外资再净卖马股3.3亿后
止血迹象浮现
MIDF研究在资金流向报告点出，外资上周首4个交易日都在持续抛售马股，其中抛售力度最大的落在周三。
https://www.enanyang.my/node/662262
止血迹象浮现
MIDF研究在资金流向报告点出，外资上周首4个交易日都在持续抛售马股，其中抛售力度最大的落在周三。
https://www.enanyang.my/node/662262
e南洋
外资再净卖马股3.3亿后 止血迹象浮现
MIDF研究在资金流向报告点出，外资上周首4个交易日都在持续抛售马股，其中抛售力度最大的落在周三。
The Star : Business Feed
Gold soars to record high on trade war concerns, weaker dollar
Gold soars to record high on trade war concerns, weaker dollar
The Star
Gold soars to record high on trade war concerns, weaker dollar
GOLD prices surged to a record high on Monday, spurred by concerns over global economic growth due to the spiralling Sino-U.S. trade war, with a weaker dollar further boosting the rally.
The Star : Business Feed
CIMB commits RM10bil to boost Johor Singapore Special Economic Zone
CIMB commits RM10bil to boost Johor Singapore Special Economic Zone
The Star
CIMB commits RM10bil to boost Johor Singapore Special Economic Zone
KUALA LUMPUR: CIMB Group Holdings Bhd (CIMB) has committed RM10 billion in funding facilities to drive economic integration and unlock cross-border opportunities in the Johor-Singapore Special Economic Zone (JS-SEZ).
The Star : Business Feed
Paradigm REIT signs underwriting deal for Main Market listing
Paradigm REIT signs underwriting deal for Main Market listing
The Star
Paradigm REIT signs underwriting deal for Main Market listing
KUALA LUMPUR: Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, has signed an underwriting agreement with three investment banks ahead of its proposed listing on the Main Market of Bursa Malaysia.
The Star : Business Feed
Paradigm REIT signs underwriting deal for Main Market listing
Paradigm REIT signs underwriting deal for Main Market listing
The Star
Paradigm REIT signs underwriting deal for Main Market listing
KUALA LUMPUR: Paradigm Real Estate Investment Trust (Paradigm REIT), a local real estate investment trust, has signed an underwriting agreement with three investment banks ahead of its proposed listing on the Main Market of Bursa Malaysia.
*RHB♦️Investment Bank Bhd*
Monday 21/04/2025
FBMKLCI : *1,499.47*
*⬆️ 0.07 (0.00%)*
Volume : *1.535B*
Value : *1.193B*
⬆️ 308
⬇️ 512
🔁 463
_KLCI remained capped by the 1,500 psychological level as investors anticipated another bout of volatility tonight as the US markets reopened from an extended weekend._
Top 3 active stocks :
INGENIEU 0.04 🔁 0.00
NEXG 0.345 ⬆️ 0.025
TANCO 0.88 ⬇️ 0.01
Monday 21/04/2025
FBMKLCI : *1,499.47*
*⬆️ 0.07 (0.00%)*
Volume : *1.535B*
Value : *1.193B*
⬆️ 308
⬇️ 512
🔁 463
_KLCI remained capped by the 1,500 psychological level as investors anticipated another bout of volatility tonight as the US markets reopened from an extended weekend._
Top 3 active stocks :
INGENIEU 0.04 🔁 0.00
NEXG 0.345 ⬆️ 0.025
TANCO 0.88 ⬇️ 0.01
*RHB♦️Investment Bank Bhd*
*22nd April 2025*
*Dow Jones* :38,170.41
⬇️971.82/2.48%‼️
*Nasdaq* :15,870.90
⬇️415.55/2.55%‼️
*S&P 500*:5,158.20
⬇️124.50/2.36%‼️
_Stocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received few signs of progress on global trade talks._
https://ceomorningbrief.theedgemalaysia.com/2025/0945/
*WTI CRUDE OIL* :63.38
⬇️1.30/2.01%‼️
*BRENT OIL* :66.53
⬇️1.43/2.10%‼️
*GOLD PRICE* : 3,435.10
⬆️106.70/ 3.21%‼️
*USD/MYR* : 4.41
*CORPORATE NEWS*
• Panasonic Manufacturing Malaysia Bhd (KL:PANAMY) announced that operations at its two manufacturing facilities in Shah Alam fully restarted on Sunday, following disruptions caused by the Putra Heights gas pipeline explosion on April 1. Panasonic Malaysia stated that production of its fan and electric iron products has fully resumed following the restoration of gas supply. Panasonic Malaysia managing director Takashi Sugihara said it has managed to keep operational disruptions minimal and aims to recoup the lost revenue within this quarter.
• WCE Holdings Bhd (KL:WCEHB) said its 80%-owned unit West Coast Expressway Sdn Bhd has received consent and approval from the Malaysian government to accept a RM1.15 billion term loan facility from Bank Pembangunan Malaysia Bhd. WCE said the term loan facility will be used to part-finance costs and expenses associated with the West Coast Expressway project, including development, design, construction fees and financing costs (including interest during construction), as well as other related fees and expenses in relation to the project.
• Diversified group Cahya Mata Sarawak Bhd (KL:CMSB) has secured a RM550 million contract from the Sarawak state government for the development of Borneo Convention Centre Kuching II (BCCK II) in Muara Tebas, Kuching. The company said the contract was awarded to CMS Land Sdn Bhd, a subsidiary 51%-owned by Cahya Mata, with the remaining 49% held by the Sarawak Economic Development Corporation. Construction will commence in April 2025, with an anticipated completion in the first quarter of 2028. The formal agreement will be signed in 2Q2025.
• Metal building material maker Astino Bhd (KL:ASTINO) is to acquire an 85,615.29-sq-m (21.16-acre) land in Seberang Perai Selatan, Penang, for RM30.41 million. Astino’s wholly-owned unit Astino (M) Colour Steel Sheets Sdn Bhd inked a sale and purchase agreement with various vendors for the deal. Among the deal’s conditions precedent, the company noted it is subject to the vendors obtaining a court order for the sale “for the 2/12 undivided share held in trust for Hang Zhe and Hang Xhe”. The land purchase is expected to be completed within three months of the court order being obtained.
• KIP Real Estate Investment Trust (KL:KIPREIT) reported a 51.9% increase in net property income (NPI) for the third quarter ended March 31, 2025 (3QFY2025), rising to RM27.48 million from RM18.09 million a year earlier. The jump was driven by stronger performance from its malls and newly acquired assets — D'Pulze Shopping Centre in Cyberjaya, TF Value in Perak and industrial asset CR35.
• Wastewater engineering and construction firm Salcon Bhd (KL:SALCON) said it is pushing to grow its existing healthcare and renewable energy (RE) segments, and is proposing to include the two into its principal activities. In the financial year ended Dec 31, 2023, the healthcare business contributed 1.83% of the group's RM298.73 million revenue, while the RE business's contribution came in at 0.73%. Expectations are for the healthcare and RE segments to each contribute at least 25% of the group's profit or result in a diversion of at least 25% of net assets.
•
• HHRG Bhd (KL:HHRG) has extended chief executive officer Fong Chee Khuen’s suspension by two more weeks until May 4, pending the outcome of an internal investigation over alleged misconduct.
*22nd April 2025*
*Dow Jones* :38,170.41
⬇️971.82/2.48%‼️
*Nasdaq* :15,870.90
⬇️415.55/2.55%‼️
*S&P 500*:5,158.20
⬇️124.50/2.36%‼️
_Stocks fell again on Monday as President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, raising questions about the central bank’s independence, while traders received few signs of progress on global trade talks._
https://ceomorningbrief.theedgemalaysia.com/2025/0945/
*WTI CRUDE OIL* :63.38
⬇️1.30/2.01%‼️
*BRENT OIL* :66.53
⬇️1.43/2.10%‼️
*GOLD PRICE* : 3,435.10
⬆️106.70/ 3.21%‼️
*USD/MYR* : 4.41
*CORPORATE NEWS*
• Panasonic Manufacturing Malaysia Bhd (KL:PANAMY) announced that operations at its two manufacturing facilities in Shah Alam fully restarted on Sunday, following disruptions caused by the Putra Heights gas pipeline explosion on April 1. Panasonic Malaysia stated that production of its fan and electric iron products has fully resumed following the restoration of gas supply. Panasonic Malaysia managing director Takashi Sugihara said it has managed to keep operational disruptions minimal and aims to recoup the lost revenue within this quarter.
• WCE Holdings Bhd (KL:WCEHB) said its 80%-owned unit West Coast Expressway Sdn Bhd has received consent and approval from the Malaysian government to accept a RM1.15 billion term loan facility from Bank Pembangunan Malaysia Bhd. WCE said the term loan facility will be used to part-finance costs and expenses associated with the West Coast Expressway project, including development, design, construction fees and financing costs (including interest during construction), as well as other related fees and expenses in relation to the project.
• Diversified group Cahya Mata Sarawak Bhd (KL:CMSB) has secured a RM550 million contract from the Sarawak state government for the development of Borneo Convention Centre Kuching II (BCCK II) in Muara Tebas, Kuching. The company said the contract was awarded to CMS Land Sdn Bhd, a subsidiary 51%-owned by Cahya Mata, with the remaining 49% held by the Sarawak Economic Development Corporation. Construction will commence in April 2025, with an anticipated completion in the first quarter of 2028. The formal agreement will be signed in 2Q2025.
• Metal building material maker Astino Bhd (KL:ASTINO) is to acquire an 85,615.29-sq-m (21.16-acre) land in Seberang Perai Selatan, Penang, for RM30.41 million. Astino’s wholly-owned unit Astino (M) Colour Steel Sheets Sdn Bhd inked a sale and purchase agreement with various vendors for the deal. Among the deal’s conditions precedent, the company noted it is subject to the vendors obtaining a court order for the sale “for the 2/12 undivided share held in trust for Hang Zhe and Hang Xhe”. The land purchase is expected to be completed within three months of the court order being obtained.
• KIP Real Estate Investment Trust (KL:KIPREIT) reported a 51.9% increase in net property income (NPI) for the third quarter ended March 31, 2025 (3QFY2025), rising to RM27.48 million from RM18.09 million a year earlier. The jump was driven by stronger performance from its malls and newly acquired assets — D'Pulze Shopping Centre in Cyberjaya, TF Value in Perak and industrial asset CR35.
• Wastewater engineering and construction firm Salcon Bhd (KL:SALCON) said it is pushing to grow its existing healthcare and renewable energy (RE) segments, and is proposing to include the two into its principal activities. In the financial year ended Dec 31, 2023, the healthcare business contributed 1.83% of the group's RM298.73 million revenue, while the RE business's contribution came in at 0.73%. Expectations are for the healthcare and RE segments to each contribute at least 25% of the group's profit or result in a diversion of at least 25% of net assets.
•
• HHRG Bhd (KL:HHRG) has extended chief executive officer Fong Chee Khuen’s suspension by two more weeks until May 4, pending the outcome of an internal investigation over alleged misconduct.
Theedgemalaysia
CEO Morning Brief | ISSUE 0945
TUESDAY, APRIL 22, 2025
HHRG said it had issued a formal letter to notify Fong of the extension, and would announce any further developments as necessary. Fong was initially suspended for two weeks from April 7 as a precautionary measure to facilitate an independent review into alleged misconduct that may have breached the company’s internal policies and terms of employment.
• GDB Holdings Bhd (KL:GDB) said it has secured a court enforcement order on its RM59.32 million adjudication award against KSK Land Sdn Bhd’s unit Damai City Sdn Bhd, over outstanding payments for construction work carried out on the 8 Conlay project. The High Court at the same time dismissed Damai City’s application to set aside and stay the adjudication award, with undisclosed legal costs to be paid by Damai City to GDB’s unit Grand Dynamic Builders Sdn Bhd.
•
• Practice Note 17 (PN17) company Ho Hup Construction Co Bhd (KL:HOHUP) is seeking a court order to facilitate the restructure of its debt after defaulting on loan facilities last week. The company filed an application at the High Court for an order to propose a scheme of arrangement with its creditor and is also seeking a restraining order to prevent legal action being taken against the company, allowing time to come out with the scheme of arrangement. It noted that upon filing the application, an automatic restraining order is granted to the company for a period of two months or until the application is decided by the court. Ho Hup said details of the scheme of arrangement will be announced later.
• Malaysia Marine and Heavy Engineering Holdings Bhd’s (KL:MHB) wholly-owned unit received a notice of arbitration from its subcontractor Haumea Offshore Sdn Bhd in relation to the Bokor Phase 3 redevelopment project in Sarawak. MHB said that Haumea Offshore is seeking to claim RM57.3 million from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), including interest and legal costs. “In its notice of arbitration, TFO (Haumea Offshore) claims that there were disputes between it and MMHE under the subcontract in relation to its performance of the works,” it said.
• GDB Holdings Bhd (KL:GDB) said it has secured a court enforcement order on its RM59.32 million adjudication award against KSK Land Sdn Bhd’s unit Damai City Sdn Bhd, over outstanding payments for construction work carried out on the 8 Conlay project. The High Court at the same time dismissed Damai City’s application to set aside and stay the adjudication award, with undisclosed legal costs to be paid by Damai City to GDB’s unit Grand Dynamic Builders Sdn Bhd.
•
• Practice Note 17 (PN17) company Ho Hup Construction Co Bhd (KL:HOHUP) is seeking a court order to facilitate the restructure of its debt after defaulting on loan facilities last week. The company filed an application at the High Court for an order to propose a scheme of arrangement with its creditor and is also seeking a restraining order to prevent legal action being taken against the company, allowing time to come out with the scheme of arrangement. It noted that upon filing the application, an automatic restraining order is granted to the company for a period of two months or until the application is decided by the court. Ho Hup said details of the scheme of arrangement will be announced later.
• Malaysia Marine and Heavy Engineering Holdings Bhd’s (KL:MHB) wholly-owned unit received a notice of arbitration from its subcontractor Haumea Offshore Sdn Bhd in relation to the Bokor Phase 3 redevelopment project in Sarawak. MHB said that Haumea Offshore is seeking to claim RM57.3 million from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), including interest and legal costs. “In its notice of arbitration, TFO (Haumea Offshore) claims that there were disputes between it and MMHE under the subcontract in relation to its performance of the works,” it said.
Theedgemalaysia
CEO Morning Brief | ISSUE 0945
TUESDAY, APRIL 22, 2025
🌐 *Global Market Updates*
*_22nd April 2025_*
Indexes
🇺🇸 Dow 38,170.41 ⬇️971.82‼️
🇬🇧 FTSE 8,275.66 ⬆️0.06
🇭🇰 HKSE 21,395.14⬆️338.16
🇨🇳 SSE 3,291.43 ⬆️14.70
🇲🇾 KLCI 1,499.47 ⬆️0.07
Energy/Precious Metal
⛽️Crude Oil $62.69⬇️1.32
⛽️Brent Oil $66.50 ⬇️1.46
⚜️ Gold $3,435.25 ⬆️106.85
🌴 Palm Oil $3,876 ⬇️34.00
Currency
💵 USD/MYR 4.3695
💴 CNY/MYR 0.5992
💵 SGD/MYR 3.3488
🌐 Global News
🔹The S&P 500 closed sharply lower on Monday as President Donald Trump’s tariffs and attack on Federal Reserve Chair Jerome Powell stoked fresh volatility, weighing on investor sentiment.
🔹Oil prices slipped on Monday, as nuclear talks between the U.S. and Iran eased supply disruption fears.
🔹The U.S. dollar weakened on Monday as investors fretted over remarks made by the White House about a possible shake-up of the Federal Reserve, casting doubt over the future independence of the central bank.
Sources
https://uk.investing.com/news/stock-market-news/us-stock-futures-slide-amid-tariff-worries-trump-fed-remarks-4037689
*_22nd April 2025_*
Indexes
🇺🇸 Dow 38,170.41 ⬇️971.82‼️
🇬🇧 FTSE 8,275.66 ⬆️0.06
🇭🇰 HKSE 21,395.14⬆️338.16
🇨🇳 SSE 3,291.43 ⬆️14.70
🇲🇾 KLCI 1,499.47 ⬆️0.07
Energy/Precious Metal
⛽️Crude Oil $62.69⬇️1.32
⛽️Brent Oil $66.50 ⬇️1.46
⚜️ Gold $3,435.25 ⬆️106.85
🌴 Palm Oil $3,876 ⬇️34.00
Currency
💵 USD/MYR 4.3695
💴 CNY/MYR 0.5992
💵 SGD/MYR 3.3488
🌐 Global News
🔹The S&P 500 closed sharply lower on Monday as President Donald Trump’s tariffs and attack on Federal Reserve Chair Jerome Powell stoked fresh volatility, weighing on investor sentiment.
🔹Oil prices slipped on Monday, as nuclear talks between the U.S. and Iran eased supply disruption fears.
🔹The U.S. dollar weakened on Monday as investors fretted over remarks made by the White House about a possible shake-up of the Federal Reserve, casting doubt over the future independence of the central bank.
Sources
https://uk.investing.com/news/stock-market-news/us-stock-futures-slide-amid-tariff-worries-trump-fed-remarks-4037689
Investing.com UK
U.S. stock futures slide amid tariff worries, Trump Fed remarks By Investing.com
*SHORT TERM TREND*
*FKLI*
Trend: *UP*
Might change if price breaks below 1475.
*FCPO*
Trend: *DOWN*
Might change if price breaks above 4084.
*Mini Dow*
Trend: *DOWN*
Might change if price breaks above 39769.
*Crude Oil*
Trend: *UP*
Might change if price breaks below 63.03.
*GOLD*
Trend : *UP*
Might change if price breaks below 3322.20.
*HSI*
Trend : *UP*
Might change if price breaks below 21237.
Disclaimer:
Please be informed that the information above is solely for the purpose of sharing and does not constitute a buy or sell call.
*FKLI*
Trend: *UP*
Might change if price breaks below 1475.
*FCPO*
Trend: *DOWN*
Might change if price breaks above 4084.
*Mini Dow*
Trend: *DOWN*
Might change if price breaks above 39769.
*Crude Oil*
Trend: *UP*
Might change if price breaks below 63.03.
*GOLD*
Trend : *UP*
Might change if price breaks below 3322.20.
*HSI*
Trend : *UP*
Might change if price breaks below 21237.
Disclaimer:
Please be informed that the information above is solely for the purpose of sharing and does not constitute a buy or sell call.
*RHB* ♦️ *Investment Bank Bhd*
*RHB Retail Research*
*Technical Analyzer*
22 Apr 2025
*YTLPOWR (6742)*:
Outlook: Breakout MYR3.25
Resistance: MYR3.40, MYR3.60
Support: MYR3.10
(time frame: 2-4 weeks)
*AXIATA (6888)*: Shariah Compliant
Outlook: Breakout MYR1.90
Resistance: MYR2.05, MYR2.15
Support: MYR1.80
(time frame: 2-4 weeks)
Investment Research Disclaimers
RHB has issued this report for information purposes only.
*RHB Retail Research*
*Technical Analyzer*
22 Apr 2025
*YTLPOWR (6742)*:
Outlook: Breakout MYR3.25
Resistance: MYR3.40, MYR3.60
Support: MYR3.10
(time frame: 2-4 weeks)
*AXIATA (6888)*: Shariah Compliant
Outlook: Breakout MYR1.90
Resistance: MYR2.05, MYR2.15
Support: MYR1.80
(time frame: 2-4 weeks)
Investment Research Disclaimers
RHB has issued this report for information purposes only.
The Star : Business Feed
Stocks, dollar slide as Trump's attacks on Fed shake markets
Stocks, dollar slide as Trump's attacks on Fed shake markets
The Star
Stocks, dollar slide as Trump's attacks on Fed shake markets
SINGAPORE: Asian equities and U.S. stock futures slid on Monday as anxiety over tariffs and criticism of the Federal Reserve by President Donald Trump shook investor confidence, pushing the dollar sharply lower and catapulting safe-haven gold to a record…
The Star : Business Feed
Cahya Mata Sarawak secures RM550mil contract for Borneo Convention Centre Kuching II
Cahya Mata Sarawak secures RM550mil contract for Borneo Convention Centre Kuching II
The Star
Cahya Mata Sarawak secures RM550mil contract for Borneo Convention Centre Kuching II
PETALING JAYA: Cahya Mata Sarawak Bhd has clinched a RM550mil contract from the Sarawak state government to construct the Borneo Convention Centre Kuching II, in Kuching, Sarawak.
The Star : Business Feed
Malaysian equities fall on Wall Street's lead as Trump threatens Fed
Malaysian equities fall on Wall Street's lead as Trump threatens Fed
The Star
Malaysian equities fall on Wall Street's lead as Trump threatens Fed
KUALA LUMPUR: Selling resumed on Bursa Malayisa following the sharp retreat on Wall Street as US Preident Donald Trump intensified his attacks on the Federal Reserve, threatening to undermine the independence of the central bank.
The Star : Business Feed
US finalizes tariffs on Southeast Asian solar imports
US finalizes tariffs on Southeast Asian solar imports
The Star
US finalises tariffs on Malaysian, Southeast Asian solar imports
U.S. trade officials finalized steep tariff levels on most solar cells from Southeast Asia, a key step toward wrapping up a year-old trade case in which American manufacturers accused Chinese companies of flooding the market with unfairly cheap goods.
The Star : Business Feed
Main Market-bound Reach Ten's IPO oversubscribed by 1.85 times
Main Market-bound Reach Ten's IPO oversubscribed by 1.85 times
The Star
Main Market-bound Reach Ten's IPO oversubscribed by 1.85 times
KUALA LUMPUR: The public portion of Sarawak-based telecommunications company Reach Ten Holdings Bhd's initial public offering (IPO) has been oversubscribed by 1.85 times, ahead of its scheduled listing on the Main Market of Bursa Malaysia on May 2, 2025.