No

Company

Updates

1

SUNWAY

- Q1FY2024 earnings just released on 21-May, net profit jumped 22% YoY
- Healthcare listing prospect remains intact in the next 3 years
- Poised to join FBMKLCI the most prestigious index in Malaysia in a month time

2

YTL

- Q3FY2024 earnings increased 20% YoY but this is much slower than 508% YoY in Q2FY2024
- Media reported that it is bidding for High Speed Rail
- Recent acquisition of Ranhill (through YTLPower) may be to boost growth but impact is limited at YTL level (less than 0.5%)

3

YTLPOWER

- Q3FY2024 earnings increased 34% YoY but this is much slower than 325% YoY in Q2FY2024
- Recent acquisition of Ranhill may be to boost growth but impact is limited at less than 1%
- PowerSeraya earnings to decline QoQ
- Wessex earnings to increase QoQ
- Acquisition if Ranhill may be more important as data center need steady water supply to stay cool

4

TENAGA

- Data center boom will boost electricity demand
'- Q1FY2024 earnings down 29% YoY although revenue increased.

5

PBA

- Q1FY2024 earnings up 11% YoY due to 2 months of contribution from new tariff
- Next quarter to see full 3 months contribution to sales from higher tariff so earnings should up YoY

6

UEMS

- Q1FY2024 earnings down 47% YoY
' Signed MOU with Logos to develop data centre campus in Johor
'- UEM Group Berhad (UEM Group), through its township and property arm, UEM Sunrise Berhad (UEM Sunrise), together with ITRAMAS Corporation Sdn Bhd (ITRAMAS) and China Machinery Engineering Corporation (CMEC) inked an agreement, to mark the beginning of a strategic partnership aimed at developing a Renewable Energy (RE) Industrial Park, measuring 40 acres in Gerbang Nusajaya, Iskandar Puteri, Johor. (Source: PropertyGuru)
'- The company's landbank was included in the Johor-Singapore Special Economic Zone (JS-SEZ)

7

IOIPG

- Q1FY2024 earnings just released on 30-May, net profit jumped 91% YoY
'- The company's landbank was included in the Johor-Singapore Special Economic Zone (JS-SEZ)