https://www.thestar.com.my/business/business-news/2024/12/20/penang-drives-high-tech-export-growth-to-the-us

USD = RM 4.11 (end sept Q3)
USD = RM 4.51 (end Dec Q4)

USD = RM 4.11 (end sept Q3)
USD = RM 4.51 (end Dec Q4)

With the introduction of new projects in the automotive and EMS segments, we are optimistic about achieving sustainable growth, targeting a robust 20% to 25% revenue increase for FY2025 compared to the current financial year

Western digital EPS FY2024 = -$1.35
Western digital EPS FY2025 = $7.49
Western digital EPS FY2026 = $13.40

Western digital EPS FY2024 = -$1.35
Western digital EPS FY2025 = $7.49
Western digital EPS FY2026 = $13.40

https://www.marketbeat.com/stocks/NASDAQ/WDC/earnings/

The strength of our HDD product portfolio lies in our UltraSMR technology, delivering the industry’s highest capacity hard drives with unmatched reliability, quality, and performance, offering a compelling TCO to our customers. With the continued proliferation of the AI Data Cycle, our Flash and HDD product portfolios are well-positioned to capitalize on significant opportunities as adoption continues to grow.

The strength of our HDD product portfolio lies in our UltraSMR technology, delivering the industry’s highest capacity hard drives with unmatched reliability, quality, and performance, offering a compelling TCO to our customers. With the continued proliferation of the AI Data Cycle, our Flash and HDD product portfolios are well-positioned to capitalize on significant opportunities as adoption continues to grow.
https://www.marketbeat.com/stocks/NASDAQ/WDC/earnings/

https://www.penangpropertytalk.com/2024/11/gurney-bay-and-andaman-island-considered-for-penangs-special-financial-zone/

https://thesun.my/business-news/eo-s-andaman-island-will-elevate-penang-s-economy-CD13322257

bought e&o at 97sen

bought iwcity at 55.5sen

Fundamentallt, myeg derive triple source of income
1. Malaysia concessions and its related commercial service, earning MYR

2. Cytomarket through selling zetrix token, denominator in USD

3. Serivce fee ZID, Ztrade, Zcert, earning renminbi

✌

💪

ASTRON始终致力于构筑跨境互信体系
1. 构建国际关系网络，建立国际生态阵地。构建包含国际组织、国际企业、国际专家在内的国际关系网络，同时依托ITU、IEEE等标准化组织以及DIF、TOIP等国际技术与产业联盟，构建星火生态国际阵地，推动技术、产业侧交流合作

2. 全面推动星火生态“走出去”。基于“星火·链网”节点网络的国际化部署，构建国际合作机制、桥梁，推动星火技术及应用体系、星火生态企业等走出去、启动ASTRON伙伴计划等

3. 打造基于ASTRON的国际化联盟生态，构筑跨境互信体系。基于节点网络部署，建立跨境多可信主体的ASTRON数据核验联盟，为不同国家机构用户、个人用户提供数据&凭证核验服务。基于分布式数字身份服务，建立ASTRON可信发证方联盟，进一步增进跨境互信

中国信通院高度重视国际化发展并积极构建国际生态。依托G20、金砖、上合、中国-东盟、一带一路等国际合作机制，“星火·链网”通过已建设的国际超级节点（马来西亚 (myeg)、澳门），超级节点（厦门、柳州），以及骨干节点（山东胶州、广州横琴）等，充分发挥节点地区业务特色，赋能跨境数字贸易和跨境数据流通，面向东盟、上合、金砖等国家提供国际化服务

MyEG’s Zetrix platform to offer digital ID services to China nationals and business entities for overseas verification
https://theedgemalaysia.com/node/737414

The addition of Chinese digital ID verification serves to further reinforce the Zetrix
ecosystem as the most comprehensive global ID solution.
Besides digital IDs of Chinese individuals and businesses, Zetrix, together with the MYEG
Group as a whole, is also a key partner in the provision of Malaysia's national ID solutions and the roll-out of WorldID

Creating cross-border trust is of great importance, especially the verification of digital
identity, credentials and documents. We would like to create a trusted data channel,
together with MYEG, to facilitate the international cooperation between China and the
rest of the world in the digital age.,” said Mr You Xiaoyu, Head, International Department
of Astron

“Digital IDs issued as Verifiable Credentials will usher in the next wave of innovation and
introduce the first billion users to the Web 3 ecosystem. With the endorsement and use
by various Governmental organisations, we expect Digital IDs to be the killer application
for Web3," said Zetrix co-founder TS Wong.

The Board of Directors of the Company wishes to announce that Zetrix, a layer 1 public blockchain, announced today an exclusive partnership outside China with Astron-Xinghuo BIF, the international chain of China’s national public permissioned blockchain under the Ministry of Industry and IT, to jointly offer and promote applications for Digital IDs of Chinese nationals and business entities, a service that enables real-time fraud-proof identity verification

https://www.facebook.com/MyMDEC/posts/mdec-has-officially-launched-the-halal-traceability-pilot-project-in-partnership/978158384338290/

"Creating cross-border trust is of great importance, especially the verification of digital identity, credentials and documents. We would like to create a trusted data channel, together with MYEG, to facilitate the international cooperation between China and Malaysia and the rest of the world in the digital age," said Xiaoyu You, Head of International Cooperation Department of the Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology ("CAICT"), which is responsible for the development, execution and implementation of Xinghuo BIF.

Leveraging on the unparalleled advantages of blockchain technology, the new ZCert service provides a more advanced, convenient, reliable and secure method of verifying identity information in real-time, thus bringing a more pleasant overall experience to identity holders and verifying entities alike when compared with conventional credential verification methods

Our Chinese digital ID application combined with Malaysia’s national ID and world ID and future sovereign IDs make ZCert the most comprehensive global digital ID solution

https://www.msn.com/en-us/money/markets/china-vows-to-ramp-up-policy-stimulus-to-spur-growth-in-2025/ar-AA1vwzi2?ocid=BingNewsSerp

IOI properties have big exposure in Xiamen, China namely IOI Palm City, Palm City Mall, Hotel and IOI Palm International Parkhouse

https://www.thestar.com.my/business/business-news/2024/12/10/trump-family-and-allies-to-bask-in-crypto-euphoria

New digital serivce to be introduced: eCNY for china citizens, world ID, mydigitalID, expanding ztrade to Asean and upcoming zetrix ETF

added more myeg at 94.5sen

sold back at 1.12

sold at 32.5sen + entitle dividend

Bullish chart, riding on the renewed momentum, myeg should travel toward RM 1 mark.

https://www.msn.com/en-gb/money/technology/at-gulf-bitcoin-gathering-trump-family-and-allies-to-bask-in-crypto-industry-s-euphoria/ar-AA1vv3K2?ocid=BingNewsSerp

🤞

😃

IOI properties, next Sunway ! both share similar business model, only different is IOI properties yet unlock value through REITS. Within next 1-2 year, it should be ripe time for IOI properties to trade above its current NTA

The complaint against Resorts World could result in severe sanctions and consequences for the Strip casino property. The board has requested the Nevada Gaming Commission consider taking action against Resorts World’s gaming license or placing the property under regulatory supervision.

In its 31-page complaint filed on Aug. 15, the NGCB describes an “overall lack of control,” and “acceptance among Resorts World executives,” toward illicit behavior to such an extent that it resulted in the “perception and/or reality” that the casino is “an avenue to launder funds” and “further criminal activity.”

https://igamingbusiness.com/casino/land-based-casino-regulation/resorts-world-extension-nevada/

The “Kulai Fast Lane,” a key initiative designed to facilitate the entry of foreign investments, will now be expanded into a larger program known as the Invest Malaysia Facilitation Centre.

This expansion aims to further enhance the ease of doing business in Johor, focusing on simplifying regulatory processes and providing investors with the necessary support to launch and grow their ventures.

Since its inception, the Kulai Fast Lane has successfully facilitated over 38 investments worth a staggering RM52 billion, proving the state’s growing prominence as a regional investment hub.

The new Invest Malaysia Facilitation Centre is expected to build on this success, making Johor an even more attractive destination for global investors looking to tap into the dynamic Southeast Asian market.

With the signing of the JS-SEZ agreement and continued investments pouring into Johor, the state is poised to emerge as a leader in Malaysia’s economic landscape, driving growth, innovation, and cross-border collaboration for years to come.

Next upcoming major kicker for IOI are
1. Marina View fetch gross development value SGD 3.65 billion
2. Johor-Singapore special economic zone
3. official land disposal for 2 data center, with potential cum as developer with leaseback agreement for recurring profit instead of outright sale.
4. The Gemas–Johor Bahru Electrified Double-Tracking Project to be operate in first half 2025. It will benefit IOI industrial properties which capitalize on railway line along its Kulai Industrial park, Gemas Industrial park and Segamat industrial park
5. REITS
6. HSR
7. More Fed rate cut
8. higher occupancy rate in Central Boulevard tower

dragon328
Generally, first few anchor mover will be granted early bird special discount such as Amazon and Mongan Staney, Once secure 50% occupancy rate, landlaord will normalize their rental rate.

Initial rental income needs to offset agent commission fee and account for free rental grace period for fitting. Once this gestation period is over, only the real rental income can fully account.

Profit margin increasing= rental income (increasing opponency) - interest expense (decreasing interest rate in accord to Fed rate commence begin Sept 2024, Nov 2024 and upcoming Dec 2024 which IOI have yet to account any in its latest in Q1 FY2025 which ended in Sept)

IOI Central Boulevard Towers
Fully Fitted
Rental: S$ 50,424 /mo
Size: 3,056 sqft
Rate: S$ 16.5 psf
https://www.commercialguru.com.sg/listing/for-rent-ioi-central-boulevard-towers-25419167

Typical Bare unit, rate is minimum S$ 14 psft
prime bare unit can fetch S$ 17.5 psft
https://officesolutions.com.sg/directory/ioi-central-boulevard-towers/

Added more cmsb at 1.16

The Gemas–Johor Bahru Electrified Double-Tracking Project will be completed early next year. It will benefit IOI industrial properties which capitalize on railway line along its Kulai Industrial park, Gemas Industrial park and Segamat industrial park

IOI properties earning kicker is Marina View fetch gross development value SGD 3.65 billion. Marina View development is 51-storey, mixed-use development which IOI purchased for SGD 1.508 billion in September 2021 consist of 350-room luxury hotel, W Singapore with perched on top of the W hotel is the 683-unit luxury condo Marina View Residences

locked all profit at 59.5sen

https://www.channelnewsasia.com/singapore/fed-rate-cut-implications-singapore-savings-interest-rates-mortgage-4617951

“Looking ahead, sequential improvements are expected, supported by higher occupancy at IOI Central Boulevard (IOICB) and reduced interest costs as rates decline, increased JV contributions from improved South Beach office occupancy, recognition of the Melaka land sale in 3Q25 for an estimated RM70mil net gain and initial contributions from Marina View Residences,” the research house said.

HLIB Research has a target price of RM4.05 a share for the counter based on a 35% discount to its estimated revised net asset value (RNAV) of RM6.24 a share.

It added IOIProp’s business prospects in Malaysia, Singapore and China are currently seeing a rejuvenation and the group will see significant value from its assets in Singapore, IOICB and Marina View Residences, which should anchor strong earnings ahead for 2025 and beyond.

One off gain from zhuhai. Payout 30% from gain as special dividend 2.6sen

https://www.msn.com/en-my/news/national/jb-singapore-rts-link-nears-major-milestone-as-rail-systems-installation-to-start-soon/ar-AA1uXizh

https://www.msn.com/en-my/news/national/jb-singapore-rts-link-nears-major-milestone-as-rail-systems-installation-to-start-soon/ar-AA1uXizh

Monthly rental rates at IOI Central Boulevard Towers are between $14 and $15 psf. Blue-chip tenants such as Amazon and Morgan Stanley have already pre-leased 40% of the 1.26 million sq ft premium Grade-A office space at IOI Central Boulevard Towers.

In July 2022, Amazon signed up for 369,000 sq ft of space, while in June 2023, Morgan Stanley was said to be relocating from Capital Square and taking up between 90,000 and 100,000 sq ft across five floors in the new office blocks.