Immediate Announcement on Shares Buy Back
https://m.malaysiastock.biz/Company-Announcement.aspx?id=1315140

30-Apr-2021 Insider ABERDEEN ASSET MANAGEMENT PLC (a substantial shareholder) acquired 9,500 shares on 27-Apr-2021.
30-Apr-2021 Insider STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES (a substantial shareholder) acquired 9,500 shares on 27-Apr-2021.
26-Apr-2021 Insider ABERDEEN ASSET MANAGEMENT PLC (a substantial shareholder) acquired 6,300 shares on 22-Apr-2021.
26-Apr-2021 Insider STANDARD LIFE ABERDEEN PLC AND ITS SUBSIDIARIES (a substantial shareholder) acquired 6,300 shares on 22-Apr-2021.

China's economy grows 18.3% in post-Covid comeback
https://www.bbc.com/news/business-56768663

https://m.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9334&section=announcement

Standard Life Aberdeen
https://www.standardlifeaberdeen.com/

Affin Hwang Capital maintains the "Buy" investment rating of Kesm, and the target price is maintained at 20.60 ringgit; Kenanga Investment Bank also maintains the stock's "market perform" rating, but the target price is changed from the original 10.60 ringgit to 14.20 ringgit.

China’s Car Sales More Than Quadrupled in February
Updated March 8, 2021 9:49 pm ET
https://www.wsj.com/articles/chinas-car-sales-more-than-quadrupled-in-february-11615257342

KESM to expand factory in Melaka
https://www.thestar.com.my/business/business-news/2021/01/07/kesm-to-expand-factory-in-melaka

Sunright is up 6.98% today.

MoneyMakers: US market up 2%-3% yesterday but TG US drop 6.5%, lowest close since July

https://www.cnn.com/2021/03/01/business/united-boeing-737-max-order/index.html
United, predicting a rebound in travel, buys 25 Boeing 737 Max jets

United, predicting a rebound in travel, buys 25 Boeing 737 Max jets
https://www.cnn.com/2021/03/01/business/united-boeing-737-max-order/index.html

The Dow Jones Industrial Average surged amid a broad rally as the bond market cooled. Boeing (BA) and Apple (AAPL) were among the leading blue chips.

Among EV stocks, Tesla (TSLA) and Nio (NIO) charged higher following last week's losses. Nio is posting earnings after the close. General Motors (GM) also rose.

https://m.malaysiastock.biz/Company-Announcement.aspx?id=1298352

Supermax founder Stanley Thai buys luxury US condominium.
https://www.theedgemarkets.com/article/supermax-founder-stanley-thai-buys-luxury-us-condominium

Supermax founder Stanley Thai buys luxury US condominium
https://www.theedgemarkets.com/article/supermax-founder-stanley-thai-buys-luxury-us-condominium

GEORGE TOWN (Feb 21): A total of 16,000 doses of Pfizer-BioNTech Covid-19 vaccine arrived at the Penang International Airport (LTAPP) at 5.35pm today, via a special Cathay Pacific Cargo flight CX079.

KOBAY TECHNOLOGY BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description KOBAY TECHNOLOGY BHD ("KOBAY" OR THE "COMPANY")

II. PROPOSED BONUS ISSUE OF SHARES

On behalf of the Board, RHB Investment Bank Berhad wishes to announce that the Company has submitted an application to Bursa Securities for the listing and quotation of 204,187,202 Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares on the Main Market of Bursa Securities.

This announcement is dated 19 February 2021.

KOBAY TECHNOLOGY BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description KOBAY TECHNOLOGY BHD ("KOBAY" OR THE "COMPANY")

I. PROPOSED EXEMPTION; AND

II. PROPOSED BONUS ISSUE OF SHARES


On behalf of the Board, RHB Investment Bank Berhad wishes to announce that the Company has submitted an application to Bursa Securities for the listing and quotation of 204,187,202 Bonus Shares to be issued pursuant to the Proposed Bonus Issue of Shares on the Main Market of Bursa Securities.



This announcement is dated 19 February 2021.

Therefore, he raised his target prices (TPs) for Inari Amertron Bhd (TP: RM5.17), Malaysian Pacific Industries Bhd (TP: RM41.50), Unisem (M) Bhd (TP: RM8.50) and KESM Industries Bhd (TP: RM20.60).

While keeping "buy" calls on these stocks, he downgraded Unisem to "hold" on valuation.

https://www.theedgemarkets.com/article/affin-hwang-capital-maintains-overweight-call-technology-sector

Affin Hwang Capital maintains 'overweight' call on technology sector

Therefore, he raised his target prices (TPs) for Inari Amertron Bhd (TP: RM5.17), Malaysian Pacific Industries Bhd (TP: RM41.50), Unisem (M) Bhd (TP: RM8.50) and KESM Industries Bhd (TP: RM20.60).

https://www.theedgemarkets.com/article/affin-hwang-capital-maintains-overweight-call-technology-sector

Supermax is in the red...

Vaccines will power 5.5% global economic growth in 2021: IMF
https://asia.nikkei.com/Economy/Vaccines-will-power-5.5-global-economic-growth-in-2021-IMF

Pharmaniaga seals agreement with Malaysian govt to supply Sinovac Covid-19 vaccine

https://www.theedgemarkets.com/article/pharmaniaga-seals-agreement-malaysian-govt-supply-sinovac-covid19-vaccine

Pharmaniaga seals agreement with Malaysian govt to supply Sinovac Covid-19 vaccine
https://www.theedgemarkets.com/article/pharmaniaga-seals-agreement-malaysian-govt-supply-sinovac-covid19-vaccine

A total of 76,859 people have been vaccinated with the first dose of the corona vaccine in Norway, the National Institute of Public Health’s (FHI) statistics show on Monday. Furthermore, 1,887 people have received the second dose so far.
https://norwaytoday.info/news/update-76859-norwegians-have-received-the-first-dose-of-the-corona-vaccine/

Coronavirus boom for Malaysia’s rubber glove industry loses shine amid worker rights abuses
https://www.scmp.com/week-asia/politics/article/3118877/coronavirus-boom-malaysias-rubber-glove-industry-loses-shine

Top Glove: Allegations of management hypocrisy and lack of integrity By LHL
https://klse.i3investor.com/blogs/savemalaysia/2021-01-25-story-h1540131046-Top_Glove_Allegations_of_management_hypocrisy_and_lack_of_integrity_By_.jsp

Canadian news outlet exposes poor working, living conditions at Malaysia’s Top Glove
https://coconuts.co/kl/news/canadian-news-outlet-exposes-poor-working-living-conditions-at-malaysias-top-glove/

Malaysia's Top Glove defends board after BlackRock criticism

Israel sees 60% drop in hospitalizations for age 60-plus 3 weeks after 1st shot
Full effects of Pfizer’s shots only kick in around a month after inoculation, but data from Israel shows there is a stark drop in infections even before that point
https://www.timesofisrael.com/israel-sees-60-drop-in-hospitalizations-for-over-60s-in-weeks-after-vaccination/

STEEL Industry - HOT ! !
https://klse.i3investor.com/blogs/THP/2021-01-22-story-h1540095402-STEEL_Industry_HOT.jsp

Top Glove slams Canadian TV reports on working conditions at its factories as misleading
https://www.theedgemarkets.com/article/top-glove-slams-canadian-tv-reports-about-working-conditions-its-factories-misleading

China’s Economy Grew 2.3% in 2020, Accelerating Global Rise
Bloomberg News
January 17, 2021, 9:02 PM EST
Updated on January 17, 2021, 9:35 PM EST
GDP rose 6.5% in fourth quarter, beating expectations
China could surpass U.S. as largest economy by 2028: Nomura
https://www.bloomberg.com/news/articles/2021-01-18/china-s-economy-grew-2-3-in-2020-accelerating-global-rise

Top Glove reports Covid-19 outbreak at four factories

The New York Times · 1 hour ago
Biden Outlines $1.9 Trillion Spending Package to Combat ...
https://www.nytimes.com/2021/01/14/business/economy/biden-economy.html

Biden to counter China tech by urging investment in US: adviser

PALO ALTO, U.S. -- Brian Deese, the newly appointed director of the U.S. National Economic Council, says the U.S. under Joe Biden will fight for tech supremacy by rebuilding its core strengths rather than slapping restrictions on China.

https://asia.nikkei.com/Business/CES-2021/Biden-to-counter-China-tech-by-urging-investment-in-US-adviser

Is Kobay Technology Bhd (KLSE:KOBAY) A Future Multi-bagger?
https://simplywall.st/stocks/my/capital-goods/klse-kobay/kobay-technology-bhd-shares/news/is-kobay-technology-bhd-klsekobay-a-future-multi-bagger

KESM科技马六甲设新厂拓汽车半导体业务
https://www.sinchew.com.my/pad/con/content_2407670.html

KESM to expand factory in Melaka for future growth
https://www.thestar.com.my/business/business-news/2021/01/08/kesm-to-expand-factory-in-melaka-for-future-growth

Chinese electric car company Nio doubles deliveries in 2020 as local competition ramps up for Tesla
https://www.cnbc.com/2021/01/04/chinese-electric-car-start-up-nio-doubles-deliveries-as-tesla-competition-rises.html

Tesla and Other EV Stocks Got a Georgia Election Boost. So Did Ford and GM.
https://www.barrons.com/articles/the-georgia-election-is-giving-tesla-and-other-ev-stocks-a-boost-why-ford-and-gm-are-up-too-51609939637

an issuance of 204,187,202 new Kobay Shares ("Bonus Shares") on the basis of two (2) Bonus Shares for every one (1) existing Kobay Share held on an entitlement date to be determined and announced later ("Proposed Bonus Issue of Shares").

an issuance of 204,187,202 new Kobay Shares ("Bonus Shares") on the basis of two (2) Bonus Shares for every one (1) existing Kobay Share held on an entitlement date to be determined and announced later ("Proposed Bonus Issue of Shares").

US final manufacturing PMI ends at 6-year high in December 2020
https://www.businesstoday.in/current/world/us-final-manufacturing-pmi-ends-at-6-year-high-in-december-2020/story/426975.html

Sunright is up 6.1% today.

Why JP Morgan downgrades Top Glove? Koon Yew Yin
https://klse.i3investor.com/blogs/koonyewyinblog/2020-12-14-story-h1537569956-Why_JP_Morgan_downgrades_Top_Glove_Koon_Yew_Yin.jsp

China steel FOB prices soar on global demand
https://www.mysteel.net/article/5020272-0501/WEEKLY--China-steel-FOB-prices-soar-on-global-demand.html

Car sales in China rose 12.6 per cent in November from the same month a year earlier to 2.77 million vehicles, the eighth straight monthly rise
https://www.scmp.com/economy/china-economy/article/3113543/chinas-resurgent-car-sales-set-match-2019-levels-despite

The popularity of glove stocks has already disappeared.