Building Society registered a 24% YoY increase in the 2Q profit of its FY19, as the group recorded lower than expected credit losses during the quarter under review. Hence, net profit climbed to RM106.23m from RM85.69m a year ago. Revenue grew 3% to RM817.66m from RM794.14m. (The Edge)

Loan growth in August was flat at +3.9% YoY; MoM saw a 60bps uptick to +0.6%. While Households were marginally flattish, Business saw another 20bps uptick to +3% YoY. We maintain our view of a pick-up in loans post-budget 2020; at current MoM pace, we anticipate loans growth for 2019 at +5.5% YoY, slightly higher than our previous estimation of ~5%. Our call on the sector remains OVERWEIGHT as valuations are attractive. In fact, most banks under our coverage are rated OUTPERFORM: - AFFIN (TP: RM2.45), ABMB (TP: RM3.45), AMBANK (TP: RM4.75), BIMB (TP: RM4.80), CIMB (TP: RM6.45), MAYBANK (TP: RM9.70), MBSB (TP: RM1.10), PBBANK (TP: RM24.10) and RHBBANK (TP: RM6.05). Only HLBANK (TP: RM17.30) is a MARKET PERFORM.

Alyala bought the shares at 88sen and higher, does not make sense to implement private placement at 20.5sen now. so the better option is to privatise because current market price is far too undervalued :)

whether private placement or privatisation, share price should move upwards :) be patient

With tony and 2 new CEO this year, expecting better performance in the coming years :)

Wednesday, 21 Aug 2019

6:25PM TUNEPRO 1H net profit 31.738 million (increased 0.27%)


Tuesday, 28 May 2019

5:45PM TUNEPRO 1Q net profit 20.150 million (increased 10.42%)

better late than never, tony started to pay attn to tune pro by rejoining the board :)

Friday, 28 Jun 2019

6:00PM TUNEPRO Appointment of ANTHONY FRANCIS FERNANDES As Others

6:00PM TUNEPRO Cessation of KAMARUDIN BIN MERANUN As Others

tony is back on board, 2 new CEOs (Group & Company Level) appointed this year, must be serious to improve, etc :)

current price is lower than ESOS price :)

OTHERS TUNE PROTECT GROUP BERHAD ('TPG' OR 'THE COMPANY') - OFFER OF EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
TUNE PROTECT GROUP BERHAD

Type Announcement
Subject OTHERS
Description TUNE PROTECT GROUP BERHAD ('TPG' OR 'THE COMPANY') - OFFER OF EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
Pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of TPG wishes to announce that the Company has on 13 September 2019, offered the ESOS for a period of five (5) years to eligible persons under its ESOS, the details of which are as follows:-



Date of offer

:

13 September 2019

Exercise price of ESOS shares offered

:

RM0.56

Number of ESOS shares offered

:

500,000

Market Price of TPG shares on the date of offer

:

RM0.610



This announcement is dated 13 September 2019.

tony also rejoined the board of tune pro... :)

5230 TUNEPRO TUNE PROTECT GROUP BERHAD
Change in Boardroom

Date of Change: 01/07/2019
Type of Change: Appointment
Designation: Others
Directorate: N/Ind & N/Exec
Name: ANTHONY FRANCIS FERNANDES
Age: 55
Country:
Nationality: Malaysia

Qualifications:



Working Experience and Occupation:
1. AIRASIA GROUP BERHADNon-Independent Executive Director and Group CEO(2018 to Present)2. AIRASIA X BERHADNon-Independent Non-Executive Director(2006 to Present)3. AIRASIA BERHADNon-Independent Executive Director and GroupCEO (2001 to 2018)4. WARNER MUSIC SOUTH EAST ASIAVice President (1999 to2001)5. WARNER MUSIC SOUTH EAST ASIARegional Managing Director (1996 to 1999)6.WARNER MUSIC MALAYSIAManaging Director (1992 to 1966)7. WARNER MUSICINTERNATIONAL LONDONSenior Financial Analyst (1989 to 1992)8. VIRGINCOMMUNICATIONS LONDONFinancial Controller (1987 to 1989)


Directorship of public companies (if any):
(1) AirAsia Group Berhad(2) Airasia X Berhad


Family relationship with any director and/or major shareholder of the listed issuer:
NIL


Details of any interest in the securities of the listed issuer or its s

good memory!

The Group has also earmarked a few smaller scale land banks to develop on “build and then sell” concept and has implemented the first project of 192 apartment units in Putra Perdana, Sepang which is slated for completion in October 2019.
While the Group’s joint venture projects are on-going, the Group has submitted its new development plans on various parcels of land, some of which have already been approved by the relevant authorities.




@@@calvintaneng Sales

For TalamT long term could be just the turn of 2019 to 2020

Seroja Apts in Dengkil will be completed by Oct 2019 for 100% outright sale

Also possible sale of other assets to unlock value

Proton good sales might cause expansion south to Serendah lands. Since Drb who owned Pos is also in Top holders of TalamT don't be surprised if drb should take further interest in Talam's Serendah lands
29/06/2019 4:28 PM

good reminder for those waiting :)

@calvintaneng TALAMT has Lands & Apts south of Putrajaya

PUTRAJAYA WILL BE A THREE TRAIN LINE INTERCHANGE WITH ECRL

THIS IS IN FACT THE BIGGEST RAIL INTERCHANGE OF ECRL

AND SEROJA APTS ARE JUST SOUTH OF PUTRAJAYA IN DENGKIL

SO TALAMT SHOULD ALSO BENEFIT

CALVIN EXPECTED ECRL TO BOOST TALAMT SERENDAH LANDBANKS

AT PRICE TARGET SHOULD BE ABOVE 50 SEN FOR TALAMT

NOW WITH ECRL PASSING SERENDAH STILL OK

I THINK TARGET PRICE OF TALAMT SHOULD STILL BE ABOVE 22 SEN

THIS WILL BE TWICE THE PRICE TAN SRI DATUK CHAN PAID AT 11 SEN
15/04/2019 9:44 AM

this month siap, already oct 2019 :)


The Group has also earmarked a few smaller scale land banks to develop on “build and then sell” concept and has implemented the first project of 192 apartment units in Putra Perdana, Sepang which is slated for completion in October 2019.
While the Group’s joint venture projects are on-going, the Group has submitted its new development plans on various parcels of land, some of which have already been approved by the relevant authorities.



@@@@calvintaneng Will TALAMT STILL GET SOME BENEFITS?

YES!

TALAMT HAS ONGOING APARTMENTS BUILDING PROJECT IN DENGKIL, SEPANG WHICH IS JUST SOUTH OF PUTRAJAYA (AND PUTRAJAYA IS GOING TO HAVE THE BIGGEST ECRL TRAIN STOPS WITH 2 MORE INTERCHANGE - MAKING IT THREE TRAINS CONVERGING INTO ONE JUST LIKE KL SENTRAL

AND I WAS NOT ENTIRELY WRONG AS LABU IS ONLY 16KM FROM BANGI ECRL STOP (15 MINUTES AWAY)

NOW THE SEARCH FOR VALUE GOES ON AND ON (THEY CALL THIS THE RANDOM WALK THEORY)

INVESTMENT GOES AFTER VALUE & DISCOVERY ALL THE TIME

THE FASTER WE UNDERSTAND INFORMATION THE FASTER WE ACT

"""THE FLOW OF INFORMATION PRECEDES THE FLOW OF WEALTH""


BEST REGARDS,

Calvin Tan
13/04/2019 3:08 PM

headache, unable to comply :)

Public spread still below requirements as at August. MCT announced on 9 Aug that its public shareholding spread stood at 24.59% from 18.74% as at March – this was still non-compliant with the public shareholding spread requirement of at least 25%. To address this, the group plans to discuss with its major shareholders on the possibility of selling down their shareholdings. It also intends to engage with investment banks on private placement exercises to those deemed public. The group also wants to increase communication with potential investors, analysts, research houses, and shareholders to instil investor confidence.

:)

MCT - Boosted by Casawood
Author: kltrader | Publish date: Fri, 1 Mar 2019, 4:41 PM

MCT’s 2Q2018 (FYE: DEC 2018) core earnings more than doubled to RM37m driven by revenue contribution from the newly-launched Casawood project. Overall, 6-months FYEDec2018 core earnings exceeded our estimate at 139%.
MCT expects to launch at least another 2 new projects at Tropicana Metropark and Tropicana Grande 2 in 2019.
Maintain HOLD with an unchanged RM0.65 TP pegging 10x PE on 2019F EPS. While this is below the sector’s 5-year historical average of 12.0x, we think it is fair amidst the weak property market.
Core profits improved on newly-launched Casawood
2Q2018 (FYE: DEC) core profits surged yoy to more than double to RM37m driven by contribution from the newly-launched project, Casawood @ Cybersouth. The project was launched in May 2018 with current take up rate already at 52%. In contrast, most projects then were near completion in 2QFY18 (Oct-Dec 2017). Overall, the 6-month 2018 core earnings exceeded our estimates at 139%.

Stronger qoq performance
On qoq basis, revenue grew 45% to RM182m on the back of progress billing of existing development projects being recognised including Lakefront Residence Phase 2, Lakefront PRIMA and Belleveu @ Cybersouth. On the other hand, Greencasa @ Cybersouth project was completed and delivered in Oct 2018 followed by Lakefront Residence Phase 1 and Casa 2b @ Cybersouth in Nov 2018. There was no new launch during the quarter.

Looking forward to new project
MCT guided for at least 2 new project launches in 2019 including Tropicana Metropark and Tropicana Grande 2. Both projects are located in prime area with good accessibility. The proposed Tropicana Metropark entails the development of 1,400 units of serviced apartment worth RM570m. It is located within the vicinity of Subang Jaya and is linked to the newly-opened direct access to Federal Highway [ie. where the Batu 3 Toll was situated]. Meanwhile, Tropicana Grande 2 entails the development of 226 units of residential condominium worth RM265m. It is located within Tropicana Golf and Country Resort which is nearby to Surian MRT and Lembah Subang LRT.

HOLD with unchanged TP of RM0.65
Maintain HOLD with unchanged TP of RM0.65 pegging 10x P/E on 2019F EPS. While this is below the sector’s 5-year historical average of 12.0x, we think it is fair in view of the soft property market backdrop. On other hand, long term proposition remains, in view of: i) huge unbilled sales of more than RM1bn; ii) low net gearing of 0.02x and iii) most landbanks located in prime locations.

Source: BIMB Securities Research - 1 Mar 2019

:)

https://klse.i3investor.com/blogs/kokokai/204260.jsp


28-Apr-2019 MCT Berhad: A Lowly Geared Developer with a TP of RM0.90

Already less 25% public shareholdings spread, with Market Cap: 299 Million
NOSH: 1,457 Million, say, use 25% x 1,457 million shares issued x 88sen ~ RM320mil :)



As at 31 July 2019, the public shareholding spread of the Company was 24.59%. As such, the Company currently does not comply with the Required Public Spread.



To rectify the non-compliance with the Required Public Spread, the Company intends to continue pursuing the following action plans:



1. Engaging with investment banks to identify potential public placees to increase public spread via a private placement;



2. To conduct analyst and media briefings to increase awareness and interests in the Company;



3. To update research houses with the Company’s current performance and future plans to expand research coverage on the Company; and



4. Engage with the Company’s major shareholders on the possibility of selling down its shareholding to public shareholders.



The Company will continue to monitor the level of public shareholdings and make the necessary announcement in relation to the status of compliance with the Required Public Spread in accordance with the Listing Requirements.



This announcement is dated 9 August 2019.





Announcement Info
Company Name MCT BERHAD
Stock Name MCT
Date Announced 09 Aug 2019
Category General Announcement for PLC
Reference Number GA1-09082019-00043

MCT was formerly known as GW PLASTICS HOLDINGS BERHAD, IPO price was 76sen :)

Initial Public Offering (IPO)
GW PLASTICS HOLDINGS BERHAD

Subject THE INITIAL PUBLIC OFFERING (“IPO”) OF 61,420,000 ORDINARY SHARES OF RM0.50 EACH (“IPO SHARES”) COMPRISING OFFER FOR SALE OF 45,420,000 ORDINARY SHARES OF RM0.50 EACH (“OFFER SHARES”) AND PUBLIC ISSUE OF 16,000,000 NEW ORDINARY SHARES OF RM0.50 EACH (“ISSUE SHARES”) IN CONJUNCTION WITH THE LISTING OF GW PLASTICS HOLDINGS BERHAD (“GW HOLDINGS”) ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD:

• OFFERING OF 23,600,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY;

• OFFERING OF 17,820,000 OFFER SHARES BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED INVESTORS;

• OFFERING OF 11,800,000 ISSUE SHARES FOR APPLICATION BY THE MALAYSIAN PUBLIC; AND

• OFFERING OF 8,200,000 IPO SHARES COMPRISING 4,200,000 ISSUE SHARES AND 4,000,000 OFFER SHARES, FOR APPLICATION BY THE ELIGIBLE DIRECTORS AND EMPLOYEES OF GW HOLDINGS AND OUR SUBSIDIARIES (“GROUP”) AND/OR PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP;

AT THE IPO PRICE OF RM0.76 PER SHARE, PAYABLE IN FULL UPON APPLICATION

look for sudden surge in share if ayala sapu shares from open market if decided to privatise or re-offer again :)

Mkt cap 298.68M
P/E ratio 4.33
Prev close 0.205
52-wk high 0.77
52-wk low 0.20

Profitable, undervalued and facing public shareholdings spread repeatedly, the best option is to privatise.

Friday, 30 Aug 2019

6:33PM MCT 1H net profit 8.442 million


Friday, 9 Aug 2019

6:33PM MCT PUBLIC SHAREHOLDINGS SPREAD


Monday, 8 Jul 2019

5:58PM MCT PUBLIC SHAREHOLDINGS SPREAD



Tuesday, 28 May 2019

6:55PM MCT PUBLIC SHAREHOLDINGS SPREAD

6:47PM MCT 1Q net profit 5.688 million

As at 28 September 2018

Top 30 shareholders = 99.5% :)

:)

List of Thirty (30) Largest Securities Account Holders as per the Record of
Depositors
No. Name of Shareholder No. of Shares Held % of Issued Share Capital
1 Regent Wise Investments Limited 439,809,059 30.19
2 Regent Wise Investments Limited 295,277,782 20.27
3 CIMSEC Nominees (Asing) Sdn Bhd
- Pledged Securities Account for Regent Wise Investments Limited
230,115,574 15.79
4 Lembaga Tabung Haji 133,480,000 9.16
5 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB for Tan Sri Dato’ Sri Goh Ming Choon (PB)
85,639,790 5.88
6 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB Bank for Tan Sri Dato’ Sri Goh Ming Choon (PBCL-0G0264)
66,700,000 4.58
7 Citigroup Nominees (Tempatan) Sdn Bhd
- Exempt An for AIA Bhd.
48,536,800 3.33
8 Maybank Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Dato’ Sri Tong Seech Wi
42,776,425 2.94
9 Kumpulan Wang Persaraan (Diperbadankan) 36,934,700 2.53
10 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB for Ng Lee Ling (PB)
24,949,000 1.71
11 Dato’ Goh Meng Keong 19,204,422 1.32
12 Alliancegroup Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Koh Kin Lip (7003423)
7,125,000 0.49
13 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB Bank for Rickoh Corporation Sdn Bhd (MY0507)
7,125,000 0.49
14 CIMSEC Nominees (Tempatan) Sdn Bhd
- CIMB for Lai Ming Chun @ Lai Poh Lin (PB)
3,701,000 0.25
15 WHC Capital Sdn. Bhd. 1,562,000 0.11
16 Citigroup Nominees (Tempatan) Sdn Bhd
- Exempt An for AIA Public Takaful Bhd.
1,214,700 0.08
17 HSBC Nominees (Asing) Sdn Bhd
- JP Morgan Securities Plc
1,208,900 0.08
18 Tan Pei Geok 1,000,000 0.07
19 Toh Chee Ming 390,000 0.03
20 Datuk Lim Kok Boon 372,625 0.03
21 Yeoh Soo Ann 349,550 0.02
22 Wang Hayley 310,000 0.02
23 Lim Chong Hoe 300,000 0.02
24 Elvin A/L Berty Luke Fernandez 250,000 0.02
25 Khong & Jaafar (Corporate Services) Sdn Bhd 250,000 0.02
26 TA Nominees (Tempatan) Sdn Bhd
- Pledged securities account for Foo Yin Kang
250,000 0.02
27 Dato’ Jessie Yow Yoon Khoon 243,000 0.02
28 Beh Eng Par 232,000 0.02
29 Maybank Securities Nominees (Tempatan) Sdn Bhd
– Pledged securities account for Wan Rozita Binti Wan Harun (Margin)
213,800 0.01
30 DB (Malaysia) Nominee (Tempatan) Sendirian Berhad
- Deutsche Trustees Malaysia Berhad for AIA PAM
– Islamic Moderate Fund
200,000 0.01
1,449,721,127 99.50

2018 gagal, if this year, probably successful :)

Philippines' Ayala Land now controls 72.3% of MCT
CORPORATE NEWS
Tuesday, 20 Feb 20184:38 AM MYT



Philippines' Ayala Land has raised its stake in property company MCT Bhd to 72.3% or 669.92 million shares at the end of the takeover offer which ended on Monday

KUALA LUMPUR: Philippines' Ayala Land has raised its stake in property company MCT Bhd to 72.3% or 669.92 million shares at the end of the takeover offer which ended on Monday.

According to CIMB Investment Bank on Tuesday, Ayala Land had received acceptances for 295.27 million shares or 22.12% stake.


Ayala Land, had through Regent Wise Investment Ltd, launched an unconditional mandatory takeover offer when it emerged with 50.19% following a corporate exercise.

It had made an offer of 88 sen a share to the minority shareholders. However, Kenanga Investment Bank Bhd has advised the minority shareholders to reject the takeover offer as the offer price was a discount of 50 sen or 36.23% over the estimated fair value per MCT Share of RM1.38 and described the offer as not fair.

To recap, Ayala Land first emerged in MCT in April 2015, soon after MCT’s listing on Bursa Malaysia. It took up 9.16% stake, which was part of a placement of shares at a price of RM1.28 a piece.

Six months later it bumped up its shareholdings in MCT to 32.95%.

In early January, Ayala Land emerge as a major shareholder of MCT, through its unit Regent Wise Investments Ltd, signed a share purchase agreement with Tan Sri Goh Ming Choon, a major shareholder of MCT, to buy 230.12 million shares, or 17.24%, for RM202.5mil cash, or 88 sen per share.

This brought Ayala Land’s holdings to 50.19% and firmly indicated its control of the local property developer.

Ayala Land is the biggest property developer in the Philippines. Its market capitalisation on the Philippine Stock Exchange is about RM53.69bil.

Read more at https://www.thestar.com.my/business/business-news/2018/02/20/philippines-ayala-land-now-controls-72pt3pct-of-mct#kUBMasRSAogKRcEC.99

Ayala land should make another general offer now, the minority shareholders might agree :) last year gagal :)

Ayala Land owns 72.3% of MCT as general offer closes
Adam Aziz
/
theedgemarkets.com

February 20, 2018 15:42 pm +08



-A+A
KUALA LUMPUR (Feb 20): Ayala Land Inc, the biggest property group in the Philippines, increased its indirect stake in MCT Bhd to 72.31% at the close of the mandatory general offer (MGO) for shares in the Malaysian firm yesterday.

In a stock exchange filing today, MCT said Regent Wise Investment Ltd, a unit of Ayala, has acquired an additional 22.12% stake, representing 295.28 million shares between Jan 27 and Feb 19, adding to the 50.19% stake in MCT held by Regent Wise as at Jan 26.

MCT’s other substantial shareholder includes Lembaga Tabung Haji with a 10% stake.

Ayala intends to keep the listing status of MCT. It was reported on Feb 7 that Ayala intends to explore options to increase MCT’s public shareholding spread to at least 25%, in accordance with Bursa Malaysia’s Main Market listing requirements, within three months from the closing date of the MGO.

Board: MAIN
Sector: Finance
Avg Volume (4 weeks): 1,068,110
4 Weeks Range: 0.545 - 0.64
52 Weeks Range: 0.525 - 0.765
Average Price Target: 0.86
Price Target Upside/Downside: +0.31

:)

The company generates the majority of its revenue from general insurance business segment.

:)

TUNEPRO (5230): TUNE PROTECT GROUP BHD - Overview | I3investor


TUNE PROTECT GROUP BHD
Last Price Today's Change
0.55 -0.005 (0.90%)

Board: MAIN
Sector: Finance
Avg Volume (4 weeks): 1,068,110
4 Weeks Range: 0.545 - 0.64
52 Weeks Range: 0.525 - 0.765
Average Price Target: 0.86
Price Target Upside/Downside: +0.31
Tune Protect Group Bhd is a Malaysia investment holding company that underwrites and reinsures non-life insurance products through its subsidiary companies. The group is organized into five major business segments, investment holding, and others, funds managed through collective investment schemes, general reinsurance, life reinsurance and general insurance business. The company has two general insurance businesses, Tune Insurance Malaysia Berhad as well as an associate company, Tune Insurance Public company Limited, located in Thailand. Both offer a range of products while also underwriting travel businesses in their respective countries. The company generates the majority of its revenue from general insurance business segment.
Date Close
09/1/2019. 0.55
08/10/2019 0.555
07/10/2019 0.55
04/10/2019 0.56
03/10/2019 0.565
02/10/2019 0.565
01/10/2019 0.585
30/09/2019 0.58
27/09/2019 0.585
26/09/2019 0.585
25/09/2019 0.575
24/09/2019 0.58
23/09/2019 0.59
20/09/2019 0.59
19/09/2019 0.60
18/09/2019 0.605
17/09/2019 0.61
13/09/2019 0.61
12/09/2019 0.61
11/09/2019 0.635

Launching anytime from now, already Oct 2019 :)

The Group has also earmarked a few smaller scale land banks to develop on “build and then sell” concept and has implemented the first project of 192 apartment units in Putra Perdana, Sepang which is slated for completion in October 2019.
While the Group’s joint venture projects are on-going, the Group has submitted its new development plans on various parcels of land, some of which have already been approved by the relevant authorities.

Net assets per share 61sen+, at 20.5sen = 1/3 X net assets per share.

THIS COMPANY IS CONTROLLED BY A RM50BIL MARKET CAP FOREIGN COMPANY. EXTREMELY STRONG :)


Our single largest shareholder, Regent Wise Investment Limited, is a wholly-owned subsidiary of Ayala Land Inc. (“Ayala“), the leading property developer in the Philippines with a market capitalisation of approximately RM50 billion.

MCT Sasar RM650j Projek Baharu
July 05, 2019

MCT AIMS RM650m sales from new projects
July 02, 2019

MCT appoints Apollo Bello Tanco as COO
March 04, 2019

MCT announces Teh Heng Chong's appointment as CEO
February 14, 2019

Ayala Land outlines PH, Malaysia expansion in 2018
April 18, 2018

MCT to develop 1,400 serviced apartment units in Petaling district
April 13, 2018

Philippines' Ayala Land now controls 72.3% of MCT
February 20, 2018

Cybersouth Launches The Sensational Casawood 2 Storey Link Homes
February 15, 2018

MCT Poised For Growth With Ayala Land At The Helm
February 13, 2018

MCT stake purchase will harness growth, says Ayala Land
February 08, 2018

Ayala to explore options to boost MCT's public shareholding spread
February 07, 2018

MCT gets unconditional takeover offer from Ayala after Bursa waiver
January 05, 2018

Philippines' Ayala to make GO for Malaysia's MCT
January 03, 2018

MCT divests One City-linked unit for RM7.5m
December 08, 2017

Cybersouth – Nature And Modern Living In Convenient Township
October 24, 2017

There is still growth in property sector, says MCT
May 29, 2017

RM5mil more needed to build campus
May 17, 2016

Nature-inspired development near Cyberjaya offers a modern living experience
May 10, 2016

MCT Berhad Listing Ceremony
April 07, 2015

MCT fixes placement price, will raise RM384mil
April 03, 2015

CYBERSOUTH
Cybersouth
Park Place 1 @ Cybersouth
Casawood @ Cybersouth
Casa Bluebell @ Cybersouth (Sold Out)
GreenCasa @ Cybersouth (Sold Out)
CasaView @ Cybersouth (Sold Out)

ONE CITY @ USJ 25
One City @ USJ 25
The Square @ One City
Sky Park @ One City
eCity Hotel @ One City
Garden Shoppe @ One City
The Place @ One City

LAKEFRONT, CYBERJAYA
LakeFront, Cyberjaya
Lakefront Homes
LakeFront Residence
LakeFront Villa

1 AVENUE @ USJ
1 Avenue @ USJ
1 Avenue @ USJ

THE PLACE @ CYBERJAYA
The Place @ Cyberjaya
The Place @ Cyberjaya

SKY PARK @ CYBERJAYA
Sky Park @ Cyberjaya
Sky Park @ Cyberjaya

MCT BERHAD (881786-X)
MCT Berhad (“MCT”) was listed on the Main Market of Bursa Malaysia Securities Berhad on 6 April 2015 following the completion of a reserve takeover (“RTO”) exercise.

Commencing operations in 1999 as Modular Construction Technology Sdn Bhd with a total paid-up share capital of RM250,000, today, we are one of the larger property counters listed on the Malaysian stock exchange with a market capitalisation of over RM1 billion.

Our success is underpinned by our construction philosophy centred on the principles of an integrated builder with an in-house design team, construction and purchasing arm, coupled with our own precast and ready-mixed concrete plant. These key features have enabled our Group to adapt quickly to changing market conditions while optimising costs to remain competitive.

Our existing landbank comprises over 540.2 acres of which only 20.4 acres have been fully developed. On-going and soon-to-be launched projects with a combined gross development value (GDV) of approximately RM8 billion account for another 209.9 acres, leaving 309.9 acres for future projects with a conservatively estimated GDV of approximately RM5 billion.

Our single largest shareholder, Regent Wise Investment Limited, is a wholly-owned subsidiary of Ayala Land Inc. (“Ayala“), the leading property developer in the Philippines with a market capitalisation of approximately RM50 billion.

We are collaborating closely with Ayala to create synergies for both organisations and to accelerate our emergence as a key property player in the Malaysian market.

BOARD OF DIRECTORS

Tan Sri Dato’ Sri Abi Musa Asa’ari Bin Mohamed Nor
Tan Sri Dato’ Sri Abi Musa Asa’ari Bin Mohamed Nor
Independent Non-Executive Director And Chairman


Bernard Vincent Olmedo Dy
Bernard Vincent Olmedo Dy
Non-Independent Non-Executive Director


Anna Maria Margarita Bautista Dy
Anna Maria Margarita Bautista Dy
Non-Independent Non-Executive Director


Tan Sri Dato’ Hj. Abd Karim Bin Shaikh Munisar
Tan Sri Dato’ Hj. Abd Karim Bin Shaikh Munisar
Independent Non-Executive Director


Lao Chok Keang
Lao Chok Keang
Independent Non-Executive Director


Apollo Bello Tanco
Apollo Bello Tanco
Executive Director And Chief Operating Officer


Ma. Luisa Dioquino Chiong
Ma. Luisa Dioquino Chiong
Non-Independent Non-Executive Director


Teh Heng Chong
Teh Heng Chong
Executive Director And Chief Executive Officer

hopefully ayala will offer to buyback the less than 25% stake belonged to others. :)

tabung haji punya 9.16%+ stake in MCT has been transferred to URUSHARTA JAMAAH SDN. BHD... as such the govt agency will ensure MCT will generate +return :)

if tony announces that talk with korean investors will restart then the share price will fly also, especially if he delegates the duty to his korean wife :)

government will also ensure that previous investment in mct by tabung haji will be recovered, etc. :)

5182 MCT MCT BERHAD
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

Particulars of Shareholder 38

Name : URUSHARTA JAMAAH SDN. BHD
NRIC/Passport No./Company No. : 1307642-V
Nationality/Country of Incorporation : Malaysia

Address:
Tingkat 7, Bangunan Setia 1, 15, Lorong Dungun, Bukit Damansara, 50490Kuala Lumpur Wilayah Persekutuan Malaysia

Descriptions (Class and Nominal Value):
Ordinary share


Name and Address of Registered Holder:
Urusharta Jamaah Sdn. Bhd.Tingkat 7, Bangunan Setia 1,15, LorongDungun,Bukit Damansara,50490 Kuala Lumpur,Wilayah Persekutuan.


Details of Changes

Date of Notice : 31/12/2018

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 28/12/2018 Acquired 133,480,000 -


Circumstances by reason of which change has occurred:
Share transferred by Lembaga Tabung Haji as a result of the restructuringexercise - 133,480,000 units

Nature of Interest:
Direct Interest

Consideration:



No of Shares Held After Changes:
Direct : 133,480,000 shares (9.1610%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 133,480,000 shares

Remarks:
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com

Good to invite the korean investors again at current cheap price :)

Entry of South Korean investor in Tune Protect could remove overhang, accelerate growth — UOB Kay Hian
Sulhi Azman
/
theedgemarkets.com

September 11, 2017 15:09 pm +08



-A+A
KUALA LUMPUR (Sept 11): The potential entry of a South Korean investor into Tune Protect Group Bhd could remove any potential share overhang, while helping the insurer to accelerate growth of its business overseas, according to UOB Kay Hian Securities (M) Sdn Bhd.

“Assuming that this news report is true, we view this positively,” UOB Kay Hian analyst Keith Wee Teck Keong said in a note to clients today, as the broker kept a “Buy” call on the stock, with a target price of RM1.40.

“As such, securing a strategic partner to dispose their stake to would be viewed positively by the market, as it removes any potential share overhang from open market disposal, and also helps the group to bring in a potential strategic shareholder who can add further value to help accelerate its overseas business expansion strategy,” Wee added.

Wee’s remark was following a report by The Edge Weekly, which had — in its latest issue — said a South Korean investor is keen to take up a stake in Tune Protect and consequently, could emerge as a substantial shareholder “soon”.

The entry of the South Korean party could be via the sale of stake by Tune Protect’s controlling shareholders — Tan Sri Tony Fernandes and Datuk Kamarudin Meranun — both of whom collectively own an indirect stake of 29.42%.

In Tune Protect, Fernandes and Kamarudin hold a combined direct stake of 16.64% via their private vehicle, Tune Group Sdn Bhd. Filings with Bursa Malaysia revealed Tune Group has been gradually disposing its stakes in the open market.

Since June 2015, speculation was rife that Tune Group was considering disposing some of its stake, as it mulls to review their broader strategic investment direction, while complying with the regulator’s directive in limiting individual shareholding limit to not more than 10%.

While the insurer is said to dispose part of its stake, UOB Kay Hian noted it will not “jeopardise the group’s crucial tie-up with AirAsia Bhd”, with the latter to remain a key shareholder in Tune Protect, owning around a 13.7% stake.

This, said the brokerage firm, was as Tune Protect had an exclusive tie-up agreement with AirAsia, which will expire from 2022 to 2027, helping to secure Tune Protect’s interest.

At the same time, UOB Kay Hian’s Wee noted AirAsia also places great emphasis on expanding its ancillary income, with travel insurance — through Tune Protect — being part of its long-term ancillary income growth strategy.

At noon-break today, shares in Tune Protect rose 4 sen or 3.45% to pause at RM1.20, valuing the insurer at a market capitalisation of RM751.76 million.

Ayala group, a Filipino Spanish group

https://www.ayalaland.com.ph/amp/

AirAsia Ecosystem
Since the implementation of the revenue optimisation initiative leveraging machine learning
capabilities in several key markets, the Group has started to yield positive results with the initiative
contributing to 3% to the overall AirAsia Travel protection business in 2Q2019.
The Group is also looking at other insurance revenue and optimisation initiatives on the airline
booking platform.
During the 2Q2019, activation of the AirAsia Travel & Service Centres (ATSC), one of the offline
channels took place in Vietnam, Macau and the Philippines, whereby Travel insurance is now
distributed by the ATSCs. Plans are underway to rollout offline channels in Thailand, China and
Indonesia in 4Q2019.
The Group will further align its structure to maximise and leverage on the relationship with the
AirAsia ecosystem in growing its businesses.
Insurtech Capabilities
Tune Protect continues to mark stronger presence in the insurtech space, having recently
established its insurtech arm, White Label. The Group expects to consolidate all its homegrown
digital assets under one roof, with White Label playing a vital role in monetising the group’s
technology assets moving forward.
The partnership with BaoViet is the first digital partnership where BaoViet will leverage on the
Group’s insurtech capabilities to grow its presence in the Vietnam market.
National Business
The Malaysia entity looks to grow its retail non-motor and SME/SMI segments. In May, it
introduced Business Shield which is catered to business owners and distributed by its agency
force, and in August, Pay-As-You-Drive was officially launched and is now available for purchase
through agency channel and online at www.tuneprotect.com . Soon, TPM will be launching a
new Motorist Personal Accident insurance product.
Forging Forward
The Group foresees that the economic and insurance landscape will continue to be challenging
in the region. To drive future growth, the Group will intensify its efforts on delivering its key
transformational pillars in ASEAN business, AirAsia ecosystems, insurtech capabilities andnational business to contribute towards underwriting profits and other incomes leveraging on
Insurtech.
In pursuit of being a leading digital insurer, the Group commits to strengthening its Insurtech
capabilities by growing key expertise and expanding the team, in preparation towards monetising
its digital and technology assets in the region.
“It is critical for us to strengthen the Group’s technology and Insurtech capabilities, as they can
help the Group to understand our customers and markets better, to stay relevant, and to compete
better in this crowded industry. Moving forward, we will be expanding our presence in ASEAN,”
Ai Lin concluded.

FOR IMMEDIATE RELEASE
Kuala Lumpur, 21st August 2019
2
The business portfolio restructuring initiative aimed at achieving the preferred portfolio mix of
Motor (30%) and Non-motor (70%), is part of the Group’s strategy to ensure the sustainability and
profitability of its Malaysian General Insurance business. While TPM prudently manages its motor
portfolio, it is also focusing towards growing the non- motor segment, specifically in retail, affinity
and small medium enterprises/industries.
Encouraging B2B Travel business cushioned decline in TPR revenue
Meanwhile, TPR recorded a lower quarterly GWP, down by 15% YoY at RM23.5 million, while
first half GWP was down by 17.9% YoY at RM46.6 million. TPR’s quarterly PAT declined to RM9.2
million (down 24.3% YoY) and first half PAT dropped to RM21.7 million (down 10.2% YoY). The
decline in GWP was partly due to the impact on the modification of TPR’s travel partner’s webpage
user interface and user experience design, though the real-time optimisation of travel insurance
aided in alleviating the overall impact, while the decline in PAT corresponded to the lower GWP.
Nevertheless, TPR saw encouraging EMEIA (Europe, Middle East, India and Africa) sales via its
Business-to-Business (‘B2B’) channel, with key markets like the United Arab Emirates and Saudi
Arabia registering compelling growths.
Overseas Ventures continued growth momentum
The Group’s share of results from Overseas Ventures was RM2.5 million for the first half of 2019,
translating into a 96.1% YoY growth. The TP EMEIA operations continued to see good traction in
its B2B channel while TPT enjoyed growth in the non-motor segment.
“While we recognise that the Group’s second quarter OR and PAT are lower YoY (on par if on a
normalised basis), we reiterate that GAIN is on track and poised to enhance our position in the
medium-term as a leading digital insurer in the region,” said Khoo Ai Lin (‘Ai Lin’), Group Chief
Executive Officer of Tune Protect.
Since the introduction of GAIN earlier this year, the Group has seen growing traction in each of
its four transformation pillars – (Go ASEAN, AirAsia ecosystem, Insurtech capabilities and
National business).
Go ASEAN
The Group’s business outlook in ASEAN remains bright with the successful signing of a
partnership agreement with BaoViet, the largest general insurance company in Vietnam.
Currently, integration works are underway in anticipation of the launch in 3Q2019.
The Group’s General Insurance business in Thailand has sealed the deal with TieThai to distribute
Travel Insurance with visa-on-arrival via its mobile application.

目标价：87仙



最新进展：

保费减少、佣金及管理成本增加，导致TUNE保障（TUNEPRO，5230，主板金融股）2019财年次季净利，按年下跌16.42%至1070万8000令吉，仍宣布每股派息3仙。

次季营业额报1亿2446万1000令吉，下跌11.89%。

累计首半年，TUNE保障净利滑落1.14%，至2905万令吉；营业额减少11.64%至2亿5112万6000令吉。

行家建议：



TUNE保障首半财年核心净利报2870万令吉，符合预期，分别占我们与市场的全年预测的51.7%和46.3%。

该公司近期与越南其中一家最大保险公司Bao Viet签署数字合伙协议，在当地通过TUNEPRO平台经销旅游保险计划，估计将在第三季推介，可增加额外服务费的收入。

同时，管理层指已在4个关键市场推出实时的动态定价，结果令人鼓舞，次季占亚航集团（AIRASIA，5099，主板消费股）所有旅游保险业务的3%。

管理层透露，上半财年普险总保费按年跌1.7%，所以我们相信普险领域的挑战仍然严峻，尤其是车险，归咎于价格竞争与索赔率高。

因此，估计车险业务将拖累保费增长与续险率，主要焦点将落在旅游保险与非车险业务。我们维持财测，并保持“买入”和87仙目标价，相等于下财年账面价值1.1倍。

吉隆坡21日讯）受管理开销增加，以及汽车和火险净索赔增加影响，TUNE保障（TUNEPRO,5230,主板金融服务组）截至2019年6月30日第二季净利减少16.42%至1070万8000令吉，拖累上半年净利减1.14%至2905万令吉。

次季营业额下滑11.89%至1亿2446万1000令吉，拉低6个月累积营业额11.64%至2亿5112万6000令吉。

TUNE保障首席执行员邱爱玲透过文告表示，尽管第二季营运营业额和净利按年下跌，但强调GAIN转型支柱计划（前进东盟、亚航生态系统、科技保险能力和国家业务）依旧上轨，中期有望强化集团作为区域领先数码保险公司地位。

“集团预见区域经济和保险市场将持续严峻，为推动未来业务增长，将继续强化GAIN转型支柱计划，以及善用科技保险来提高核保与其他收入表现。”

Grab, possible for privatisation with the same offer price again at 88sen :)

Date Close Volume
08/10/2019 0.21 475,200
07/10/2019 0.20 219,000
04/10/2019 0.20 70,000
03/10/2019 0.20 167,000
02/10/2019 0.20 280,000
01/10/2019 0.205 315,200
30/09/2019 0.205 204,200
27/09/2019 0.21 71,500
26/09/2019 0.21 352,600
25/09/2019 0.21 102,000
24/09/2019 0.22 517,200
23/09/2019 0.215 186,100
20/09/2019 0.22 177,000
19/09/2019 0.225 2,035,100
18/09/2019 0.225 807,100
17/09/2019 0.225 748,200
13/09/2019 0.225 1,294,300
12/09/2019 0.21 406,800
11/09/2019 0.215 885,900

For the current period to date
The Group recorded revenue of RM210 million for the 6 months period ended 30 June 2019. Savings
realised from SkyPark @ Cyberjaya coupled with the improvement of construction progress has
contributed to the revenue and profit recognition for the period. Property development segment
contributed to 95% of the total revenue of the Group.
Gross profit margin remained healthy at 30% as the contribution from low margin products such as
PR1MA Homes were the main revenue drivers.
The lower effective tax rate of 21% as compared to the statutory tax rate of 24% is mainly due to the
utilisation of business losses arising from certain subsidiaries.
Profit after tax was RM8 million at 4% net profit margin following the increase in expenses incurred
which coincided with the slow construction progress for the same period.

:)

Prospects for the next financial year
With the introduction of Home Ownership Campaign (“HOC”) by the Government, the property sector
have shown improvement as the campaign has stirred interest among homebuyers. With the Group’s
experience in residential development, the outlook for the Group is positive given that the Group is
expecting several key launches at Cybersouth and Lakefront @ Cyberjaya project by the end of
2019. The focus will remain at residential properties that are priced between RM250,000 and
RM750,000, with some commercial units to complement the completed projects. The Group’s
landbanking efforts in 2018 will also bear fruit in 2019 as the Group is targeting to launch the first
phase of the newly acquired land in Subang Jaya by 4Q 2019.

this real forecast by MID, AMINVEST & affinhwang

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
22/08/2019 0.65 0.92 +0.27 (41.54%) BUY MIDF
22/08/2019 0.65 0.72 +0.07 (10.77%) HOLD AmInvest
22/08/2019 0.65 1.10 +0.45 (69.23%) BUY AffinHwang

tune is a good buy with all the target prices far exceeded the current market price. IPO price was RM1.55, at 55sen, `1/3 of IPO price, worth investing with new Group CEO plus New Company Level CEO this year, 2 new CEOs to achieve better performance for tune

tony should advise kumpulan and river to sell in stages for the open market to absorb or tony buy their stakes or get buyer to purchase them

ayala land might reoffer the 88sen to minority shareholders again, this time is much easier i guess :)