if ayala land offers 50sen per share for privatisation, ada orang mau jual kah?

Reject Ayala Land's takeover offer, MCT shareholders told
CORPORATE NEWS,M&A
Monday, 05 Feb 2018

5:13 AM MYT
By JOSEPH CHIN


MCT SkyPark

KUALA LUMPUR: Kenanga Investment Bank Bhd has advised the minority shareholders of property company MCT Bhd to reject the takeover offer of 88 sen a share by the Philippines' Ayala Land.

Kenanga IB said on Monday as the offer price was a discount of 50 sen or 36.23% over the estimated fair value per MCT share of RM1.38, it described the offer as not fair.

“Kenanga IB views the sum-of-parts valuation (SOPV) model to be the most appropriate method to estimate the value of the MCT shares.

“Based on the SOPV method, Kenanga IB has derived an estimated fair value for the entire equity interest in MCT of approximately RM1.84bil or a fair value per MCT share of RM1.38,” it said.

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.

Kenanga IB said the offer price represents:

(i) a small premium of 0.22% to the five-day volume weighted average market price (VWAMP) of MCT shares as at the last practical date of 87.81 sen ;

(ii) a discount of 1.10% to the volume weighted average VWAMP of MCT shares for the period starting 12 months before the commencement of the offer period and up to the LPD of 88.98 sen;

(iii) and a discount of 8.33% to the VWAMP of MCT shares for the period 24 months before the commencement of the offer period and up to the LPD of 96 sen.

Notwithstanding that the MCT shares are illiquid, Kenanga IB noted the offeror intends to maintain the listing status of MCT on the Main Market of Bursa Securities.

“As such, holders who hold small amount of equity interest in MCT may still have the opportunity to dispose their MCT Shares in the open market subsequent to the closing date,” it said.

Meanwhile, the non-interested directors, after considering all aspects of the offer such as fairness and reasonableness of the offer and the evaluation and recommendation by Kenanga IB, concurred with the evaluation and recommendation of Kenanga IB that the offer is “not fair” and “not reasonable”.

“Accordingly, the non-interested directors recommend that you reject the offer,” they said in the statement.


https://www.thestar.com.my/business/business-news/2018/01/13/ayala-land-catalyst-for-mct/

For its parent company, see Ayala Corporation.

Public
Traded as PSE: ALI
Founded September 14, 1988; 31 years ago in Manila, Philippines
Headquarters Makati, Philippines
Area served
Philippines
Key people
Fernando Zobel de Ayala
(Chairman)
Bernard Vincent Dy
(President)
Revenue Increase ₱124.6 billion (FY 2016)
Net income
Increase ₱24.4 billion (FY 2016)
Total assets Increase ₱536.4 billion (FY 2016)
Parent Ayala Corporation
Website ayalaland.com.ph
Ayala Land, Inc. (ALI) is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange (PSE: ALI) in 1991. Its core businesses are in strategic landbank management, residential development, shopping centers, corporate businesses, and hotels & resorts. Support businesses are in construction and property management. ALI also derives other income from its investment activities and sale of non-core assets[1].[2][3] Last April 2015, ALI bought a minority stake in Malaysian property developer MCT Bhd. in a P1.9-billion ($43-million) deal.[4]

References
Dumlao-Abadilla, Doris. "Ayala Land nets P6.52B". Retrieved 2018-11-28.
Philippine Stock Exchange Listed Companies http://www.pse.com.ph/html/ListedCompanies/listedcompanyinfo.jsp?compID=180&recCtr=5&subsector=9[permanent dead link]
Ayala Land 2009 Integrated Annual and Sustainability Report, pp. 208-209 "Archived copy". Archived from the original on 2010-03-26. Retrieved 2010-09-29.
"BusinessWorld | Ayala Land buys into MCT Bhd. in first foray into Malaysia". www.bworldonline.com. Retrieved 2015-06-01.
Ayala Land posts strong Q1 2017 profit, up 18% at 5.56B

External links
Ayala Land official website
Official Facebook Account

cheap to privatise mct now with its cash pile now :)

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

Offer price 40 to 50sen likely :)

PUBLIC SHAREHOLDINGS SPREAD
MCT BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description MCT BERHAD ("MCT" OR THE "COMPANY")

EXTENSION OF TIME TO COMPLY WITH PUBLIC SHAREHOLDING SPREAD REQUIREMENTS PURSUANT TO PARAGRAPH 8.02(1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("EXTENSION OF TIME")
(Unless otherwise defined, the definitions set out in the announcements dated 6 February 2018, 21 March 2018, 29 March 2018, 30 May 2018, 24 July 2018, 1 August 2018, 22 November 2018, 17 January 2019, 30 January 2019, 28 May 2019 and 8 July 2019 (“Announcements”) shall apply herein.)



We refer to the Company’s Announcements in relation to the non-compliance of the Required Public Spread pursuant to Paragraph 8.02(1) of the Listing Requirements and the Board of Directors of MCT wishes to announce that Bursa Securities had vide a letter dated 9 August 2019 granted the Company a further extension of time of six (6) months until 4 February 2020 to comply with the Required Public Spread.



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.

ayala will offer a price for privatisation very soon. fingers crossed :)


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.

another privatisation stock ... ayala land is cash rich conglomerate in the philippines

Philippines' Ayala Land now controls 72.3% of MCT
CORPORATE NEWS
Tuesday, 20 Feb 2018

4:38 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.

with current low price, probably Ayala Land will privatise it... also the public shareholdings spread was not complied till now...

Strong backup support from the Property Giant - Ayala Land

In April 2015, Ayala Land emerged in MCT Berhad via a private placement during IPO, six months later it bumped up its shareholdings in MCT to 32.95%.

In early January 2016, Ayala Land emerged as a major shareholder of MCT, buying the stake from MCT’s founders. This brought Ayala Land’s holdings to 50.19% and firmly indicated its control of the local property developer. As per MCT 2018 Annual Report, Ayala Land indirectly owns 66.25% of MCT Stake, which makes them the largest shareholder for MCT Berhad.

Ayala Land is part of the oldest conglomerate in the Philippines’ Ayala Corp with a rich history that can be traced back to the 1800s. It is the biggest property developer in the Philippines with market capitalisation of RM53.69bil. The value of approximately RM54bil also means that Ayala Land is even larger than top 10 property developer in Malaysia combined.

Tan Sri Barry Goh has resigned from his non-independent, non-executive directorship with the company.

With the strong ownership structure, it certainly assume an implicit support from the parental company in various aspects (financial and expertise).

kumpulan 6%+, river 5%+, hopefully these institutional funds will stop selling :)

Tony might consider share swap to privatise it with AirAsia shares. A lot of condemnation :)

:)

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

Give time to the new group CEO and also the new company level CEO to perform, etc. Only appointed this year :)

with airasia expanding internationally, more n more passengers using tunepro insurance, be patient... IPO price was RM1.55, now just about 55sen... believe it could maintain its more than 5% dividend yield... with its new CEO, believe that there is still hope :)


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%)

Friday, 22 Feb 2019

6:24PM TUNEPRO Financial year end net profit 52.918 million (increased 5.79%)

Thursday, 15 Nov 2018

6:26PM TUNEPRO Nine-month net profit 41.714 million (increased 2.33%)

Wednesday, 29 Aug 2018

6:07PM TUNEPRO 1H net profit 31.654 million (increased 17.96%)

IPO Info
Key Data:
General Retail Institutional
Offer Period
Opening 23/01/2013 - -
Closing 23/01/2013 View Remark - -
Price
Issue Price 1.55 View Remark - -
Par Value 0.100 - -
Units 751,759,980 - -
No of Shares
Public Issue up to 143,374,900 - -
Offer for Sale up to 66,850,000 View Remark - -
Private Placement up to 168,878,100 View Remark - -
Time Table
Allotment Date 20/02/2013 - -
Listing Date 20/02/2013 - -
Issuing House MIH 538 - -
ISIN Code MYL5230OO007 - -
Prospectus:
INITIAL PUBLIC OFFERING OF UP TO 210,224,900 ORDINARY SHARES OF RM0.10 EACH IN TUNE INS HOLDINGS BERHAD ("TIH") ("TIH SHARES") COMPRISING A PUBLIC ISSUE OF UP TO 143,374,900 NEW TIH SHARES ("PUBLIC ISSUE SHARES") AND AN OFFER FOR SALE OF UP TO 66,850,000 EXISTING TIH SHARES ("OFFER SHARES") COMPRISING:

(I) THE INSTITUTIONAL OFFERING OF UP TO 102,028,100 PUBLIC ISSUE SHARES AND UP TO 66,850,000 OFFER SHARES TO:

(A) MALAYSIAN INSTITUTIONAL AND SELECTED INVESTORS INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF FINANCE; AND

(B) FOREIGN INSTITUTIONAL AND SELECTED INVESTORS OUTSIDE THE UNITED STATES IN RELIANCE ON REGULATIONS UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED,

AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING; AND

(II) THE RETAIL OFFERING OF UP TO 41,346,800 PUBLIC ISSUE SHARES TO:

(A) MALAYSIAN CITIZENS, COMPANIES, CO-OPERATIVES, SOCIETIES AND INSTITUTIONS; AND

(B) THE ELIGIBLE DIRECTORS, EMPLOYEES AND PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF TIH AND ITS SUBSIDIARIES,

AT THE RETAIL PRICE OF RM1.55 PER PUBLIC ISSUE SHARE,

SUBJECT TO CLAWBACK AND REALLOCATION PROVISIONS AND OVER-ALLOTMENT OPTION AS DESCRIBED IN THIS PROSPECTUS.

THE RETAIL PRICE IS PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO A REFUND OF THE DIFFERENCE IN THE EVENT THAT THE FINAL RETAIL PRICE IS LESS THAN THE RETAIL PRICE.THE FINAL RETAIL PRICE WILL EQUAL THE INSTITUTIONAL PRICE, SUBJECT THAT IT WILL NOT EXCEED THE RETAIL PRICE.

at group level ,group ceo juga baru.... everything will not be the same.... :)

https://www.thestar.com.my/business/business-news/2019/01/15/tune-protect-appoints-khoo-ai-lin-as-group-ceo/

29-Apr-2019 27-May-2019 DIVIDEND Final Dividend RM 0.03 Dividend Detail
03-May-2018 30-May-2018 DIVIDEND Final Dividend RM 0.03


dividend yield 3/55 x 100= 5.4%+++


hopefully back to 5sen per share soon :) if 5sen/55sen x 100= 9%+

give him a bit of time to perform, etc :)



KUALA LUMPUR (May 8): William Foo has been appointed chief executive officer of Tune Insurance Malaysia Bhd effective today.

Tune Protect Group Bhd — the parent company of Tune Insurance — announced the appointment today in a filing with the bourse.

"The company is optimistic that with Foo on Board, it will accelerate its growth and transformation towards becoming a leading digital insurer.

"He brings with him more than 25 years of experience and solid track record, having served in a variety of roles in the general insurance industry."

Foo is an associate of the Malaysian Institute of Insurance, a senior associate CIP of Australian and New Zealand Institute of Insurance and Finance and a Registered Financial Planner. He graduated with a Bachelor of Management with Honours from Universiti Sains Malaysia.

https://www.klsescreener.com/v2/news/view/583752

吉隆坡4日讯）绿盛世（ECOWLD,8206,主板产业组）股价受高负债比和房市不景拖累，但马银行研究认为集团管理层中期将重点放在清除库存，以及兑换未入账销售来强化资产负债表，股票估值已经浮现。

马银行研究表示，市场盛传绿盛世放眼透过并购来降低负债，但公司管理层对此不愿置评。

“我们认为，绿盛世高达0.75倍的负债比可能抑制并购前景。不过，管理层中期焦点可能放在透过兑现未入账销售，以及提高现有城镇发展计划价值来强化资产负债表。”

截至2019年第三季，绿盛世竣工后库存升至5亿4000万令吉，而未入账销售则为43亿令吉。该公司在2019财政年首10个月已录得19亿令吉销售，占全年目标27亿令吉的72％。

至于市场盛传绿盛世和UEM阳光（UEMS,5148,主板产业组）并购计划，马银行已与双方会晤，但双方都拒绝就并购报道给予回应。

“我们预见绿盛世和UEM阳光整合带来的协同效益不大，相比之下，森产业（SIMEPROP,5288,主板产业组）将是更好的合作对象，主要是两者都有互补的特质。我们相信两强整合将创造国内最大，且拥有顶尖管理团队的产业公司。”

整体来看，马银行研究认为，投资者对绿盛世高负债比隐忧，已全面反映在股价上，现已浮现价值，因此上调投资评级至“买进”，目标价为80仙，较周四闭市价64仙高出26％。

~1/3 of the profit for the period=RM22mil+ , pay as dividend, share price will fly :)

Market Cap: 130 Million
NOSH: 764 Million

Say, pay 1sen per share, dividend=RM7.64mil. Div yield = 1/17 x 100 ~5.9%....

for the financial period ended 30.6.2019, profit for the period=RM22mil+

Higher dividend payout for this financial year is expected... recovering profitability speedily :)

Wednesday, 28 Aug 2019

5:30PM SIMEPROP 1H net profit 466.318 million (increased 287.70%)


Wednesday, 29 May 2019

6:12PM SIMEPROP 1Q net profit 274.322 million (increased 855.29%)

springhill in sremban suits aging population to downside or move away from the city centres, etc. also, springhill has a hospital set up by UCSI.

UCSI Hospital

UCSI is building Malaysia’s first private teaching hospital under the Economic Transformation Programme. Built in phases, the 1,000 bed hospital will turn Springhill into a vibrant hub of healthcare and learning.

The hospital is part of a huge project that involves the construction of a hotel and an international school that is already operational. Once completed, the hospital will also feature a lifestyle mall that will attract visitors to Springhill and open doors for medical tourism.

Lot No.8317, Bandar Springhill, Mukim Jimah, Daerah Port Dickson, Negeri Sembilan
http://ucsihospital.com/

Real Property Gains Tax (RPGT)

In Budget 2019, the government increased the real property gains tax (RPGT) rate for the disposal of property in the sixth year and subsequent years, from 5% to 10% for companies as well as non-citizens and non-permanent resident individuals; and from 0% to 5% for others.

This increase in the RPGT rate has not been positively received by genuine home owners whose intention is not to make a gain from capital appreciation, but instead to upsize or downsize their homes to best suit their needs, for example to finance children’s education or due to retirement plans.

Following feedback to the government, it is hoped that Budget 2020 will address this concern, perhaps through the introduction of a new category of RPGT where any disposal of property in the 10th year and subsequent years will be not be subject to RPGT.

Read more at https://www.thestar.com.my/business/business-news/2019/10/08/top-five-...

i guess EPF will continue to add, averaging its purchase cost over the years

on sept 12, after falling 2.5sen , it rebounded on the following few days... expecting the same also for the deep fall yesterday. coming few days, rebound again


Date Open Range Close Change Volume
08/10/2019 0.845 0.80 - 0.855 0.82 -0.02 (2.38%) 11,702,100
07/10/2019 0.845 0.835 - 0.85 0.84 -0.005 (0.59%) 5,732,600
04/10/2019 0.84 0.84 - 0.855 0.845 0.00 (0.00%) 4,861,000
03/10/2019 0.845 0.835 - 0.85 0.845 0.00 (0.00%) 2,111,200
02/10/2019 0.845 0.83 - 0.845 0.845 +0.005 (0.60%) 1,585,400
01/10/2019 0.835 0.83 - 0.845 0.84 0.00 (0.00%) 3,642,900
30/09/2019 0.84 0.825 - 0.84 0.84 -0.01 (1.18%) 7,838,000
27/09/2019 0.86 0.845 - 0.86 0.85 0.00 (0.00%) 3,091,600
26/09/2019 0.87 0.85 - 0.87 0.86 0.00 (0.00%) 7,710,500
25/09/2019 0.855 0.84 - 0.86 0.86 0.00 (0.00%) 6,237,300
24/09/2019 0.865 0.85 - 0.865 0.86 0.00 (0.00%) 5,200,500
23/09/2019 0.86 0.855 - 0.87 0.86 -0.005 (0.58%) 6,274,400
20/09/2019 0.87 0.855 - 0.875 0.865 -0.005 (0.57%) 8,159,500
19/09/2019 0.86 0.85 - 0.87 0.87 +0.01 (1.16%) 4,406,200
18/09/2019 0.865 0.845 - 0.865 0.86 +0.005 (0.58%) 2,779,900
17/09/2019 0.85 0.845 - 0.865 0.855 +0.015 (1.79%) 9,157,800
13/09/2019 0.83 0.83 - 0.85 0.84 +0.01 (1.20%) 4,919,900
12/09/2019 0.865 0.83 - 0.865 0.83 -0.025 (2.92%) 3,958,800
11/09/2019 0.845 0.84 - 0.86 0.855 +0.015 (1.79%) 4,823,100

i think , our aging population, downsizing is real for various purposes ... simep with its strong brand should capitalise on this segment also


This increase in the RPGT rate has not been positively received by genuine home owners whose intention is not to make a gain from capital appreciation, but instead to upsize or downsize their homes to best suit their needs, for example to finance children’s education or due to retirement plans.

Following feedback to the government, it is hoped that Budget 2020 will address this concern, perhaps through the introduction of a new category of RPGT where any disposal of property in the 10th year and subsequent years will be not be subject to RPGT.

after budget in nov, another boost


Real Property Gains Tax (RPGT)

In Budget 2019, the government increased the real property gains tax (RPGT) rate for the disposal of property in the sixth year and subsequent years, from 5% to 10% for companies as well as non-citizens and non-permanent resident individuals; and from 0% to 5% for others.

This increase in the RPGT rate has not been positively received by genuine home owners whose intention is not to make a gain from capital appreciation, but instead to upsize or downsize their homes to best suit their needs, for example to finance children’s education or due to retirement plans.

Following feedback to the government, it is hoped that Budget 2020 will address this concern, perhaps through the introduction of a new category of RPGT where any disposal of property in the 10th year and subsequent years will be not be subject to RPGT.

Read more at https://www.thestar.com.my/business/business-news/2019/10/08/top-five-tax-measures-expected-in-budget-2020#KP3Mm1Blq1ROwR3p.99

14% surprised positively mainly on better than-expected billings and/or project margins (SIMEPROP, SUNSURIA), :)


Out of 14 developers under our coverage; (i) 43% were below our earnings expectations compared to 36% in 1QCY19 (AMVERTON, LBS, MAGNA, MAHSING, MRCB and SPSETIA) mainly due to timing of billings, and weaker margins from inventory clearing efforts, (ii) 14% surprised positively mainly on better than-expected billings and/or project margins (SIMEPROP, SUNSURIA), and (iii) the rest were within to broadly within expectations. For those that missed expectations, we reduced our FY19E earnings by 11%-

Source: Kenanga Research - 3 Oct 2019

muiprop shares were involved.... for pan malaysia corp bhd to share profit? so, mui prop should declare dividend soon for this loss-making company to have +cash flow from dividend income :)

3891 MUIIND MALAYAN UNITED INDUSTRIES BHD
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)MALAYAN UNITED INDUSTRIES BERHAD (MUIB OR COMPANY)PROPOSED DISPOSAL BYMILLIONMART SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF METROJAYA BERHAD, WHICH IS INTURN A 98.21%-OWNED SUBSIDIARY OF MUIB, OF 11,200,000 ORDINARY SHARESREPRESENTING 1.51% OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL OF MUIPROPERTIES BERHAD TO JOMUDA SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF PAN MALAYSIACORPORATION BERHAD FOR A TOTAL CASH CONSIDERATION OF RM2,240,000You 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


23/04/2019 07:00 AM


Ref Code: 201904233000330

more off-market deals together with high open market volume coming? :)

Thursday, 29 Aug 2019

6:33PM MUIPROP Financial year end net profit 22.688 million (increased 253.23%)


Thursday, 30 May 2019

6:29PM MUIPROP Nine-month net profit 11.020 million (increased 139.98%)


Friday, 26 Apr 2019

6:37PM MUIPROP Redesignation of ANDREW KHOO BOO YEOW As Others

6:37PM MUIPROP Retirement of KHOO KAY PENG As Others


Thursday, 25 Apr 2019

6:38PM MUIPROP KKP HOLDINGS SDN BHD (22,400,000 units Transacted)

6:38PM MUIPROP KHOO KAY PENG (22,400,000 units Transacted)

6:38PM MUIPROP NORCROSS LIMITED (22,400,000 units Transacted)

6:38PM MUIPROP CHERUBIM INVESTMENT (HK) LIMITED (22,400,000 units Transacted)

6:38PM MUIPROP MALAYAN UNITED INDUSTRIES BERHAD (22,400,000 units Transacted)

6:38PM MUIPROP SOO LAY HOLDINGS SDN BHD (22,400,000 units Transacted)

6:38PM MUIPROP KHOO KAY PENG (22,400,000 units Transacted)


Tuesday, 12 Feb 2019

7:16PM MUIPROP 1H net profit 8.669 million (increased 573.06%)


Wednesday, 21 Nov 2018

6:28PM MUIPROP 1Q net profit 5.013 million (increased 942.20%)


Off-market deals
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
03/10/2019 00:00:00 0.1900 0.0200 518,700 1.466m 98,553 278,559 0.1900 0.0679 -
03/10/2019 00:00:00 0.1900 0.0200 947,400 1.466m 180,006 278,559 0.1900 0.1240 -
02/10/2019 00:00:00 0.1900 0.0200 10.500m 10.500m 1.995m 1.995m 0.1900 1.3742 -

support from institutional funds is continuously strong

Thursday, 3 Oct 2019

5:05PM SIMEPROP KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (300,000 units Disposed)

5:05PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (225,400 units Acquired)


Wednesday, 2 Oct 2019

6:25PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (19,000 units Acquired)


Monday, 30 Sep 2019

5:34PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (337,900 units Acquired)


Friday, 27 Sep 2019

5:03PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (158,700 units Acquired)


Thursday, 26 Sep 2019

6:16PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (572,400 units Acquired)


Wednesday, 25 Sep 2019

5:17PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (444,100 units Acquired)


Tuesday, 24 Sep 2019

5:06PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (330,000 units Acquired)


Monday, 23 Sep 2019

5:20PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (5,377,600 units Transacted)


Friday, 20 Sep 2019

5:09PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (550,000 units Acquired)


Wednesday, 18 Sep 2019

5:05PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (500,000 units Acquired)


Friday, 13 Sep 2019

5:26PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (145,000 units Acquired)


Thursday, 12 Sep 2019

5:12PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (243,000 units Acquired)


Wednesday, 11 Sep 2019

5:12PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (92,100 units Acquired)


Tuesday, 10 Sep 2019

5:03PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (202,700 units Acquired)


Friday, 6 Sep 2019

5:39PM SIMEPROP EMPLOYEES PROVIDENT FUND BOARD (2,000,000 units Disposed)


Thursday, 5 Sep 2019

5:24PM SIMEPROP KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (1,931,100 units Acquired)


Wednesday, 4 Sep 2019

6:40PM SIMEPROP KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (1,654,500 units Acquired)

6:39PM SIMEPROP KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (341,889,012 units Acquired)

this technical analysis forecast only becoming a reality in this month? :)

Sime Darby Property may rebound further after it tested MYR0.79 support in the recent session. The stock has formed a white candle and left an upside gap, this indicates a positive sign. A positive bias may emerge above the MYR0.825 level, with an exit set below the MYR0.79 threshold. Towards the upside, the immediate resistance is at the MYR0.91 level. This is followed by the MYR0.975 mark.

Source: RHB Securities Research - 30 Aug 2019

EPF continues to grab till exceeded 11% :)

[SIMEPROP] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD on 03-Oct-2019
Stock [SIMEPROP]: SIME DARBY PROPERTY BERHAD
Announcement Date 03-Oct-2019
Substantial Shareholder's Particular:
Name EMPLOYEES PROVIDENT FUND BOARD
Details of Changes:
Currency -
Date of Change Type Number of Shares
30-Sep-2019 Acquired 225,400
Registered Name Citigroup Nominees (Tempatan) Sdn Bhd - Employees Provident Fund Board
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Citigroup Nominees (Tempatan) Sdn Bhd Employees Provident Fund Board (Acquisition of 225,400 shares on 30 September 2019)
Total no of securities after change
Direct (units) 681,545,712
Direct (%) 10.02
Indirect (units) 71,021,798
Indirect (%) 1.04
Total (units) 752,567,510
Total (%) 11.06
Date of Notice 01-Oct-2019

hope to see more and more off-market deals :)

Friday, 27 Sep 2019

5:34PM TALAMT 1H net profit 30.532 million


Thursday, 27 Jun 2019

5:22PM TALAMT 1Q net profit 23.910 million


off-market deals
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
03/05/2019 00:00:00 0.0400 - 594,081 594,081 23,763 23,763 0.0400 0.0141 -
30/04/2019 00:00:00 0.0950 0.0500 400.000m 400.000m 38.000m 38.000m 0.0950 9.4780 -


expecting more articles on TalamT from Calvin soon :)

27-Jun-2019 TALAMT IS TRANSFORMING BY PAST WEALTH, PRESENT WEALTH & FUTURE WEALTH, Calvin Tan Research
01-Jun-2019 AMAZING TESTIMONY OF TALAM TRANSFORM BY TAN SRI DATUK CHAN AH CHYE (Calvin Comments)
01-Apr-2019 TOP REASONS WHY TALAMT OR TALAM TRANFORM IS A GREAT BUY AT 4.5 SEN NOW, Calvin Tan Research
22-Mar-2019 TALAM WILL BENEFIT FROM BUSINESS & INFRASTRUCTURE BOOM FROM ALL DIRECTIONS, Calvin Tan Research
20-Mar-2019 IMMINENT SIGNING OF ECRL IS THE TIME FOR BUYING TALAM TRANSFORM (2259) NOW, Calvin Tan Research

expecting Calvin to write more articles on Mui Prop soon :)

09-Apr-2019 ECRL PASSING SEREMBAN: WHY MUI PROPERTY (3913) WILL GO UP BY 100% TO 200%, Calvin Tan Research

08-Apr-2019 Muiprop, Muiind - Negeri sembilan ECRL, potential 100% gain

rising volume Oct 8 and 7.... exceed 10mil shares traded today, possible? :)


Recent Prices
Date Open Range Close Change Volume
08/10/2019 0.165 0.165 - 0.175 0.17 -0.005 (2.86%) 6,713,400
07/10/2019 0.165 0.165 - 0.175 0.175 +0.01 (6.06%) 3,623,800
04/10/2019 0.165 0.165 - 0.165 0.165 -0.005 (2.94%) 116,200
03/10/2019 0.165 0.165 - 0.17 0.17 0.00 (0.00%) 98,100
02/10/2019 0.165 0.165 - 0.17 0.17 0.00 (0.00%) 830,100
01/10/2019 0.17 0.165 - 0.17 0.17 0.00 (0.00%) 150,000
30/09/2019 0.165 0.165 - 0.17 0.17 +0.005 (3.03%) 520,800

Sime Darby Property - Strong Quarter
Date: 29/08/2019

Source : PUBLIC BANK
Stock : SIMEPROP Price Target : 1.30 | Price Call : BUY
Last Price : 0.82 | Upside/Downside : +0.48 (58.54%)

Back

Sime Darby Property (SDPR) delivered a better than expected 2QFY19 net profit of RM205.3m (+340.8% YoY, -22.6% QoQ) which was above our and consensus expectations. In 1H2019, the Group’s net profit of RM470.3m (+486.2% YoY) constituted 91% and 112% of our and consensus estimates. This was primarily due to higher-than-expected profit from sale of its Bukit Selarong land in Kedah (RM81.1m gain) and faster-than-expected billings from its main townships such as Bandar Ainsdale, Bandar Bukit Raja, City of Elmina, Nilai Impian/Utama and Bukit Jelutong. We adjust our FY19 by +17.6% to account for higher land sale gains and change of billing assumptions. Maintain our Outperform recommendation and RM1.30 TP, pegged at c.60% discount to our RNAV estimates given the prolonged headwinds facing the sector currently.

Property development division’s revenue jumped 146% YoY to RM176.8m due to higher sales and development activities achieved in its township developments. Most townships delivered higher revenue with exception of Serenia City Township.
On track to meet its RM2.3bn new property sales in FY19. We understand that the Group leveraged on the on-going Home Ownership Campaign (HOC) to strategically launch a total of 2,082 units with combined GDV of RM1.2bn. in 1H2019, the Group successfully sold RM1.4bn worth of properties. Unbilled sales are currently at RM1.5bn. We still believe that the Group would accelerate its property launches in the upcoming quarters to replenish its unbilled sales. Elsewhere, the Group will continue to monetize non-core land as part of its business and to optimize its vast landbank.
Source: PublicInvest Research - 29 Aug 2019

SIME DARBY PROPERTY'S SPOTLIGHT 8 CAMPAIGN HITS THE SPOT WITH RM1 BILLION IN SALES
One final weekend of Superdeals up for grabs, due to public demand

ARA DAMANSARA, 2 OCTOBER 2019 - Sime Darby Property has beat the odds of current property market conditions by achieving RM1 billion in sales from its Spotlight 8 campaign which ran from 13 July to 29 Sept, with 1,127 units sold.

The Spotlight 8 campaign offered attractive rebates for existing properties within established and emerging townships, and new products ranging from the property developer’s affordable collection to a co-created residential project, across eight locations in the Greater Klang Valley.

Buyers flocked to the eight locations namely Bandar Bukit Raja, City of Elmina, KL East, Subang Jaya, Serenia City, Putra Heights, Negeri Sembilan and Kajang, for a chance to grab the best deals offered throughout the campaign period.

Sime Darby Property Acting Group Chief Executive Office Dato’ Wan Hashimi Albakri Wan Ahmad Amin Jaffri said the support from homebuyers throughout the Spotlight 8 campaign has been overwhelming.

“Despite the current property market condition, we managed to pull in sales that exceeded our expectations. The numbers clearly show that there is a demand for freehold landed quality homes with an attractive price tag, at great locations that are easily accessible.”

“Our achievement is also possible with the supporting initiatives by the government like the Home Ownership Campaign and financing schemes. We are grateful for the government’s continuous support of the local property industry,” he said.

Over the twelve-week period, Sime Darby Property launched three new projects -Kyra and Laman Lakeside in Bandar Bukit Raja, and Serenia Arina, in Serenia City, Sepang, and offered a preview of Aurora, the first dto-based high-rise project in Subang Jaya City Centre.

The new projects received overwhelming response with Kyra, the second series in the Affordable Homes Collection, achieving 95% take up, while Laman Lakeside, the RM1.5 million semi-detached and lakeside homes in Bandar Bukit Raja, raked in 84% take up. The launch of Serenia Arina was a success with 91% take up, proving that there is a demand for property in the Klang Valley.

Sime Darby Property Chief Marketing and Sales Officer Gerard Yuen Yun Wei said the initial plan for Serenia Arina was to launch just 100 units but they were fully taken up within the weekend. Subsequently, an additional 75 units were open for sale.

“The Serenia City Gallery was a hive of activity days prior to the launch of Serenia Arina as eager homebuyers visited the gallery earlier in the week to be first in line. We had people who wanted to spend the night at the gallery. What was surprising to us was that our corner units were taken up faster than other lots and not just by buyers from the Klang Valley but from all over Malaysia. Tears were even shed because a buyer missed the chance to grab a corner unit in Serenia Arina.”

“We have seen positive momentum, especially for landed properties. The reception towards our products have been encouraging thus far and we will continue to review and improve our sales and marketing strategy to hit our target sales but on top of that, we will continue to launch products within the range aligned to market demand, and offer attractive prices for our quality homes at great locations,” he added.

As a way to say thank you for making Spotlight 8 such a success, Sime Darby Property is offering one final weekend of Superdeals on 5 – 6 October 2019.

Over 900 new homebuyers saved millions of Ringgit throughout the Weekend Superdeals from July until September 2019. This will be your last chance to grab the best deals for limited units at some great locations, especially for those who missed out on our Superdeals, New Launches, and Previews.

About Sime Darby Property Berhad

Sime Darby Property is Malaysia’s largest property developer in terms of land bank with 20,374 acres of remaining developable land. On the back of a successful 46-year track record of developing sustainable communities, Sime Darby Property has to date built 23 active townships/developments with a global reach that encompasses assets and operations across the Asia Pacific region and the United Kingdom. In the UK, as part of a Malaysian consortium, Sime Darby Property is the developer of the iconic Battersea Power Station project in central London.

Sime Darby Property is a multiple award-winning property group with numerous local and international accolades. It is the first Malaysian property developer to be awarded the International FIABCI Prix d’Excellence Awards twice for its Subang Jaya and UEP Subang Jaya townships. The company bagged its 9th consecutive Gold at the Putra Brand Awards 2018 and its 6th consecutive Top 10 Developers Awards at the BCI Asia 2015. Sime Darby Property has also been recognised as among the top developers in Malaysia in the annual The Edge Top Property Developers Awards, a recognition which the company consistently receives since 2009.

For more information, log on to www.simedarbyproperty.com

It is quite diversified geographically

LONDON, 1 October 2019 - The Prime Minister of Malaysia, YAB Tun Dr Mahathir bin Mohamad, visited Battersea Power Station in Central London, UK, on Sunday to witness the significant progress that is being made on this iconic regeneration project, which is owned by a consortium of Malaysian shareholders.

On YAB’s inaugural visit to Battersea Power Station, the Malaysian Prime Minister was greeted by Rick Ramli, Executive Vice President Property/Real Estate of Permodalan Nasional Berhad (PNB), Dato’ Ahmad Pardas Senin, Chairman of Battersea Project Holding Company, Datuk Wong Tuck Wai, Chairman of Battersea Power Station Development Company (BPSDC) and Simon Murphy, Chief Executive Officer of BPSDC. The Malaysian Foreign Minister, YB Dato' Saifuddin bin Abdullah and Malaysian High Commissioner, H.E. Datuk Mohamad Sadik Kethergany, were accompanying the Prime Minister on this visit.

As well as receiving an update on the wider development, the Prime Minister was given a tour of one of the apartments at Circus West Village, the first phase of the project to complete, which has a striking view of the restoration works being carried out on the Power Station itself.

The Battersea Power Station development is owned by S P Setia, Sime Darby Property and the Employees’ Provident Fund (EPF). The commercial assets within the Power Station building are now directly owned by PNB and EPF following an acquisition completed earlier this year representing one of the largest real estate transactions in the UK.

YAB Tun Dr Mahathir bin Mohamad, Prime Minister of Malaysia, at the end of the visit said, “Fantastic! For Malaysians to do this, it is something that we can all be proud of.”

Rick Ramli, Executive Vice President Property/Real Estate of Permodalan Nasional Berhad (PNB), said, “It was a privilege to welcome YAB to Battersea Power Station. The long-term view we are taking on this transformational project is further testament to London’s position as a global city and we are proud that we will play an integral part in a historic moment for both Malaysia and the UK when we open the restored building in 2021."

Progress on the transformation of Battersea Power Station continues at pace with the first apartments within the iconic building now completed. As well as over 250 new apartments, Battersea Power Station will also include half a million sq ft of office space, set to become Apple’s new London Campus, a further 40,000 sq ft of co-working space operated by No18, over 100 shops, a cinema and an 18,500 sq ft food hall. Work has also commenced on the Chimney Lift Experience, a glass elevator inside the North West Chimney that will take visitors up to a 150m high viewing platform to experience unparalleled views over London. Strong headway is also being made on Electric Boulevard, the third phase of the project which comprises buildings by Gehry Partners and Foster + Partners, forming their first-ever collaboration.

Dato' Ahmad Pardas Senin who is the Chairman of Battersea Project Holding Company, said, “We are honoured to welcome our very own prime minister and showcase the remarkable progress that is being made at Battersea Power Station. We are confident that projects such as Battersea Power Station help to underpin the credentials of Malaysia and Great Britain as global champions of free trade.”

Datuk Wong Tuck Wai, Chairman of BPSDC added, “It was a great opportunity to have been able to show YAB around Battersea Power Station which is being given a new lease of life thanks to the time and resources devoted to this iconic project by our consortium. We are incredibly proud of this ambitious venture and are determined to create a new benchmark and be the envy of the development world.”

The first phase, Circus West Village, is open and home to over 1,000 residents as well as a thriving community of restaurants, bars and cafes as well as a cinema, hair and beauty salon, theatre and spin studio. Over two million people have visited this new riverside destination in the last 12 months, as well as playing host to a number of different festivals over the summer, including the London Seafood Festival.

There is also a successful wide-ranging community engagement strategy in place that ensures that local people and the wider London community also benefit from this transformational project.

Stay updated on Sime Darby Property activities and developments at simedarbyproperty.com, Facebook (facebook.com/SimeDarbyProperty), Instagram (instagram.com/SimeDarbyProperty) and the Sime Darby Property Mobile App (available for download via the App Store and Google Play).

epf is accumulating non-stop.... Kwp selling a bit recently :)

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 02-Oct-2019 Disposed 300,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 30-Sep-2019 Acquired 225,400 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 27-Sep-2019 Acquired 19,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 25-Sep-2019 Acquired 337,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 24-Sep-2019 Acquired 158,700 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Sep-2019 Acquired 431,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Sep-2019 Acquired 141,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 20-Sep-2019 Acquired 444,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 19-Sep-2019 Acquired 330,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 18-Sep-2019 Acquired 377,600 0.000

close to 7mil shares traded today :) yesterday only 3.6mil shares only.... almost double


Recent Prices
Date Open Range Close Change Volume
07/10/2019 0.165 0.165 - 0.175 0.175 +0.01 (6.06%) 3,623,800
04/10/2019 0.165 0.165 - 0.165 0.165 -0.005 (2.94%) 116,200
03/10/2019 0.165 0.165 - 0.17 0.17 0.00 (0.00%) 98,100
02/10/2019 0.165 0.165 - 0.17 0.17 0.00 (0.00%) 830,100
01/10/2019 0.17 0.165 - 0.17 0.17 0.00 (0.00%) 150,000
30/09/2019 0.165 0.165 - 0.17 0.17 +0.005 (3.03%) 520,800
27/09/2019 0.165 0.165 - 0.165 0.165 -0.005 (2.94%) 152,900
26/09/2019 0.165 0.165 - 0.17 0.17 +0.005 (3.03%) 97,000
25/09/2019 0.165 0.16 - 0.17 0.165 0.00 (0.00%) 1,119,900
24/09/2019 0.17 0.165 - 0.17 0.165 -0.01 (5.71%) 1,383,700
23/09/2019 0.165 0.165 - 0.175 0.175 +0.015 (9.38%) 664,400
20/09/2019 0.165 0.16 - 0.165 0.16 -0.005 (3.03%) 359,000
19/09/2019 0.165 0.16 - 0.17 0.165 -0.005 (2.94%) 2,817,300
18/09/2019 0.17 0.16 - 0.17 0.17 0.00 (0.00%) 2,152,300
17/09/2019 0.165 0.165 - 0.17 0.17 +0.005 (3.03%) 199,200
13/09/2019 0.165 0.165 - 0.17 0.165 0.00 (0.00%) 83,800
12/09/2019 0.17 0.165 - 0.17 0.165 -0.005 (2.94%) 4,685,100
11/09/2019 0.165 0.165 - 0.17 0.17 +0.01 (6.25%) 3,411,800
10/09/2019 0.16 0.16 - 0.165 0.16 -0.005 (3.03%) 977,100

maybank online website, only4 bank client

dmksn @Victor Yong, where do you find those off-market deal info? Bloomberg?

High div yield , more than 6% based on current price

Subject Amount Ex Date
Interim Dividend 0.01 27/09/2019
Interim Dividend 0.01 27/03/2019
Second interim dividend 0.03 26/09/2018
Interim Dividend 0.02 12/04/2018

:)

Board: MAIN
Sector: Property
Avg Volume (4 weeks): 5,031,131
4 Weeks Range: 0.80 - 0.875
52 Weeks Range: 0.79 - 1.21
Average Price Target: 1.11
Price Target Upside/Downside: +0.30

Grab a bit...near bottom.

Date Close
07/10/2019 0.84
04/10/2019 0.845
03/10/2019 0.845
02/10/2019 0.845
01/10/2019 0.84
30/09/2019 0.84
27/09/2019 0.85
26/09/2019 0.86
25/09/2019 0.86
24/09/2019 0.86
23/09/2019 0.86
20/09/2019 0.865
19/09/2019 0.87
18/09/2019 0.86
17/09/2019 0.855
13/09/2019 0.84
12/09/2019 0.83
11/09/2019 0.855
10/09/2019 0.84

moving towards parity at 30sen for warrants vs 70sen for mother shares :)

some investors sell mother share to buy warrant to have greater exposure? :)

any power struggle in GP, who want to control the company? :)

913mil ordinary shares issued+, warrants 445mil+, those who holds a lot of warrants can control gp together with exisitng major shareholders also if all the warrants purchased are converted into ord shares later :)

investors or foreign companies or retailers buying the warrants? :)