Is Iskandar Waterfront City Berhad (KLSE:IWCITY) Undervalued?

https://dasherbusinessreview.com/is-iskandar-waterfront-city-berhad-klseiwcity-undervalued/

IWH will acquire the remaining 61.7% stake in IWC at an offer price of RM1.50 per IWC share. Following the completion of the corporate exercise, IWH will have a total land bank of approximately 6,773 acres in Johor Baru, with an estimated open market value of approximately RM30 billion as assessed by the appointed independent valuers.
Separately, IWC has signed a supplementary agreement with Greenland Tebrau Sdn Bhd for the disposal of three pieces of land measuring a combined 127.92 acres in Johor for RM2.37 billion.

P AND D....

Oil prices jump after US launches missile strike in Syria

https://klse.i3investor.com/servlets/fdnews/234167.jsp

Oil prices jump after US launches missile strike in Syria

https://klse.i3investor.com/servlets/fdnews/234167.jsp

Oil prices jump after US launches missile strike in Syria

https://klse.i3investor.com/servlets/fdnews/234167.jsp

Quarterly rpt on consolidated results for the financial period ended 31 Mar 2016

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5112085

APFT BERHAD

Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD

Description Dato' Faruk Bin Othman, the Executive Chairman of the Company, has notified of his dealing in securities of APFT Berhad (APFT) outside closed period

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5042105

Speaker's Profile :
Martin Wong has a MBA (Dist.) from University of Bath and BSc (Hons) from Monash University, Australia. He's also Best Selling Author, ex-fund manager, TV host, active investor and trader. He has written several Best Selling books, Get Rich with Dividend (2014), Dividends Don't Lie (2012) and SuperCharge Your Investing Approach for Big Profits (2010).

Nigel Foo is the analyst for small cap sector in CIMB Investment Bank. He has 20 years of experience in financial and investment industry and voted in as “Top Small Cap Analyst” by Asiamoney’s 2014 Broker Poll.

Ting Kam Cheong is the Executive Director of Eden Inc. Berhad. 

iVSAChart Mini Workshop 
o Learn when to enter and exit the markets 
o Learn how to avoid common costly mistakes most traders and investors made 
o Find out more about using the iVSAChart web-based system to perform stock picks in KLSE, SGX & HKEx 
o Schedule 06 Mar 2016, 24 Mar 2016 

To register your interest, please contact us via: 

Mobile: +6011-2125-8389/+6018-286-9809/+6018-362-9466

Speaker's Profile :
Martin Wong has a MBA (Dist.) from University of Bath and BSc (Hons) from Monash University, Australia. He's also Best Selling Author, ex-fund manager, TV host, active investor and trader. He has written several Best Selling books, Get Rich with Dividend (2014), Dividends Don't Lie (2012) and SuperCharge Your Investing Approach for Big Profits (2010).

Nigel Foo is the analyst for small cap sector in CIMB Investment Bank. He has 20 years of experience in financial and investment industry and voted in as “Top Small Cap Analyst” by Asiamoney’s 2014 Broker Poll.

Ting Kam Cheong is the Executive Director of Eden Inc. Berhad. 

iVSAChart Mini Workshop 
o Learn when to enter and exit the markets 
o Learn how to avoid common costly mistakes most traders and investors made 
o Find out more about using the iVSAChart web-based system to perform stock picks in KLSE, SGX & HKEx 
o Schedule 06 Mar 2016, 24 Mar 2016 

To register your interest, please contact us via: 

Mobile: +6011-2125-8389/+6018-286-9809/+6018-362-9466

Speaker's Profile :
Martin Wong has a MBA (Dist.) from University of Bath and BSc (Hons) from Monash University, Australia. He's also Best Selling Author, ex-fund manager, TV host, active investor and trader. He has written several Best Selling books, Get Rich with Dividend (2014), Dividends Don't Lie (2012) and SuperCharge Your Investing Approach for Big Profits (2010).

Nigel Foo is the analyst for small cap sector in CIMB Investment Bank. He has 20 years of experience in financial and investment industry and voted in as “Top Small Cap Analyst” by Asiamoney’s 2014 Broker Poll.

Ting Kam Cheong is the Executive Director of Eden Inc. Berhad. 

iVSAChart Mini Workshop 
o Learn when to enter and exit the markets 
o Learn how to avoid common costly mistakes most traders and investors made 
o Find out more about using the iVSAChart web-based system to perform stock picks in KLSE, SGX & HKEx 
o Schedule 06 Mar 2016, 24 Mar 2016 

To register your interest, please contact us via: 

Mobile: +6011-2125-8389/+6018-286-9809/+6018-362-9466

iVSAChart Mini Workshop
o Learn when to enter and exit the markets
o Learn how to avoid common costly mistakes most traders and investors made
o Find out more about using the iVSAChart web-based system to perform stock picks in KLSE, SGX & HKEx
o Schedule 06 Mar 2016 24 Mar 2016

To register your interest, please contact us via:

Mobile: +6011-2125-8389/+6018-286-9809/+6018-362-9466

Email: sales@ivsachart.com

iVSAChart Mini Workshop
o Learn when to enter and exit the markets
o Learn how to avoid common costly mistakes most traders and investors made
o Find out more about using the iVSAChart web-based system to perform stock picks in KLSE, SGX & HKEx
o Schedule 06 Mar 2016 24 Mar 2016

To register your interest, please contact us via:

Mobile: +6011-2125-8389/+6018-286-9809/+6018-362-9466

Email: sales@ivsachart.com

iVSAChart Mini Workshop
o Learn when to enter and exit the markets
o Learn how to avoid common costly mistakes most traders and investors made
o Find out more about using the iVSAChart web-based system to perform stock picks in KLSE, SGX & HKEx
o Schedule 06 Mar 2016 24 Mar 2016

To register your interest, please contact us via:

Mobile: +6011-2125-8389/+6018-286-9809/+6018-362-9466

Email: sales@ivsachart.com

Reply to Bursa Malaysia's Query Letter - Reference ID IQL-23022016-00001
Description : APFT BERHAD - Unusual Market Activity

The letter from Bursa Securities Malaysia Berhad dated 23 February 2016 on unusual market activity of the Company's shares refers.

The Board of Directors of APFT Berhad ("the Company") wishes to confirm that to the best of their knowledge and after making due enquiry with the Directors and major shareholders, seeking the cause of the unusual market activity in the Company's shares, is not aware of any factor which may have contributed to the unusual market activity,


This announcement is dated 23 February 2016.

Putrajaya’s freeze on workers an ‘eyewash’, Bangladesh official tells paper

KUALA LUMPUR (Feb 20): Putrajaya's freeze on the intake of foreign workers including the 1.5 million from Bangladesh has been met with scepticism by a Bangladesh official, the Dhaka Tribune reported.

It quoted the acting secretary of Bangladesh Expatriates’ Welfare and Overseas Employment Ministry, Begum Shamsun Nahar, as saying she believed the Malaysian government would still take in workers from Bangladesh as agreed in a memorandum of understanding


http://www.theedgemarkets.com/my/article/putrajaya%E2%80%99s-freeze-workers-%E2%80%98eyewash%E2%80%99-bangladesh-official-tells-paper

Oil and gas stocks retreat

PETALING JAYA: The brief surge in oil and gas (O&G) stocks came to a screeching halt with stocks reversing gains after it became clear that coordinated cuts by the Organisation of the Petroleum Exporting Countries (Opec) countries were unlikely to materialise.

http://www.thestar.com.my/business/business-news/2016/02/18/oil-and-gas-stocks-retreat/
Thursday, 18 February 2016

Oil and gas stocks retreat

PETALING JAYA: The brief surge in oil and gas (O&G) stocks came to a screeching halt with stocks reversing gains after it became clear that coordinated cuts by the Organisation of the Petroleum Exporting Countries (Opec) countries were unlikely to materialise.

http://www.thestar.com.my/business/business-news/2016/02/18/oil-and-gas-stocks-retreat/
Thursday, 18 February 2016

Oil and gas stocks retreat

PETALING JAYA: The brief surge in oil and gas (O&G) stocks came to a screeching halt with stocks reversing gains after it became clear that coordinated cuts by the Organisation of the Petroleum Exporting Countries (Opec) countries were unlikely to materialise.

http://www.thestar.com.my/business/business-news/2016/02/18/oil-and-gas-stocks-retreat/
Thursday, 18 February 2016

Airlines reject criticism of fares after oil price drop

http://www.thestar.com.my/business/business-news/2016/02/15/airlines-reject-criticism-of-fares-after-oil-price-drop/

Airlines reject criticism of fares after oil price drop

http://www.thestar.com.my/business/business-news/2016/02/15/airlines-reject-criticism-of-fares-after-oil-price-drop/

Airlines reject criticism of fares after oil price drop

http://www.thestar.com.my/business/business-news/2016/02/15/airlines-reject-criticism-of-fares-after-oil-price-drop/

Possible reverse takeover of CWorks soon

http://www.thestar.com.my/business/business-news/2016/02/15/possible-reverse-takeover-of-cworks-soon/

Oil jumps almost 5% after comments by UAE energy minister
Fri Feb 12, 2016 

International benchmark Brent crude was trading at US$31.43 per barrel at 2:15 pm Singapore time, up US$1.37 or 4.56 per cent from Thursday.

http://mobile.reuters.com/article/idUSKCN0VL014

Oil jumps almost 5% after comments by UAE energy minister
Fri Feb 12, 2016 

International benchmark Brent crude was trading at US$31.43 per barrel at 2:15 pm Singapore time, up US$1.37 or 4.56 per cent from Thursday.

http://mobile.reuters.com/article/idUSKCN0VL014

Oil jumps almost 5% after comments by UAE energy minister
Fri Feb 12, 2016 

International benchmark Brent crude was trading at US$31.43 per barrel at 2:15 pm Singapore time, up US$1.37 or 4.56 per cent from Thursday.

http://mobile.reuters.com/article/idUSKCN0VL014

AirAsia, Malaysia Airlines win appeal against MyCC's RM10m fine

theedgemarkets.com | February 4, 2016 : 4:36 PM MYT

KUALA LUMPUR (Feb 4): AirAsia Bhd and Malaysia Airlines Bhd (MAB) (formerly known as Malaysian Airline System Bhd) today won their appeal over the RM10 million fine imposed on each of the companies by Malaysia Competition Commission (MyCC).
The tribunal has unanimously set aside the RM10 million fine imposed by MyCC on both the airlines. In the decision today, the tribunal's chairperson Datuk Hasnah Mohamed Hashim said fines that have been paid shall be refunded.

http://www.theedgemarkets.com/my/article/airasia-malaysia-airlines-win-appeal-against-myccs-rm10m-fine

AirAsia, Malaysia Airlines win appeal against MyCC's RM10m fine

theedgemarkets.com | February 4, 2016 : 4:36 PM MYT

KUALA LUMPUR (Feb 4): AirAsia Bhd and Malaysia Airlines Bhd (MAB) (formerly known as Malaysian Airline System Bhd) today won their appeal over the RM10 million fine imposed on each of the companies by Malaysia Competition Commission (MyCC).
The tribunal has unanimously set aside the RM10 million fine imposed by MyCC on both the airlines. In the decision today, the tribunal's chairperson Datuk Hasnah Mohamed Hashim said fines that have been paid shall be refunded.

http://www.theedgemarkets.com/my/article/airasia-malaysia-airlines-win-appeal-against-myccs-rm10m-fine

Astro wins EPL broadcast rights for next 3 seasons

theedgemarkets.com | February 4, 2016 : 1:58 PM MYT

KUALA LUMPUR (Feb 4): Astro Malaysia Holdings Bhd has secured the English Premier League (EPL) broadcast rights in Malaysia for the next three seasons from 2016/17 to 2018/19.

In a statement today, Astro chief operating officer Henry Tan said Astro has strengthened its position as the home of sports and the choice for sports fans by winning the rights to all Premier League matches for the seasons from 2016/17 to 2018/19.

http://www.theedgemarkets.com/en/article/astro-wins-epl-broadcast-rights-next-3-seasons

Thailand to cut rubber exports 50 pct from March to August

By Reuters / Reuters | February 4, 2016 : 12:12 PM MYT

BANGKOK Feb 4 (Reuters) - Thailand, the world's top rubber producer and exporter, will cut its rubber exports by 50 percent starting March, the Rubber Authority of Thailand said on Thursday.
The International Tripartite Rubber Council (ITRC) said on Thursday that members Thailand, Malaysia, and Indonesia, the world's top three rubber producers, will cut exports by 615,000 tonnes.
"The three countries will cooperate in cutting exports by 615,000 tonnes from March to August," said Chao Songarvut, acting director of the Rubber Authority of Thailand.

http://af.reuters.com/article/commoditiesNews/idAFL3N15J1KA

Thailand to cut rubber exports 50 pct from March to August

By Reuters / Reuters | February 4, 2016 : 12:12 PM MYT

BANGKOK Feb 4 (Reuters) - Thailand, the world's top rubber producer and exporter, will cut its rubber exports by 50 percent starting March, the Rubber Authority of Thailand said on Thursday.
The International Tripartite Rubber Council (ITRC) said on Thursday that members Thailand, Malaysia, and Indonesia, the world's top three rubber producers, will cut exports by 615,000 tonnes.
"The three countries will cooperate in cutting exports by 615,000 tonnes from March to August," said Chao Songarvut, acting director of the Rubber Authority of Thailand.

http://af.reuters.com/article/commoditiesNews/idAFL3N15J1KA

Thailand to cut rubber exports 50 pct from March to August

By Reuters / Reuters | February 4, 2016 : 12:12 PM MYT

BANGKOK Feb 4 (Reuters) - Thailand, the world's top rubber producer and exporter, will cut its rubber exports by 50 percent starting March, the Rubber Authority of Thailand said on Thursday.
The International Tripartite Rubber Council (ITRC) said on Thursday that members Thailand, Malaysia, and Indonesia, the world's top three rubber producers, will cut exports by 615,000 tonnes.
"The three countries will cooperate in cutting exports by 615,000 tonnes from March to August," said Chao Songarvut, acting director of the Rubber Authority of Thailand.

http://af.reuters.com/article/commoditiesNews/idAFL3N15J1KA

Ringgit leads Asia FX losses as oil slips again
By Reuters / Reuters | February 2, 2016 : 2:15 PM MYT

SINGAPORE (Feb 2): Malaysia's ringgit led losses among emerging Asian currencies on Tuesday as crude oil prices resumed their slide and global manufacturing activity remained weak, souring investors' appetite for riskier assets.
The ringgit came under further pressure from renewed concerns over 1Malaysia Development Bhd (1MDB).
Singapore authorities said they had seized a large number of bank accounts in recent months as part of an investigation into possible money-laundering linked to the Malaysia's state-fund.

CURRENCIES VS US DOLLAR
Currency Latest bid Previous day % Move
Ringgit 4.2080 4.1550 -1.26


http://www.theedgemarkets.com/my/article/ringgit-leads-asia-fx-losses-oil-slips-again

Ringgit leads Asia FX losses as oil slips again
By Reuters / Reuters | February 2, 2016 : 2:15 PM MYT

SINGAPORE (Feb 2): Malaysia's ringgit led losses among emerging Asian currencies on Tuesday as crude oil prices resumed their slide and global manufacturing activity remained weak, souring investors' appetite for riskier assets.
The ringgit came under further pressure from renewed concerns over 1Malaysia Development Bhd (1MDB).
Singapore authorities said they had seized a large number of bank accounts in recent months as part of an investigation into possible money-laundering linked to the Malaysia's state-fund.

CURRENCIES VS US DOLLAR
Currency Latest bid Previous day % Move
Ringgit 4.2080 4.1550 -1.26


http://www.theedgemarkets.com/my/article/ringgit-leads-asia-fx-losses-oil-slips-again

Ringgit leads Asia FX losses as oil slips again
By Reuters / Reuters | February 2, 2016 : 2:15 PM MYT

SINGAPORE (Feb 2): Malaysia's ringgit led losses among emerging Asian currencies on Tuesday as crude oil prices resumed their slide and global manufacturing activity remained weak, souring investors' appetite for riskier assets.
The ringgit came under further pressure from renewed concerns over 1Malaysia Development Bhd (1MDB).
Singapore authorities said they had seized a large number of bank accounts in recent months as part of an investigation into possible money-laundering linked to the Malaysia's state-fund.

CURRENCIES VS US DOLLAR
Currency Latest bid Previous day % Move
Ringgit 4.2080 4.1550 -1.26


http://www.theedgemarkets.com/my/article/ringgit-leads-asia-fx-losses-oil-slips-again

Ringgit leads Asia FX losses as oil slips again
By Reuters / Reuters | February 2, 2016 : 2:15 PM MYT

SINGAPORE (Feb 2): Malaysia's ringgit led losses among emerging Asian currencies on Tuesday as crude oil prices resumed their slide and global manufacturing activity remained weak, souring investors' appetite for riskier assets.
The ringgit came under further pressure from renewed concerns over 1Malaysia Development Bhd (1MDB).
Singapore authorities said they had seized a large number of bank accounts in recent months as part of an investigation into possible money-laundering linked to the Malaysia's state-fund.

CURRENCIES VS US DOLLAR
Currency Latest bid Previous day % Move
Ringgit 4.2080 4.1550 -1.26


http://www.theedgemarkets.com/my/article/ringgit-leads-asia-fx-losses-oil-slips-again

Changes in Director's Interest (S135)
GUAN CHONG BERHAD

Information Compiled By KLSE

Director Name DATO DR MOHAMAD MUSA BIN MD. JAMIL
Address 34 Jalan Undan 6 Taman Perling 
Johor Bahru 
81200 Johor 
Malaysia.

Type of transaction Disposed
Date of change 15/01/2016
No of securities 4,687,500
Price Transacted (RM) 0.204

Disposed
19/01/2016
1,500,000
0.164


Director NameTAY HOE LIAN
Address Block 3 T3-10-22 Villa Beverly Hill Condominium Jalan Kemus Simpang Empat 

Type of transaction Disposed
Date of change 19/01/2016
No of securities 2,588,812
Price Transacted (RM) 0.141

Disposed
20/01/2016
8,637,700
0.075

Asia gains as China shares surge on stimulus hopes. Asian shares were mostly higher on Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic growth fanned stimulus hopes. http://www.reuters.com/article/us-global-markets-idUSKCN0UX00N


China Shares Rally as Beijing Reports GDP Growth at 6.9% for 2015. China shares turned higher Tuesday, as investors weighed the likelihood of further stimulus from Beijing following data that the economy grew at its slowest pace in a quarter of a century. The Shanghai Composite Index traded up 1.6%, after flitting near the flat line.
http://www.wsj.com/articles/asia-stocks-may-take-a-pause-from-recent-turbulence-1453158586


Hong Kong and mainland China stock markets ended higher after a choppy morning session on Tuesday, with stocks reacting positively to mainland economic growth data that fell in line with investors’ expectations and Beijing’s targets. http://www.scmp.com/business/markets/article/1902743/hong-kong-and-mainland-china-stocks-finish-morning-higher-after

Asia gains as China shares surge on stimulus hopes. Asian shares were mostly higher on Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic growth fanned stimulus hopes. http://www.reuters.com/article/us-global-markets-idUSKCN0UX00N


China Shares Rally as Beijing Reports GDP Growth at 6.9% for 2015. China shares turned higher Tuesday, as investors weighed the likelihood of further stimulus from Beijing following data that the economy grew at its slowest pace in a quarter of a century. The Shanghai Composite Index traded up 1.6%, after flitting near the flat line.
http://www.wsj.com/articles/asia-stocks-may-take-a-pause-from-recent-turbulence-1453158586


Hong Kong and mainland China stock markets ended higher after a choppy morning session on Tuesday, with stocks reacting positively to mainland economic growth data that fell in line with investors’ expectations and Beijing’s targets. http://www.scmp.com/business/markets/article/1902743/hong-kong-and-mainland-china-stocks-finish-morning-higher-after

Asia gains as China shares surge on stimulus hopes. Asian shares were mostly higher on Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic growth fanned stimulus hopes. http://www.reuters.com/article/us-global-markets-idUSKCN0UX00N


China Shares Rally as Beijing Reports GDP Growth at 6.9% for 2015. China shares turned higher Tuesday, as investors weighed the likelihood of further stimulus from Beijing following data that the economy grew at its slowest pace in a quarter of a century. The Shanghai Composite Index traded up 1.6%, after flitting near the flat line.
http://www.wsj.com/articles/asia-stocks-may-take-a-pause-from-recent-turbulence-1453158586


Hong Kong and mainland China stock markets ended higher after a choppy morning session on Tuesday, with stocks reacting positively to mainland economic growth data that fell in line with investors’ expectations and Beijing’s targets. http://www.scmp.com/business/markets/article/1902743/hong-kong-and-mainland-china-stocks-finish-morning-higher-after

Asia gains as China shares surge on stimulus hopes. Asian shares were mostly higher on Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic growth fanned stimulus hopes. http://www.reuters.com/article/us-global-markets-idUSKCN0UX00N


China Shares Rally as Beijing Reports GDP Growth at 6.9% for 2015. China shares turned higher Tuesday, as investors weighed the likelihood of further stimulus from Beijing following data that the economy grew at its slowest pace in a quarter of a century. The Shanghai Composite Index traded up 1.6%, after flitting near the flat line.
http://www.wsj.com/articles/asia-stocks-may-take-a-pause-from-recent-turbulence-1453158586



Hong Kong and mainland China stock markets ended higher after a choppy morning session on Tuesday, with stocks reacting positively to mainland economic growth data that fell in line with investors’ expectations and Beijing’s targets. http://www.scmp.com/business/markets/article/1902743/hong-kong-and-mainland-china-stocks-finish-morning-higher-after

Asia gains as China shares surge on stimulus hopes. Asian shares were mostly higher on Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic growth fanned stimulus hopes. http://www.reuters.com/article/us-global-markets-idUSKCN0UX00N


China Shares Rally as Beijing Reports GDP Growth at 6.9% for 2015. China shares turned higher Tuesday, as investors weighed the likelihood of further stimulus from Beijing following data that the economy grew at its slowest pace in a quarter of a century. The Shanghai Composite Index traded up 1.6%, after flitting near the flat line.
http://www.wsj.com/articles/asia-stocks-may-take-a-pause-from-recent-turbulence-1453158586


Hong Kong and mainland China stock markets ended higher after a choppy morning session on Tuesday, with stocks reacting positively to mainland economic growth data that fell in line with investors’ expectations and Beijing’s targets. http://www.scmp.com/business/markets/article/1902743/hong-kong-and-mainland-china-stocks-finish-morning-higher-after

Creador Sdn Bhd, founder and CEO Brahmal Vasudevan has bought a 6.56% stake in convenience chain 7-Eleven (M) Holdings Bhd for RM108.82mil (US$25.28mil).

XOX Bhd 5th Annual General Meeting
Date of Meeting : 03 Dec 2015
Time : 09:00 AM
Venue : Food Tree Café, No. 10, Jalan Pelukis U1/46, Kawasan Perindustrian Temasya, Shah Alam, Selangor Darul Ehsan

Tycoon Tan Sri Surin Upatkoon and Pinjaya Sdn Bhd made a takeover offer for MWE Holdings Bhd for RM391mil in cash and deferred amount, sending the share price up to a high of RM1.60.

MWE said on Monday they had offered RM1.70 a share which would comprise RM267.49mil in cash and deferred amount of RM123.91mil owed by Pinjaya to MWE.
Surin owns 75.1 million shares or 32.62% of MWE via his direct stake of 0.34% and an indirect stake of 30.80% via Pinjaya.

Johor Corporation, which the largest shareholder of Kulim (Malaysia) Bhd has proposed to take the latter private via a selective capital reduction and repayment (SCR)of RM4.10 per share.