Corporate Guide - Malaysia, May 2015

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M a l a y s i a C o r p o r a t e G u i d e May 2015

Refer to last page for important disclosures.

Market Outlook & Strategy FBMKLCI

REVIEW: The FBMKLCI trended higher in April, rising by as much 32pt, or 1.7%, to a high of 1,862.8, lifted by domestic liquidity as investor sentiment was buoyed by a steady uptrend in crude oil prices, China’s central bank policy easing and optimism that the Federal Reserve would hold rates for a while longer. However, sentiment slipped towards month-end, dragging the FBMKLCI to close the month at 1,818.27, -0.6% mom. Positively, the ringgit remained firm, gaining 3.8% against the US dollar to close at RM3.57/US$ on 30 April. During the month, and foreign investors turned net buyers of Malaysian equities, taking up RM1.8b in net buy trades, while retailers remained steadfast sellers.

STRATEGY: Ample domestic liquidity could ensure the FBMKLCI ends the year slightly above our target of 1,810, based on the historical mean PE of 14.7x. However, upside is capped by a host of domestic (economic and political) and external challenges. Most notably, the corporate earnings growth trend will continue to be uninspiring, notwithstanding perhaps a more respectable 1Q15 results season, thanks to the slight pre-GST demand uptick. All in, we remain defensive, preferring large caps such as IJM Corporation, Maybank and Tenaga Nasional (on weakness). We also like MMC Corporation and selected small-mid caps such as MRCB, SKP Resources, Sunsuria and Scientex. We also see buying opportunity for selected exporters, like JCY International, which have softened in tandem with the ringgit's recent strength.

Sector Apr/Mar (% chg) Weighting* Top Buys

Automobile (1.8) Underweight Aviation (6.7) Market Weight Banking (0.8) Market Weight Maybank Conglomerate 6.3 Overweight MMC Corp Construction 3.3 Overweight IJM Corp Consumer (0.4) Market Weight Guinness Anchor Exchange 1.9 Market Weight Gaming (0.9) Overweight Genting Bhd, Genting Malaysia Glove Manufacturing (0.8) Market Weight Top Glove Healthcare (0.0) Market Weight Manufacturing (1.9) Overweight SKP Resources Media 0.0 Overweight Astro Oil & Gas - Heavy Engineering 2.2 Underweight Oil & Gas - Offshore Asset Owners 10.9 Market Weight Perisai Petroleum Oil & Gas - Offshore Contractors 12.1 Overweight Bumi Armada, Deleum Oil & Gas - Shipping 7.8 Market Weight Plantation (2.9) Market Weight Property 0.3 Market Weight MRCB, Sunsuria REITs 2.8 Overweight Sunway REIT Telecommunications (3.4) Market Weight Utility 0.1 Overweight Tenaga Nasional FMBKLCI (0.7)

From 2 May 14 to 30 Apr 15

1,650

1,700

1,750

1,800

1,850

1,900

May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr

* Refers to business prospects & earnings growth of the sector for the next 12 months.

(RM) Mar Apr % chg (RM) Mar Apr % chg

Oriental Holding 6.72 7.81 16.2 Press Metal 3.31 2.83 (14.5) Bumi Armada 1.03 1.19 15.5 My Eg Services 2.79 2.53 (9.3) Syarikat Takaful 12.96 14.64 13.0 Malaysia Airports 7.00 6.45 (7.9) Dayang Enterprise 2.33 2.63 12.9 UEM Sunrise 1.38 1.29 (6.5) SapuraKencana 2.36 2.66 12.7 Shangri-La Hotel 6.80 6.36 (6.5) Cahya Mata Sarawak 4.50 5.07 12.7 Hartalega 8.67 8.16 (5.9) Westports 4.02 4.50 11.9 IOI Corp 4.59 4.34 (5.4) Aeon Co (M) Bhd 2.96 3.25 9.8 CIMB Group 6.22 5.90 (5.1) UEM Edgenta 3.30 3.62 9.7 Kulim Malaysia 2.74 2.60 (5.1) Sunway REIT 1.57 1.71 8.9 MBSB 2.19 2.08 (5.0)

* Top 100 companies by market capitalization.

SECTOR RATINGS & STOCK RECOMMENDATIONS

TOP GAINERS & LOSERS*

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Sector Performance Net Cash Total ------------------ PE ------------------ ----------- EPS Growth ----------- Net ------- Yield ------- Price/ (Debt) to Market Market 2014 2015F 2016F 2014 2015F 2016F Margin ROA ROE 2014 2015F NTA ps Equity Cap. Cap. (x) (x) (x) (%) (%) (%) (%) (%) (%) (%) (%) (x) (%) (%) (RMm)

AUTOMOBILE 15.7 13.1 12.6 (7.1) 19.8 4.0 4.4 4.2 10.2 0.8 3.8 1.9 (11.1) 1.2 12,431 AVIATION 28.6 16.2 15.9 (38.8) 76.5 2.1 8.1 2.9 8.0 1.6 1.3 1.2 (162.5) 1.6 16,972 BANKING 13.5 12.7 11.9 0.6 5.9 7.4 n.a. 1.1 13.6 3.6 4.0 2.0 n.a. 28.6 300,908 CONGLOMERATE 16.6 18.3 16.5 120.3 (9.4) 11.3 5.6 1.1 6.7 2.0 2.6 1.1 (288.6) 0.8 8,191 CONSTRUCTION 17.7 15.7 15.1 6.7 12.7 4.0 13.6 5.2 12.3 2.4 2.6 1.9 (53.1) 2.6 27,377 CONSUMER 24.4 22.6 21.7 5.5 7.7 4.4 13.2 28.9 66.1 3.7 3.9 10.1 (31.2) 4.8 50,014 EXCHANGE 23.5 24.2 23.5 14.5 (2.6) 2.9 39.3 11.7 25.4 6.2 3.7 6.9 50.8 0.4 4,665 GAMING 16.9 15.5 14.7 (4.3) 9.4 5.5 10.6 3.6 7.9 2.4 2.5 1.8 9.5 6.2 65,187 GLOVE MANUFACTURING 26.1 20.9 18.9 (10.1) 25.3 10.5 11.3 12.3 16.6 2.0 2.3 4.0 (10.5) 1.3 13,846 HEALTHCARE 34.8 31.6 29.2 29.6 9.9 8.2 5.3 4.5 11.7 1.2 1.3 4.1 (79.0) 0.4 4,414 MANUFACTURING 31.3 19.7 14.3 (1.2) 59.3 37.2 7.1 10.1 14.0 2.0 2.8 2.2 6.4 0.1 906 MEDIA 31.4 25.2 20.5 12.5 24.5 23.4 9.9 7.5 79.5 3.5 2.6 n.a. (329.0) 1.6 16,333 OIL & GAS - HEAVY ENGINEERING 29.3 29.0 24.6 (19.5) 1.1 18.0 6.6 4.4 8.5 0.7 0.6 2.4 6.8 1.0 10,139 OIL & GAS - OFFSHORE ASSET OWNERS 18.4 16.5 12.3 (24.8) 11.3 34.0 8.7 2.0 4.3 1.1 1.8 1.2 (63.1) 1.0 10,642 OIL & GAS - OFFSHORE CONTRACTORS 11.9 14.8 14.2 32.0 (19.8) 4.3 13.4 5.0 13.6 0.2 0.2 3.4 (134.2) 1.7 17,926 OIL & GAS - SHIPPING 22.4 21.0 19.1 15.1 6.7 10.0 23.7 5.4 8.4 1.6 1.4 1.4 (18.2) 3.9 40,844 PLANTATION 19.3 21.8 17.5 4.4 (11.5) 24.5 11.3 8.4 14.6 3.6 3.2 2.6 (24.6) 11.2 118,259 PROPERTY 17.9 13.8 12.1 7.3 29.9 14.2 13.7 4.6 10.1 2.6 2.9 1.2 (53.8) 3.1 32,962 REITs 17.1 18.1 17.1 24.1 (5.9) 6.1 81.7 6.9 9.6 4.8 5.3 1.2 (25.2) 3.0 31,835 TELECOMMUNICATIONS 25.9 24.1 21.7 (5.2) 7.8 11.0 15.3 8.7 20.6 4.2 3.9 12.4 (61.5) 17.5 184,350 UTILITY 15.0 12.3 11.8 11.5 22.3 3.9 14.6 6.2 16.0 4.3 6.0 1.8 (33.6) 8.0 84,471 OVERALL 17.6 16.4 15.0 2.3 7.2 9.3 20.1 2.3 13.2 3.2 3.3 2.4 (28.1) 100.0 1,053b

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Corporate Statistics Avg Daily Share Price Last Net Profit EPS PE DPS Yield Hist. Net No. of Market Book Price/ Net Cash/(Debt) to 52-Wk Price Turnover Company Ticker Rec 30 Apr 15 Year 2014 2015F 2016F 2014 2015F 2016F 2014 2015F 2016F 2014 2015F 2014 2015F CFPS Margin ROA ROE Shares Cap. NTA ps NTA ps Mkt Cap Equity High Low 52-Wk (RM) End (RMm) (RMm) (RMm) (sen) (sen) (sen) (x) (x) (x) (sen) (sen) (%) (%) (RM) (%) (%) (%) (m) (RMm) (RM) (x) (%) (%) (RM) (RM) ('000)

AUTOMOBILE

UMW Holdings UMWH MK SELL 10.64 12/14 791.5 A 948.3 986.3 67.7 81.2 84.4 15.7 13.1 12.6 9.0 40.0 0.8 3.8 0.89 4.4 4.2 10.2 1,168.3 12,430.6 5.61 1.9 (5.8) (11.1) 12.68 10.00 1,575

Sector 791.5 948.3 986.3 15.7 13.1 12.6 0.8 3.8 4.4 4.2 10.2 12,430.6 1.9 (5.8) (11.1)

AVIATION

AirAsia AIRA MK HOLD 2.27 12/14 501.6 A 889.0 858.9 18.0 31.9 30.9 12.6 7.1 7.4 4.0 2.0 1.8 0.9 0.36 7.0 2.2 7.4 2,783.0 6,317.4 1.86 1.2 (169.5) (217.0) 2.94 2.18 8,366

Malaysia Airports MAHB MK BUY 6.45 12/14 91.8 A 158.2 210.3 5.6 9.6 12.7 116.1 67.3 50.7 10.0 10.0 1.6 1.6 0.40 9.5 4.0 8.6 1,651.9 10,654.4 n.a. n.a. (43.7) (103.0) 8.18 5.96 1,318

Sector 593.4 1,047.2 1,069.2 28.6 16.2 15.9 1.6 1.3 8.1 2.9 8.0 16,971.8 1.2 (90.5) (162.5)

BANKING

Alliance Financial AFG MK HOLD 4.74 3/14 564.7 618.2 692.4 36.5 39.9 44.7 13.0 11.9 10.6 22.0 24.0 4.6 5.1 n.a. n.a. 1.2 13.8 1,548.1 7,338.0 2.56 1.8 n.a. n.a. 5.23 4.23 1,745

AMMB Holdings AMM MK SELL 6.49 3/14 1,555.8 1,556.6 1,598.0 51.6 51.6 53.0 12.6 12.6 12.2 21.0 22.0 3.2 3.4 n.a. n.a. 1.4 14.1 3,014.2 19,562.1 3.49 1.9 n.a. n.a. 7.35 5.97 3,737

CIMB Group CIMB MK SELL 5.90 12/14 3,106.8 A 4,131.3 4,563.8 36.6 48.7 53.8 16.1 12.1 11.0 15.0 19.0 2.5 3.2 n.a. n.a. 0.8 9.2 8,489.8 50,089.7 3.37 1.7 n.a. n.a. 7.42 5.05 7,650

Hong Leong Bank HLBK MK HOLD 14.08 6/14 2,102.3 A 2,120.3 2,171.6 116.9 117.9 120.7 12.0 11.9 11.7 41.0 41.0 2.9 2.9 n.a. n.a. 1.3 15.3 1,798.8 25,327.2 7.30 1.9 n.a. n.a. 14.96 13.70 747

Hong Leong Financial HLFG MK SELL 16.20 6/14 1,706.9 A 1,606.0 1,657.4 162.1 152.6 157.4 10.0 10.6 10.3 40.5 38.0 2.5 2.3 n.a. n.a. 1.0 18.0 1,052.8 17,054.8 8.87 1.8 n.a. n.a. 18.48 14.94 306

Maybank MAY MK BUY 9.21 12/14 6,716.5 A 6,913.7 7,507.2 72.0 74.2 80.5 12.8 12.4 11.4 54.0 58.0 5.9 6.3 n.a. n.a. 1.1 13.6 9,323.0 85,864.8 5.01 1.8 n.a. n.a. 10.20 8.25 8,719

Public Bank PBK MK HOLD 19.48 12/14 4,518.8 A 4,704.2 5,101.6 117.0 121.8 132.1 16.6 16.0 14.7 54.0 55.0 2.8 2.8 n.a. n.a. 1.4 18.7 3,861.5 75,221.9 6.72 2.9 n.a. n.a. 20.93 17.40 5,225

RHB Capital RHBC MK HOLD 7.90 12/14 2,038.0 A 1,964.7 2,080.6 78.7 75.9 80.4 10.0 10.4 9.8 6.0 23.0 0.8 2.9 n.a. n.a. 1.0 11.5 2,588.5 20,449.0 5.22 1.5 n.a. n.a. 9.70 7.05 1,318

Sector 22,309.8 23,615.0 25,372.6 13.5 12.7 11.9 3.6 4.0 n.a. 1.1 13.6 300,907.5 2.0 n.a. n.a.

CONGLOMERATE

MMC Corp MMC MK BUY 2.69 12/14 493.3 A 447.1 497.4 16.2 14.7 16.3 16.6 18.3 16.5 3.0 4.0 1.1 1.5 0.60 5.6 1.1 6.7 3,045.1 8,191.2 2.46 1.1 (258.9) (288.6) 2.87 2.16 1,685

Sector 493.3 447.1 497.4 16.6 18.3 16.5 2.0 2.6 5.6 1.1 6.7 8,191.2 1.1 (258.9) (288.6)

CONSTRUCTION

Gamuda GAM MK HOLD 5.23 7/14 712.3 A 745.3 743.1 30.1 31.5 31.4 17.4 16.6 16.6 12.0 13.5 2.3 2.6 0.32 15.5 7.7 13.9 2,364.5 12,366.2 2.32 2.3 (12.7) (30.3) 5.36 4.40 5,246

IJM Corp IJM MK BUY 7.33 3/14 577.5 773.6 858.5 40.6 49.3 52.6 18.1 14.9 13.9 14.8 16.5 2.0 2.3 0.56 13.8 4.9 13.4 1,779.5 13,043.6 3.90 1.9 (31.9) (67.3) 7.50 6.13 3,680

WCT Holdings WCTHG MK HOLD 1.83 12/14 120.5 A 133.7 152.0 10.7 11.6 12.9 17.1 15.8 14.2 10.0 10.0 5.5 5.5 0.12 7.3 2.1 5.4 1,075.0 1,967.2 2.04 0.9 (75.2) (66.8) 2.35 1.38 1,116

Sector 1,410.3 1,652.6 1,753.6 17.7 15.7 15.1 2.4 2.6 13.6 5.2 12.3 27,377.0 1.9 (26.3) (53.1)

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CONSUMER BAT ROTH MK HOLD 66.98 12/14 902.0 A 970.8 1,003.1 315.9 340.0 351.3 21.2 19.7 19.1 300.1 323.0 4.5 4.8 3.44 18.8 67.9 174.7 285.5 19,124.8 0.46 n.m. (1.3) (48.0) 74.40 60.56 171 Carlsberg CAB MK HOLD 13.40 12/14 211.6 A 217.1 228.5 68.8 70.6 74.3 19.5 19.0 18.0 65.8 71.0 4.9 5.3 0.77 13.3 34.4 70.7 307.6 4,122.1 1.08 12.4 0.9 11.7 14.48 10.36 135 Guinness Anchor GUIN MK BUY 14.60 6/14 198.1 A 216.2 224.9 65.6 71.6 74.4 22.3 20.4 19.6 68.4 62.3 4.7 4.3 0.76 12.3 27.5 54.9 302.1 4,410.6 1.05 13.8 (3.1) (37.7) 14.98 12.02 104 Nestle NESZ MK HOLD 74.10 12/14 550.4 A 590.0 623.5 234.7 251.6 265.9 31.6 29.5 27.9 235.0 237.0 3.2 3.2 2.83 11.4 25.1 69.1 234.5 17,376.5 3.84 19.3 (0.2) (4.6) 75.50 63.50 24 QL Resources QLG MK HOLD 3.99 3/14 191.7 217.5 229.6 15.4 17.4 18.4 26.0 22.9 21.7 3.7 4.2 0.9 1.1 0.19 6.5 7.5 14.7 1,248.0 4,979.6 1.10 3.6 (11.5) (52.7) 4.15 3.02 627 Sector 2,053.8 2,211.6 2,309.6 24.4 22.6 21.7 3.7 3.9 13.2 28.9 66.1 50,013.6 10.1 (1.9) (31.2)

EXCHANGE Bursa Malaysia BURSA MK HOLD 8.74 12/14 198.2 A 193.0 198.6 37.1 36.2 37.2 23.5 24.2 23.5 54.0 32.4 6.2 3.7 0.42 39.3 11.7 25.4 533.8 4,665.1 1.27 6.9 8.5 50.8 9.00 7.37 509 Sector 198.2 193.0 198.6 23.5 24.2 23.5 6.2 3.7 39.3 11.7 25.4 4,665.1 6.9 8.5 50.8

GAMING Berjaya Sports Toto BST MK HOLD 3.26 4/14 316.9 306.9 311.2 23.6 22.8 23.1 13.8 14.3 14.1 26.5 21.4 8.1 6.6 0.26 7.5 17.6 54.5 1,344.4 4,382.7 n.a. n.a. (4.3) (32.1) 3.91 3.22 866 Genting Bhd GENT MK BUY 8.75 12/14 2,043.2 A 2,249.8 2,391.5 55.0 60.5 64.3 15.9 14.5 13.6 11.6 16.5 1.3 1.9 0.98 9.9 2.5 6.9 3,717.9 32,531.9 5.76 1.5 11.8 14.7 10.22 8.14 2,171 Genting Malaysia GENM MK BUY 4.30 12/14 1,236.2 A 1,406.3 1,501.0 21.8 24.8 26.5 19.7 17.3 16.2 7.0 7.9 1.6 1.8 0.32 14.4 5.8 7.5 5,670.4 24,382.9 2.08 2.1 4.7 7.3 4.70 3.78 3,475 Magnum MAG MK HOLD 2.73 12/14 257.3 A 251.3 244.0 18.1 17.6 17.1 15.1 15.5 15.9 20.0 16.0 7.3 5.9 0.18 8.9 7.0 10.4 1,424.7 3,889.5 n.a. n.a. (13.6) (21.5) 3.13 2.56 564 Sector 3,853.6 4,214.3 4,447.7 16.9 15.5 14.7 2.4 2.5 10.6 3.6 7.9 65,187.0 1.8 6.6 9.5

GLOVE MANUFACTURING Hartalega HART MK SELL 8.16 3/15 209.7 A 275.5 300.9 26.1 34.3 37.5 31.2 23.8 21.8 16.0 19.0 2.0 2.3 0.32 18.3 16.3 19.0 802.9 6,552.0 1.55 5.2 1.0 5.8 8.69 5.72 407 Kossan Rubber KRI MK HOLD 6.00 12/14 139.9 A 185.8 207.5 21.9 29.1 32.4 27.4 20.7 18.5 7.9 10.2 1.3 1.7 0.31 11.1 12.0 19.0 639.5 3,836.8 1.25 4.8 (2.4) (12.0) 6.02 3.63 788 Top Glove TOPG MK BUY 5.60 8/14 180.1 A 202.5 224.9 29.2 32.8 36.4 19.2 17.1 15.4 16.0 16.3 2.9 2.9 0.44 7.9 9.7 13.2 617.4 3,457.5 2.31 2.4 (9.0) (22.9) 5.69 4.21 910 Sector 529.7 663.8 733.3 26.1 20.9 18.9 2.0 2.3 11.3 12.3 16.6 13,846.4 4.0 (2.4) (10.5)

HEALTHCARE KPJ Healthcare KPJ MK HOLD 4.26 12/14 127.0 A 139.6 151.0 12.3 13.5 14.6 34.8 31.6 29.2 4.9 5.4 1.2 1.3 0.24 5.3 4.5 11.7 1,036.1 4,413.8 1.03 4.1 (21.4) (79.0) 4.30 3.22 1,244 Sector 127.0 139.6 151.0 34.8 31.6 29.2 1.2 1.3 5.3 4.5 11.7 4,413.8 4.1 (21.4) (79.0)

MANUFACTURING SKP Resources SKP MK BUY 0.85 3/14 43.7 74.1 87.8 2.7 4.3 5.9 31.3 19.7 14.3 1.7 2.4 2.0 2.8 0.03 7.1 10.1 14.0 1,072.4 906.2 0.39 2.2 1.5 6.4 0.92 0.34 4,870 Sector 43.7 74.1 87.8 31.3 19.7 14.3 2.0 2.8 7.1 10.1 14.0 906.2 2.2 1.5 6.4

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MEDIA Astro ASTRO MK BUY 3.14 1/15 519.4 A 646.9 798.1 10.0 12.4 15.3 31.4 25.2 20.5 11.0 8.2 3.5 2.6 0.22 9.9 7.5 79.5 5,201.7 16,333.4 n.a. n.a. (13.2) (329.0) 3.70 2.83 2,945 Sector 519.4 646.9 798.1 31.4 25.2 20.5 3.5 2.6 9.9 7.5 79.5 16,333.4 n.a. (13.2) (329.0)

OIL & GAS - HEAVY ENGINEERING Dialog DLG MK BUY 1.62 6/14 215.9 A 240.7 279.1 4.3 4.8 5.5 37.9 34.0 29.3 2.0 1.9 1.2 1.2 0.05 8.5 7.1 14.8 5,053.7 8,187.0 0.32 5.0 (4.1) (23.0) 1.96 1.19 8,634 MMHE MMHE MK SELL 1.22 12/14 129.9 A 108.9 133.3 8.1 6.8 8.3 15.0 17.9 14.6 5.0 5.0 4.1 4.1 0.12 4.8 2.7 5.0 1,600.0 1,952.0 1.63 0.7 31.4 23.5 3.99 1.06 1,430 Sector 345.8 349.6 412.4 29.3 29.0 24.6 0.7 0.6 6.6 4.4 8.5 10,139.0 2.4 2.7 6.8

OIL & GAS - OFFSHORE ASSET OWNERS Bumi Armada BAB MK BUY 1.19 12/14 362.3 A 432.0 597.1 6.2 7.4 10.2 19.3 16.2 11.7 1.6 3.0 1.3 2.5 0.12 9.1 1.9 4.0 5,866.3 6,980.9 1.14 1.0 (41.4) (52.3) 2.46 0.98 10,553 Perisai Petroleum PPT MK BUY 0.55 12/14 13.7 A 53.0 99.1 1.1 4.4 8.3 47.9 12.4 6.6 0.0 0.0 0.0 0.0 0.05 11.2 0.7 1.3 1,192.7 656.0 0.98 0.6 (162.2) (102.6) 1.64 0.38 16,691 Yinson YNS MK HOLD 2.91 1/14 202.5 A 158.9 166.4 19.6 15.4 16.1 14.8 18.9 18.1 2.5 1.0 0.9 0.3 0.09 7.1 4.6 16.9 1,032.8 3,005.4 1.25 2.3 (14.5) (109.2) 3.51 2.30 1,779 Sector 578.5 643.9 862.6 18.4 16.5 12.3 1.1 1.8 8.7 2.0 4.3 10,642.3 1.2 (41.2) (63.1)

OIL & GAS - OFFSHORE CONTRACTORS Barakah Offshore Petroleum BARAKAH MK HOLD 0.90 12/14 80.3 A 93.8 101.3 10.3 12.0 13.0 8.7 7.5 6.9 0.0 0.0 0.0 0.0 0.13 8.5 13.0 30.6 780.5 702.5 0.55 1.6 (4.9) (13.2) 1.74 0.72 3,177 Deleum DLUM MK BUY 1.65 12/14 56.4 A 63.7 75.9 14.1 15.9 19.0 11.7 10.4 8.7 7.5 8.0 4.5 4.8 0.19 9.0 10.1 23.0 400.0 660.0 0.68 2.4 (12.2) (31.1) 2.55 1.46 457 SapuraKencana Petroleum SAKP MK HOLD 2.66 1/15 1,338.0 A 998.0 1,025.0 22.3 16.7 17.1 11.9 16.0 15.6 0.0 0.0 0.0 0.0 0.46 14.4 4.7 12.9 5,992.2 15,939.1 0.73 3.7 (98.4) (141.5) 4.51 2.02 15,406 Uzma UZMA MK BUY 2.32 12/14 36.8 A 56.7 62.6 13.7 21.1 23.2 17.0 11.0 10.0 3.8 0.0 1.6 0.0 0.16 7.8 9.8 19.3 269.4 624.9 0.58 4.0 (6.4) (20.8) 4.28 1.28 924 Sector 1,511.5 1,212.2 1,264.8 11.9 14.8 14.2 0.2 0.2 13.4 5.0 13.6 17,926.5 3.4 (88.4) (134.2)

OIL & GAS - SHIPPING MISC MISC MK HOLD 9.15 12/14 1,824.2 A 1,945.7 2,140.5 40.9 43.6 48.0 22.4 21.0 19.1 14.8 13.1 1.6 1.4 0.79 23.7 5.4 8.4 4,463.8 40,843.7 6.38 1.4 (11.7) (18.2) 9.39 6.01 2,569 Sector 1,824.2 1,945.7 2,140.5 22.4 21.0 19.1 1.6 1.4 23.7 5.4 8.4 40,843.7 1.4 (11.7) (18.2)

PLANTATION Genting Plantations GENP MK HOLD 9.91 12/13 381.0 A 365.7 440.4 49.4 47.4 57.1 20.1 20.9 17.4 10.0 9.6 1.0 1.0 0.59 23.0 7.2 10.3 771.4 7,644.2 4.85 2.0 0.6 1.3 11.75 8.97 393 IJM Plantations IJMP MK SELL 3.58 3/14 116.7 133.9 140.5 13.1 13.9 15.9 27.3 25.8 22.5 7.0 7.0 2.0 2.0 0.14 13.7 4.1 6.4 880.6 3,152.5 1.81 2.0 (6.6) (14.9) 4.03 3.12 415 IOI Corp* IOI MK HOLD 4.34 6/14 1,491.1 A 1,232.6 1,640.0 23.4 19.4 25.8 18.5 22.4 16.8 20.0 11.6 4.6 2.7 0.57 28.3 14.4 25.7 6,362.0 27,611.1 0.79 5.5 (16.6) (34.8) 5.36 4.34 5,049 Kuala Lumpur Kepong KLK MK SELL 22.14 9/14 991.7 A 1,134.2 1,220.1 93.1 106.5 114.6 23.8 20.8 19.3 55.0 63.0 2.5 2.8 1.20 8.9 8.1 13.0 1,065.0 23,578.3 7.48 3.0 (7.0) (21.5) 25.14 19.60 560 Sime Darby SIME MK HOLD 9.06 6/14 3,135.8 A 2,558.9 3,301.4 50.5 41.2 53.2 17.9 22.0 17.0 36.0 36.0 4.0 4.0 0.68 6.9 6.1 10.8 6,211.2 56,273.1 4.26 2.1 (12.1) (24.5) 9.80 8.78 5,249 Sector 6,116.3 5,425.3 6,742.4 19.3 21.8 17.5 3.6 3.2 11.3 8.4 14.6 118,259.3 2.6 (11.2) (24.6)

6




PROPERTY Eco World ECW MK HOLD 1.82 10/14 7.2 A 49.5 142.2 0.4 2.5 7.2 498.0 72.4 25.2 0.0 0.0 0.0 0.0 0.00 4.8 1.2 2.2 1,970.2 3,585.8 1.29 1.4 (5.5) (61.2) 2.25 1.54 1,002 Mah Sing MSGB MK HOLD 2.11 12/14 340.7 A 405.1 438.0 17.7 21.1 22.8 11.9 10.0 9.3 6.5 10.4 3.1 4.9 0.18 11.7 6.9 16.1 1,920.5 4,052.2 1.18 1.8 (12.8) (24.6) 2.38 1.85 1,411 MRCB MRC MK BUY 1.32 12/14 60.0 A 107.1 149.3 3.4 6.0 8.4 39.3 22.0 15.8 0.0 1.0 0.0 0.8 0.11 9.0 2.2 8.8 1,786.6 2,358.3 0.96 1.4 (128.2) (195.7) 1.79 1.05 1,694 SP Setia SPSB MK HOLD 3.41 10/14 405.8 A 591.8 748.1 16.0 23.3 29.4 21.4 14.6 11.6 14.0 14.0 4.1 4.1 0.17 10.6 3.2 7.2 2,542.2 8,669.0 2.37 1.4 (45.4) (69.5) 3.65 2.89 1,152 Sunsuria SSR MK BUY 1.98 3/14 3.1 A 4.7 11.2 2.0 3.0 7.1 101.1 66.7 28.0 0.0 0.0 0.0 0.0 0.03 10.1 4.4 4.5 158.4 313.6 0.57 3.5 8.3 32.8 2.10 1.24 307 Sunway Bhd SWB MK BUY 3.79 12/14 637.3 A 600.2 609.8 31.7 25.3 26.8 12.0 15.0 14.1 10.0 10.0 2.6 2.6 0.48 15.4 6.2 13.2 1,735.3 6,576.9 3.24 1.2 (27.5) (32.0) 3.93 2.98 1,301 Tropicana Corp TRCB MK HOLD 1.09 12/14 145.2 A 171.0 187.2 14.7 12.7 6.6 7.4 8.6 16.5 4.0 4.0 3.7 3.7 0.25 16.9 5.3 12.1 1,424.6 1,552.8 2.00 0.5 (127.9) (72.2) 1.64 0.95 1,362 UEM Sunrise UEMS MK HOLD 1.29 12/14 239.8 A 459.2 441.3 5.3 10.1 9.7 24.4 12.7 13.3 3.0 3.0 2.3 2.3 0.11 18.0 4.6 7.8 4,537.4 5,853.3 1.26 1.0 (27.7) (26.2) 2.31 1.23 2,636 Sector 1,839.1 2,388.6 2,727.1 17.9 13.8 12.1 2.6 2.9 13.7 4.6 10.1 32,961.9 1.2 (39.6) (53.8)

REITs Axis REIT AXRB MK HOLD 3.62 12/14 84.5 A 107.7 110.8 15.4 19.7 20.2 23.5 18.4 17.9 18.1 20.2 5.0 5.6 0.20 79.6 6.0 9.4 547.8 1,982.9 2.45 1.5 (32.7) (55.0) 3.73 3.22 404 CapitalMalls Malaysia Trust CMMT MK HOLD 1.49 12/14 149.7 A 165.0 182.2 8.4 9.3 10.2 17.7 16.1 14.5 8.9 9.9 6.0 6.6 0.13 74.9 7.1 10.5 1,779.0 2,650.7 1.24 1.2 (29.6) (35.0) 1.66 1.34 1,285 IGB REIT IGBREIT MK HOLD 1.37 12/14 232.6 A 239.8 257.1 6.7 6.9 7.4 20.3 19.7 18.4 7.8 7.5 5.7 5.5 0.09 68.8 6.2 8.8 3,453.2 4,730.9 1.08 1.3 (22.1) (28.9) 1.38 1.17 1,450 KLCC Property KLCCSS MK HOLD 7.06 12/14 949.5 A 747.7 765.6 52.6 41.4 42.4 13.4 17.0 16.6 33.6 38.3 4.8 5.4 0.52 69.3 5.7 7.9 1,805.3 12,745.7 6.67 1.1 (11.1) (11.9) 7.37 6.22 413 Pavilion REIT PREIT MK HOLD 1.56 12/14 218.0 A 242.9 249.9 7.2 8.1 8.3 21.6 19.4 18.8 7.4 8.4 4.7 5.4 0.17 127.0 11.3 13.9 3,015.9 4,704.9 1.24 1.3 (14.7) (18.9) 1.63 1.32 812 Sunway REIT SREIT MK BUY 1.71 6/14 232.0 A 253.0 297.1 7.9 8.6 10.1 21.6 19.8 16.9 8.0 8.7 4.7 5.1 0.14 98.6 7.6 11.4 2,935.6 5,019.8 1.23 1.4 (40.1) (55.9) 1.73 1.34 1,763 Sector 1,866.3 1,756.1 1,862.7 17.1 18.1 17.1 4.8 5.3 81.7 6.9 9.6 31,834.8 1.2 (20.7) (25.2)

TELECOMMUNICATIONS Axiata Axiata MK HOLD 6.74 12/14 2,239.0 A 2,573.3 2,951.5 26.0 29.9 34.3 25.9 22.5 19.6 22.0 25.6 3.3 3.8 0.66 12.6 6.5 11.6 8,599.1 57,957.8 0.92 7.3 (15.1) (43.5) 7.29 6.60 9,471 DiGi.Com DIGI MK HOLD 6.01 12/14 2,026.1 A 2,109.0 2,224.0 26.1 27.1 28.6 23.1 22.2 21.0 26.0 27.0 4.3 4.5 0.36 28.9 50.4 301.5 7,775.0 46,727.8 n.a. n.a. (1.5) (102.5) 6.65 5.33 8,848 Maxis Maxis MK HOLD 6.94 12/14 1,903.0 A 1,969.8 2,090.4 25.3 26.2 27.8 27.4 26.5 24.9 40.0 26.7 5.8 3.8 0.39 20.5 9.7 32.1 7,507.7 52,103.7 n.a. n.a. (14.8) (144.2) 7.30 6.21 4,061 Telekom Malaysia T MK SELL 7.41 12/14 941.2 A 1,008.8 1,238.1 25.3 27.1 33.3 29.3 27.3 22.3 22.9 24.1 3.1 3.3 0.92 7.4 3.8 11.3 3,719.4 27,560.5 1.88 3.9 (12.6) (47.1) 7.79 6.05 6,371 Sector 7,109.3 7,660.9 8,504.0 25.9 24.1 21.7 4.2 3.9 15.3 8.7 20.6 184,349.8 12.4 (11.2) (61.5)

UTILITY Gas Malaysia GMB MK SELL 2.67 12/14 182.3 A 142.9 130.9 14.2 11.1 10.2 18.8 24.0 26.2 9.0 9.0 3.4 3.4 0.17 6.0 10.2 16.6 1,284.0 3,428.3 0.79 3.4 10.5 35.7 3.65 2.44 693 Tenaga Nasional TNB MK BUY 14.36 8/14 5,431.7 A 6,721.0 6,998.8 96.2 119.1 124.0 14.9 12.1 11.6 29.0 41.4 2.0 2.9 2.01 15.1 6.1 16.0 5,643.6 81,042.3 8.28 1.7 (17.6) (35.3) 16.96 11.64 9,706 Sector 5,614.0 6,863.9 7,129.7 15.0 12.3 11.8 4.3 6.0 14.6 6.2 16.0 84,470.5 1.8 (16.5) (33.6) OVERALL 59.7b 64.1b 70.1b 17.6 16.4 15.0 3.2 3.3 20.1 2.3 13.2 1,052.7b 2.4 (13.0) (28.1)

Note: If year end is before June, earnings are shown in the previous period. * IOI Corporation: Earnings adjusted for demerger exercise

7



Economics 2013 2014 2015F 2016F 2Q14 3Q14 4Q14 1Q15 Dec 14 Jan 15 Feb 15 Mar 15

GDP by Sector (Real) (yoy % chg) GDP 4.7 6.0 4.7 5.3 6.5 5.6 5.8 n.a. n.a. n.a. n.a. n.a. Agriculture 2.1 2.6 0.9 2.8 7.1 4.0 (2.8) n.a. n.a. n.a. n.a. n.a. Mining & Quarrying 0.7 3.1 (2.1) (1.5) 2.1 1.4 9.6 n.a. n.a. n.a. n.a. n.a. Manufacturing 3.5 6.2 4.5 4.9 7.3 5.4 5.2 n.a. n.a. n.a. n.a. n.a. Construction 10.9 11.6 8.7 8.6 9.9 9.7 8.7 n.a. n.a. n.a. n.a. n.a. Services 5.9 6.3 6.0 6.3 6.2 6.2 6.4 n.a. n.a. n.a. n.a. n.a.

Utilities 4.1 3.5 4.0 4.0 2.7 4.4 3.7 n.a. n.a. n.a. n.a. n.a. Transport & Communications 7.4 7.6 7.9 7.7 7.3 7.5 8.0 n.a. n.a. n.a. n.a. n.a. Commerce 6.3 8.4 7.6 7.7 8.6 7.8 9.0 n.a. n.a. n.a. n.a. n.a. Finance & Business Services 3.9 4.2 4.5 5.3 3.3 4.3 4.3 n.a. n.a. n.a. n.a. n.a. Government Services 8.3 6.5 5.3 6.2 7.3 6.2 4.8 n.a. n.a. n.a. n.a. n.a. Other Services 5.1 4.9 5.5 5.5 4.5 5.0 5.2 n.a. n.a. n.a. n.a. n.a.

External Trade Exports of Goods (yoy % chg) 2.5 6.4 3.0 4.7 14.4 1.5 0.5 n.a. 2.7 (0.6) (9.7) n.a. Imports of Goods (yoy % chg) 6.9 5.3 4.0 4.5 8.5 2.6 4.6 n.a. 4.1 (5.2) 0.4 n.a. Trade Balance (RMb) 71.3 83.1 78.6 82.0 18.5 16.8 21.5 n.a. 9.2 9.0 4.5 n.a. Current Account Balance (RMb) 39.9 49.5 37.0 42.0 16.0 7.6 6.1 n.a. n.a. n.a. n.a. n.a. Monetary Data (end of period) Loans (yoy % chg) 11.2 9.6 9.0 9.0 9.5 9.2 9.6 9.5 9.6 8.9 9.0 9.5 M1 Growth (yoy % chg) 13.0 5.7 5.5 6.0 10.2 6.7 5.7 10.2 5.7 4.3 7.8 10.2 M2 Growth (yoy % chg) 8.4 7.5 7.0 7.5 5.6 5.4 7.5 8.5 7.5 6.8 7.5 8.5 Overnight Policy Rate (%) 3.00 3.25 3.25 3.25 3.00 3.25 3.25 3.25 3.25 3.25 3.25 3.25 3-month Interbank Rate (%) 3.32 3.86 3.85 3.85 3.55 3.74 3.86 3.73 3.86 3.85 3.79 3.73 Base Lending Rate (%) 6.60 6.85 6.85 6.85 6.60 6.85 6.85 6.85 6.85 6.85 6.85 6.85 Exchange Rates (RM/US$) 3.28 3.50 3.80 3.65 3.21 3.28 3.50 3.70 3.50 3.63 3.61 3.70 Foreign Reserves (RMb) 441.9 405.4 420.0 445.0 423.6 416.9 405.4 389.7 405.4 386.5 386.0 389.7 Other Macro Variables (yoy % chg) Industrial Production Index 3.4 5.1 4.2 4.8 5.9 4.1 5.8 n.a 7.4 7.0 5.1 n.a. Inflation 2.1 3.1 2.1 2.6 3.3 3.0 2.8 0.7 2.7 1.0 0.1 0.9

Source: CEIC, UOB Economic-Treasury Research

8



Ranking By Market Parameters Highest PE (x) Forward Highest P/NTA (x) Historical Highest Dividend Yield (%) Historical Highest 90 days Volatility (%) Highest Market Cap (RMm)

Eco World 72.4 Nestle 19.3 CapitalMalls Malaysia Trust 6.6 Perisai Petroleum 64.0 Maybank 85,865

Malaysia Airports 67.3 Guinness Anchor 13.8 Berjaya Sports Toto 6.6 Uzma 62.1 Tenaga Nasional 81,042

Sunsuria 66.7 Carlsberg 12.4 Maybank 6.3 MMHE 50.7 Public Bank 75,222

Dialog 34.0 Axiata 7.3 Magnum 5.9 Barakah Offshore Petroleum 50.3 Axiata 57,958

KPJ Healthcare 31.6 Bursa Malaysia 6.9 Axis REIT 5.6 SapuraKencana Petroleum 42.2 Sime Darby 56,273

Nestle 29.5 IOI Corp 5.5 IGB REIT 5.5 SKP Resources 41.5 Maxis 52,104

Telekom Malaysia 27.3 Hartalega 5.2 WCT Holdings 5.5 Bumi Armada 41.4 CIMB Group 50,090

Maxis 26.5 Dialog 5.0 KLCC Property 5.4 Tropicana Corp 38.8 DiGi 46,728

IJM Plantations 25.8 Kossan Rubber 4.8 Pavilion REIT 5.4 MRCB 37.7 MISC 40,844

Astro 25.2 KPJ Healthcare 4.1 Carlsberg 5.3 IJM Plantations 37.1 Genting Bhd 32,532

Lowest PE (x) Forward Lowest P/NTA (x) Historical Lowest Dividend Yield (%) Historical Lowest 90 days Volatility (%) Lowest Market Cap (RMm)

AirAsia 7.1 Tropicana Corp 0.5 SapuraKencana Petroleum 0.0 Nestle 8.6 Sunsuria 314

Barakah Offshore Petroleum 7.5 Perisai Petroleum 0.6 Barakah Offshore Petroleum 0.0 Axiata 9.5 Uzma 625

Tropicana Corp 8.6 MMHE 0.7 Uzma 0.0 Hong Leong Bank 11.8 Perisai Petroleum 656

Mah Sing 10.0 WCT Holdings 0.9 Perisai Petroleum 0.0 Gamuda 12.2 Deleum 660

Deleum 10.4 UEM Sunrise 1.0 Sunsuria 0.0 Public Bank 12.3 Barakah Offshore Petroleum 702

RHB Capital 10.4 Bumi Armada 1.0 Eco World 0.0 Maxis 12.4 SKP Resources 906

Hong Leong Financial 10.6 KLCC Property 1.1 Yinson 0.3 DiGi 13.4 Tropicana Corp 1,553

Uzma 11.0 MMC Corp 1.1 MRCB 0.8 IJM Corp 13.4 MMHE 1,952

Alliance Financial 11.9 Sunway Bhd 1.2 AirAsia 0.9 Alliance Financial 13.6 WCT Holdings 1,967

Hong Leong Bank 11.9 CapitalMalls Malaysia Trust 1.2 Genting Plantations 1.0 AMMB Holdings 13.8 Axis REIT 1,983

9



Share Price (RM) -------------- % Change -------------- Company 31 Mar 15 30 Apr 15 mom yoy ytd

AUTOMOBILE UMW Holdings 10.84 10.64 (1.8) (1.1) (2.9) Sector (1.8) (1.1) (2.9)

AVIATION AirAsia 2.38 2.27 (4.6) 2.3 (16.5) Malaysia Airports 7.00 6.45 (7.9) (15.4) 0.3 Sector (6.7) (8.5) (7.1)

BANKING Alliance Financial 4.79 4.74 (1.0) 5.8 0.9 AMMB Holdings 6.36 6.49 2.0 (9.6) (1.7) CIMB Group 6.22 5.90 (5.1) (21.4) 6.1 Hong Leong Financial 16.96 16.20 (4.5) 5.9 (1.9) Hong Leong Bank 14.26 14.08 (1.3) 0.6 0.7 Maybank 9.33 9.21 (1.3) (7.0) 0.4 Public Bank 18.88 19.48 3.2 (0.2) 6.4 RHB Capital 7.92 7.90 (0.3) (4.7) 3.7 Sector (0.8) (6.8) 2.8

CONGLOMERATE MMC Corp 2.53 2.69 6.3 (3.9) 12.6 Sector 6.3 (3.9) 12.6

CONSTRUCTION Gamuda 5.10 5.23 2.5 13.4 4.4 IJM Corp 7.20 7.33 1.8 14.9 11.6 WCT Holdings 1.54 1.83 18.8 (17.9) 15.1 Sector 3.3 10.6 8.1


CONSUMER BAT 68.66 66.98 (2.4) 9.4 2.9 Carlsberg 13.58 13.40 (1.3) 6.7 14.1 Guinness Anchor 14.20 14.60 2.8 1.4 18.7 Nestle 73.70 74.10 0.5 8.2 8.2 QL Resources 3.92 3.99 1.8 27.5 20.9 Sector (0.4) 9.4 8.1

EXCHANGE Bursa Malaysia 8.58 8.74 1.9 15.2 7.9 Sector 1.9 15.2 7.9

GAMING Berjaya Sports Toto 3.36 3.26 (3.0) (16.2) (7.1) Genting Bhd 9.00 8.75 (2.8) (10.7) (1.4) Genting Malaysia 4.23 4.30 1.7 1.9 5.7 Magnum 2.69 2.73 1.5 (9.6) 0.0 Sector (0.9) (6.7) 0.8

GLOVE MANUFACTURING Hartalega 8.67 8.16 (5.9) 28.7 16.1 Kossan Rubber 5.67 6.00 5.8 46.3 34.2 Top Glove 5.47 5.60 2.4 16.7 23.9 Sector (0.8) 29.6 22.6

HEALTHCARE KPJ Healthcare 4.26 4.26 0.0 31.5 15.1 Sector (1.4) 46.1 22.1

MANUFACTURING SKP Resources 0.85 0.85 0.0 144.9 32.0 Sector 0.0 144.9 32.0

Performance At A Glance

10




PROPERTY Eco World 1.86 1.82 (2.2) (3.2) 5.6 Mah Sing 2.06 2.11 2.4 2.0 2.0 MRCB 1.25 1.32 5.6 (15.9) 8.2 SP Setia 3.46 3.41 (1.4) 12.9 3.3 Sunsuria 1.52 1.98 30.3 26.1 51.1 Sunway 3.65 3.79 3.8 22.3 15.2 Tropicana Corp 1.03 1.09 5.8 (29.2) 2.8 UEM Sunrise 1.38 1.29 (6.5) (43.9) (8.5) Sector 0.3 (10.6) 3.7

REIT Axis REIT 3.53 3.62 2.5 3.4 0.0 CapitalMalls Malaysia Trust 1.46 1.49 2.1 (1.3) 4.2 IGB REIT 1.33 1.37 3.0 18.1 4.6 KLCC Property 6.99 7.06 1.0 6.0 5.2 Pavilion REIT 1.53 1.56 2.0 14.7 6.8 Sunway REIT 1.57 1.71 8.9 25.7 12.5 Sector 2.8 10.8 6.0

TELECOMMUNICATIONS Axiata 7.08 6.74 (4.8) 0.1 (4.4) DiGi 6.30 6.01 (4.6) 8.5 (2.6) Maxis 7.19 6.94 (3.5) (0.1) 1.3 Telekom Malaysia 7.27 7.41 1.9 19.5 7.7 Sector (3.4) 4.6 (0.7)

UTILITY Gas Malaysia 2.59 2.67 3.1 (26.0) (17.1) Tenaga Nasional 14.36 14.36 0.0 20.7 4.1 Sector 0.1 17.7 3.0 OVERALL (0.7) (1.7) 2.7


MEDIA Astro 3.20 3.14 (1.9) (5.7) 3.6 Sector (1.9) (5.7) 3.6

OIL & GAS - HEAVY ENGINEEING Dialog 1.58 1.62 2.5 (9.0) 8.0 MMHE 1.21 1.22 0.8 (69.1) (31.5) Sector 2.2 (36.2) (2.9)

OIL & GAS - OFFSHORE ASSET OWNERS Bumi Armada 1.03 1.19 15.5 (51.4) 9.2 Perisai Petroleum 0.55 0.55 0.9 (65.0) 20.9 Yinson 2.81 2.91 3.6 7.0 8.2 Sector 10.9 (41.9) 9.5

OIL & GAS - OFFSHORE CONTRACTORS Barakah Offshore Petroleum 0.88 0.90 2.9 (46.7) 13.2 Deleum 1.53 1.65 7.8 (26.2) 4.4 SapuraKencana Petroleum 2.36 2.66 12.7 (38.3) 14.7 Uzma 2.08 2.32 11.5 (32.2) 34.9 Sector 12.1 (38.2) 14.8

OIL & GAS - SHIPPING MISC 8.49 9.15 7.8 40.6 26.7 Sector 7.8 40.6 26.7

PLANTATION Genting Plantations 10.14 9.91 (2.3) (10.7) (0.9) IJM Plantations 3.36 3.58 6.5 1.1 (1.1) IOI Corp 4.59 4.34 (5.4) (13.2) (9.6) Kuala Lumpur Kepong 22.78 22.14 (2.8) (8.5) (2.9) Sime Darby 9.27 9.06 (2.3) (4.0) (1.4) Sector (2.9) (7.6) (3.7)


11




Automobile

96

98

100

102

104

106

Jan Feb Mar Apr

Automobile

(31 Dec 14=100)

FBMKLCI

Aviation

93

95

97

99

101

103

105

107

Jan Feb Mar Apr

Av iation

(31 Dec 14=100)

FBMKLCI

Banking

95

97

99

101

103

105

107

Jan Feb Mar Apr

Banking

(31 Dec 14=100)

FBMKLCI

Conglomerate

93

97

101

105

109

113

117

Jan Feb Mar Apr

Conglomerate

(31 Dec 14=100)

FBMKLCI

Construction

97

99

101

103

105

107

109

Jan Feb Mar Apr

Construction

(31 Dec 14=100)

FBMKLCI

Consumer

97

99

101

103

105

107

109

111

Jan Feb Mar Apr

Consumer

(31 Dec 14=100)

FBMKLCI

12




Exchange

97

99

101

103

105

107

109

111

Jan Feb Mar Apr

Ex change

(31 Dec 14=100)

FBMKLCI

Gaming

94

96

98

100

102

104

106

Jan Feb Mar Apr

Gaming

(31 Dec 14=100)

FBMKLCI

Glove Manufacturing

95

100

105

110

115

120

125

Jan Feb Mar Apr

Glov e Manufacturing

(31 Dec 14=100)

FBMKLCI

Healthcare

97

101

105

109

113

117

Jan Feb Mar Apr

Healthcare

(31 Dec 14=100)

FBMKLCI

Manufacturing

95

100

105110

115

120

125130

135

140

Jan Feb Mar Apr

Manufacturing

(31 Dec 14=100)

FBMKLCI

Media

96

98

100

102

104

106

108

110

112

Jan Feb Mar Apr

Media

(31 Dec 14=100)

FBMKLCI

13




Oil & Gas - Heavy Engineering

91

93

95

97

99

101

103

105

107

Jan Feb Mar Apr

Oil & Gas -Heav y Engineering

(31 Dec 14=100)

FBMKLCI

Oil & Gas - Offshore Asset Owners

96

98

100102

104

106

108110

112

114

Jan Feb Mar Apr

Oil & Gas - Offshore Asset Ow ners

(31 Dec 14=100)

FBMKLCI

Oil & Gas - Offshore Contractors

95

100

105

110

115

120

125

130

Jan Feb Mar Apr

Oil & Gas -Offshore Contractors

(31 Dec 14=100)

FBMKLCI

Oil & Gas - Shipping

95

100

105

110

115

120

125

130

Jan Feb Mar Apr

Oil & Gas - Shipping

(31 Dec 14=100)

FBMKLCI

Plantation

96

98

100

102

104

106

Jan Feb Mar Apr

Plantation

(31 Dec 14=100)

FBMKLCI

Property

96

98

100

102

104

106

Jan Feb Mar Apr

Property

(31 Dec 14=100)

FBMKLCI

14




REITs

96

98

100

102

104

106

108

Jan Feb Mar Apr

REITs

(31 Dec 14=100)

FBMKLCI

Telecommunications

97

98

99100

101

102

103104

105

106

Jan Feb Mar Apr

Telecommunications

(31 Dec 14=100)

FBMKLCI

Utility

97

99

101

103

105

107

109

Jan Feb Mar Apr

Utility

(31 Dec 14=100)

FBMKLCI

15



Warrants 30 Apr 15 Warrant Exercise Share Conversion Warrant Warrant 52-Week Issue Years Price Price Price Price Premium Gearing High Low Size To Run Expiry (RM) (RM) (RM) (RM) (%) (x) (RM) (RM) (m)

AGRICULTURE Genting Plantations 2019 2.14 7.75 9.91 9.89 (0.2) 4.6 3.66 2.03 139.2 4.1 17/06/19 Kulim 2016 0.30 2.77 2.60 3.07 18.1 8.7 0.97 0.28 156.2 0.8 26/02/16 Muar Ban Lee Group 2022 0.225 0.80 0.805 1.03 27.3 3.6 0.35 0.19 46.0 7.6 28/11/22 BUILDING MATERIAL BTM Resources 2019 0.05 0.94 0.185 0.99 435.1 3.7 0.115 0.035 18.6 4.6 20/12/19 BTM Resources 2024 0.09 0.20 0.185 0.29 56.8 2.1 0.18 0.07 32.6 9.5 23/10/24 DPS Resource 2018 0.045 0.54 0.105 0.59 457.1 2.3 0.10 0.03 66.0 2.7 03/01/18 Harvest Court 2019 0.09 0.25 0.20 0.34 70.0 2.2 0.245 0.08 80.7 4.5 19/11/19 Harvest Court 2023 0.095 0.25 0.20 0.35 72.5 2.1 0.22 0.08 33.2 8.3 25/08/23 Kia Lim 2016 0.15 1.00 0.60 1.15 91.7 4.0 n.a. n.a. 4.1 0.7 05/02/16 Lion Corp 2019 0.01 1.00 0.06 1.01 1583.3 6.0 0.07 0.01 36.7 3.9 14/04/19 Malaysia Steel 2015 0.10 0.67 0.665 0.77 15.8 6.7 0.515 0.075 105.4 0.5 26/10/15 Priceworth 2016 0.07 0.50 0.175 0.57 225.7 2.5 0.155 0.045 86.9 1.0 24/04/16 SWS Capita 2015 0.15 0.80 0.825 0.95 15.2 5.5 0.30 0.10 21.1 0.6 11/12/15 CONSTRUCTION Ahmad Zaki Resources 2024 0.30 0.70 0.705 1.00 41.8 2.4 0.48 0.23 103.3 9.0 13/05/24 Crest Builder 2015 0.15 1.00 1.19 1.15 (3.4) 7.9 0.75 0.115 41.3 0.5 21/10/15 Fajarbaru Builder 2019 0.14 0.70 0.44 0.84 90.9 3.1 0.195 0.085 109.6 4.4 24/09/19 Gadang 2015 0.51 1.00 1.51 1.51 0.0 3.0 1.13 0.415 19.7 0.4 29/09/15 Gamuda 2015 2.53 2.66 5.23 5.19 (0.8) 2.1 2.71 1.82 252.3 0.1 25/05/15 Jetson 2019 0.14 0.75 0.40 0.89 122.5 2.9 0.255 0.08 34.2 3.8 06/02/19 Kimlun 2024 0.46 1.68 1.27 2.14 68.5 2.8 0.58 0.28 60.1 9.6 03/12/24 Kumpulan Europlus 2016 0.28 1.18 1.05 1.46 39.0 3.8 0.42 0.25 214.9 1.3 26/08/16 MBSB 2016 1.08 1.00 2.08 2.08 0.0 1.9 1.65 1.08 506.4 1.1 31/05/16 Pesona Metro 2020 0.41 0.25 0.705 0.66 (6.4) 1.7 0.62 0.40 255.1 4.7 27/01/20 PJI Holdings 2016 0.025 0.13 0.09 0.16 72.2 3.6 0.08 0.01 304.5 0.9 27/03/16 Resintech 2016 0.08 0.50 0.355 0.58 63.4 4.4 0.135 0.01 68.6 1.4 26/09/16 TRC Synergy 2016 0.07 0.61 0.415 0.68 63.9 5.9 0.17 0.05 93.5 1.2 14/07/16 TRC Synergy 2017 0.12 1.00 0.415 1.12 169.9 3.5 0.19 0.08 36.9 1.7 20/01/17 Unimech 2018 0.21 1.50 1.41 1.71 21.3 6.7 0.44 0.21 60.4 3.4 18/09/18

16




WCT Holdings 2016 0.165 2.04 1.83 2.21 20.5 11.1 0.455 0.10 157.3 0.8 10/03/16 WCT Holdings 2017 0.25 2.25 1.83 2.50 36.6 7.3 0.455 0.18 164.8 2.6 11/12/17 Zecon 2017 0.275 1.06 0.765 1.34 74.5 2.8 0.39 0.20 44.2 1.8 05/03/17 CONSUMER Asia Media 2018 0.025 0.22 0.06 0.25 308.3 2.4 0.05 0.015 412.0 2.7 01/01/18 Berjaya Food 2017 2.19 0.70 2.89 2.89 (0.0) 1.3 2.55 0.75 115.1 2.3 08/08/17 Biosis Group 2020 0.02 0.50 0.11 0.52 372.7 5.5 0.04 0.015 40.0 5.3 24/08/20 CAB Cakaran 2020 0.65 0.55 1.13 1.20 6.2 1.7 0.86 0.415 65.8 4.8 08/02/20 Careplus Group 2016 0.19 0.49 0.65 0.68 4.6 3.4 0.355 0.065 105.0 1.3 09/08/16 China Stationery 2017 0.02 1.15 0.08 1.17 1362.5 4.0 0.045 0.015 596.3 2.4 18/09/17 DBE Gurney Resource 2016 0.01 0.10 0.05 0.11 120.0 5.0 0.04 0.005 200.0 0.9 22/03/16 EG Industries 2015 0.025 1.00 0.775 1.03 32.3 31.0 0.445 0.01 16.7 0.1 16/06/15 Farm's Best 2018 0.18 1.00 0.645 1.18 82.9 3.6 0.275 0.12 27.8 3.2 14/07/18 Fiamma 2018 1.40 1.00 1.92 2.40 25.0 1.4 1.40 0.90 52.4 3.6 26/11/18 Hovid 2018 0.315 0.18 0.50 0.50 (1.0) 1.6 0.385 0.16 381.0 3.1 05/06/18 Guan Chong 2016 0.035 1.34 0.85 1.38 61.8 24.3 0.45 0.02 89.7 0.8 16/02/16 Kanger International 2020 0.07 0.10 0.26 0.17 (34.6) 3.7 0.185 0.04 258.0 4.9 13/04/20 Kuantan Flour 2016 0.18 0.51 0.305 0.69 126.2 1.7 0.215 0.15 37.2 1.5 19/10/16 Niche Capital 2017 0.165 0.16 0.075 0.33 333.3 0.5 0.245 0.10 53.1 2.3 09/08/17 Malayan Flour 2017 0.37 2.06 1.52 2.43 59.9 4.1 0.84 0.30 107.6 2.0 09/05/17 Maxwell 2020 0.025 0.40 0.15 0.43 183.3 6.0 0.045 0.025 199.4 4.9 24/03/20 Multi Sports 2017 0.03 0.18 0.125 0.21 68.0 4.2 0.055 0.025 258.8 2.5 09/11/17 Spritzer 2016 0.88 1.18 1.98 2.06 4.0 2.3 1.18 0.70 32.7 1.6 13/12/16 Takaso 2016 0.175 0.35 0.505 0.53 4.0 2.9 0.26 0.09 56.4 1.3 04/09/16 Tek Seng 2020 0.28 0.25 0.55 0.53 (3.6) 2.0 0.48 0.22 120.0 4.7 29/01/20 Teo Seng Capital 2020 0.92 1.35 1.97 2.27 15.2 2.1 1.20 0.41 50.0 4.7 29/01/20 Voir Holding 2024 0.12 0.50 0.39 0.62 59.0 3.3 0.20 0.10 60.0 8.9 31/03/24 Xidelang Holding 2017 0.035 0.35 0.11 0.39 250.0 3.1 0.085 0.02 181.5 1.7 22/01/17 Xinghe Holdings 2019 0.02 0.10 0.065 0.12 84.6 3.3 0.06 0.02 1,174.3 3.9 22/03/19 Xingquan Internatinal 2019 0.125 1.00 0.59 1.13 90.7 4.7 0.21 0.07 169.0 4.4 24/09/19 Voir Holdings 2024 0.12 0.50 0.39 0.62 59.0 3.3 0.20 0.10 60.0 8.9 31/03/24

17




FINANCE BIMB 2023 0.40 4.72 4.0 5.12 28.0 10.0 0.805 0.335 426.7 8.6 04/12/23 MBSB 2016 1.08 1.00 2.08 2.08 0.0 1.9 1.65 1.08 509.0 1.1 31/05/16 GAMING Genting Bhd 2018 1.85 7.96 8.75 9.81 12.1 4.7 2.98 1.79 764.2 3.6 18/12/18 INDUSTRIAL ABRIC 2016 0.235 0.30 0.50 0.54 7.0 2.1 0.545 0.085 49.5 0.9 07/04/16 AE Multi 2019 0.055 0.25 0.155 0.31 96.8 2.8 0.095 0.035 65.9 4.6 17/12/19 Astral Supreme 2016 0.045 0.20 0.19 0.25 28.9 4.2 0.07 0.03 39.9 1.3 08/08/16 Astral Supreme 2018 0.055 0.20 0.19 0.26 34.2 3.5 0.07 0.035 70.4 3.1 20/06/18 Bright Packaging 2019 0.165 0.82 0.505 0.99 95.0 3.1 0.275 0.10 57.7 3.7 12/01/19 Boon Koon Group 2023 0.06 0.20 0.13 0.26 100.0 2.2 0.08 0.05 138.4 8.2 07/07/23 CB Industrial 2019 0.465 2.40 2.03 2.87 41.1 4.4 0.72 0.305 88.4 4.5 06/11/19 China Automobile Parts 2016 0.05 0.35 0.345 0.40 15.9 6.9 0.08 0.03 300.0 1.6 29/12/16 Chuan Huat 2016 0.135 0.50 0.62 0.64 2.4 4.6 0.44 0.09 41.8 0.7 06/01/16 Destini 2016 0.21 0.40 0.575 0.61 6.1 2.7 0.445 0.20 242.0 1.4 02/10/16 Ewein 2017 0.37 0.61 0.82 0.98 19.5 2.2 0.46 0.14 33.8 2.1 10/06/17 Furniweb Industrial 2019 0.25 0.75 0.67 1.00 49.3 2.7 0.505 0.17 54.3 4.2 06/07/19 Fututech 2017 0.78 1.00 1.71 1.78 4.1 2.2 0.945 0.18 23.5 2.6 20/12/17 GBH 2020 0.60 1.00 1.71 1.60 (6.4) 2.9 1.61 0.50 61.9 4.9 07/04/20 AbleGroup 0.08 0.15 0.17 0.23 35.3 2.1 0.13 0.05 21.8 1.7 19/01/17 Hap Seng Conso 2016 2.91 1.65 4.62 4.56 (1.3) 1.6 3.17 1.45 364.4 1.3 09/08/16 Hartalega 2015 3.94 4.02 8.16 7.96 (2.5) 2.1 4.43 1.70 73.1 0.1 29/05/15 Heveaboard 2020 1.98 1.00 2.95 2.98 1.0 1.5 2.25 0.625 42.7 4.8 28/02/20 Hiap Teck 2017 0.15 0.69 0.515 0.84 63.1 3.4 0.385 0.13 88.5 1.7 09/01/17 Inari 2018 2.90 0.33 3.18 3.23 1.6 1.1 3.15 1.67 21.1 3.1 04/06/18 Inari 2020 1.40 2.00 3.18 3.40 6.9 2.3 1.64 1.05 78.7 4.8 17/02/20 Integrated Rubber 2015 0.30 0.25 0.80 0.55 (31.3) 2.7 0.405 0.105 236.8 0.6 18/12/15

18




Ire-tex Corporation 100619 0.09 0.80 0.37 0.89 140.5 4.1 0.215 0.06 58.8 4.1 10/06/19 Jadi Image 2015 0.005 0.13 0.065 0.14 107.7 13.0 0.07 0.005 464.3 0.4 12/10/15 Johore Tin 2017 0.18 2.28 1.53 2.46 60.8 8.5 0.44 0.15 23.3 2.5 21/11/17 Kawan Food 2016 0.88 0.93 1.84 1.81 (1.6) 2.1 1.23 0.46 29.2 1.2 28/07/16 KBB Resources 2019 0.04 0.20 0.155 0.24 54.8 3.9 0.065 0.025 120.0 3.7 22/01/19 Luster Industries 2022 0.055 0.10 0.115 0.16 34.8 2.1 0.075 0.035 441.6 7.1 03/06/22 Luster Industries 2023 0.06 0.10 0.115 0.16 39.1 1.9 0.08 0.035 216.0 8.1 26/05/23 MBM Resources 2017 0.51 3.20 3.40 3.71 9.1 6.7 0.59 0.34 73.2 2.1 14/06/17 Mclean Technology 2016 0.04 0.52 0.19 0.56 194.7 4.8 0.115 0.03 58.7 1.0 09/05/16 ML Global 2019 0.15 0.50 0.42 0.65 54.8 2.8 0.28 0.12 26.7 4.5 27/10/19 Muar Ban Lee 2022 0.225 0.80 0.805 1.03 27.3 3.6 0.35 0.19 46.0 7.6 28/11/22 PA Resources 2015 0.005 0.50 0.075 0.51 573.3 15.0 0.04 0.005 90.2 0.2 18/07/15 Pensonic 2024 0.175 0.60 0.41 0.78 89.0 2.3 0.205 0.135 64.8 8.7 20/01/24 Perwaja 2022 0.065 1.00 0.17 1.07 526.5 2.6 0.09 0.015 280.0 6.8 28/02/22 Press Metal 2019 1.78 1.10 2.83 2.88 1.8 1.6 5.35 1.24 145.7 4.3 22/08/19 Ralco 2019 0.11 1.00 0.70 1.11 58.6 6.4 0.19 0.095 20.3 4.6 13/12/19 Rapid Synergy 2017 5.14 1.00 5.70 6.14 7.7 1.1 5.25 3.50 21.1 1.9 09/04/17 Sanichi Technology 2018 0.05 0.10 0.09 0.15 66.7 1.8 0.15 0.035 60.5 2.9 13/03/18 Sanichi Technology 2019 0.045 0.10 0.09 0.15 61.1 2.0 0.07 0.035 348.0 4.4 24/09/19 Seacera Group 2017 0.18 1.00 0.85 1.18 38.8 4.7 0.76 0.15 23.6 2.0 16/05/17 Seacera Group 2019 0.325 1.00 0.85 1.33 55.9 2.6 0.88 0.155 39.4 4.1 29/05/19 Sersol 2023 0.24 0.18 0.345 0.42 21.7 1.4 0.36 0.13 96.4 8.0 18/04/23 SMPC Corporation 2022 0.18 1.00 0.615 1.18 91.9 3.4 0.295 0.125 21.4 7.0 09/05/22 SMPC Corporation 2024 0.18 1.00 0.615 1.18 91.9 3.4 0.295 0.125 10.7 9.5 18/11/24 Scope Industries 2020 0.105 0.15 0.20 0.26 27.5 1.9 0.27 0.09 118.6 5.2 18/07/20 SKP Resources 2017 0.31 0.55 0.845 0.86 1.8 2.7 0.385 0.065 180.0 2.1 27/06/17 SYF Resources 2019 0.165 0.70 0.42 0.87 106.0 2.5 0.24 0.115 305.4 4.6 11/12/19 Thong Guan 2019 0.895 1.50 2.08 2.40 15.1 2.3 1.22 0.67 26.3 4.4 09/10/19 Toyo Ink 2018 0.085 1.50 0.635 1.59 149.6 7.5 0.235 0.08 42.8 3.0 22/04/18 WZ Satu 2024 1.20 0.60 1.79 1.80 0.6 1.5 1.82 0.80 95.0 9.5 28/10/24

19




OIL & GAS CLIQ Energy 2016 0.12 0.50 0.655 0.62 (5.3) 5.5 0.375 0.095 630.9 0.9 09/04/16 Coastal Contract 2016 0.61 3.18 3.02 3.79 25.5 5.0 2.18 0.32 60.4 1.2 18/07/16 Dialog 2017 0.445 1.19 1.62 1.64 0.9 3.6 1.54 0.285 198.4 1.8 12/02/17 Kejuruteraan Samudra 2018 0.19 0.30 0.48 0.49 2.1 2.5 0.32 0.115 71.5 2.7 01/01/18 KNM Group 2017 0.165 1.00 0.64 1.17 82.0 3.9 0.43 0.125 488.9 2.5 15/11/17 Perdana Petroleum 2015 0.675 0.71 1.36 1.39 1.8 2.0 1.24 0.395 76.2 0.5 26/10/15 Reach Energy 2022 0.08 0.75 0.61 0.83 36.1 7.6 0.29 0.075 1,277.8 7.3 12/08/22 Sona Petroleum 2018 0.115 0.35 0.425 0.47 9.4 3.7 0.335 0.10 1,410.7 3.2 29/07/18 Sumatec 2021 0.135 0.32 0.21 0.46 116.7 1.6 0.555 0.11 118.8 5.8 03/03/21 Sumatec 2018 0.135 0.175 0.21 0.31 47.6 1.6 0.555 0.10 567.7 3.5 13/11/18 Tanjung Offshore 2016 0.105 0.50 0.435 0.61 39.1 4.1 0.38 0.05 37.9 0.9 07/04/16 PROPERTY Ecoworld 2022 0.635 2.08 1.82 2.72 49.2 2.9 0.85 0.305 525.4 6.9 26/03/22 Ekovest 2019 0.56 1.35 1.08 1.91 76.9 1.9 0.77 0.30 122.2 4.1 25/06/19 Encorp 2016 0.39 1.00 1.28 1.39 8.6 3.3 0.915 0.19 32.9 0.9 17/03/16 Gabungan Aqrs 2018 0.415 1.30 1.35 1.72 27.0 3.3 0.695 0.225 160.0 3.2 20/07/18 Global Oriental 2019 0.18 0.80 0.535 0.98 83.2 3.0 0.23 0.15 113.7 4.6 24/12/19 I-Berhad 2019 0.31 1.41 0.615 1.72 179.7 2.0 0.555 0.17 57.2 4.4 08/10/19 Ideal Sun City 2019 0.41 0.10 0.515 0.51 (1.0) 1.3 0.75 0.20 59.0 4.0 29/04/19 Ireka Corporation 2019 0.31 1.00 0.805 1.31 62.7 2.6 0.395 0.165 57.0 4.1 25/06/19 Ivory Properties 2017 0.135 0.75 0.405 0.89 118.5 3.0 0.265 0.095 186.0 2.0 26/04/17 Jiankun International 2021 0.10 0.32 0.305 0.42 37.7 3.1 0.155 0.075 75.6 6.6 23/12/21 KSL Holdings 2016 1.11 0.80 1.92 1.91 (0.5) 1.7 3.38 0.85 183.0 1.3 19/08/16 Karambunai Corp 2023 0.02 0.131 0.07 0.15 115.7 3.5 0.04 0.02 1,015.0 8.5 20/10/23 LBI Capital 2018 0.34 1.00 1.36 1.34 (1.5) 4.0 0.615 0.27 31.2 2.9 17/04/18 LBS Bina 2018 0.565 1.00 1.56 1.57 0.3 2.8 0.83 0.46 154.1 3.1 11/06/18 Mah Sing 2018 0.435 1.80 2.11 2.24 5.9 4.9 0.65 0.22 149.0 2.9 18/03/18 Mah Sing 2020 0.24 2.63 2.11 2.87 36.0 8.8 0.38 0.195 133.0 4.8 21/02/20 Meda Inc 2021 0.10 0.50 0.61 0.60 (1.6) 6.1 0.17 0.06 53.6 6.3 13/08/21

20




Meda Inc 2022 0.25 0.60 0.61 0.85 39.3 2.4 0.27 0.13 114.0 7.0 23/04/22 Meda Inc 2024 0.075 0.80 0.61 0.88 43.4 8.1 0.12 0.005 48.4 9.3 24/08/24 Menang 2019 0.285 1.00 0.85 1.29 51.2 3.0 0.625 0.24 133.5 4.2 09/07/19 MKH Bhd 2017 1.14 1.89 2.59 3.03 17.0 2.3 2.46 0.89 29.1 2.7 30/12/17 MRCB 2018 0.18 2.30 1.32 2.48 87.9 7.3 0.305 0.135 537.9 3.4 16/09/18 OSK Property 2017 0.94 1.00 1.93 1.94 0.5 2.1 1.88 0.79 106.2 2.3 28/08/17 PJ Development 2020 0.545 1.00 1.48 1.55 4.4 2.7 1.22 0.495 213.8 5.6 04/12/20 Prinsiptek 2019 0.125 0.10 0.19 0.23 18.4 1.5 0.155 0.085 126.8 4.5 16/11/19 See Hup 2017 0.39 1.00 1.15 1.39 20.9 2.9 0.41 0.15 20.4 2.6 22/12/17 Sentoria Group 2019 0.45 0.60 1.06 1.05 (0.9) 2.4 1.05 0.32 88.0 3.9 15/04/19 Sunway Bhd 2016 1.14 2.50 3.79 3.64 (4.0) 3.3 1.26 0.69 289.7 1.3 17/08/16 Symphony Life 2020 0.25 1.10 0.84 1.35 60.7 3.4 0.55 0.22 107.4 5.5 11/11/20 Tambun Indah 2017 1.27 0.60 1.88 1.87 (0.5) 1.5 2.08 0.85 44.2 2.1 30/05/17 Tropicana Corp 2019 0.35 1.00 1.09 1.35 23.9 3.1 0.79 0.265 129.8 4.5 19/11/19 Y&G Corp 2019 0.21 1.00 0.90 1.21 34.4 4.3 0.29 0.18 47.7 4.5 16/11/19 YKGI Holdings 2020 0.04 0.50 0.23 0.54 134.8 5.8 0.14 0.04 95.0 5.1 28/05/20 SERVICES AHB Holdings 0.095 0.20 0.19 0.30 55.3 2.0 0.16 0.07 71.1 4.3 28/08/19 APFT 2018 0.05 0.40 0.21 0.45 114.3 4.2 0.095 0.035 78.5 3.2 13/07/18 Berjaya Corp 2022 0.175 1.00 0.435 1.18 170.1 2.5 0.275 0.12 700.1 7.0 22/04/22 Berjaya Media 2016 0.08 1.00 0.46 1.08 134.8 5.8 0.21 0.06 56.3 1.6 18/12/16 Borneo Oil 2018 0.65 0.10 0.80 0.75 (6.3) 1.2 0.86 0.30 53.5 2.8 28/02/18 Ecofirst Consolidated 2019 0.145 0.30 0.34 0.45 30.9 2.3 0.22 0.12 201.0 4.3 10/09/19 Eduspec 2018 0.285 0.18 0.38 0.47 22.4 1.3 0.325 0.105 99.0 3.6 24/12/18 Engtex 2017 0.40 1.25 0.99 1.65 66.7 2.5 1.01 0.375 99.0 2.5 25/10/17 Engtex 2017 0.09 0.50 0.39 0.59 51.3 4.3 0.19 0.05 31.6 1.9 30/03/17 Fitters Diversified 2019 0.21 1.00 0.65 1.21 86.2 3.1 0.335 0.155 137.2 4.4 12/10/19 Freight Management 2017 0.59 0.97 1.55 1.56 0.6 2.6 0.895 0.49 24.3 1.7 08/01/17 Flonic Hi-Tec 2017 0.03 0.05 0.05 0.08 60.0 1.7 0.065 0.025 133.7 2.1 18/06/17 Flonic Hi-Tec 2019 0.03 0.05 0.05 0.08 60.0 1.7 0.04 0.025 266.3 4.5 06/11/19

21




FSBM Holdings 2022 0.11 0.30 0.37 0.41 10.8 3.4 0.145 0.05 59.1 7.0 16/05/22 GD Express 2016 1.45 0.15 1.60 1.60 (0.0) 1.1 2.05 1.42 101.2 0.8 07/02/16 GD Express 2020 0.60 1.53 1.60 2.13 33.1 2.7 0.785 0.40 179.2 4.8 11/02/20 Gunung Capital 2020 0.36 0.50 0.805 0.86 6.8 2.2 0.555 0.30 25.2 5.4 02/10/20 Hubline 2019 0.01 0.20 0.025 0.21 740.0 2.5 0.025 0.005 621.7 3.9 11/04/19 Insas 2020 0.33 1.00 0.925 1.33 43.8 2.8 0.425 0.25 265.2 4.8 25/02/20 JAG 2019 0.145 0.10 0.145 0.25 69.0 1.0 0.303 0.12 324.9 4.3 14/08/19 Ni Hsin 2018 0.15 0.60 0.30 0.75 150.0 2.0 0.225 0.13 115.5 2.8 11/02/18 Pantech 2020 0.365 0.60 0.735 0.97 31.3 2.0 0.65 0.30 74.8 5.6 21/12/20 Puncak 2020 1.65 1.00 2.59 2.65 2.3 1.6 2.69 1.30 74.8 5.6 21/12/20 Puncak 2018 0.92 1.00 1.47 1.92 30.6 1.6 1.00 0.825 40.9 3.2 20/07/18 Tiong Nam Logistics 2018 0.55 1.00 1.26 1.55 23.0 2.3 0.795 0.40 210.3 3.6 26/12/18 TECHNOLOGY AppAsia 2024 0.13 0.13 0.215 0.26 20.9 1.7 0.195 0.095 139.0 9.6 23/12/24 Asdion 2019 0.75 0.50 0.775 1.25 61.3 1.0 0.75 0.11 52.2 3.9 24/03/19 Asia Bioenergy 2024 0.045 0.10 0.095 0.15 52.6 2.1 0.11 0.035 420.2 9.0 19/04/24 AT Systematizatin 2019 0.065 0.12 0.125 0.19 48.0 1.9 0.085 0.03 196.8 3.7 28/01/19 Censof 2017 0.195 0.46 0.395 0.66 65.8 2.0 0.45 0.115 29.5 2.2 18/07/17 Censof 2019 0.21 0.46 0.395 0.67 69.6 1.9 0.43 0.15 111.4 4.4 07/10/19 Connectcounty Holdings 2021 0.105 0.10 0.21 0.21 (2.4) 2.0 0.17 0.07 60.8 6.4 18/09/21 Cuscapi 2018 0.10 0.27 0.20 0.37 85.0 2.0 0.265 0.07 123.2 3.0 24/04/18 Digistar 2017 0.095 0.13 0.21 0.23 7.1 2.2 0.245 0.08 101.8 1.8 07/02/17 Digistar 2023 0.09 0.26 0.21 0.35 66.7 2.3 0.18 0.085 74.0 7.9 04/04/23 DVM Technology 2018 0.025 0.10 0.065 0.13 92.3 2.6 0.045 0.025 290.4 3.2 02/07/18 EA Holdings 2015 0.005 0.30 0.125 0.31 144.0 25.0 0.045 0.005 151.1 1.8 07/12/15 EA Holdings 2019 0.05 0.14 0.125 0.19 52.0 2.5 0.105 0.045 122.8 1.8 24/02/19 EA Holdings 2019 0.055 0.12 0.125 0.18 40.0 2.3 0.13 0.045 212.6 1.8 18/06/19 Ewein 2017 0.37 1.00 0.82 1.37 67.1 2.2 0.46 0.14 52.7 2.4 06/10/17 Excel Force 2019 0.175 0.68 0.61 0.86 40.2 3.5 0.33 0.115 103.4 4.2 17/07/19 Fast Track 2017 0.11 0.12 0.255 0.23 (9.8) 2.3 0.195 0.035 102.5 2.6 01/12/17 Focus Dynamics 2016 0.03 0.10 0.08 0.13 62.5 2.7 0.08 0.02 96.4 1.1 06/06/16

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Focus Dynamics 2019 0.055 0.10 0.08 0.16 93.8 1.5 0.065 0.04 235.2 4.5 06/11/19 Formis Resources 2016 0.05 0.96 0.51 1.01 98.0 10.2 0.205 0.045 106.5 1.0 19/04/16 Formis Resources 2018 0.23 0.50 0.51 0.73 43.1 2.2 0.405 0.18 83.1 3.1 30/05/18 Green Ocean 2019 0.07 0.34 0.145 0.41 182.8 2.1 0.135 0.06 65.8 4.3 07/08/19 Ingenuity Solutions 2016 0.03 0.10 0.075 0.13 73.3 2.5 0.055 0.025 182.4 1.2 18/07/16 Instacom Group 2018 0.03 0.33 0.125 0.36 188.0 4.2 0.135 0.03 351.1 3.3 08/09/18 Iris Corp 2016 0.175 0.15 0.295 0.33 10.2 1.7 0.35 0.115 55.3 1.1 24/06/16 Iris Corp 2016 0.175 0.15 0.295 0.33 10.2 1.7 0.345 0.115 212.3 1.0 20/04/16 K-One Technology 2015 0.28 0.22 0.49 0.50 2.0 1.8 0.365 0.12 93.6 0.6 11/12/15 Media Shoppe 2017 0.025 0.10 0.05 0.13 150.0 2.0 0.05 0.02 234.5 1.7 16/01/17 Mexter Technology 2018 0.04 0.13 0.105 0.17 61.9 2.6 0.075 0.03 89.5 3.4 17/09/18 MLabs Systems 2020 0.05 0.10 0.105 0.15 42.9 2.1 0.07 0.04 77.2 5.0 26/04/20 Mtouche 2018 0.03 0.89 0.19 0.92 384.2 6.3 0.065 0.025 45.4 2.7 17/01/18 Mtouche 2020 0.06 0.27 0.19 0.33 73.7 3.2 0.105 0.05 53.3 4.9 16/03/20 Nexgram Holdings 2022 0.06 0.10 0.115 0.16 39.1 1.9 0.075 0.03 335.4 7.0 16/05/22 Nexgram Holdings 2022 0.035 0.26 0.115 0.30 156.5 3.3 0.045 0.025 160.0 8.2 22/07/23 Nexgram Holdings 2024 0.055 0.10 0.115 0.16 34.8 2.1 0.10 0.03 281.7 8.7 15/01/24 N2N Connect 2018 0.415 0.32 0.82 0.74 (10.4) 2.0 0.785 0.40 99.9 3.2 04/08/18 OSK Venture 2015 0.03 0.50 0.505 0.53 5.0 16.8 0.225 0.025 97.9 0.4 07/10/15 Palette Multimedia 2018 0.02 0.10 0.045 0.12 166.7 2.3 0.035 0.015 145.3 2.9 20/03/18 R&A Telecommunication 2017 0.02 0.17 0.04 0.19 375.0 2.0 0.035 0.005 87.9 1.9 22/03/17 SMR Technologies 2017 0.27 0.18 0.445 0.45 1.1 1.6 0.745 0.245 86.0 2.2 01/08/17 Silver Ridge Holdings 2023 0.09 0.18 0.18 0.27 50.0 2.0 0.15 0.06 55.0 7.8 24/02/23 Sunzen Biotech 2019 0.29 0.10 0.39 0.39 0.0 1.3 0.495 0.135 49.8 3.9 14/04/19 TFP Solutions 2019 0.11 0.10 0.195 0.21 7.7 1.8 0.175 0.055 100.9 5.0 16/02/19 Technodex 2018 0.075 0.11 0.13 0.19 42.3 1.7 0.15 0.055 85.2 3.4 22/09/18 Unisem 2015 0.25 2.18 2.39 2.43 1.7 9.6 0.34 0.09 168.5 0.3 24/08/15 Wintoni Group 2019 0.28 0.10 0.32 0.38 18.8 1.1 0.385 0.025 216.0 5.0 23/02/19 VisDynamics 2015 0.16 0.25 0.33 0.41 24.2 2.1 0.245 0.09 50.3 1.3 01/09/16 UTILITIES YTL Power 2018 0.45 1.14 1.60 1.59 (0.6) 3.6 0.58 0.405 1,776.4 3.1 11/06/18

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Covered Warrants 30 Apr 15 Warrant Exercise Share Conversion Warrant Warrant 52-Week Issue Years Conversion Price Price Price Price Premium Gearing High Low Size To Run Expiry Ratio (RM) (RM) (RM) (RM) (%) (x) (RM) (RM) (m) (Wrt : 1 Shr)

AEON Co 140815 0.005 4.00 3.25 4.03 23.8 130.0 0.055 0.005 50.0 0.3 28/08/15 5.00 AEON Co 111215 0.15 3.00 3.25 3.60 10.8 5.4 n.a. n.a. 100.0 0.6 11/12/15 4.00 Alliance Financial 290416 0.15 4.65 4.74 5.25 10.8 7.9 n.a. n.a. 50.0 1.0 29/04/16 4.00 Affin 110815 0.035 3.50 2.91 3.68 26.3 16.6 0.12 0.035 40.0 0.3 11/08/15 5.00 Affin 311215 0.075 2.75 2.91 2.98 2.2 12.9 0.11 0.06 50.0 0.7 31/12/15 3.00 AirAsia 270215 0.015 2.38 2.27 2.43 6.8 50.4 0.215 0.01 100.0 0.0 20/05/15 3.00 AirAsia 010615 0.05 2.40 2.27 2.48 9.3 28.4 0.43 0.01 25.0 0.1 01/06/15 1.60 AirAsia 170915 0.06 2.50 2.27 2.68 18.1 12.6 0.22 0.045 40.0 0.4 17/09/15 3.00 AirAsia 221015 0.04 2.70 2.27 2.86 26.0 14.2 0.135 0.03 100.0 0.5 22/10/15 4.00 AirAsia 221015 0.02 3.00 2.27 3.08 35.7 28.4 0.09 0.015 100.0 0.5 22/10/15 4.00 AirAsia 271115 0.15 2.80 2.27 3.33 46.5 4.3 n.a. n.a. 100.0 0.6 27/11/15 3.50 AirAsia 301215 0.075 2.70 2.27 3.00 32.2 7.6 0.14 0.075 100.0 0.7 30/12/15 4.00 AirAsia 290216 0.05 2.50 2.27 2.70 18.9 11.4 0.115 0.04 50.0 0.8 29/02/16 4.00 AirAsia X 070515 0.005 0.70 0.41 0.71 72.0 82.0 0.23 0.005 100.0 0.0 07/05/15 1.00 AirAsia X 010715 0.005 0.63 0.41 0.64 55.2 65.6 0.125 0.005 35.0 0.2 01/07/15 1.25 AirAsia X 310715 0.005 0.65 0.41 0.66 59.8 82.0 0.295 0.005 50.0 0.2 31/07/15 1.00 AirAsia X 011015 0.035 0.50 0.41 0.54 32.2 9.8 0.075 0.03 35.0 0.4 01/10/15 1.20 AirAsia X 091215 0.01 0.70 0.41 0.71 73.2 41.0 0.025 0.005 40.0 0.6 09/12/15 1.00 AirAsia X 301215 0.015 0.66 0.41 0.68 64.6 27.3 0.15 0.01 100.0 0.7 30/12/15 1.00 Alam Maritim Resources 040615 0.005 1.55 0.675 1.57 131.9 45.0 0.155 0.005 40.0 0.1 04/06/15 3.00 Alliance Financial 120615 0.15 5.00 4.74 5.60 18.1 7.9 n.a. n.a. 100.0 0.1 12/06/15 4.00 AMMB Holdings 120615 0.01 7.00 6.49 7.05 8.6 129.8 0.10 0.01 100.0 0.1 12/06/15 5.00 AMMB Holdings 300615 0.005 7.00 6.49 7.03 8.3 216.3 0.095 0.005 50.0 0.2 30/06/15 6.00 AMMB Holdings 170915 0.02 7.00 6.49 7.12 9.7 54.1 0.105 0.01 40.0 0.4 17/09/15 6.00 AMMB Holdings 310316 0.10 6.00 6.49 6.60 1.7 10.8 0.10 0.10 50.0 0.9 31/03/16 6.00 Astro 300615 0.025 3.48 3.14 3.58 14.0 31.4 0.175 0.025 100.0 0.2 30/06/15 4.00 Astro 310715 0.15 3.34 3.14 3.94 25.5 5.2 n.a. n.a. 100.0 0.2 31/07/15 4.00 Astro 250116 0.15 3.00 3.14 3.60 14.6 5.2 n.a. n.a. 100.0 0.7 25/01/16 4.00 Astro 290116 0.15 2.98 3.14 3.88 23.6 3.5 n.a. n.a. 100.0 0.7 29/01/16 6.00 Astro 290216 0.185 2.65 3.14 3.39 8.0 4.2 0.205 0.145 50.0 0.8 29/02/16 4.00 Axiata 300615 0.08 6.98 6.74 7.62 13.1 10.5 0.105 0.075 100.0 0.2 30/06/15 8.00 Axiata 310715 0.04 6.65 6.74 6.85 1.6 33.7 0.15 0.035 50.0 0.2 31/07/15 5.00 Axiata 290116 0.15 7.18 6.74 8.08 19.9 7.5 n.a. n.a. 50.0 0.7 29/01/16 6.00

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Berjaya Auto 210815 0.29 3.30 4.04 4.17 3.2 4.6 0.29 0.155 100.0 0.3 21/08/15 3.00 Berjaya Auto 010915 0.235 3.60 4.04 4.31 6.6 5.7 0.27 0.185 25.0 0.3 01/09/15 3.00 Berjaya Auto 170915 0.325 2.80 4.04 4.10 1.5 3.1 0.34 0.22 40.0 0.4 17/09/15 4.00 Berjaya Auto 301015 0.16 3.10 4.04 4.06 0.5 4.2 0.18 0.095 50.0 0.5 30/10/15 6.00 Berjaya Auto 100316 0.15 3.80 4.04 4.70 16.3 4.5 0.155 0.145 40.0 0.8 10/03/16 6.00 Berjaya Corp 010715 0.03 0.45 0.435 0.48 10.3 14.5 0.055 0.025 35.0 0.2 01/07/15 1.00 Berjaya Corp 131115 0.15 0.58 0.435 0.66 50.6 5.8 n.a. n.a. 40.0 0.5 13/11/15 0.50 Berjaya Corp 091215 0.105 0.40 0.435 0.48 10.1 5.5 0.14 0.09 40.0 0.6 09/12/15 0.75 Berjaya Corp 311215 0.06 0.43 0.435 0.49 12.6 7.3 0.08 0.04 50.0 0.7 31/12/15 1.00 BIMB 271115 0.15 4.08 4.0 4.83 20.8 5.3 n.a. n.a. 100.0 0.6 27/11/15 5.00 BIMB 301115 0.055 3.88 4.0 4.21 5.3 12.1 0.085 0.05 50.0 0.6 30/11/15 6.00 Boustead Holdings 290416 0.115 4.20 4.62 4.66 0.9 10.0 0.13 0.115 50.0 1.0 29/04/16 4.00 British American Tobacco 300915 0.035 67.50 66.98 71.00 6.0 19.1 0.15 0.035 50.0 0.4 30/09/15 100.00 Bumi Armada 200515 0.005 1.99 1.19 2.00 68.2 97.2 0.12 0.005 100.0 0.0 20/05/15 2.45 Bumi Armada 010615 0.005 2.00 1.19 2.01 68.6 198.3 0.11 0.005 35.0 0.1 01/06/15 1.20 Bumi Armada 010715 0.015 1.50 1.19 1.55 29.8 26.4 0.055 0.005 35.0 0.2 01/07/15 3.00 Bumi Armada 221015 0.14 1.00 1.19 1.28 7.6 4.3 0.205 0.08 100.0 0.5 22/10/15 2.00 Bumi Armada 281015 0.03 1.38 1.19 1.47 23.5 13.2 0.115 0.015 100.0 0.5 28/10/15 3.00 Bumi Armada 151215 0.17 1.20 1.19 1.37 15.1 7.0 0.295 0.105 40.0 0.6 15/12/15 1.00 Bumi Armada 311215 0.05 1.27 1.19 1.37 15.1 11.9 0.10 0.03 50.0 0.7 31/12/15 2.00 Bumi Armada 150116 0.175 1.20 1.19 1.38 15.5 6.8 0.175 0.085 100.0 0.7 15/01/16 1.00 Bumi Armada 250116 0.15 0.98 1.19 1.21 1.3 5.3 n.a. n.a. 100.0 0.7 25/01/16 1.50 Bursa Malaysia 290515 0.205 7.121 8.74 8.72 (0.2) 5.5 0.205 0.08 50.0 0.1 29/05/15 7.80 Bursa Malaysia 100915 0.125 7.80 8.74 8.80 0.7 8.7 0.135 0.08 100.0 0.3 10/09/15 8.00 Bursa Malaysia 290416 0.11 8.40 8.74 9.06 3.7 13.2 0.145 0.105 50.0 1.0 29/04/16 6.00 Cahya Mata Sarawak 040615 0.40 3.167 5.07 5.03 (0.7) 2.7 0.40 0.12 40.0 0.1 04/06/15 4.67 Cahya Mata Sarawak 280715 0.19 3.98 5.07 5.12 1.0 4.4 0.22 0.105 100.0 0.2 28/07/15 6.00 Cahya Mata Sarawak 301015 0.155 4.05 5.07 5.14 1.3 4.7 0.19 0.04 50.0 0.5 30/10/15 7.00 Cahya Mata Sarawak 021115 0.22 4.90 5.07 5.91 16.6 5.0 0.245 0.22 25.0 0.5 02/11/15 4.60 CB Industrial 280815 0.025 2.25 2.03 2.33 14.5 27.1 0.185 0.015 50.0 0.3 28/08/15 3.00 CB Industrial 300915 0.055 2.44 2.03 2.61 28.3 12.3 0.13 0.005 100.0 0.4 30/09/15 3.00 CIMB Group 080715 0.005 7.30 5.90 7.34 24.4 147.5 0.12 0.005 40.0 0.2 08/07/15 8.00 CIMB Group 030815 0.14 6.50 5.90 7.06 19.7 10.5 0.17 0.09 40.0 0.2 03/08/15 4.00

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CIMB Group 121015 0.14 6.00 5.90 6.84 15.9 7.0 0.145 0.115 100.0 0.4 12/10/15 6.00 CIMB Group 091215 0.185 6.00 5.90 6.74 14.2 8.0 0.20 0.185 40.0 0.6 09/12/15 4.00 CIMB Group 250116 0.15 6.00 5.90 6.90 16.9 6.6 n.a. n.a. 100.0 0.7 25/01/16 6.00 Coastal Contracts 070515 0.005 4.80 3.02 4.84 60.3 75.5 0.045 0.005 100.0 0.0 07/05/15 8.00 Coastal Contracts 280815 0.005 5.28 3.02 5.32 76.2 75.5 0.02 0.005 100.0 0.3 28/08/15 8.00 Coastal Contracts 010915 0.15 3.60 3.02 4.02 33.1 7.2 0.175 0.115 25.0 0.3 01/09/15 2.80 Coastal Contracts 301215 0.165 2.80 3.02 3.63 20.0 3.7 0.21 0.13 100.0 0.7 30/12/15 5.00 Coastal Contracts 150116 0.11 3.00 3.02 3.44 13.9 6.9 0.125 0.10 100.0 0.7 15/01/16 4.00 Coastal Contracts 290216 0.15 3.15 3.02 3.75 24.2 5.0 n.a. n.a. 100.0 0.8 29/02/16 4.00 Coastal Contracts 100316 0.13 3.40 3.02 3.92 29.8 5.8 0.13 0.115 40.0 0.8 10/03/16 4.00 Datasonic 011015 0.05 1.25 1.06 1.41 33.0 6.6 0.095 0.045 35.0 0.4 01/10/15 3.20 Datasonic 011215 0.15 1.45 1.06 1.93 82.1 2.2 n.a. n.a. 35.0 0.6 01/12/15 3.20 Datasonic 250116 0.21 1.25 1.06 1.57 47.6 3.4 0.22 0.21 100.0 0.7 25/01/16 1.50 Datasonic 280416 0.105 1.18 1.06 1.44 36.1 4.0 0.12 0.10 100.0 1.0 28/04/16 2.50 Dayang 040615 0.005 3.60 2.63 3.63 37.8 105.2 0.14 0.005 40.0 0.1 04/06/15 5.00 Dayang 280815 0.15 3.88 2.63 4.78 81.7 2.9 n.a. n.a. 100.0 0.3 28/08/15 6.00 Dayang 300915 0.015 3.30 2.63 3.38 28.3 35.1 0.105 0.005 50.0 0.4 30/09/15 5.00 Dayang 121015 0.12 2.70 2.63 3.06 16.3 7.3 0.12 0.095 100.0 0.4 12/10/15 3.00 Dayang 281015 0.04 3.08 2.63 3.28 24.7 13.2 0.095 0.02 100.0 0.5 28/10/15 5.00 Dayang 091215 0.075 2.80 2.63 3.03 15.0 11.7 0.075 0.07 40.0 0.6 09/12/15 3.00 Dayang 290216 0.15 2.80 2.63 3.25 23.6 5.8 n.a. n.a. 100.0 0.8 29/02/16 3.00 Dialog 280815 0.045 1.78 1.62 1.86 14.8 20.2 0.115 0.02 100.0 0.3 28/08/15 1.78 Dialog 121015 0.12 1.70 1.62 1.94 19.8 6.8 0.12 0.115 100.0 0.4 12/10/15 2.00 Dialog 281015 0.095 1.48 1.62 1.77 9.0 5.7 0.095 0.05 100.0 0.5 28/10/15 3.00 Dialog 131115 0.15 1.60 1.62 1.90 17.3 5.4 n.a. n.a. 40.0 0.5 13/11/15 2.00 DiGi 300615 0.18 5.38 6.01 6.46 7.5 5.6 0.19 0.17 100.0 0.2 30/06/15 6.00 DiGi 300615 0.12 5.60 6.01 6.08 1.2 12.5 0.225 0.12 100.0 0.2 30/06/15 4.00 DiGi 091015 0.195 6.20 6.01 6.98 16.1 7.7 0.20 0.155 100.0 0.4 09/10/15 4.00 DiGi 131115 0.19 5.80 6.01 7.32 21.8 4.0 0.20 0.165 40.0 0.5 13/11/15 8.00 DiGi 290116 0.085 5.60 6.01 6.28 4.5 8.8 0.125 0.085 50.0 0.7 29/01/16 8.00 DiGi 290116 0.15 6.08 6.01 6.98 16.1 6.7 n.a. n.a. 50.0 0.7 29/01/16 6.00 DRB-Hicom 010715 0.01 2.30 1.88 2.33 23.9 62.7 0.08 0.01 35.0 0.2 01/07/15 3.00 DRB-Hicom 080715 0.005 2.40 1.88 2.42 28.5 125.3 0.12 0.005 40.0 0.2 08/07/15 3.00

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DRB-Hicom 030815 0.15 1.70 1.88 2.06 9.6 5.2 0.20 0.075 35.0 0.2 03/08/15 2.40 DRB-Hicom 301115 0.045 1.88 1.88 2.06 9.6 10.4 0.095 0.015 50.0 0.6 30/11/15 4.00 DRB-Hicom 151215 0.14 1.80 1.88 2.08 10.6 6.7 0.195 0.07 40.0 0.6 15/12/15 2.00 DRB-Hicom 150116 0.15 1.90 1.88 2.20 17.0 6.3 n.a. n.a. 100.0 0.7 15/01/16 2.00 E&O 290515 0.01 2.182 1.95 2.21 13.3 71.5 0.325 0.01 50.0 0.1 29/05/15 2.73 E&O 120615 0.15 2.636 1.95 3.05 56.2 4.8 n.a. n.a. 100.0 0.1 12/06/15 2.73 E&O 310715 0.15 2.618 1.95 3.30 69.2 2.9 n.a. n.a. 100.0 0.2 31/07/15 4.55 E&O 110815 0.02 2.455 1.95 2.56 31.5 17.9 0.085 0.02 40.0 0.3 11/08/15 5.45 E&O 061115 0.15 2.436 1.95 3.12 59.9 2.9 n.a. n.a. 100.0 0.6 27/11/15 4.55 E&O 301115 - Put Warrant 0.125 1.891 1.95 1.61 17.6 6.9 0.185 0.095 100.0 0.6 30/11/15 2.27 E&O 301115 0.12 2.346 1.95 2.62 34.3 7.2 0.12 0.12 100.0 0.6 30/11/15 2.27 E&O 301215 0.115 1.89 1.95 2.31 18.4 4.7 0.185 0.115 100.0 0.7 30/12/15 3.64 E&O 150115 0.08 2.00 1.95 2.24 14.9 8.1 0.105 0.08 100.0 0.7 15/01/16 3.00 Faber Group 131115 0.185 3.08 3.62 3.77 4.0 5.2 0.215 0.04 40.0 0.5 13/11/15 3.73 Felda Global Ventures 200515 0.005 4.20 2.07 4.22 103.9 103.5 0.105 0.005 100.0 0.0 20/05/15 4.00 Felda Global Ventures 200515 0.005 3.74 2.07 3.77 81.9 82.8 0.06 0.005 50.0 0.4 30/09/15 5.00 Felda Global Ventures 281015 0.005 3.38 2.07 3.40 64.3 103.5 0.165 0.005 100.0 0.5 28/10/15 4.00 Felda Global Ventures 030815 0.005 3.50 2.07 3.51 69.7 165.6 0.105 0.005 35.0 0.2 03/08/15 2.50 Felda Global Ventures 300915 0.005 3.60 2.07 3.62 74.9 103.5 0.045 0.005 100.0 0.4 30/09/15 4.00 Felda Global Ventures 020915 0.03 2.50 2.07 2.61 26.1 18.6 0.19 0.03 100.0 0.3 02/09/15 3.70 Felda Global Ventures 121015 0.105 2.30 2.07 2.51 21.3 9.9 0.40 0.105 100.0 0.4 12/10/15 2.00 Felda Global Ventures 091215 0.085 2.40 2.07 2.66 28.3 8.1 0.275 0.085 40.0 0.6 09/12/15 3.00 Felda Global Ventures 310316 0.045 2.30 2.07 2.48 19.8 11.5 0.07 0.045 50.0 0.9 31/03/16 4.00 Gamuda 170915 0.155 4.80 5.23 5.73 9.6 5.6 0.155 0.14 40.0 0.4 17/09/15 6.00 Gamuda 300915 0.15 5.20 5.23 5.80 10.9 8.7 n.a. n.a. 100.0 0.4 30/09/15 4.00 Gamuda 011015 0.14 5.35 5.23 5.80 10.9 11.7 0.17 0.14 25.0 0.4 01/10/15 3.20 Gamuda 091015 0.15 4.90 5.23 5.65 8.0 7.0 n.a. n.a. 100.0 0.4 09/10/15 5.00 Gamuda 271115 0.15 4.88 5.23 6.08 16.3 4.4 0.15 0.15 40.0 0.6 27/11/15 8.00 Gamuda 301215 0.15 4.98 5.23 5.88 12.4 5.8 n.a. n.a. 40.0 0.7 30/12/15 6.00 Gamuda 290116 0.15 4.60 5.23 5.65 8.0 5.0 n.a. n.a. 40.0 0.7 29/01/16 7.00 Gas Malaysia 281015 0.15 3.48 2.67 3.93 47.2 5.9 n.a. n.a. 100.0 0.5 28/10/15 3.00 Gas Malaysia 311215 0.005 3.10 2.67 3.13 17.0 106.8 0.05 0.005 50.0 0.7 31/12/15 5.00 Gas Malaysia 290116 0.03 2.80 2.67 2.92 9.4 22.3 0.095 0.025 50.0 0.7 29/01/16 4.00

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GD Express 280915 0.07 1.635 1.60 1.85 15.3 7.6 0.15 0.065 100.0 0.4 28/09/15 3.00 Genting Bhd 010715 0.075 9.40 8.75 9.66 10.4 33.3 0.235 0.065 20.0 0.2 01/07/15 3.50 Genting Bhd 310715 0.05 9.50 8.75 9.90 13.1 21.9 0.135 0.02 100.0 0.2 31/07/15 8.00 Genting Bhd 271115 0.15 0.01 8.75 8.71 (0.5) 1.0 0.16 0.15 100.0 0.6 27/11/15 58.00 Genting Bhd 310316 0.10 8.60 8.75 9.60 9.7 8.8 0.14 0.07 50.0 0.9 31/03/16 10.00 Genting Malaysia 300915 0.10 4.30 4.30 4.70 9.3 10.8 0.10 0.10 100.0 0.4 30/09/15 4.00 Genting Malaysia 301015 0.115 3.80 4.30 4.49 4.4 6.2 0.12 0.065 50.0 0.5 30/10/15 6.00 Genting Plantations 300615 0.15 10.28 9.91 11.93 20.4 6.0 n.a. n.a. 100.0 0.2 30/06/15 11.00 Globetronics 120615 0.245 4.90 5.95 6.13 2.9 4.9 0.255 0.03 100.0 0.1 12/06/15 5.00 Globetronics 010715 0.58 4.60 5.95 6.05 1.7 4.1 0.635 0.14 20.0 0.2 01/07/15 2.50 Globetronics 280815 0.275 4.40 5.95 6.05 1.7 3.6 0.30 0.03 50.0 0.3 28/08/15 6.00 Globetronics 280915 0.135 4.78 5.95 6.13 3.0 4.4 0.16 0.03 100.0 0.4 28/09/15 10.00 Guocoland 131115 0.075 1.60 1.21 1.75 44.6 8.1 0.12 0.075 40.0 0.5 13/11/15 2.00 Hap Seng Consolidated 011015 0.31 4.20 4.62 4.94 7.0 6.2 0.32 0.275 30.0 0.4 01/10/15 2.40 Hap Seng Consolidated 290216 0.135 3.90 4.62 4.71 1.9 5.7 0.155 0.05 50.0 0.8 29/02/16 6.00 Hartalega 300615 0.405 5.70 8.16 8.13 (0.4) 3.4 0.47 0.125 50.0 0.2 30/06/15 6.00 Hartalega 271115 0.24 7.00 8.16 8.44 3.4 5.7 0.32 0.195 100.0 0.6 27/11/15 6.00 Hartalega 290116 0.15 7.48 8.16 8.68 6.4 6.8 n.a. n.a. 100.0 0.7 29/01/16 8.00 Hock Seng Lee 280815 0.06 1.88 1.84 2.06 12.0 10.2 0.135 0.055 100.0 0.3 28/08/15 3.00 Hong Leong Bank 280815 0.075 13.30 14.08 14.35 1.9 13.4 0.125 0.075 50.0 0.3 28/08/15 14.00 Hong Leong Bank 151215 0.13 14.00 14.08 15.95 13.3 7.2 0.13 0.12 40.0 0.6 15/12/15 15.00 Hong Leong Industries 010615 0.10 4.80 4.98 5.30 6.4 10.0 0.22 0.10 35.0 0.1 01/06/15 5.00 Hong Leong Industries 120615 0.01 6.16 4.98 6.22 24.8 96.9 0.315 0.01 100.0 0.1 12/06/15 5.14 Hong Leong Industries 170615 0.01 6.85 4.98 6.97 39.9 41.5 0.15 0.005 40.0 0.4 17/09/15 11.99 Hong Leong Industries 290116 - Put Warrant 0.145 4.08 4.98 2.63 47.2 3.4 0.145 0.14 100.0 0.7 29/01/16 10.00 Hong Leong Industries 290116 0.15 4.48 4.98 5.98 20.1 3.3 n.a. n.a. 100.0 0.7 29/01/16 10.00 Hong Leong Industries 100316 0.18 4.50 4.98 5.58 12.0 4.6 0.18 0.155 40.0 0.8 10/03/16 6.00 Hume Industries 290116 0.11 3.98 3.63 4.86 33.9 4.1 0.14 0.11 100.0 0.7 29/01/16 8.00 Icon Offshare 010715 0.005 1.47 0.575 1.48 157.4 57.5 0.04 0.005 35.0 0.2 01/07/15 2.00 Icon Offshare 131115 0.015 1.40 0.575 1.43 148.7 19.2 0.135 0.01 40.0 0.5 13/11/15 2.00 IHH Healthcare 300615 0.15 4.18 5.92 4.93 (16.7) 7.9 n.a. n.a. 100.0 0.2 30/06/15 5.00 IHH Healthcare 310715 0.16 4.30 5.92 4.94 (16.6) 9.3 0.225 0.135 50.0 0.2 31/07/15 4.00 IHH Healthcare 091015 0.175 4.80 5.92 5.50 (7.1) 8.5 0.175 0.155 100.0 0.4 09/10/15 4.00

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IHH Healthcare 070416 0.15 5.50 5.92 6.70 13.2 4.9 n.a. n.a. 40.0 0.9 07/04/16 8.00 IHH Healthcare 290416 0.095 6.00 5.92 6.57 11.0 10.4 0.10 0.07 50.0 1.0 29/04/16 6.00 IJM Corp 290515 0.22 6.30 7.33 7.40 1.0 6.7 0.23 0.095 50.0 0.1 29/05/15 5.00 IJM Corp 221015 0.185 6.50 7.33 7.61 3.8 6.6 0.185 0.185 100.0 0.5 22/10/15 6.00 IJM Corp 271115 0.18 6.70 7.33 7.78 6.1 6.8 0.18 0.155 100.0 0.6 27/11/15 6.00 IJM Corp 310516 0.15 7.88 7.33 8.33 13.6 16.3 n.a. n.a. 50.0 1.1 31/05/16 3.00 IJM Plantations 100316 0.145 3.70 3.58 4.28 19.6 6.2 0.15 0.13 40.0 0.8 10/03/16 4.00 Inari 070515 0.09 2.84 3.18 3.18 0.0 9.3 0.285 0.035 100.0 0.0 07/05/15 3.79 Inari 010615 0.16 2.462 3.18 3.22 1.2 4.2 0.22 0.055 35.0 0.1 01/06/15 4.73 Inari 010715 0.08 3.078 3.18 3.46 8.7 8.4 0.13 0.025 35.0 0.2 01/07/15 4.73 Inari 270815 0.05 3.106 3.18 3.39 6.6 11.2 0.185 0.02 100.0 0.2 28/07/15 5.68 Inari 301215 0.255 2.415 3.18 3.62 13.9 2.6 0.255 0.165 100.0 0.7 30/12/15 4.73 Inari 250116 0.14 3.30 3.18 4.00 25.8 4.5 0.19 0.14 100.0 0.7 25/01/16 5.00 Inari 280416 0.115 3.30 3.18 3.99 25.5 4.6 0.145 0.11 100.0 1.0 28/04/16 6.00 IOI Corp 310715 0.02 4.80 4.34 4.92 13.4 36.2 0.07 0.02 50.0 0.2 31/07/15 6.00 IOI Corp 310316 0.065 4.30 4.34 4.69 8.1 11.1 0.09 0.055 50.0 0.9 31/03/16 6.00 IOI Properties 221015 0.10 2.33 2.14 2.53 18.2 11.0 0.135 0.10 100.0 0.5 22/10/15 1.95 IOI Properties 301215 0.07 2.08 2.14 2.43 13.6 6.1 0.09 0.07 100.0 0.7 30/12/15 5.00 IOI Properties 311215 0.04 2.19 2.14 2.35 9.7 13.4 0.09 0.035 50.0 0.7 31/12/15 4.00 IOI Properties 100316 0.16 2.20 2.14 2.52 17.8 6.7 0.16 0.15 40.0 0.8 10/03/16 2.00 Jaya Tiasa 300615 0.15 2.08 1.62 2.53 56.2 3.6 n.a. n.a. 100.0 0.2 30/06/15 3.00 Jaya Tiasa 310316 0.15 1.80 1.62 2.10 29.6 5.4 n.a. n.a. 40.0 0.9 31/03/16 2.00 Karex 010915 0.19 2.83 3.02 3.24 7.2 7.5 0.255 0.145 35.0 0.3 01/09/15 2.13 Karex 280915 0.325 1.92 3.02 3.00 (0.6) 2.8 0.39 0.11 100.0 0.4 28/09/15 3.33 Karex 271115 0.235 2.47 3.02 3.25 7.6 3.9 0.25 0.15 100.0 0.6 27/11/15 3.33 Karex 290116 0.20 2.59 3.02 3.39 12.1 3.8 0.20 0.125 100.0 0.7 29/01/16 4.00 Karex 310316 0.08 3.00 3.02 3.27 8.2 11.3 0.10 0.03 40.0 0.9 31/03/16 3.33 Karex 280416 0.14 2.99 3.02 3.73 23.6 4.0 0.14 0.13 100.0 1.0 28/04/16 5.33 Keck Seng 281015 0.065 6.08 5.52 6.86 24.3 7.1 0.13 0.065 100.0 0.5 28/10/15 12.00 KNM Group 080715 0.01 0.822 0.64 0.84 31.4 33.1 0.40 0.005 40.0 0.2 08/07/15 1.93 KNM Group 310715 0.01 0.967 0.64 0.98 53.3 44.1 0.21 0.005 50.0 0.2 31/07/15 1.45 KNM Group 280815 0.015 1.044 0.64 1.07 67.7 22.1 0.12 0.005 100.0 0.3 28/08/15 1.93 KNM Group 170915 0.15 0.967 0.64 1.26 96.4 2.2 n.a. n.a. 40.0 0.4 17/09/15 1.93

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KNM Group 271115 0.045 0.851 0.64 0.92 43.1 9.8 0.07 0.015 100.0 0.6 27/11/15 1.45 KNM Group 301115 0.195 0.706 0.64 0.83 29.9 5.1 0.285 0.05 100.0 0.6 30/11/15 0.64 KNM Group 301115 - Put Warrant 0.15 0.561 0.64 0.46 27.5 6.6 0.315 0.115 100.0 0.6 30/11/15 0.64 KNM Group 111215 0.01 1.063 0.64 1.08 68.4 44.1 0.095 0.005 100.0 0.6 11/12/15 1.45 Kossan Rubber 010915 0.22 5.50 6.0 6.27 4.5 7.8 0.24 0.195 25.0 0.3 01/09/15 3.50 Kossan Rubber 111215 0.245 5.00 6.0 6.23 3.7 4.9 0.245 0.205 100.0 0.6 11/12/15 5.00 Kossan Rubber 290116 0.17 5.15 6.0 6.51 8.5 4.4 0.17 0.15 100.0 0.7 29/01/16 8.00 KPJ Healthcare 091015 0.125 3.80 4.26 4.43 3.9 6.8 0.125 0.11 100.0 0.4 09/10/15 5.00 Kretam 280715 0.01 0.58 0.45 0.60 32.2 30.0 0.095 0.01 100.0 0.2 28/07/15 1.50 KSL Holdings 010715 0.025 2.25 1.92 2.32 20.8 27.9 0.14 0.025 35.0 0.2 01/07/15 2.75 KSL Holdings 100915 0.105 2.50 1.92 2.82 46.6 6.1 0.165 0.105 100.0 0.3 10/09/15 3.00 KSL Holdings 100915 0.095 2.00 1.92 2.29 19.0 6.7 0.25 0.09 100.0 0.3 10/09/15 3.00 KSL Holdings 131115 0.055 2.25 1.92 2.44 27.2 10.0 0.15 0.055 40.0 0.5 13/11/15 3.50 Kuala Lumpur Kepong 290515 0.045 23.00 22.14 23.90 7.9 24.6 0.135 0.045 50.0 0.1 29/05/15 20.00 Kuala Lumpur Kepong 100316 0.17 22.00 22.14 28.80 30.1 3.3 0.17 0.17 40.0 0.8 10/03/16 40.00 Kulim 281015 0.115 2.717 2.60 3.22 24.0 5.1 0.135 0.065 100.0 0.5 28/10/15 4.41 Magnum 280815 0.02 2.85 2.73 2.92 7.0 39.0 0.09 0.01 50.0 0.3 28/08/15 3.50 Magnum 310516 0.15 2.80 2.73 2.95 8.1 18.2 n.a. n.a. 50.0 1.1 31/05/16 1.00 Mah Sing 280515 0.06 1.90 2.11 2.12 0.6 9.6 0.15 0.06 100.0 0.1 28/05/15 3.66 Mah Sing 301115 0.05 1.97 2.11 2.15 1.9 11.5 0.08 0.04 50.0 0.6 30/11/15 3.66 Mah Sing 301215 0.15 2.09 2.11 2.50 18.4 5.1 n.a. n.a. 50.0 0.7 30/12/15 2.74 Mah Sing 250116 0.15 2.10 2.11 2.40 13.7 7.0 n.a. n.a. 100.0 0.7 25/01/16 2.00 Mah Sing 310316 0.15 2.10 2.11 2.40 13.7 7.0 n.a. n.a. 40.0 0.9 31/03/16 2.00 Malaysia Airports 300915 0.06 7.10 6.45 7.61 17.9 12.6 0.10 0.035 50.0 0.4 30/09/15 8.51 Malaysia Airports 221015 0.20 6.62 6.45 7.57 17.3 6.8 0.215 0.20 100.0 0.5 22/10/15 4.73 Malaysia Airports 111215 0.115 7.00 6.45 7.87 22.1 7.4 0.145 0.115 100.0 0.6 11/12/15 7.57 Matrix Concepts 040615 0.205 2.67 3.16 3.21 1.7 5.8 0.315 0.04 40.0 0.1 04/06/15 2.67 Matrix Concepts 300915 0.07 3.18 3.16 3.53 11.7 9.0 0.095 0.06 100.0 0.4 30/09/15 5.00 Matrix Concepts 300915 0.10 3.05 3.16 3.45 9.2 7.9 0.15 0.06 100.0 0.4 30/09/15 4.00 Maxis 300615 0.105 6.68 6.94 7.31 5.3 11.0 0.15 0.105 100.0 0.2 30/06/15 6.00 Maxis 300915 0.145 6.70 6.94 7.57 9.1 8.0 0.165 0.145 100.0 0.4 30/09/15 6.00 Maxis 091015 0.14 6.70 6.94 7.54 8.6 8.3 0.14 0.14 100.0 0.4 09/10/15 6.00 Maxis 301015 0.205 5.75 6.94 6.98 0.6 5.6 0.205 0.115 50.0 0.5 30/10/15 6.00

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Maybank 010715 0.06 10.00 9.21 10.13 10.0 69.8 0.18 0.035 25.0 0.2 01/07/15 2.20 Maybank 310715 0.02 9.80 9.21 10.00 8.6 46.1 0.04 0.02 100.0 0.2 31/07/15 10.00 Maybank 021015 0.275 10.00 9.21 11.05 19.9 8.8 0.275 0.185 25.0 0.4 02/10/15 3.80 Maybank 021115 0.17 9.50 9.21 10.28 11.6 11.8 0.185 0.13 30.0 0.5 02/11/15 4.60 Maybank 131115 0.085 9.88 9.21 10.48 13.7 15.5 0.10 0.08 40.0 0.5 13/11/15 7.00 Maybank 290216 0.145 8.00 9.21 9.45 2.6 6.4 0.155 0.095 50.0 0.8 29/02/16 10.00 Maybank 310516 0.15 10.00 9.21 10.45 13.5 20.5 n.a. n.a. 50.0 1.1 31/05/16 3.00 Maybulk 091215 0.09 1.25 1.20 1.43 19.2 6.7 0.135 0.09 40.0 0.6 09/12/15 2.00 Maybulk 301215 0.145 1.20 1.20 1.49 24.2 4.1 0.215 0.14 100.0 0.7 30/12/15 2.00 Maybulk 150116 0.08 1.22 1.20 1.38 15.0 7.5 0.09 0.075 100.0 0.7 15/01/16 2.00 MBM Resources 290416 0.15 3.50 3.40 4.10 20.6 5.7 n.a. n.a. 100.0 1.1 21/06/16 4.00 MBSB 210815 0.05 2.50 2.08 2.65 27.4 13.9 0.065 0.045 100.0 0.3 21/08/15 3.00 MBSB 010915 0.07 2.45 2.08 2.61 25.5 12.9 0.07 0.065 35.0 0.3 01/09/15 2.30 Media Prima 290515 0.005 2.40 1.68 2.42 43.8 112.0 0.11 0.005 50.0 0.1 29/05/15 3.00 MISC 080715 0.295 6.40 9.15 9.35 2.2 3.1 0.295 0.14 40.0 0.2 08/07/15 10.00 MISC 280815 0.41 6.15 9.15 9.02 (1.4) 3.2 0.41 0.15 50.0 0.3 28/08/15 7.00 MISC 010915 0.42 8.00 9.15 9.89 8.1 4.8 0.42 0.275 25.0 0.3 01/09/15 4.50 MISC 310316 0.185 8.00 9.15 9.85 7.7 4.9 0.185 0.155 50.0 0.9 31/03/16 10.00 MISC 310316 0.185 8.30 9.15 10.34 13.0 4.5 0.185 0.17 40.0 0.9 31/03/16 11.00 MKH Berhad 310715 0.005 3.60 2.59 3.63 40.0 103.6 0.21 0.005 50.0 0.2 31/07/15 5.00 MKH Berhad 290416 0.15 2.90 2.59 3.35 29.3 5.8 n.a. n.a. 100.0 1.0 29/04/16 3.00 MMC Corp 280115 0.15 3.18 2.69 3.78 40.5 4.5 n.a. n.a. 100.0 0.3 11/08/15 4.00 MMC Corp 110815 0.105 2.50 2.69 2.92 8.6 6.4 0.145 0.065 40.0 0.3 11/08/15 4.00 MMC Corp 091015 0.13 2.40 2.69 2.92 8.6 5.2 0.135 0.13 100.0 0.4 09/10/15 4.00 MMC Corp 271115 0.07 2.58 2.69 2.93 8.9 7.7 0.09 0.07 100.0 0.6 27/11/15 5.00 MMC Corp 311215 0.125 2.20 2.69 2.83 5.0 4.3 0.14 0.075 50.0 0.7 31/12/15 5.00 MMHE 271115 0.01 2.38 1.22 2.41 97.5 40.7 0.07 0.005 100.0 0.6 27/11/15 3.00 MMHE 290416 0.095 1.25 1.22 1.44 18.0 6.4 0.125 0.095 50.0 1.0 29/04/16 2.00 MPHB Capital 080715 0.045 2.00 1.90 2.18 14.7 10.6 0.22 0.04 40.0 0.2 08/07/15 4.00 MPHB Capital 280815 0.025 2.30 1.90 2.39 25.7 21.7 0.17 0.025 50.0 0.3 28/08/15 3.50 MPHB Capital 301115 - Put Warrant 0.21 1.98 1.90 1.67 12.4 6.0 0.30 0.20 100.0 0.6 30/11/15 1.50 MPHB Capital 301115 0.15 2.28 1.90 2.51 31.8 8.4 n.a. n.a. 100.0 0.6 30/11/15 1.50 MPHB Capital 290216 0.15 2.00 1.90 2.45 28.9 4.2 n.a. n.a. 100.0 0.8 29/02/16 3.00

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MPHB Capital 310516 0.15 2.30 1.90 2.45 28.9 12.7 n.a. n.a. 50.0 1.1 31/05/16 1.00 MRCB 110815 0.045 1.70 1.32 1.84 39.0 9.8 0.135 0.04 40.0 0.3 11/08/15 3.00 MRCB 121015 0.125 1.50 1.32 1.75 32.6 5.3 0.15 0.115 50.0 0.4 12/10/15 2.00 MRCB 271115 0.08 1.38 1.32 1.54 16.7 8.3 0.15 0.045 100.0 0.6 27/11/15 2.00 MRCB 111215 0.20 1.25 1.32 1.65 25.0 3.3 0.20 0.20 100.0 0.6 11/12/15 2.00 MRCB 301215 0.15 1.08 1.32 1.38 4.5 4.4 n.a. n.a. 50.0 0.7 30/12/15 2.00 MRCB 290116 0.185 1.00 1.32 1.37 3.8 3.6 0.255 0.15 50.0 0.7 29/01/16 2.00 MRCB 310516 0.15 1.50 1.32 1.65 25.0 8.8 n.a. n.a. 50.0 1.1 31/05/16 1.00 MSM Malaysia 301215 0.125 4.68 5.22 5.43 4.0 7.0 0.145 0.095 100.0 0.7 30/12/15 6.00 Mudajaya 300915 0.01 2.10 1.41 2.12 50.4 70.5 0.075 0.005 100.0 0.4 30/09/15 2.00 Muhibbah Engineering 080715 0.01 2.90 2.51 2.95 17.5 50.2 0.26 0.005 40.0 0.2 08/07/15 5.00 Muhibbah Engineering 310715 0.01 3.00 2.51 3.06 21.9 41.8 0.15 0.005 50.0 0.2 31/07/15 6.00 Muhibbah Engineering 280815 0.01 3.28 2.51 3.34 33.1 41.8 0.02 0.005 100.0 0.3 18/08/15 6.00 My E.G. Services 280715 0.335 1.54 2.53 2.55 0.6 2.5 0.515 0.09 100.0 0.2 28/07/15 3.00 My E.G. Services 030815 0.08 2.70 2.53 3.02 19.4 7.9 0.185 0.06 50.0 0.2 03/08/15 4.00 My E.G. Services 100915 0.225 2.05 2.53 2.73 7.7 3.7 0.37 0.165 100.0 0.3 10/09/15 3.00 My E.G. Services 021115 0.12 3.00 2.53 3.41 34.7 6.2 0.14 0.085 35.0 0.5 02/11/15 3.40 My E.G. Services 091215 0.115 2.60 2.53 2.95 16.4 7.3 0.255 0.08 40.0 0.6 09/12/15 3.00 My E.G. Services 150116 0.085 2.80 2.53 3.14 24.1 7.4 0.135 0.055 100.0 0.7 15/01/16 4.00 My E.G. Services 290116 0.215 2.00 2.53 2.75 8.8 3.4 0.35 0.04 50.0 0.7 29/01/16 3.50 Padini 280815 0.01 1.85 1.40 1.88 34.3 46.7 0.105 0.005 50.0 0.3 28/08/15 3.00 Parkson 300615 0.005 2.924 2.15 2.94 36.9 112.9 0.11 0.005 100.0 0.2 30/06/15 3.81 Parkson 310516 0.15 2.30 2.15 2.60 20.9 7.2 n.a. n.a. 50.0 1.1 31/05/16 2.00 Perdana Petroleum 070515 0.005 2.00 1.36 2.02 48.5 68.0 0.075 0.005 100.0 0.0 07/05/15 4.00 Perdana Petroleum 280815 0.01 1.78 1.36 1.82 33.8 34.0 0.095 0.005 100.0 0.3 28/08/15 4.00 Perdana Petroleum 281015 0.04 1.58 1.36 1.74 27.9 8.5 0.105 0.025 100.0 0.5 28/10/15 4.00 Perdana Petroleum 301115 0.07 1.58 1.36 1.72 26.5 9.7 0.10 0.03 100.0 0.6 30/11/15 2.00 Perdana Petroleum 301115 - Put Warrant 0.195 1.28 1.36 0.89 34.6 3.5 0.23 0.15 100.0 0.6 30/11/15 2.00 Perisai Petroleum 310715 0.005 1.55 0.55 1.56 183.6 55.0 0.115 0.005 50.0 0.2 31/07/15 2.00 Perisai Petroleum 281015 0.01 1.28 0.55 1.30 136.4 27.5 0.02 0.005 100.0 0.5 28/10/15 2.00 Petronas Chemicals 300615 0.015 6.40 5.87 6.48 10.3 78.3 0.09 0.005 50.0 0.2 30/06/15 5.00 Petronas Chemicals 310715 0.06 6.30 5.87 6.66 13.5 16.3 0.06 0.015 100.0 0.2 31/07/15 6.00 Petronas Chemicals 290416 0.015 5.40 5.87 5.48 (6.7) 78.3 0.09 0.005 50.0 1.0 29/04/16 5.00

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Petronas Dagangan 120615 0.15 20.50 21.40 23.50 9.8 7.1 0.185 0.15 100.0 0.4 12/09/15 20.00 Petronas Dagangan 301015 0.13 18.00 21.40 21.90 2.3 5.5 0.165 0.015 50.0 0.5 30/10/15 30.00 Petronas Dagangan 271115 0.12 20.88 21.40 23.88 11.6 7.1 0.12 0.12 100.0 0.6 27/11/15 25.00 Petronas Gas 100915 0.11 21.50 22.72 24.25 6.7 8.3 0.125 0.08 100.0 0.3 10/09/15 25.00 Petronas Gas 301015 0.10 20.50 22.72 23.50 3.4 7.6 0.115 0.06 50.0 0.5 30/10/15 30.00 POS Malaysia 290515 0.13 4.45 5.09 5.10 0.2 7.8 0.225 0.065 50.0 0.1 29/05/15 5.00 POS Malaysia 301215 0.16 4.80 5.09 5.60 10.0 6.4 0.16 0.16 100.0 0.7 30/12/15 5.00 POS Malaysia 250116 0.15 5.10 5.09 6.00 17.9 5.7 n.a. n.a. 100.0 0.7 25/01/16 6.00 POS Malaysia 310316 0.15 5.00 5.09 5.90 15.9 5.7 n.a. n.a. 40.0 0.9 31/03/16 6.00 POS Malaysia 310516 0.15 5.50 5.09 5.95 16.9 11.3 n.a. n.a. 50.0 1.1 31/05/16 3.00 Press Metal 210815 0.115 2.80 2.83 3.26 15.2 6.2 0.30 0.115 100.0 0.0 21/05/15 4.00 Press Metal 280515 0.26 1.79 2.83 2.83 0.0 2.7 0.50 0.135 100.0 0.1 28/05/15 4.00 Press Metal 040615 0.49 1.75 2.83 3.22 13.8 1.9 0.70 0.18 40.0 0.1 04/06/15 3.00 Press Metal 280715 0.13 2.24 2.83 2.89 2.1 4.4 0.335 0.085 100.0 0.2 28/07/15 5.00 Press Metal 170915 0.01 3.75 2.83 3.82 35.0 40.4 0.15 0.01 40.0 0.4 17/09/15 7.00 Press Metal 021115 0.09 3.60 2.83 3.92 38.3 9.0 0.12 0.09 25.0 0.5 02/11/15 3.50 Press Metal 290116 0.135 2.68 2.83 3.36 18.6 4.2 0.23 0.135 100.0 0.7 29/01/16 5.00 Press Metal 310316 0.085 3.30 2.83 3.81 34.6 5.5 0.15 0.08 40.0 0.9 31/03/16 6.00 Public Bank 300615 0.025 19.091 19.48 19.58 0.5 40.2 0.20 0.005 50.0 0.2 30/06/15 19.38 Public Bank 010715 0.255 18.50 19.48 20.29 4.1 10.9 0.265 0.09 35.0 0.2 01/07/15 7.00 Public Bank 271115 0.20 0.01 19.48 20.01 2.7 1.0 n.a. n.a. 100.0 0.6 27/11/15 100.00 Puncak Niaga 280416 0.10 2.68 2.59 3.18 22.8 5.2 0.115 0.10 100.0 1.0 28/04/16 5.00 QL Resources 210815 0.15 3.30 3.99 4.05 1.5 5.3 n.a. n.a. 100.0 0.3 21/08/15 5.00 QL Resources 301015 0.215 3.10 3.99 4.18 4.6 3.7 0.215 0.125 50.0 0.5 30/10/15 5.00 RHB Capital 210815 0.15 9.20 7.90 10.40 31.6 6.6 n.a. n.a. 100.0 0.3 21/08/15 8.00 RHB Capital 121015 0.13 7.80 7.90 8.45 7.0 12.2 0.175 0.115 100.0 0.4 12/10/15 5.00 SapuraKencana Petroleum 070515 0.005 4.50 2.66 4.53 70.1 106.4 0.13 0.005 100.0 0.0 07/05/15 5.00 SapuraKencana Petroleum 200515 0.005 4.50 2.66 4.53 70.1 106.4 0.125 0.005 100.0 0.0 20/05/15 5.00 SapuraKencana Petroleum 300615 0.005 4.00 2.66 4.03 51.3 106.4 0.18 0.005 50.0 0.2 30/06/15 5.00 SapuraKencana Petroleum 010715 0.03 3.20 2.66 3.28 23.2 34.1 0.145 0.015 25.0 0.2 01/07/15 2.60 SapuraKencana Petroleum 310715 0.005 4.20 2.66 4.23 58.8 106.4 0.035 0.005 100.0 0.2 31/07/15 5.00 SapuraKencana Petroleum 280815 0.005 4.18 2.66 4.22 58.5 76.0 0.055 0.005 100.0 0.3 28/08/15 7.00 SapuraKencana Petroleum 010915 0.025 5.00 2.66 5.13 92.7 21.3 0.055 0.025 35.0 0.3 01/09/15 5.00

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SapuraKencana Petroleum 011015 0.245 2.40 2.66 2.99 12.3 4.5 0.295 0.16 30.0 0.4 01/10/15 2.40 SapuraKencana Petroleum 221015 0.125 2.50 2.66 3.00 12.8 5.3 0.21 0.07 100.0 0.5 22/10/15 4.00 SapuraKencana Petroleum 281015 0.03 3.48 2.66 3.66 37.6 14.8 0.125 0.015 100.0 0.5 28/10/15 6.00 SapuraKencana Petroleum 131115 0.15 3.80 2.66 4.55 71.1 3.5 n.a. n.a. 40.0 0.5 13/11/15 5.00 SapuraKencana Petroleum 301115 0.075 3.18 2.66 3.41 28.0 11.8 0.225 0.035 100.0 0.6 30/11/15 3.00 SapuraKencana Petroleum 301115 - Put Warrant 0.17 2.68 5.10 2.17 57.5 10.0 0.305 0.145 100.0 0.6 30/11/15 3.00 SapuraKencana Petroleum 111215 0.12 3.00 2.66 3.48 30.8 5.5 0.12 0.08 100.0 0.6 11/12/15 4.00 SapuraKencana Petroleum 151215 0.075 2.80 2.66 3.18 19.4 7.1 0.13 0.015 40.0 0.6 15/12/15 5.00 SapuraKencana Petroleum 310316 0.115 2.60 2.66 3.06 15.0 5.8 0.13 0.055 50.0 0.9 31/03/16 4.00 Sarawak Oil Palms 281015 0.07 5.68 4.95 6.38 28.9 7.1 0.07 0.07 100.0 0.5 28/10/15 10.00 Scientex 280515 0.23 5.68 6.65 7.98 20.0 2.9 0.26 0.14 100.0 0.1 28/05/15 10.00 Scientex 271115 0.145 6.90 6.65 8.06 21.2 5.7 0.15 0.145 100.0 0.6 27/11/15 8.00 Scomi Energy 210415 0.15 1.08 0.45 1.38 206.7 1.5 n.a. n.a. 100.0 0.4 28/09/15 2.00 Scomi Energy 301215 0.10 0.68 0.45 0.79 75.6 4.1 0.145 0.10 100.0 0.7 30/12/15 1.10 Scomi Energy 290216 0.15 0.51 0.45 0.66 46.7 3.0 n.a. n.a. 100.0 0.8 29/02/16 1.00 Scomi Energy 070416 0.075 0.50 0.45 0.58 27.8 6.0 0.145 0.075 40.0 0.9 07/04/16 1.00 Sunway Bhd 271115 0.15 3.18 3.79 3.93 3.7 5.1 n.a. n.a. 100.0 0.6 27/11/15 5.00 Sunway Bhd 301215 0.15 3.28 3.79 3.88 2.4 6.3 n.a. n.a. 100.0 0.7 30/12/15 4.00 Supermax 011215 0.15 2.25 2.02 2.61 29.2 5.6 n.a. n.a. 35.0 0.6 01/12/15 2.40 7-Eleven Malaysia 280915 0.05 1.78 1.66 1.98 19.3 8.3 0.125 0.03 100.0 0.4 28/09/15 4.00 7-Eleven Malaysia 280915 0.025 2.08 1.66 2.18 31.3 16.6 0.08 0.015 100.0 0.4 28/09/15 4.00 7-Eleven Malaysia 300915 0.05 1.70 1.66 1.85 11.4 11.1 0.10 0.02 50.0 0.4 30/09/15 3.00 7-Eleven Malaysia 290216 0.15 1.75 1.66 2.20 32.5 3.7 n.a. n.a. 100.0 0.8 29/02/16 3.00 7-Eleven Malaysia 280416 0.15 1.58 1.66 1.96 17.8 4.4 n.a. n.a. 100.0 1.0 28/04/16 2.50 Sime Darby 271115 0.15 0.01 9.06 8.41 (7.2) 1.1 n.a. n.a. 100.0 0.6 27/11/15 56.00 Sime Darby 290216 0.095 8.50 9.06 9.45 4.3 9.5 0.115 0.085 50.0 0.8 29/02/16 10.00 SP Setia 301115 - Put Warrant 0.11 2.88 3.41 2.55 25.2 10.3 0.15 0.11 100.0 0.6 30/11/15 3.00 SP Setia 301115 0.265 3.18 3.41 3.98 16.6 4.3 0.27 0.23 100.0 0.6 30/11/15 3.00 SP Setia 290216 0.09 3.20 3.41 3.65 7.0 7.6 0.095 0.09 50.0 0.8 29/02/16 5.00 SP Setia 070416 0.15 3.40 3.41 4.00 17.3 5.7 n.a. n.a. 40.0 0.9 07/04/16 4.00 Star Publications 301115 0.09 2.28 2.49 2.64 6.0 6.9 0.10 0.085 50.0 0.6 30/11/15 4.00 Sunway Bhd 290515 0.22 3.10 3.79 3.76 (0.8) 5.7 0.225 0.08 50.0 0.1 29/05/15 3.00 Sunway Bhd 300615 0.13 3.00 3.79 3.52 (7.1) 7.3 0.17 0.125 100.0 0.2 30/06/15 4.00

34




Sunway Bhd 210815 0.19 3.30 3.79 3.97 4.6 5.7 0.19 0.145 100.0 0.3 21/08/15 3.50 Supermax 120615 0.03 2.40 2.02 2.49 23.3 22.4 0.115 0.015 100.0 0.1 12/06/15 3.00 Supermax 010715 0.025 2.50 2.02 2.53 25.0 80.8 0.285 0.015 20.0 0.2 01/07/15 1.00 Supermax 110815 0.05 2.30 2.02 2.50 23.8 10.1 0.13 0.04 40.0 0.3 11/08/15 4.00 Supermax 110815 0.05 2.30 2.02 2.50 23.8 10.1 0.13 0.04 40.0 0.3 11/08/15 4.00 Supermax 300915 0.055 2.15 2.02 2.32 14.6 12.2 0.155 0.025 50.0 0.4 30/09/15 3.00 Supermax 290116 0.125 2.18 2.02 2.56 26.5 5.4 0.135 0.095 100.0 0.7 29/01/16 3.00 TA Enterprise 040615 0.005 0.80 0.71 0.81 13.4 142.0 0.345 0.005 40.0 0.1 04/06/15 1.00 TA Enterprise 010715 0.01 0.90 0.71 0.91 28.3 64.5 0.07 0.01 35.0 0.2 01/07/15 1.10 TA Enterprise 280715 0.02 0.98 0.71 1.01 42.3 23.7 0.165 0.02 100.0 0.2 28/07/15 1.50 TA Enterprise 110815 0.015 1.00 0.71 1.02 44.0 31.6 0.015 0.015 40.0 0.3 11/08/15 1.50 TA Global 080715 0.02 0.35 0.32 0.36 12.5 32.0 0.28 0.02 40.0 0.2 08/07/15 0.50 Telekom Malaysia 300615 0.255 6.10 7.41 7.38 (0.5) 5.8 0.285 0.08 50.0 0.2 30/06/15 5.00 Telekom Malaysia 010915 0.50 6.60 7.41 7.60 2.6 7.4 0.65 0.29 15.0 0.3 01/09/15 2.00 Telekom Malaysia 091015 0.195 6.80 7.41 7.78 4.9 7.6 0.235 0.13 100.0 0.4 09/10/15 5.00 Telekom Malaysia 151215 0.22 6.40 7.41 7.72 4.2 5.6 0.245 0.155 40.0 0.6 15/12/15 6.00 Telekom Malaysia 290416 0.155 7.00 7.41 7.78 4.9 9.6 0.165 0.145 50.0 1.0 29/04/16 5.00 Tenaga Nasional 040615 0.175 12.00 14.36 14.63 1.8 5.5 0.24 0.09 40.0 0.1 04/06/15 15.00 Tenaga Nasional 300615 0.175 12.18 14.36 14.81 3.1 5.5 0.19 0.11 100.0 0.2 30/06/15 15.00 Tenaga Nasional 030815 0.275 13.00 14.36 14.93 3.9 7.5 0.445 0.235 25.0 0.2 03/08/15 7.00 Tenaga Nasional 210815 0.19 12.50 14.36 15.35 6.9 5.0 0.215 0.13 100.0 0.3 21/08/15 15.00 Tenaga Nasional 011015 0.175 15.80 14.36 17.11 19.2 10.9 0.18 0.175 20.0 0.4 01/10/15 7.50 Tenaga Nasional 271115 0.205 0.01 14.36 14.77 2.9 1.0 0.205 0.19 100.0 0.6 27/11/15 72.00 Tenaga Nasional 311215 0.08 13.80 14.36 15.00 4.5 12.0 0.135 0.055 50.0 0.7 31/12/15 15.00 Tenaga Nasional 290116 - Put Warrant 0.15 13.68 14.36 11.43 20.4 6.4 0.15 0.11 100.0 0.7 29/01/16 15.00 Tenaga Nasional 290116 0.135 13.98 14.36 16.01 11.5 7.1 0.17 0.115 50.0 0.7 29/01/16 15.00 TDM 300915 0.025 0.88 0.78 0.93 19.2 15.6 0.095 0.02 100.0 0.4 30/09/15 2.00 TH Plantations 281015 0.15 1.58 1.57 2.18 38.9 2.6 n.a. n.a. 100.0 10.5 28/10/25 4.00 TH Plantations 100316 0.15 1.60 1.57 1.90 21.0 5.2 n.a. n.a. 40.0 0.8 10/03/16 2.00 Time Dotcom 311215 0.19 4.60 6.10 6.12 0.3 4.0 0.19 0.15 50.0 0.7 31/12/15 8.00 Time Dotcom 070416 0.185 5.70 6.10 7.18 17.7 4.1 0.185 0.16 40.0 0.9 07/04/16 8.00 Top Glove 290116 0.17 4.98 5.60 6.00 7.1 5.5 0.205 0.14 100.0 0.7 29/01/16 6.00 Tropicana Corp 080715 0.005 1.48 1.09 1.49 36.7 109.0 0.095 0.005 40.0 0.2 08/07/15 2.00

35




Tropicana Corp 121015 0.15 1.15 1.09 1.30 19.3 7.3 0.17 0.11 100.0 0.4 12/10/15 1.00 Tropicana Corp 310316 0.11 1.00 1.09 1.22 11.9 5.0 0.155 0.11 40.0 0.9 31/03/16 2.00 TSH Resources 091015 0.15 2.30 2.26 2.60 15.0 7.5 n.a. n.a. 100.0 0.4 09/10/15 2.00 TSH Resources 281015 0.08 2.253 2.26 2.57 13.9 7.1 0.095 0.08 100.0 0.5 28/10/15 4.00 Tune Ins Holdings 271115 0.18 1.70 1.82 2.06 13.2 5.1 0.18 0.18 100.0 0.6 27/11/15 2.00 Tune Ins Holdings 290216 0.13 1.70 1.82 2.09 14.8 4.7 0.16 0.12 50.0 0.8 29/02/16 3.00 UEM Edgenta 131115 0.185 3.076 3.62 3.77 4.0 5.2 0.215 0.04 40.0 0.5 13/11/15 3.73 UEM Edgenta 290216 0.185 3.40 3.62 4.14 14.4 4.9 0.185 0.185 100.0 0.8 29/02/16 4.00 UEM Sunrise 300715 0.005 1.85 1.29 1.87 44.6 86.0 0.08 0.005 100.0 0.2 31/07/15 3.00 UEM Sunrise 170915 0.15 2.00 1.29 2.30 78.3 4.3 n.a. n.a. 40.0 0.4 17/09/15 2.00 UEM Sunrise 300915 0.01 1.88 1.29 1.91 47.7 51.6 0.10 0.01 50.0 0.4 30/09/15 2.50 UEM Sunrise 300915 0.02 2.00 1.29 2.04 58.1 32.3 0.025 0.015 100.0 0.4 30/09/15 2.00 UEM Sunrise 121015 0.09 1.40 1.29 1.58 22.5 7.2 0.11 0.09 100.0 0.4 12/10/15 2.00 UEM Sunrise 271115 0.025 1.78 1.29 1.86 43.8 17.2 0.035 0.02 100.0 0.6 27/11/15 3.00 UEM Sunrise 301215 0.11 1.25 1.29 1.47 14.0 5.9 0.155 0.11 100.0 0.7 30/12/15 2.00 UEM Sunrise 100316 0.15 1.50 1.29 1.80 39.5 4.3 n.a. n.a. 40.0 0.8 10/03/16 2.00 UEM Sunrise 300316 0.04 1.20 1.29 1.32 2.3 10.8 0.04 0.035 50.0 0.9 31/03/16 3.00 UMW Holdings 290515 0.05 10.80 10.64 11.30 6.2 21.3 0.19 0.03 50.0 0.1 29/05/15 10.00 UMW Holdings 151215 0.14 11.00 10.64 12.40 16.5 7.6 0.20 0.12 40.0 0.6 15/12/15 10.00 UMW Holdings 310516 0.15 11.30 10.64 12.05 13.3 14.2 n.a. n.a. 50.0 1.1 31/05/16 5.00 UMW Oil & Gas 011015 0.105 2.50 2.19 2.85 30.0 6.3 0.15 0.10 35.0 0.4 01/10/15 3.30 UMW Oil & Gas 281015 0.035 3.08 2.19 3.26 48.6 12.5 0.155 0.025 100.0 0.5 28/10/15 5.00 UMW Oil & Gas 301115 0.155 3.20 2.19 3.82 74.4 3.5 0.155 0.13 100.0 0.6 30/11/15 4.00 UMW Oil & Gas 301115 - Put Warrant 0.20 2.88 2.19 2.08 5.0 2.7 0.275 0.14 100.0 0.6 30/11/15 4.00 UMW Oil & Gas 111215 0.15 3.00 2.19 3.60 64.4 3.7 n.a. n.a. 100.0 0.6 11/12/15 4.00 UMW Oil & Gas 151215 0.025 2.80 2.19 2.93 33.6 17.5 0.095 0.02 40.0 0.6 15/12/15 5.00 UMW Oil & Gas 290116 0.09 2.20 2.19 2.56 16.9 6.1 0.215 0.09 50.0 0.7 29/01/16 4.00 Unisem 010915 0.16 2.20 2.39 2.68 12.1 5.0 0.195 0.125 35.0 0.3 01/09/15 3.00 Unisem 111215 0.265 2.00 2.39 2.80 16.9 3.0 0.28 0.165 100.0 0.6 11/12/15 3.00 Unisem 111215 0.15 2.20 2.39 2.50 4.6 8.0 n.a. n.a. 100.0 0.6 11/12/15 2.00 Unisem 290116 0.135 2.08 2.39 2.62 9.6 4.4 0.19 0.095 100.0 0.7 29/01/16 4.00 Unisem 280416 0.11 2.28 2.39 2.83 18.4 4.3 0.155 0.11 100.0 1.0 28/04/16 5.00

36




United Plantations 281015 0.15 27.08 25.90 33.08 27.7 4.3 n.a. n.a. 100.0 0.5 28/10/15 40.00 UOA Development 300615 0.075 2.00 2.26 2.15 (4.9) 15.1 0.175 0.045 50.0 0.2 30/06/15 2.00 UOA Development 271115 0.11 2.08 2.26 2.41 6.6 6.8 0.125 0.095 100.0 0.6 27/11/15 3.00 UOA Development 301115 - Put Warrant 0.115 1.78 2.26 1.55 31.4 9.8 0.165 0.115 100.0 0.6 30/11/15 2.00 UOA Development 301115 0.15 1.98 2.26 2.28 0.9 7.5 n.a. n.a. 100.0 0.6 30/11/15 2.00 UOA Development 301215 0.12 2.08 2.26 2.44 8.0 6.3 0.12 0.115 100.0 0.7 30/12/15 3.00 UOA Development 250116 0.15 2.10 2.26 2.40 6.2 7.5 n.a. n.a. 100.0 0.7 25/01/16 2.00 Wah Seong 110815 0.025 1.88 1.32 1.96 48.1 17.6 0.10 0.025 40.0 0.3 11/08/15 3.00 Wah Seong 301015 0.01 1.64 1.32 1.67 26.5 44.0 0.07 0.005 50.0 0.5 30/10/15 3.00 Wah Seong 271115 0.03 1.58 1.32 1.67 26.5 14.7 0.035 0.03 100.0 0.6 27/11/15 3.00 WCT Holdings 300615 0.015 2.10 1.83 2.13 16.4 61.0 0.19 0.005 50.0 0.2 30/06/15 2.00 WCT Holdings 111215 0.15 1.70 1.83 2.00 9.3 6.1 0.15 0.08 100.0 0.6 11/12/15 2.00 WCT Holdings 151215 0.13 1.80 1.83 2.06 12.6 7.0 0.145 0.07 40.0 0.6 15/12/15 2.00 WCT Holdings 150116 0.175 1.60 1.83 1.95 6.6 5.2 0.19 0.165 100.0 0.7 15/01/16 2.00 WCT Holdings 290216 0.15 1.43 1.83 1.88 2.7 4.1 0.155 0.075 50.0 0.8 29/02/16 3.00 Westports 100915 0.325 3.10 4.50 4.24 (5.8) 4.0 0.36 0.135 100.0 0.3 10/09/15 3.50 Westports 221015 0.22 3.30 4.50 3.96 (12.0) 6.8 0.225 0.165 100.0 0.5 22/10/15 3.00 Westports 131115 0.19 3.00 4.50 3.76 (16.4) 5.9 0.19 0.18 40.0 0.5 13/11/15 4.00 Westports 301115 0.305 2.70 4.50 3.92 (12.9) 3.7 0.305 0.19 50.0 0.6 30/11/15 4.00 Westports 290416 0.28 3.70 4.50 4.54 0.9 5.4 0.30 0.175 50.0 1.0 29/04/16 3.00 Yinson 210815 0.105 2.60 2.91 3.13 7.4 5.5 0.16 0.10 100.0 0.3 21/08/15 5.00 Yinson 150116 0.15 2.70 2.91 3.15 8.2 6.5 0.18 0.14 100.0 0.7 15/01/16 3.00 Yinson 310316 0.15 2.80 2.91 3.40 16.8 4.9 n.a. n.a. 40.0 0.9 31/03/16 4.00 Yinson 011215 0.155 3.00 2.91 3.47 19.1 6.3 0.155 0.155 25.0 0.6 01/12/15 3.00 YTL Corp 300615 0.105 1.50 1.67 1.71 2.4 8.0 0.12 0.085 100.0 0.2 30/06/15 2.00 YTL Corp 030815 0.07 1.65 1.67 1.81 8.4 10.4 0.12 0.055 35.0 0.2 03/08/15 2.30 YTL Corp 131115 0.125 1.60 1.67 1.85 10.8 6.7 0.155 0.095 40.0 0.5 13/11/15 2.00 YTL Power 310715 0.105 1.40 1.60 1.61 0.6 7.6 0.155 0.075 50.0 0.2 31/07/15 2.00 YTL Power 100915 0.105 1.50 1.60 1.66 3.6 10.2 0.165 0.09 100.0 0.3 10/09/15 1.50 YTL Power 091215 0.10 1.55 1.60 1.75 9.4 8.0 0.10 0.095 40.0 0.6 09/12/15 2.00 YTL Power 290116 0.15 1.48 1.60 1.78 11.3 5.3 n.a. n.a. 100.0 0.7 29/01/16 2.00 Zhulian 300915 0.06 2.48 2.05 2.78 35.6 6.8 0.10 0.06 100.0 0.4 30/09/15 5.00

37



Covered Warrants – Overseas 30 Apr 15 Warrant Exercise Share Conversion Warrant Warrant 52-Week Issue Years Conversion Price Price Price Price Premium Gearing High Low Size To Run Expiry Ratio (RM) (RM) (RM) (RM) (%) (x) (RM) (RM) (m) (Wrt : 1 Shr)

Apple 271115 (a) 0.245 100.00 125.15 134.31 7.3 3.6 0.30 0.215 40.0 0.6 27/11/15 500 Bank Of America 020715 (a) 0.135 15.50 15.93 18.15 13.9 6.0 0.17 0.095 40.0 0.2 02/07/15 70 Citigroup 271115 (a) 0.18 48.00 53.32 51.53 (3.4) 15.1 0.22 0.18 200.0 0.6 27/11/15 70 DBS Group 161115 (b) 0.18 19.50 21.09 21.71 2.9 9.6 0.18 0.18 40.0 0.5 16/11/15 33.0 Energy Slect Sector SPDR @ Fund 161115 (a) 0.15 85.00 24.02 94.87 295.0 2.4 n.a. n.a. 40.0 0.5 16/11/15 235 Facebook 271115 (a) 0.155 70.00 78.77 91.71 16.4 3.6 0.18 0.145 40.0 0.6 27/11/15 500 Facebook 290216 (a) 0.14 75.88 78.77 99.41 26.2 3.3 0.14 0.14 100.0 0.8 29/02/16 600 Genting Singapore 020715 (b) 0.005 1.33 1.025 1.34 30.3 183.9 0.14 0.005 40.0 0.2 02/07/15 3.0 Google 070715 (a) 0.08 550.00 537.34 608.26 13.2 9.2 0.175 0.075 40.0 0.2 02/07/15 2,600 Google 271115 (a) 0.22 500.00 537.34 613.99 14.3 4.7 0.225 0.215 40.0 0.6 27/11/15 1,850 Google 290216 (a) 0.115 548.88 537.34 645.51 20.1 5.6 0.115 0.115 100.0 0.8 29/02/16 3,000 Hutchison 161115 (c) 0.20 105.00 114.20 126.71 11.0 5.3 0.215 0.185 40.0 0.5 16/11/15 50 Ishare@ Silver Trust 290216 (a) 0.08 16.88 15.43 19 21.0 8.6 0.10 0.075 100.0 0.8 29/02/16 80 ICBC 161115 (c) 0.15 5.60 6.74 6.25 (7.3) 10.4 n.a. n.a. 40.0 0.5 16/11/15 2 Keppel Corp 161115 (b) 0.19 9.00 8.72 10.13 16.2 7.7 0.19 0.17 40.0 0.5 16/11/15 16.0 Lenovo Group 020715 (c) 0.14 10.00 13.40 11.82 (11.8) 7.3 0.26 0.125 40.0 0.2 02/07/15 6 Petrochina 020715 (c) 0.14 9.80 9.96 11.32 13.6 6.6 0.17 0.075 40.0 0.5 13/11/15 5 Powershars DB Commodity Index 290216 (a) 0.105 18.88 18.29 21 16.1 7.8 0.105 0.105 100.0 0.8 29/02/16 80 Sands China 020715 (c) 0.015 52.00 31.75 53.14 67.4 27.9 0.215 0.015 40.0 0.2 02/07/15 35 Sands China 271115 (c) 0.075 38.50 31.75 41.76 31.5 9.8 0.185 0.065 40.0 0.6 27/11/15 20 Softbank 161115 (d) 0.13 7,200 7505.0 8,289 10.5 824.5 0.13 0.13 40.0 0.5 16/11/15 250 SPDR@ Gold Trust 161115 (a) 0.165 115.00 113.47 130.48 15.0 7.3 0.165 0.165 40.0 0.5 16/11/15 335 SPDR@ Gold Trust 290216 (a) 0.11 118.88 113.47 137.37 21.1 6.1 0.11 0.09 100.0 0.8 29/02/16 600 Tencent Holdings 020715 (c) 0.285 110.00 160.90 159.49 (0.9) 3.3 0.33 0.08 40.0 0.2 02/07/15 80 Tesla 131115 (a) 0.07 250.00 226.05 124.43 (45.0) 5.6 0.125 0.04 40.0 0.5 13/11/15 2,050 Twitter 271115 (a) 0.08 35.00 38.96 15.39 (60.5) 5.0 0.21 0.02 40.0 0.6 27/11/15 350 Uniqlo 131115 (d) 0.24 40,000 47295.0 52 (99.9) 469.1 0.245 0.175 40.0 0.5 13/11/15 1,500 United States Oil Fund 290216 (a) 0.11 19.88 20.51 20.36 (0.7) 8.3 0.11 0.075 100.0 0.8 29/02/16 80 Weibo Corporation 020715 (a) 0.05 20.00 16.68 24.40 46.3 9.9 0.165 0.04 40.0 0.2 02/07/15 120 Yahoo 131115 (a) 0.11 45.00 42.565 82.22 93.2 6.9 0.195 0.085 40.0 0.5 13/11/15 200 Yahoo 290216 (a) 0.15 44.88 42.565 82.22 93.2 4.1 n.a. n.a. 100.0 0.8 29/02/16 250

(a) In US$, except warrant price. (b) In S$, except warrant price. (c) In HK$, except warrant price. (d) In JPY, except warrant price.

38



Diary Of Events

Thursday Tuesday Sunday Monday Wednesday Friday Saturday

Labour Day

Wesak Day

In lieu of Wesak Day

– Hartalega (1Q15) – KLCC Property (1Q15) – Malaysia Airports (1Q15)

– Mar Trade Figure – BNM OPR

– Guinness Anchor (3Q15) – Tropicana Corp (1Q15)

– Mar IPI – Mar Manufacturing Sales Value – 30 Apr Foreign Reserve

– Dialog (3Q15)

– Perisai Petroleum (1Q15)

– 30 Apr Foreign Reserve

– Gas Malaysia (1Q15)

10 11 13 16

3 5 6 7 8 9

15

2

12 14

1

4

39



Diary Of Events

Thursday Tuesday Sunday Monday Wednesday Friday Saturday

– AMMB (Final 15)

– Axiata (1Q15) – MRCB (1Q15)

– Apr CPI – AirAsia (1Q15) – CIMB Group (1Q15) – Deleum (1Q15) – Kuala Lumpur Kepong (2Q15) – SKP Resources (Final 15)

– Kossan Rubber (1Q15) – Magnum (1Q15)

– 15 May Foreign Reserve – Bumi Armada (1Q15) – IOI Corp (3Q15) – Sime Darby (3Q15) – UMW Holdings (1Q15) – WCT Holdings (1Q15)

– Barakah Offshore Petroleum (1Q15) – IJM Plantations (Final 15) – Hong Leong Bank (3Q15) – Hong Leong Financial (3Q15) – KPJ Healthcare (1Q15) – RHB Capital (1Q15) – UEM Sunrise (1Q15) – Uzma (1Q15)

– Alliance Financial (Final 15) – Carlsberg Brewery (1Q15) – QL Resources (Final 15) – Sunsuria(Final 15)

– Genting Plantations (1Q15) – Maybank (1Q15) – MMC Corp (1Q15) – Telekom Malaysia (1Q15)

– Apr Monetary & Loan Figure – Genting Bhd (1Q15) – Genting Malaysia (1Q15) – Mah Sing (1Q15) – Sunway Bhd (1Q15)

17 18 19 20 22 23 21

24 25 26 27 28 29 30

31

40



Disclosures/Disclaimers

This report is prepared and/or distributed by UOB Kay Hian Pte Ltd (“UOBKH”), which is a holder of a capital markets services licence and an exempt financial adviser in Singapore.

This report is provided for information only and is not an offer or a solicitation to deal in securities or to enter into any legal relations, nor an advice or a recommendation with respect to such securities.

This report is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any recipient hereof. Advice should be sought from a financial adviser regarding the suitability of the investment product, taking into account the specific investment objectives, financial situation or particular needs of any person in receipt of the recommendation, before the person makes a commitment to purchase the investment product.

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(ii) to the extent that the analyses or reports are delivered to and intended to be received by any person in Singapore who is not an accredited investor, expert investor or institutional investor, UOBKH accepts legal responsibility for the contents of the analyses or reports

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Analyst Certification/Regulation AC

As noted above, each research analyst of UOBKH who produced this report hereby certifies that (1) the views expressed in this report accurately reflect his/her personal views about all of the subject corporation(s) and securities in this report; (2) the report was produced independently by him/her; (3) he/she does not carry out, whether for himself/herself or on behalf of UOBKH or any other person, any of the Subject Business involving any of the subject corporation(s) or securities referred to in this report; and (4) he/she has not received and will not receive any compensation that is directly or indirectly related or linked to the recommendations or views expressed in this report or to any sales, trading, dealing or corporate finance advisory services or transaction in respect of the securities in this report. However, the compensation received by each such research analyst is based upon various factors, including UOBKH’s total revenues, a portion of which are generated from UOBKH’s business of dealing in securities.

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Corporate Guide - Malaysia, May 2015

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