Posted by Tian Bao Ming > 2019-03-16 22:04 | Report Abuse

Actually this counter is quite a good counter if you study on their strategy. Their portfolio are diversified thus if Malaysia economic goes worsen, this share will go up as a reason of translation gain. Keeping this share in your portfolio is strategically sound because firstly, it is profit making and secondly, it will give you good value if you are to dispose off and lastly, u can say whatever bad thing about the management as u want to drive down their price, the fact is that they do things right and their business is helping in our community. I don't see why should we discourage a company who help to take good care about welfare of elderly livings. We all would definitely get old some days. So let's not talk about whether the community support their business, at least shareholder should support their vision.

Posted by cllvintaneng > 2019-03-20 12:50 | Report Abuse

Congratulations to those who been patient.

Just hold for another 2 years, no need worry everyday and check the price.
Watch youtube 小皮 楊心美 first. Watch for 1~2 years, then come back.

Posted by firehawk > 2019-04-15 14:37 | Report Abuse

so terrible ....

Posted by chinaman > 2019-05-01 19:11 | Report Abuse

Mr Grady declined to say how many parties had entered into due diligence and given non-binding indicative bids, but said it was a good number. Possible buyers are major investor Singapore-based Mulpha and China's largest insurer China Life Insurance. On price, he said potential acquirers were also talking about "indicative numbers higher than where we're trading at the moment" as they were focused on the long-term growth of Aveo's target market and the opportunity to export its model to other countries.

"They're also looking at what is, by world standards, really good practice in this area and thinking about whether they can export them to overseas," he said.

Aveo shares, which have lost 30 per cent of their value over the past 12 months, were trading 5¢, or almost 3 per cent higher, on Wednesday at $1.77.

Over the six months to December, Aveo's revenue dropped from $208 million to $144 million as revenue from sales of non-retirement assets - a process started in 2014 - slowed to $33.7 million from $85.7 million. A $63.2 million after-tax decrease in the valuation of Aveo's retirement portfolio plunged the group into a net loss of $44.7 million from a profit of $149.3 million.

The slowing residential market had affected the 50-year discounted cash flow valuation of retirement properties the company takes the capital gain on in its sales to, and subsequent repurchase from, residents, Mr Grady said.

Posted by chinaman > 2019-05-07 19:26 | Report Abuse

Further to our announcements dated 11 April 2017 and 11 August 2017, we wish to announce that the reconstruction of Hayman Island following Tropical Cyclone Debbie is nearing completion with a formal re-opening of the property under the InterContinental brand now scheduled for 1 July 2019. Insurance proceeds due under the Group’s property and business interruption coverage have now been fully received. The resort will re-open as one of Australia’s most luxurious resort properties and the Group anticipates strong interest from both domestic and international leisure travellers.

Posted by firehawk > 2019-05-30 20:00 | Report Abuse

1Q19,
EPS = 21.67sen,
Net asset /share =RM10.34 !!!

Posted by Anthony Shi > 2019-07-11 17:37 | Report Abuse

Keen to hear your oppinions on my detailed writeup of Mulpha. Cheers!

https://sites.google.com/view/TheBadInvestor

Posted by absalom > 2019-07-15 11:11 | Report Abuse

The whole purpose of investment is returns. If you don't give out dividends for years, what good does the nta do for investors. You are using the hard earned money of the investing public to enrich yourself. After some time people shun the shares, and you can then use it to your advantage to squeeze the minority out at even lower prices. It's a game many controling shareholders of listed companies play.

Posted by Jeffreyteck > 2019-07-17 19:55 | Report Abuse

That's why all the way to holland as only majority SH, management and bod get most of whatever they did. Minority eat glasses is sufficient. Glad never buy this but just observing how they play around. Anyway, may be opportunities for trading.

Posted by absalom > 2019-07-19 15:49 | Report Abuse

You can cheat the minority, use the loopholes in the system and law, manipulate the financials but eventually that easily accumulated wealth from cheating the public usually comes with a price. Karma's a bitch.

Posted by Jeffreyteck > 2019-07-19 18:22 | Report Abuse

Avg price target 1.04 looks funny till now.

Posted by absalom > 2019-07-19 20:26 | Report Abuse

They will bring it down to take it private cheap.

Posted by Anthony Shi > 2019-07-19 20:42 | Report Abuse

Mulpha just sold the 4-star Esplanade Cairns hotel for 60% premium to book value. Increases NTA from 10.19RM to 10.32RM/Share (Share price 2.15RM). Reduces Gearings from 42% to 40%

In response to some of the above comments, the salary of the management here is much less than other less shareholder friendly companies in the space like KSL where the family gets compensated 10 mill while it is closer to 1.5 mill at Mulpha.

Never the less, I would like to hear of specific examples where members know that Mulpha has acted in the disinterest of shareholders. I know that there was talk of the company canceling non marketable during the consolidation 10:1 a few years back. Not sure if this was true

Posted by miniminer > 2019-07-27 18:15 | Report Abuse

I belives coming qauter will be another very profitable Q. Wish MULPHA gives interim-dividend to minority shareholders....hehehe.....

Posted by absalom > 2019-08-06 12:47 | Report Abuse

What good people of high integrity to trust your money with. http://www.ytlcommunity.com/commnews/shownews.asp?newsid=14052

Posted by chinaman > 2019-08-12 13:58 | Report Abuse

Aug 6 (Reuters) - Australia’s Aveo Group said on Tuesday that Brookfield Asset Management Inc had offered A$1.27 billion ($859.4 million) in cash to acquire the retirement-home operator.

The disclosure is the first time Aveo has put a value on the offer since it first revealed it was in talks with the Canadian firm nearly a month ago.

Brookfield’s proposal values Aveo at A$2.195 per share, representing a 8.1% premium to the company’s last close.

Posted by chinaman > 2019-08-12 14:00 | Report Abuse

Mulfart has 22.6% stake in Aveo. Mulfart entitled for at least AUD287million CASH....

Posted by absalom > 2019-08-26 12:07 | Report Abuse

Why buy-back at 2 when you can bring it down and do it at 1.

Posted by sell > 2019-08-30 10:37 | Report Abuse

Agree. Loss RM 166 million 1.9+ not cheap.

absalom Why buy-back at 2 when you can bring it down and do it at 1.
26/08/2019 12:07 PM

Posted by miniminer > 2019-09-09 18:16 | Report Abuse

What a disgusting poor half year performance, someone got fired by now??......... or really want cheap cheap cheat "Buy back" ?.........hehehe...........

Posted by firehawk > 2019-09-30 15:44 | Report Abuse

3 yrs ago sold the RI to small SH @2.50 .... now is ~2.00, very clever major SH .....

Posted by firehawk > 2019-09-30 16:02 | Report Abuse

NTA =RM9.84 ... selling only ~2.00, is another very outstanding achievement!

Posted by chinaman > 2019-09-30 19:46 | Report Abuse

OTHERS MULPHA INTERNATIONAL BHD ("MULPHA") PRIVATISATION OF AVEO GROUP LIMITED ("AVEO"), A 24.39% OWNED ASSOCIATE COMPANY OF MULPHA, BY HYDRA RL BIDCO PTY LTD AND HYDRA RL TOPCO PTY LTD, ENTITIES CONTROLLED BY BROOKFIELD ASSET MANAGEMENT INC, ON BEHALF OF ITS MANAGED FUNDS ("OFFEROR PARTIES") VIA A TRUST SCHEME AND A COMPANY SCHEME OF ARRANGEMENT ("SCHEMES")

Posted by Anthony Shi > 2019-10-07 18:05 | Report Abuse

I suspect Brookfield is going to come in, clean up the business and exit in 3-5 years at a fair price. The independent valuation in the scheme booklet says that the medium to long term is bright for Aveo and that short term looks bad, but with Brookfield coming onboard as a financial backdrop for Aveo, we can expect good things from Aveo moving forward.

Mulpha is expected to keep the stake in Aveo via the script as Brookfield works its magic. Mulpha shareholders will benefit when Brookfield exits Aveo after it cleans it up. Aveo shares were selling at a discount prior to the deal, but with Brookfield, the business should find itself reflecting the businesses true value sooner or later

Posted by Anthony Shi > 2019-10-07 18:11 | Report Abuse

The the Brookfield takeover of Aveo, The scheme still needs to be voted for but the indicative timeline suggests the transaction will be completed before the end of the year.

Scheme meeting late October
Effective date Early November
Implementation date mid November

It is encouraging that management is taking steps to close the gap between Net Tangible Asset value and the price of the shares

Posted by Anthony Shi > 2019-10-28 14:39 | Report Abuse

Mulpha has elected to take 1/3 of its ownership in Aveo as Cash (100m AUD, 285m MYR). The current market cap of Mulpha is 616M MYR. The additional liquid assets are very attractive to shareholders.

Mulpha can make land acquisitions in Sydneys depressed market (not a bad idea) or preferably, BUYBACK shares. Buying back shares at these depressed values would be equivalent to buying trophy Sydney properties at 70% off.

Posted by Anthony Shi > 2019-11-04 18:07 | Report Abuse

FIRB approves Mulpha's election of script

Posted by Anthony Shi > 2019-11-06 15:45 | Report Abuse

Shareholders approve the takeover bid. Court has to approve it and its through. 13th November 2019

Posted by Anthony Shi > 2019-11-13 12:09 | Report Abuse

Sale of Rydges Esplanade Resort Located in Cairns Australia announced on the 17 July 2019 has been completed for a total consideration of A$35.8 million (equivalent to approximately
RM104.5 million)

Posted by Jeffreyteck > 2019-11-30 13:22 | Report Abuse

Beautiful results. Is ok to make losses as it will take some times to fully deplete its NTA. May be the next impairment will be the current assets as it is too high.

Posted by mk00001 > 2019-12-02 14:37 | Report Abuse

The whopping RM315.38 million impairment on its investment in an Australia-listed associate, AVEO, widened Mulpha International Bhd's net loss substantially to RM299.32 million in the third quarter ended Sept 30, 2019 (3QFY19) from RM6.65 million in the previous corresponding quarter.

The hefty impairment offset the improved performance in the hospitality and property divisions, said the company in a filing with Bursa Malaysia.

Posted by chinaman > 2019-12-02 20:21 | Report Abuse

This impairment loss is just a temporary loss but long term gain to let giant asset manager, Brookfield with USD330billion assets to deal with legal suit in aveo. which affects its image. Mulpha will still own 15.5% indirect shareholding in the newco. thus, good chance to recover back its impairment loss., eventually.

Posted by Anthony Shi > 2019-12-03 09:06 | Report Abuse

This business is at maximum pesimism now. Moving forward, mulpha has a trove of trophy assets which are all performing well.

Commercial as expected and indexed to inflation, was not effected in property downturn in Australia. Real estate seeing stronger settlements in Brisbane. Enterprising management lending credit to distressed developers in aus, which in my oppinion is a better business than development. Hayman back up and running. Monetised cairs rydges. Leasure farm is struggling and will do so in the mid term until the market turns and they see more foreign investment.

Despite management/Brookfield ripping off shareholders, its undeniable that Brookfield is a specialist at cleaning up companies to sell or IPO. We will likely see aveo get monetised in the next 3-5 years. The write down is a short term accounting querk that is based on the quoted takeover bid from Brookfield (2.15 when nta is 3.5+ and at the trough of a property market and sentiment). The true economic value will be unlocked when Brookfield looks to exit.

This is an amazing set up and management should buy back stock. Quality set of assets for 1.90 when a fair value for the lot is 8+? Business is also cashflow positive thanks to resorts and commercial so not a melting ice cube.

Only risk is that management may enriches themselves rather than shareholders, but I think the risk is covered in that 75% discount. Would be a good asymetric bet here

Posted by miniminer > 2019-12-03 16:03 | Report Abuse

After AVEO contibutes RM 264.3 million lost last quarter now post another RM315.38 million impairments to Mulpha shareholder........

Posted by Jeffreyteck > 2019-12-03 18:00 | Report Abuse

One of few with high book price ratio, looks cheap but many just ignored it bcos cheap doesn't mean good. At best only for speculative play.

Posted by Anthony Shi > 2019-12-04 06:18 | Report Abuse

I don't disagree with your views on the risks or management. The aveo deal was a joke, I also agree with you there. Looking at the situation objectively, the price justify the risk personally. Aveo was selling closer to 35% discount to assset value, you might argue that there wasnt enough marigin of safety there like there is here. Can't find any other set of assets of such high quality for this price. The assets are a solid investment, the management is speculative.

As far as using discount to true intrinsic value as a way to look at investments, this is an age old methodology from Ben Graham, father of value investing and used by Buffett.

Posted by chinaman > 2019-12-04 10:08 | Report Abuse

Aveo is a baby giant which only giant manager like Brookfield able to handle it. Mulpha at this size level sure not able to come up with AUD1.7Billion to privatise whole aveo despite knowing AUD2.15 vs NTA AUD3.50 is a rip off of all aveo minority shareholders. Over 90% say yes to privitisation which mulpha no choice but to follow. However, not all is lost as the group opt for newco shareholdings 15.5% i/o of all cash. Aveo latest setback is reputation, image which only large giant able to handle challenging lawsuit by aveo old folks.

Posted by chinaman > 2019-12-04 11:50 | Report Abuse

The best gift from Junior Lee is mudabangla dividend in specie which now rising up like dragon. Junior Lee did have give some return to minority disgruntled shareholders. Terima kasih junior Lee. Wakaka

Posted by Anthony Shi > 2019-12-04 21:35 | Report Abuse

Miniminer what are some examples of businesses you like at today's prices?

Posted by vespa > 2019-12-28 02:03 | Report Abuse

I held this stock years ago expecting net asset revaluation etc....gave up!. This might just be ..an ATM
( won't take much to figure this out)

Posted by Victor Yong > 2019-12-30 11:06 | Report Abuse

MADAM YONG PIT CHIN (DECEASED) 18-Dec-2019 Notice of Person Ceasing 128,144,148 0.000 View Detail
MR LEE MING TEE 18-Dec-2019 Notice of Interest 128,144,148 0.000 View Detail
MR LEE SENG HUANG 18-Dec-2019 Others 78,124,200 0.000 View Detail
MR LEE SENG HUANG 18-Dec-2019 Others 50,019,948 0.000 View Detail
MANY MERIT ASIA LIMITED ("MMAL") 17-Oct-2017 Acquired 2,020,020 0.000 View Detail
MANY MERIT ASIA LIMITED ("MMAL") 10-Oct-2017 Acquired 1,193,500 0.000 View Detail
MANY MERIT ASIA LIMITED ("MMAL") 09-Oct-2017 Acquired 294,800 0.000 View Detail
MANY MERIT ASIA LIMITED 29-Sep-2017 Notice of Interest 19,734,580 0.000 View Detail
MADAM YONG PIT CHIN 03-Jul-2017 Others 78,124,200 0.000 View Detail
MADAM YONG PIT CHIN 03-Jul-2017 Others 50,019,948 0.000 View Detail
MADAM YONG PIT CHIN 03-Jul-2017 Others 6,690,660 0.000 View Detail
MADAM YONG PIT CHIN 03-Jul-2017 Others 4,815,300 0.000 View Detail
MADAM YONG PIT CHIN 03-Jul-2017 Others 4,000,000 0.000 View Detail
MAGIC UNICORN LIMITED 03-Jul-2017 Others 50,019,948 0.000 View Detail
MOUNT GLORY INVESTMENTS LIMITED 03-Jul-2017 Others 78,124,200 0.000 View Detail
MOUNT GLORY INVESTMENTS LIMITED 03-Jul-2017 Others 50,019,948 0.000 View Detail
MOUNTBATTEN CORPORATION 03-Jul-2017 Others 78,124,200 0.000 View Detail
MR LEE SENG HUANG 03-Jul-2017 Others 78,124,200 0.000 View Detail
MR LEE SENG HUANG 03-Jul-2017 Others 50,019,948 0.000 View Detail
MR LEE SENG HUANG 03-Jul-2017 Others 6,690,660 0.000 View Detail
MR LEE SENG HUANG 03-Jul-2017 Others 6,000,000 0.000 View Detail
MR LEE SENG HUANG 03-Jul-2017 Others 4,815,300 0.000 View Detail
MR LEE SENG HUANG 03-Jul-2017 Others 4,000,000 0.000 View Detail
NAUTICAL INVESTMENTS LIMITED 03-Jul-2017 Others 78,124,200 0.000 View Detail

Posted by Victor Yong > 2019-12-30 11:07 | Report Abuse

:)

06-Dec-2018 21-Dec-2018 DIVIDEND_IN_SPECIE Dividend in specie 1 : 3.537 Dividend Detail
09-Jun-2017 28-Jun-2017 CONSOLIDATION Share Consolidation 10 : 1 Dividend Detail

Posted by Good123 > 2019-12-30 11:14 | Report Abuse

3905    MULPHA    MULPHA INTERNATIONAL BHDOTHERSOTHERS
MULPHA INTERNATIONAL BHD ("MIB")- Subscription by Mulpha Strategic Limited (an
indirect wholly-owned subsidiary of MIB) of Series 1 US$60 million 7% Notes due
2019 issued by Mudajaya Ventures Limited (a wholly-owned subsidiary of Mudajaya
Group Berhad) under its US$200 million Euro Medium Term Note ("EMTN") Programme
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

27/12/2019   07:00 AM

Ref Code: 201912273000224

Posted by Good123 > 2019-12-30 11:16 | Report Abuse

MULPHA INTERNATIONAL BERHAD
SubjectCIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED RATIFICATION FROM THE SHAREHOLDERS OF MULPHA INTERNATIONAL BHD ("MULPHA") OF THE ACCEPTANCE OF A PRIVATISATION SCHEME UNDERTAKEN BY HYDRA RL BIDCO PTY. LTD., AN ENTITY CONTROLLED BY BROOKFIELD ASSET MANAGEMENT INC. FOR ALL THE SECURITIES OF AVEO GROUP LIMITED AND AVEO GROUP TRUST, WHICH IS IN TURN A 24.39% ASSOCIATE COMPANY OF MULPHA

Posted by Good123 > 2019-12-30 11:18 | Report Abuse

Mulpha: Sells Cairns hotel for AUD65m. Mulpha International is selling a 4-star hotel in Cairns for AUD65m (RM187.9m). The company have entered into a property and business asset sale agreement with JY Cairns Esplanade Hotel Pty Ltd on July 16 for the disposal of Rydges Esplanade Resort. The proposed disposal will enable the group to unlock the value of the property and generate cash for the group. (The Edge)

Posted by Victor Yong > 2019-12-30 13:34 | Report Abuse

mulpha is related to hong kong listed company, sun hung kai :)


LEE SENG HUANG
Non-Independent Executive Chairman
Male, Malaysian
Mr Lee, aged 44, was educated at the University of Sydney
in Australia and has wide ranging financial services and real
estate investment experience in the Asian region.
Mr Lee is currently the Group Executive Chairman of Sun
Hung Kai & Co. Ltd, a company listed in Hong Kong. He
is also the Non-Executive Chairman of AVEO, a leading
retirement group listed on the Australian Securities
Exchange.
Mr Lee was appointed to the Board as Executive Chairman
on 15 December 2003.
Mr Lee has no directorships in other listed issuers or public
companies in Malaysia

MR LEE SENG HUANG 18-Dec-2019 Others 78,124,200 0.000 View Detail
MR LEE SENG HUANG 18-Dec-2019 Others 50,019,948 0.000 View Detail

Posted by Victor Yong > 2019-12-30 13:35 | Report Abuse

[MULPHA] Change In Substantial Shareholder's Shareholding - MANY MERIT ASIA LIMITED ("MMAL") on 20-Oct-2017
Stock [MULPHA]: MULPHA INTERNATIONAL BHD
Announcement Date 20-Oct-2017
Substantial Shareholder's Particular:
Name MANY MERIT ASIA LIMITED ("MMAL")
Details of Changes:
Currency -
Date of Change Type Number of Shares
17-Oct-2017 Acquired 2,020,020
Registered Name Alliancegroup Nominees (Asing) Sdn Bhd Exempt AN for Sun Hung Kai Investment Services Ltd for MMAL
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Acquisition of shares
Total no of securities after change
Direct (units) 23,242,900
Direct (%) 7.28
Indirect (units) 0
Indirect (%) 0.00
Total (units) 23,242,900
Total (%) 7.28
Date of Notice 20-Oct-2017

Posted by Victor Yong > 2019-12-30 13:40 | Report Abuse

2018 was good

PROFIT AND LOSS ANALYSIS
2018 2017 Change
RM’000 RM’000 RM’000 % Change
Revenue 784,904 1,170,015 (385,111) (33%)
Profit from operations 219,433 318,955 (99,512) (31%)
Profit before interest and tax 399,510 551,947 (152,437) (28%)
Profit before tax 308,614 452,215 (143,601) (32%)
Profit after tax 235,729 369,189 (133,460) (36%)
Profit attributable to Owners of the Company 235,699 369,315 (133,616) (36%)
Revenue by Business Segment
2018 2017
RM’000 RM’000 % Change
Property 333,004 658,052 (49%)
Hospitality 370,216 451,107 (18%)
Investment & other activities 81,684 60,856 34%
TOTAL 784,904 1,170,015 (33%)
Profit Before Tax by Business Segment
2018 2017
RM’000 RM’000 % Change
Property 152,886 345,607 (56%)
Hospitality 92,826 31,849 191%
Investment & other activities (26,269) (58,501) 55%
Results from operating activities 219,443 318,955 (31%)
Finance Cost (90,896) (99,732) 9%
Profit after interest before tax 128,547 219,223 (41%)
Share of results of association and joint ventures 180,067 232,992 (23%)
TOTAL 308,614 452,215 (32%)

Posted by Victor Yong > 2019-12-30 13:41 | Report Abuse

GENERAL PROSPECTS AND
OUTLOOK OF THE GROUP
Over the past 3 years, the Group has focussed upon
building the diversity of earnings and becoming less reliant
upon real estate development activities. This strategy
ensured that the impact of a material slowdown in Australian
property markets in 2018 was partly offset from stronger
contributions from the Hotel, Hospitality and Education
divisions of the Group. In real estate, our initiatives to
establish a debt lending platform throughout 2017 and
2018 has enabled the Group to generate strong risk
adjusted returns in debt positions with lower risk than equity
investments. In the short to medium term, we expect that
real estate conditions in Australia will remain challenging
and as a result the Group anticipates lower returns from
development while we actively expand our debt platform
opportunities.
In Malaysia, we are focused upon creating stronger
discipline and structure into the property development
business to assist in minimising development risk and
earnings volatility. The subdued property market in Malaysia
over the last few years is expected to continue throughout
2019. In part, this is attributed to the change in government
that occurred in May 2018 heralding a new era of more
controlled growth. There is some cautious optimism for the
economy to grow with a rise in consumer spending while
the cost of living stabilises.
We are confident that our portfolio of hospitality assets is
well positioned for 2019. Our status in the luxury hotel sector
in Australia and United Kingdom in desired destinations for
tourists and business travellers will benefit from the relatively
weakened Australian Dollar and Sterling Pound. Mulpha
works closely with each of our operators to drive operational
innovation and excellent operational efficiencies. This focus
has ensured that our properties continue to outperform our
direct competitors both in revenue and profit performance.
After an extensive period of redevelopment, Hayman Island
will open in July 2019 under the InterContinental brand.
The investment in Hayman has included a range of new
infrastructure and back of house improvements that will
drive improved operational efficiencies upon reopening.
Following the acquisition of the Waldorf Hotel in Auckland
in 2018, approval has recently been obtained to subdivide
72 apartments to create 144 hotel rooms. Work on this
project is scheduled to be completed in the second half
of 2019 and will underwrite stronger profit generation in
future years. The Group continues to actively pursue an
active investment strategy in the Hotel sector to maximise
portfolio returns.
Our strategy to continue to diversity and build resilience to
earnings will continue in 2019 and beyond. In Education,
our private equity investment in Education Perfect, an
online education platform established in New Zealand
and Australia has outperformed its targets and will expand
further into international markets in 2019. Our Hotel School
joint venture has also delivered materially higher earnings
and expansion into a new Brisbane campus is planned
for late 2019. We are also actively working on building a
diversified portfolio of private equity investments in growing
companies.
While the overall Australian market is displaying greater
volatility than prior periods, we remain confident that the
Group’s specialist expertise in our key market segments of
real estate, education and hospitality will result in ongoing
expansion and improved operating results over the medium
and longer term.
GREGORY DAVID SHAW
Chief Executive Officer
4 April 2019

Posted by Victor Yong > 2019-12-30 13:45 | Report Abuse

ANALYSIS OF SHAREHOLDINGS
as at 20 March 2019

THIRTY LARGEST SECURITIES ACCOUNT HOLDERS BASED ON RECORD OF DEPOSITORS
No. Name of Shareholders No. of Shares % *
1. Nautical Investments Limited 75,507,000 23.64
2. Magic Unicorn Limited 50,019,948 15.66
3. Alliancegroup Nominees (Asing) Sdn Bhd
- Exempt AN for Sun Hung Kai Investment Services Limited 33,170,100 10.38
4. HSBC Nominees (Tempatan) Sdn Bhd
- Exempt AN for Credit Suisse AG (HK-CLT-T-OS PR) 12,000,000 3.76
5. JF Apex Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Paramjit Singh Gill (Margin) 7,867,300 2.46
6. Klang Enterprise Sendirian Berhad 6,690,660 2.09
7. Amsec Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Vista Power Sdn Bhd 6,463,833 2.02
8. Yong Pit Chin 4,815,300 1.51
9. Alliancegroup Nominees (Tempatan) Sdn Bhd
- Exempt AN for Sun Hung Kai Investment Services Limited (A/C Client) 4,000,000 1.25
10. First Positive Sdn Bhd 3,714,345 1.16
11. Nautical Investments Limited 2,617,200 0.82
12. Neoh Choo Ee & Company Sdn Berhad 2,600,000 0.81
13. Vista Power Sdn Bhd 2,536,370 0.79
14. HSBC Nominees (Asing) Sdn Bhd
- Morgan Stanley & Co. International Plc (Firm A/C) 2,396,800 0.75
15. Citigroup Nominees (Asing) Sdn Bhd
- CBNY for Dimensional Emerging Markets Value Fund 2,057,221 0.64
16. Citigroup Nominees (Asing) Sdn Bhd
- CBNY for Emerging Market Core Equity Portfolio DFA Investment
 Dimensions Group Inc 1,885,140 0.59
17. Kenanga Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Teh Siew Wah (021) 1,834,960 0.57
18. UOB Kay Hian Nominees (Asing) Sdn Bhd
- Exempt AN for UOB Kay Hian Pte Ltd (A/C Clients) 1,814,570 0.57
19. HLB Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Tan Chang Joon 1,500,000 0.47
20. UOB Kay Hian Nominees (Tempatan) Sdn Bhd
- Exempt AN for UOB Kay Hian Pte Ltd (A/C Clients) 1,416,378 0.44
21. Lim Gaik Bway @ Lim Chiew Ah 1,401,090 0.44
22. HSBC Nominees (Asing) Sdn Bhd
- Exempt AN for The Hongkong and Shanghai Banking
 Corporation Limited (PB-HKDIV-ACCL) 1,305,000 0.41
23. Citigroup Nominees (Asing) Sdn Bhd
- CBNY for DFA Emerging Markets Small Cap Series 1,254,030 0.39
24. TA Nominees (Tempatan) Sdn Bhd
- Pledged Securities Account for Oh Kim Sun 1,250,000 0.39
25. Cartaban Nominees (Asing) Sdn Bhd
- BCSL Client AC PB Cayman Clients 1,040,100 0.33
26. Ong Ngoh Ing @ Ong Chong Oon 1,010,000 0.32
27. Affin Hwang Nominees (Asing) Sdn Bhd
- DBS Vickers Secs (S) Pte Ltd for Rubicon Nominees Pty Ltd 1,000,000 0.31
28. Citigroup Nominees (Asing) Sdn Bhd
- Exempt AN for OCBC Securities Private Limited (Client A/C-NR) 914,058 0.29
29. Citigroup Nominees (Asing) Sdn Bhd
- Exempt AN for UBS AG Singapore (Foreign) 835,000 0.26
30. RHB Nominees (Asing) Sdn Bhd
- Pledged Securities Account for Lee Sui Hee 815,855 0.26