https://app2.msci.com/eqb/gimi/stdindex/MSCI_Aug23_STPublicList.pdf

US Sugar #11 Futures Price drop 19% from May peak of US Cents 27.41/lbs to US Cents 22.18/lbs

SIME ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES FOR RAMSAY SIME DARBY

Star new weekly business newspaper -Star Biz7 https://starbiz7.com.my/connect?utm_source=print

is the deposit payable to GENM forfeited?

foreign fund is selling but foreign shareholdings not many in Pchem, less than 10% for this counter.

Sales Revenue of RM 531 million, LAT of RM 120 million, which has improved from its LAT of RM 155 million in 2Q23.
3Q23 registering an improved set of results with a decline in sequential operational losses, driven by increased ASPs as well as ongoing quality and cost optimisation measures.

Palm oil rallies over 6% on concerns over hot, dry weather

https://t2p.pw/wkREa1H2Cl

share price drop, dividend, outlook.....all are explained here:

https://www.publicbankgroup.com/media/525drd4f/minutes-of-pbb-57th-agm.pdf

how is the link btw Pos Aviation In-flight Catering, Pos Aviation Sdn Bhd and Pos Malaysia?

https://www.nst.com.my/news/nation/2023/06/920182/malaysia-airlines-end-catering-deal

https://www.msmsugar.com/investor-relations/events-annoucements

1. coarse sugar RM 2.85/kg can be raised?
https://www.insage.com.my/ir/cmn/downloading.aspx?sFileName=23117000052119&sReportType=AUDIT9&sCompanyCode=MSM
Page 5: “ We shall keep the possibility of further hikes in selling prices depending on the
Government outcome to increase the controlled ceiling price for the consumer
segment to which the joint sugar industry is scheduled to reengage KPDN in Q3 2023
to address structural price changes for long term sugar industry sustainability”

2. Selling price too low behind MSM loss and no dividend?
https://www.insage.com.my/ir/cmn/downloading.aspx?sFileName=23117000052119&sReportType=AUDIT10&sCompanyCode=MSM
Page 4: “ In FY2022, no dividend was declared. Nevertheless, the intention for FY2023 is to work towards the improvement of company’s financial and operational performance to deliver greater value to our shareholders.
Any dividend in FY2023, will be assessed based on the whole year's performance at the discretion of the Board and guided by the Group's dividend policy “


3. If sugar RM 2.85/kg cannot raise can government provide sugar subsidy?
https://www.insage.com.my/ir/cmn/downloading.aspx?sFileName=23117000052119&sReportType=AUDIT10&sCompanyCode=MSM
Page 11: “The Government understands our challenges as input cost continues to remain high post UkraineRussia war. Global demand outstrips lower production due to weather. The world sugar prices have been increasing but Malaysia retail prices have remained unchanged with no subsidy”

Axiata to write off RM377m and 'assess further impairment' as Ncell tax dispute dismissed!
https://theedgemalaysia.com/node/670768

recently most listed company pay less dividend AND nothing from AGM

Yesterday AGM door gift from MSM:

1. Gula Super Premium Grain Sugar 1kg
2. Beras Wangi Ladang 1kg
3. Minyak Masak Saji 1kg
4. Garam Putih Saji 400ml
5. Susu Pekat Saji
6. Santan Krim Saji 200ml
7. KFC Food Voucher RM20

After Inari is “out” from KLCI, The benchmark KLCI, overloaded with “old economy” sector (banks, PETRONAS link, utilities, telcos and plantations), has been especially weak, now hovering around the 1,400 level, which is almost 20% below where it was a decade ago(2013), with market trading liquidity similarly hobbled!

Westports in, Inari out of FBM KLCI under Bursa's semi-annual review

https://www.bursamalaysia.com/bm/about_bursa/media_centre/ftse-bursa-malaysia-klci-semi-annual-review-1

now can buy liao

Star Media minority shareholders reject related party deal with Matang

https://theedgemalaysia.com/node/669329

today is MSCI Rebalancing day , market is going to be very volatile after 4pm.

giving less dividend?

FY Total Dividends (RM Billion)/ DPS (sen)
2022 3.2998 / 17
2021 2.9504 / 15.2
2020 2.5234 / 13
2019 2.834 / 14.6
2018 2.6787 / 13.8
2017 2.3555 / 12.2
2016 2.2397 / 11.6
2015 2.1624 / 11.2
2014 2.0831 / 10.8
2013 1.8211 / 10.4

has been excluded from the syariah-compliant list. But the fundaments is not affected

https://www.sc.com.my/api/documentms/download.ashx?id=e6cffd45-ccdc-42f5-ac1c-d10d670e86bd

I believe that's exactly what they want to do but government message is very clear, once consumer is complaning about the shortage of normal sugar supply.

both MSM and CSR will kena


in the case consumer prefer this new premium sugar than normal one, I think MSM will turn around very soon

2nd reminder : no change for existing retail ceiling price of RM2.85/kg (coarse sugar) and RM2.95/kg (refined sugar) !

please be reminded that fine white sugar <> refined sugar

Govt allows sugar operators to sell fine white sugar at floating price from May 25

https://theedgemalaysia.com/node/668503

how much local fund can support?

look at its 1Q earnings , such terrible result !

latest AGM Minutes:

https://unitedplantations.com/wp-content/uploads/2023/05/Minutes-of-102ndAGM27-April-2023.pdf

keep seeing DXN advertising its IPO in various newspaper

i guess , IGB REIT share price drop could be due to the following AND NOT BECAUSE OF THIS FIRE ISSUE

https://app2.msci.com/eqb/gimi/smallcap/MSCI_May23_SCPublicList.pdf

change name From IPOWER to INSTACO , then to VIVOCOM , then VINVEST

If inari drop out as KLCI constituent due for a semi-annual review, then the KLCI component will back to 10 / 20 yrs ago old economic model likes Banks, Petronas link, Telco, Plantation and Utilizes.

Hapseng will be removed from the MSCI Global Standard Indexes, affected ?

provision of RM7.31 million in impairment !!

Axis REIT provides RM7m impairment as tenant Yongnam defaults on rental
https://www.theedgemarkets.com/node/666028

@Dato, you should put the sources of the news/rumor.

as you know, most of the Malaysian didn't subscribe for the online Epaper either The Edge Malaysia, The Star, NST, Sinchew, Chinapress or Nanyang

as usual , the particular company will make an announcement either on Mon or Tue after the edge weekly reported all those news

Beware of its QoQ Revenue -12% to RM 460m and PAT – 30% to RM 112.5m

kindly share the AGM highlights to us. Tq

*Utilisation of proceeds*
The cash proceeds to be generated from the Proposed Disposal are intended to be utilised *for general
corporate and investment purposes*, including the funding of future investments as and when they arise.

Here are the Q&A during Tuesday AGM
1. https://www.petronas.com/pcg/sites/default/files/2023-04/Reply%20Letter%20to%20MSWG%20-%20PETRONAS%20Chemicals%20Group%20Berhad.pdf
2. https://www.petronas.com/pcg/sites/default/files/2023-04/Answers%20Script%20for%2025th%20PCG%20AGM%20QnA_For%20Upload%20(FINAL).pdf

Any Setel Voucher give to shareholder during today AGM? How Much?
Heard that their product price in 2023 are expected to be lower vs 2022 prices

https://www.reuters.com/article/japan-casino-osaka/japan-pm-kishida-says-to-approve-osaka-as-site-of-casino-resort-jiji-idINL1N36G0JI

from this enanyang said "云顶持有73.6%云顶新加坡股权?" confirm boh?

who was new director appointed on 1/6/2022?
Is there any purpose to subscribe 47.01m LKL Rights Share?

Would concept of PM be something like苏州工业园区(Suzhou Industrial Park) or 天津生态城( Tianjin Eco-city, SSTEC) ?

any idea what kind of project to be announced? Infra? Chipset? EV? AI? Data Centre? Aerospace? Petrochemical?

Online Questions 3

https://unitedplantations.com/wp-content/uploads/2021/05/Minutes-of-AGM-22-April-2021-.pdf

https://www.nst.com.my/news/nation/2023/03/892419/govt-ends-puspakom-monopoly-vehicle-inspections