KUALA LUMPUR: Bursa Malaysia kembali pulih daripada penyusutan selama dua hari apabila dibuka lebih tinggi hari ini dan menjejaki kenaikan ketara semalaman di Wall Street.
Pasaran saham Amerika Syarikat (AS) itu meningkat semula selepas data awal Keluaran Dalam Negara Kasar (KDNK) suku keempat 2022 mengembang 2.9 peratus tahun ke tahun dan lebih pantas biarpun dalam senario kenaikan kadar faedah yang agresif, kata peniaga.
Pada 9.05 pagi, indeks petunjuk utama FTSE Bursa Malaysia KLCI (FBM KLCI) menokok 1.05 mata kepada 1,499.44 daripada 1,498.39 yang dicatatkan semalam.
Indeks itu dibuka susut 1.58 mata kepada 1,499.97.
Di pasaran meluas, kaunter untung mengatasi rugi iaitu 213 berbanding 102 manakala 245 kaunter lain tidak berubah, 1,687 tidak diniagakan dan 49 lain digantung dagangannya.
Jumlah dagangan sebanyak 269.26 juta unit bernilai RM82.23 juta.
Sementara itu, Malacca Securities Sdn Bhd berkata, walaupun susut baru-baru ini, indeks utama itu dijangka menguji semula paras 1,500 dengan berasaskan petunjuk daripada sentimen semalaman Wall Street yang positif.
Menurutnya, saham-saham berharga rendah kekal kukuh di tengah-tengah minat belian ketara namun sebarang tindakan belian berlebihan dalam kebanyakan saham di Bursa Malaysia akan menarik aktiviti pengambilan untung di masa akan datang.
Di peringkat global, data ekonomi AS yang lebih kukuh daripada jangkaan berkemungkinan terus memberi sokongan bagi pemulihan selanjutnya di Wall Street.
Dari segi komoditi, firma pembrokeran itu berkata minyak mentah Brent pulih daripada penurunan sebelum ini apabila ditutup melepasi paras AS$87 setong berikutan penyusutan melebihi jangkaan dalam inventori gas asli.
Selain itu, harga minyak sawit mentah (MSM) juga meningkat sedikit dan menghampiri RM3,800 satu tan.
"Kami menjangkakan sektor tenaga akan menjadi tumpuan seiring dengan pemulihan harga minyak mentah. Sentimen positif semalaman di Nasdaq berkemungkinan menarik minat dagangan bagi sektor teknologi.
"Di samping itu, angka kukuh prestasi Capital A (yang diumumkan semalam) akan turut meningkatkan saham berkaitan penerbangan dan pelancongan," katanya.
Saham wajaran tinggi menyaksikan Maybank naik satu sen kepada RM8.79, Public Bank susut satu sen kepada RM4.27, Petronas Chemical turun empat sen kepada RM8.47, CIMB rugi dua sen kepada RM5.70 manakala Tenaga Nasional tidak berubah pada RM9.52.
Bagi saham aktif, MMAG naik setengah sen kepada 2.5 sen, ATA IMS dan Cypark masing-masing meraih 3.5 sen kepada 43 sen dan 99.5 sen manakala Tanco menambah satu sen kepada 36 sen.
Di papan indeks menyaksikan Indeks FBM Emas naik 11.73 mata kepada 10,892.65, Indeks FBMT 100 meraih 12.86 mata kepada 10,566.96 dan Indeks FBM Emas Syariah menokok 23.68 mata kepada 11,172.81.
Indeks FBM 70 menambah 40.22 mata kepada 13,719.69 manakala Indeks FBM ACE meraih 21.66 mata kepada 5,709.25.
Mengikut sektor, Indeks Produk dan Perkhidmatan Perindustrian naik 0.47 mata kepada 191.02, Indeks Tenaga menokok 3.82 mata kepada 874.46 dan Indeks Perladangan meraih 23.28 mata kepada 6,866.89 namun Indeks Perkhidmatan Kewangan menambah 19.23 mata kepada 16,484.56.
Overall house prices consolidated during the quarter under review, says Savills Malaysia associate director of research and consultancy Fong Kean Hwa when presenting The Edge | Savills Klang Valley High-Rise Residential Property Monitor for 3Q2022.
The average asking price in prime city sub-markets (KLCC, Bangsar, Mont’Kiara) continued to contract year on year (y-o-y), he notes. “However, the average capital values declined much faster, widening the price gap. This indicates that buyers have strong bargaining power and that the property market is under pressure.”
As for prime sub-markets in the suburbs (Bandar Sunway, Subang Jaya, Petaling Jaya), Fong says that their asking prices remained broadly stable and average capital values inched up slightly. “The price gap in most sub-markets remained lower, indicating a healthy demand-supply scenario.”
Based on the sales performance of new launches, Fong observes that first-time homebuyers still prefer new projects. “Most recent developments offer compact units ranging between 700 and 1,500 sq ft. Consequently, developers can keep selling prices competitive, targeting small families and young couples.”
He foresees ample supply coming into the market in the near future as construction activities pick up pace. “The high-end high-rise residential market saw a rapid completion of incoming supply, mainly due to total normalcy in terms of onsite activities and labour market improvements. Greater KL witnessed an almost equal amount of unit in-flow in 1H2022 as the entire year of 2021.”
Fong: The high-end high-rise residential market saw a rapid completion of incoming supply, mainly due to total normalcy in terms of onsite activities and labour market improvements (Photo by Savills) Based on NAPIC data, which captures primary and secondary transactions, Fong notes that the overall transaction volumes and values saw improvements y-o-y.
“Transaction volumes and values have been rising for all non-landed residential properties in Kuala Lumpur. The same trend was also observed in those priced above RM700,000 in 1H2022.
“In Selangor, however, transactions of high-end high-rise properties priced above RM700,000 saw a slight decline. Even though Selangor is experiencing high demand, it is mainly targeted towards mid-range properties priced between RM400,000 and RM700,000,” he says.
Meanwhile, market challenges remain with rising interest rates and inflation.
“While the current OPR [overnight policy rate] remains benign for those not overborrowing, rising interest rates will continue to reduce homebuyers’ borrowing capacity.
“It is anticipated that Bank Negara Malaysia will likely increase the OPR further in response to the interest rate hike by the [US Federal Reserve] to mitigate the further rise in inflation and the exchange rate pressure. Slower demand, impending supply and continued pressure on living costs will slow demand for housing,” he adds.
In terms of outlook, Fong expects the short-term property market to remain in a sideways trend, awaiting more incentives. “With minimal provisions for the real estate sector, we expect the property market to remain subdued for the rest of 2022.”
In Kuala Lumpur, the KLCC market was the worst hit due to the pandemic with the average capital values of its sampled 2-bedroom units declining by 4.3% y-o-y during the review quarter. “This is mainly because KLCC’s property market is highly dependent on the foreign market,” notes Fong. In contrast, psf values in Bangsar and Mont’Kiara remained stable at +0.1%.
Asking prices in Kuala Lumpur saw a mixed y-o-y performance. In KLCC, asking prices contracted by -3.4% whereas those in Bangsar and Mont’Kiara recorded a slight change of -0.4% and +0.3% respectively. The price gap between capital values and asking prices in Kuala Lumpur ranged between 7% and 10%.
In Selangor, the sampled 3-bedroom properties’ average capital psf value remained relatively stable with y-o-y changes of between -1.2% and +0.7%. Asking prices stayed relatively firm in Bandar Sunway and Petaling Jaya with less than a 1% difference y-o-y (at +0.4% and -0.2% respectively), whereas Subang Jaya witnessed a more noticeable change at -2.4% y-o-y.
The price gap between the capital values and asking prices ranged between 1% and 8% in Selangor’s sub-markets.
KLCC the worst-hit KL sub-market In KLCC, capital values averaged RM1,060 psf in 3Q2022, a decline of 4.3% y-o-y and 0.3% quarter on quarter (q-o-q).
Can MM2H buy property in Malaysia? All foreigners buying property in Malaysia are required to obtain approval from the State government, a process which can take up to six months. People living here under the Malaysia My Second Home programme (and other foreigners) can usually only buy properties priced over RM1,000,000 each, depending on the location. https://www.mm2h.com › buying-p... Buying Property - MM2H
KUALA LUMPUR (Jan 27): RHB Investment Bank Research has maintained its "neutral" call on the construction sector, after considering the risks in public infrastructure projects, but advocated that contractors focus on newer projects, such as data centres and industrial jobs.
In a research note on Friday (Jan 27), RHB stated that the new Budget 2023 could see a downward revision or reallocation of the previously budgeted RM95 billion development expenditure, while the sizeable Borneo block n the unity government will have positive implications for higher revised expenditure for Sarawak and Sabah.
“Consequently, we prefer contractors with limited exposure to government-related projects,” said RHB analyst Adam Mohamed Rahim.
“So far, as of Jan 20, the government has given preliminary approval for an additional allocation of RM1 billion to upgrade Sabah and Sarawak’s border infrastructure.”
“Notwithstanding this, we believe the bulk of the allocation may flow towards smaller-sized contractors that are not publicly listed.”
In terms of the total value of projects awarded in 2022, RHB stated that it increased 1% year-on-year (y-o-y) to RM134.5 million, with the value of government projects lower by 15% y-o-y at RM37.4 million, while private projects improved by 9% to RM97.1 million. The number of projects awarded also dropped by 16.5% y-o-y to 11,163 projects.
“This indicates a sluggish roll-out of government-related jobs that usually include infrastructure works. As at Jan 24, RM1.2 billion worth of private projects have been awarded so far in 2023, versus only RM200 million of government projects during the same period,” said Adam.
Nevertheless, the analyst stated that the industrial property segment remains resilient post Covid-19 pandemic, and China’s reopening could lead to an increase in foreign direct investments (FDI).
“The industrial property segment remains resilient post pandemic, with active industrial property transactions in 9M2022 (the cumulative first nine months of 2022).
“Malaysia saw RM15.3 billion worth of industrial properties — factories, warehouses, and manufacturing facilities — transacted in 9M2022 (9M2021: RM11.3 billion), representing a 35% y-o-y growth.
“Overall, China’s reopening could lead to an increase in FDI — particularly for the manufacturing sector. This is further facilitated by the fact that Malaysia is one of China’s export partners.”
RHB’s top picks for the sector include Kerjaya Prospek Group Bhd and Sunway Construction Group Bhd. Kerjaya Prospek is in a framework arrangement with Samsung C&T that is expected to enable the group to secure more industrial jobs, backed by its net cash pile.
“We gathered that Samsung C&T’s focus with Kerjaya Prospek will be more on the electrical and electronics segment, given the former’s past experience in completing the semiconductor fab complexes in Hwaseong and Giheung (both in South Korea), and Austin, Texas in the US.
“Therefore, we do not discount the possibility of Kerjaya Prospek venturing into more sophisticated infrastructure and building projects of higher value, in addition to industrial jobs under the framework agreement with Samsung C&T.
“Sunway Construction [on the other hand] is favoured for its aim to venture into local data centre construction jobs. These are usually dominated by private foreign contractors like Takenaka Corp.”
“Due to the aforementioned points, we continue to prefer Sunway Construction and Kerjaya Prospek as our top picks, given their low reliance on public infrastructure projects that are undergoing scrutiny, as the government prioritises managing the country’s fiscal position.”
Key risks in the construction of data centres include a potential labour shortage that could lead to the extension of projects with shorter timelines, and intensified competition from other contractors.
RHB has "buy" calls on Kerjaya Prospek (target price: RM1.44) and Sunway Construction (RM2.07).
KUALA LUMPUR (Jan 27): Revenue Group Bhd has confirmed that two of its directors have been arrested by the Malaysian Anti-Corruption Commission (MACC) over an alleged false claim relating to the purchase of thermal printing paper worth more than RM400,000.
“In response to the queries received by the company from its stakeholders, the company wishes to clarify that its business and operation are not affected by MACC's arrest over the two directors as they have been suspended from their executive function earlier on,” the e-payment solutions provider told Bursa Malaysia on Friday (Jan 27).
The group was responding to a report about the case in The Star newspaper on Thursday, which said three company directors — including two brothers in their 40s and 50s who are directors of a public listed company — had been arrested by the MACC.
The brothers are said to be suspected of conspiring with a woman in her 30s, who is a director of another firm. The duo allegedly conspired to make 16 payments to the woman, who had been making false claims since 2020, the news report quoted sources as saying.
Two directors of Revenue Group — Brian Ng Shih Chiow and his younger brother Dino Ng Shih Fang — were suspended earlier this month following complaints received against them.
Brian is the group’s largest shareholder with an 11.93% stake, followed by Dino with an 11.44% stake.
Meanwhile, Dino and a group of four unknown individuals are reported to have allegedly seized 30 boxes of documents belonging to the group without board clearance.
The group then filed a police report for illegal forcible entry and alleged theft. The group said it was considering engaging with two independent professional firms to conduct a special review on the matter.
Revenue Group’s share price was trading up one sen or 1.64% at 62 sen on Friday afternoon, valuing the group at RM298.96 million. The stock has fallen 59% over the past year.
KUALA LUMPUR (Jan 27): Revenue Group Bhd has confirmed that two of its directors have been arrested by the Malaysian Anti-Corruption Commission (MACC) over an alleged false claim relating to the purchase of thermal printing paper worth more than RM400,000.
“In response to the queries received by the company from its stakeholders, the company wishes to clarify that its business and operation are not affected by MACC's arrest over the two directors as they have been suspended from their executive function earlier on,” the e-payment solutions provider told Bursa Malaysia on Friday (Jan 27).
The group was responding to a report about the case in The Star newspaper on Thursday, which said three company directors — including two brothers in their 40s and 50s who are directors of a public listed company — had been arrested by the MACC.
The brothers are said to be suspected of conspiring with a woman in her 30s, who is a director of another firm. The duo allegedly conspired to make 16 payments to the woman, who had been making false claims since 2020, the news report quoted sources as saying.
Two directors of Revenue Group — Brian Ng Shih Chiow and his younger brother Dino Ng Shih Fang — were suspended earlier this month following complaints received against them.
Brian is the group’s largest shareholder with an 11.93% stake, followed by Dino with an 11.44% stake.
Meanwhile, Dino and a group of four unknown individuals are reported to have allegedly seized 30 boxes of documents belonging to the group without board clearance.
The group then filed a police report for illegal forcible entry and alleged theft. The group said it was considering engaging with two independent professional firms to conduct a special review on the matter.
Revenue Group’s share price was trading up one sen or 1.64% at 62 sen on Friday afternoon, valuing the group at RM298.96 million. The stock has fallen 59% over the past year.
According to the Malaysian Institute of Estate Agents (MIEA) in its annual Real Estate market sentiment survey 2022/2023, 58.3% of respondents believe that the property market will improve in 2023.
President Chan Ai Cheng says the improved sentiment is due to the fact that there is stability in the country.
KUALA LUMPUR (Jan 28): Bursa Malaysia is expected to stage a rebound next week, moving on an upside bias, following the resumption of normal trading activities after the Chinese New Year holiday-shortened trading week, dealers said.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said that during the week, the local bourse was stuck in consolidation mode, as sentiments were still cautious from the lack of buying catalysts, despite persistent buying by local institutions and retail investors.
“We noticed that buying activities had shifted to smaller-cap stocks, particularly in the construction, transportation and energy sectors.
“While providing cheaper valuations and buying opportunities for investors, the performance of the benchmark index remained lagging compared to regional peers," he told Bernama.
He said more investors are expected to return to the market after the festive holidays, with investors continuing to take money out of US equities to add to their exposure to international stock markets, betting on European and emerging markets.
Meanwhile, Hong Leong Investment Bank Bhd said that ahead of the Federal Open Market Committee’s decision and the upcoming fourth quarter of 2022 results season in February, coupled with a lack of strong local catalysts, the FBM KLCI is likely to drift sideways given the focus on lower liners and ACE Market counters.
“We believe market bulls will have the upper hand in retesting the 1,518 to 1,528 hurdles, as long as the benchmark index remains above the uptrend line and major 50-day and 200-day moving average support levels.
“Conversely, a decisive break below the 1,477 to 1,486 support levels would trigger a sell-off towards the 1,454 to 1,468 zones," it said in a note.
On a week-on-week basis, the key index eased 2.78 points to 1,497.55 on Friday (Jan 27), against 1,500.33 a week earlier.
On the index board, the FBM Emas Index rose 50.88 points to 10.893.36, the FBM Emas Shariah Index gained 83.93 points to 11,177.55, and the FBMT 100 Index added 30.13 points to 10,563.91.
Meanwhile, the FBM ACE Index increased 175.15 points to 5,731.23, and the FBM 70 Index advanced 253.19 points to 13,759.84.
Sector-wise, the Industrial Products and Services Index inched up 2.41 points to 190.77, the Energy Index bagged 34.95 points to 880.76, and the Technology Index improved 0.89 point to 68.29.
The Plantation Index trimmed 40.19 points to 6,841.23, and the Financial Services Index dropped 64.94 points to 16,470.
Weekly turnover fell to 11.21 billion units worth RM6.12 billion, against 14.28 billion units worth RM9.63 billion last week.
The Main Market volume shrank to 7.23 billion shares valued at RM4.95 billion, from 8.87 billion shares valued at RM7.42 billion a week ago.
Warrant volume slipped to 951.90 million units worth RM130.73 million, from 1.52 billion units worth RM294.96 million previously.
The ACE Market volume declined to 3.02 billion shares worth RM1.04 billion, from 3.88 billion shares worth RM1.91 billion last week.
Umur Dah dekat 70 tahun.. kalau didapati salah dan dipenjarakan, boleh mati dalam jel macam najib... Pandai kau , yap, cabut dahulu :)
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0177 PASUKGB PASUKHAS GROUP BERHAD Change in Audit Committee Date of Change: 31/12/2022 Type of Change: Cessation Designation: Others Directorate: Ind & N/Exec Name: YAP CHEE KEONG Age: 67 Country: Nationality: Malaysia Qualifications: Working Experience and Occupation: Directorship of public companies (if any): Family relationship with any director and/or major shareholder of the listed issuer: Details of any interest in the securities of the listed issuer or its subsidiaries: Composition of Audit Committee After Change: 1. Mr. Teoh Kim Hooi (Chairman) - Independent Non-Executive Director2. Mejar Dato' Ismail bin Ahmad (Member) - Independent Non-Executive Director3. Dato' Nik Ismail bin Dato' Nik Yusoff (Member) - Independent Non-Executive Director Remarks: The Audit Committee and Risk Management Committee (ARMC) are combined and known as Audit and Risk Management Committee. Following the resignation of Mr. Yap Chee Keong as Director of the Company and he has also ceased to be a member of the ARMC from the same date. Currently, the Company is in the process of identifying and selecting suitable candidates to fill this vacancy. You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
Tunggu pengarah2 lain letak jawatan satu per satu kerana dah kenyang dan makan gaji buta .. menjahanamkan pemegang2 syer lain..juga tunggu siasatan pihak berkuasa
Got many projects and contracts but still no moving.....why? management team get high salary and sleep? Contract value already higher than 2 cents...lol
Yalah, korup, dah dapat kontrak, tapi tak buat kerja pun ada, kan? :)
“Only the corrupt will oppose Nurul Izzah’s appointment as PM’s economics/finance advisor” By Jason Ong Khan Lee
savemalaysia Publish date: Mon, 30 Jan 2023, 05:37 PM
THAT Nurul Izzah Anwar started her role as senior economics and finance advisor to Prime Minister Datuk Seri Anwar Ibrahim on Jan 3 should be great news for all Malaysians alike. As such, only those who are corrupt would be opposed to her appointment.
Nurul Izzah’s appointment is also timely as our country faces an uphill battle to combat inflation and corruption amidst a backdrop of sluggish global economy. As the PM’s senior advisor, Nurul Izzah is a trustworthy person to carry out any responsibilities placed upon her by the PM to ensure that the country is stable and in good hands.
We should also be reminded that this is NOT a Pakatan Harapan (PH) government but a unity government that includes UMNO - a long-time rival of PH. Therefore, it is imperative that the PM has a trusted and empowered person from within PH to oversee things when the PM is unable to attend to them himself.
It is clear that the PM does not take advantage of his position to simply appoint people to positions nor does he simply burden the nation with additional and unnecessary expenses. Hence, the PM and Nurul Izzah do not receive salaries and allowances that come with the job description.
The principles and integrity of the Anwar family is one that the nation could put their trust in.
The members of PH and PKR can all attest to the abilities and capabilities of Nurul Izzah as a leader and friend to everyone. She is well-qualified and well-suited for the job and above all, she did not accept the position to get rich like all other politicians.
As a Reformasi Princess who went through all sorts of trials and tribulations including suffering a miscarriage recently while tirelessly seeking justice for her father and Malaysia, there is no other more qualified than her to hold the position of senior advisor to the PM.
For Nurul Izzah, integrity is her strongest suit. At a tumultuous time like this, she is exactly what our country needs to move forward and progress in a positive direction. What more, having a capable woman leader as Nurul Izzah in a conspicuous position bodes well for the nation.
Truly, her passion for reform can now be translated into action so that courageous and progressive changes can be made. All we need to do is give her a chance to serve the people and nation in a wider scope. - Jan 30, 2023
Jason Ong Khan Lee is the Kebun Bunga state assemblyman and PKR Bukit Bendera Division chairman in Penang.
The views expressed are solely of the author and do not necessarily reflect those of Focus Malaysia.
Live TV Tankers at port in Bremerhaven, GermanyTankers at port in Bremerhaven, Germany POLITICSGLOBAL ISSUES IMF says world not heading for 2023 recession 01/31/2023January 31, 2023 The International Monetary Fund has given a brighter outlook in its latest report than in October, predicting that inflation will slow. It said that European economies had shown more resilience than expected
Tunggu ia lancarkan jualan untuk yayasan veteran atm projek hartanah di pusat bandaraya kl Okey... Terbang balik 10-20sen dengan laju nanti.. bertahan je
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
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Posted by Good123 > 2023-01-27 08:42 | Report Abuse
Tunggu pelabur china / hongkong datang semula ... Baru projek yayasan atm dapat bergerak dan dilancarkan