Market Technical Reading - A Penetration Of The 10-day SMA Is Crucial To Trading Sentiment... - 30/09/2010

Local Market Leads:
♦ Bursa Malaysia ended slightly higher on Wednesday, as investors sought bargains following the overnight rebound
in the US markets and gains in early Asian markets on better Chinese manufacturing data.

Market Technical Reading - A Penetration Of The 10-day SMA Is Crucial To Trading Sentiment... - 30/09/2010

Kencana Petroleum Berhad : Ending The Year Within Our Expectation - 30/09/2010

♦ Within expectations. 12MFY07/10 core net profit was unsurprisingly in
line with both our full-year expectation (RM131.4m) and consensus
estimate (RM136.6m). Recall, we previously mentioned that management
had guided for a 15% yoy growth in net earnings for FY10. Full-year
earnings came in at RM135.8m for FY10, and 4QFY07/10 results of
RM41.5m.

Kencana Petroleum Berhad : Ending The Year Within Our Expectation - 30/09/2010

Hai-O Enterprise Berhad : MLM Division Slowdown Worse Than Expected - 30/09/2010

Below expectations. Hai-O’s 1QFY04/11 net profit was below our and
consensus estimates, accounting for only 11.2% and 12.2% of our and
consensus full year net profit forecasts respectively. Earnings dropped
significantly by 57.7% yoy and 45.3% qoq respectively. The drop was
mainly attributed to its MLM division, which experienced a contraction in
revenues of 73% yoy, while accounting for only 8% of our full year revenue
estimate for the division.

Hai-O Enterprise Berhad : MLM Division Slowdown Worse Than Expected - 30/09/2010

SapuraCrest Petroleum Berhad : 2QFY11 Results Within Expectations - 30/09/2010

♦ In line. 6MFY11 net profit of RM103.9m was comfortably within our
expectation, accounting for 48.2% and 47.7% of our and consensus fullyear
estimates respectively.

SapuraCrest Petroleum Berhad : 2QFY11 Results Within Expectations - 30/09/2010

Quality Concrete Holdings Berhad : Returns To The Black in 1HFY01/11 - 30/09/2010

♦ Above our expectation. Quality Concrete’s 1HFY01/11 net profit of
RM1.7m already exceeded our full year forecast. Key variances were
better-than-expected performances from its manufacturing operations and
a lower effective tax rate (16.6% vs. our assumption of 24%) due to the
utilisation of tax losses carried forward.

Quality Concrete Ltd : Returns To The Black in 1HFY01/11 - 30/09/2010

VS Industry Berhad : FY10 Core Net Profit Grew 197.6% YoY - 30/09/2010

♦ Above expectations. VSI’s 4QFY07/10 net profit of RM14.2m brought
FY10 core net profit to RM35.2m (+197.6% yoy), accounting for 154.8%
of our full-year estimate. Despite the full-year revenue being largely in line
with our numbers, the key variances were: 1) better-than-expected fullyear
EBIT margins of 7.1% (vs. our forecast of 5.7%), which we believe
was due to operating leverage effect on the back of higher utilisation rate;
and 2) lower-than-expected effective tax rate.

VS Industry Berhad : FY10 Core Net Profit Grew 197.6% YoY - 30/09/2010

Plantation Sector Update : The “Knock-On” Effect - 30/09/2010

♦ Knock-on effect from changes in other vegetable oil dynamics.
Although not much has changed in terms of the fundamental demand and
supply factors of CPO in the last few months, there have been changes in
the dynamics of other vegetable oils, and this has had a knock-on effect on
CPO prices. Since June 2010, soyoil prices have risen 25%, while rapeseed
oil prices have risen 20% and CPO prices by 14.4% to current levels.

Plantation Sector Update : The “Knock-On” Effect - 30/09/2010

Corporate Highlights - 30/09/2010

♦ Plantation
Sector Update : The “Knock-On” Effect

♦ Kencana Petroleum
Results Note : Ending The Year Within Our Expectation

Corporate Highlights - 30/09/2010

RHB Equity 360° - 30 September 2010 (Plantation, Kencana, SapuraCrest, VS, Hai-O; Technical: MMC)

Sector Update
- Although not much has changed in terms of the fundamental demand and supply factors of CPO in the last few months, changes in the dynamics of other vegetable oils have had a knock-on effect on CPO prices. Since Jun, soyoil prices have risen 25%, while rapeseed oil prices have risen 20% and CPO prices by 14.4% to current levels.

RHB Equity 360° - 30 September 2010 (Plantation, Kencana, SapuraCrest, VS, Hai-O; Technical: MMC)

Economic Highlights - Vietnam : Real GDP Grew At A Faster Pace In January-September 2010 - 29/09/2010

◆ In the first nine months of 2010, the Vietnamese real GDP grew at a faster pace of 6.5% yoy, compared with +6.2% in the 1H and +4.6% in the corresponding period of 2009, underpinned by a sustained increase in exports, while domestic demand remained resilient. The economy strengthened to 7.2% yoy in the 3Q, from +6.4% in the 2Q.

Economic Highlights - Vietnam : Real GDP Grew At A Faster Pace In January-September 2010 - 29/09/2010

Economic Highlights - Vietnam : Economic Activities Held Up Relatively Well In September - 29/09/2010

◆ Vietnam’s industrial production moderated to 15.1% yoy in September, after a rebound to +15.2% in August
and compared with +12.3% in July. This suggests that industrial activities, though moderating, remain resilient.

Economic Highlights - Vietnam : Economic Activities Held Up Relatively Well In September - 29/09/2010

Mandarin Version : Market Technical Reading - Unless 1,450 Is Violated, Short-term Uptrend Remains Intact... - 29/09/2010

Local Market Leads:
♦ Undermined by the weakness in the regional front, the local market succumbed to fresh selling momentum and ended lower on Tuesday.

Mandarin Version : Market Technical Reading - Unless 1,450 Is Violated, Short-term Uptrend Remains Intact.....

Tracking The World Economy... - 29/09/2010

China Bans Rare-Earth Exports To Japan?
At the height of the fishing-boat squabble, Japanese Economy Minister said that China’s “de facto” ban on exports of rare earths to Japan may have a big impact on the country’s economy.

Tracking The World Economy... - 29/09/2010

RHB Equity 360° - 29 September 2010 (Gamuda, Jaya Tiasa; Technical: Unisem)

4QFY10 Results/Briefing Note
- FY07/10 net profit came in within our forecast and the market expectation.
- Gamuda is confident about securing the Cabinet approval for the RM36bn MRT project “before the end of the year”. It is optimistic that physical work can start as soon as by mid- or late-2011.

RHB Equity 360° - 29 September 2010 (Gamuda, Jaya Tiasa; Technical: Unisem)

Jaya Tiasa Berhad : Higher Selling Prices Boost Performance - 29/09/2010

♦ In line. 1Q FY04/11 net profit of RM22.5m came in at 31% and 40% of our
and consensus forecast respectively. We view this to be in line with our
forecast as we expect Jaya Tiasa to record lower net profit in the next few
quarters due to the strengthening of RM against US$. We note that the
sales of its timber products are mainly exported and transacted in US$.

Jaya Tiasa Berhad : Higher Selling Prices Boost Performance - 29/09/2010

Gamuda Berhad : FY07/10 Net Profit Grows 45%, Expects Cabinet Approval for MRT Soon - 29/09/2010

No issue. FY07/10 net profit came in within our forecast and the market consensus.

Gamuda Berhad : FY07/10 Net Profit Grows 45%, Expects Cabinet Approval for MRT Soon - 29/09/2010

Corporate Highlights - 29/09/2010

♦ Gamuda
Results / Briefing Note : FY07/10 Net Profit Grows 45%, Expects Cabinet Approval for MRT Soon

♦ Jaya Tiasa
Results Note : Higher Selling Prices Boost Performance

Corporate Highlights - 29/09/2010

Market Technical Reading - Unless 1,450 Is Violated, Short-term Uptrend Remains Intact... - 29/09/2010

Local Market Leads:
♦ Undermined by the weakness in the regional front, the local market succumbed to fresh selling momentum and ended lower on Tuesday.

Market Technical Reading - Unless 1,450 Is Violated, Short-term Uptrend Remains Intact... - 29/09/2010

Mandarin Version : Market Technical Reading - Removing The 10-day SMA Will Spur More Buying... - 28/09/2010

Local Market Leads:
♦ Buoyed by the strong gain in the Wall Street on last Friday as well as the regional markets’ performance yesterday,
the local market finished sharply higher on Monday, reversing its recent consolidation.

Mandarin Version : Market Technical Reading - Removing The 10-day SMA Will Spur More Buying... - 28/09/2010

Mandarin Version : Lion Corporation Berhad : Momentum Would Likely Increase Significantly If It Removes - 28/09/2010

A bullish chart breakout from the stubburn downtrend. The share price of
LionCor has been trending at below the Downtrend Resistance Line (DRL) since
touching a high of RM0.595 in May 2009. In the technical rebound in Jan and Apr
2010, the stock hit the DRL at RM0.43 and RM0.38 respectively, but on both
occasions, it failed to penetrate the tough DRL. However, in recent months, the
stock seems to stabilise at above the RM0.265 support level, and has in recent
sessions pierced through the DRL. The breakthrough is seen as a fresh bullish chart
breakout from the stubburn downtrend.

Mandarin Version : Lion Corporation Berhad : Momentum Would Likely Increase Significantly If It Removes - 2...

Tracking The World Economy... - 28/09/2010

Renewed Concerns Over Euroland’s Sovereign Debt Problem Weighed Down The Euro
The euro fell from a five-month high against the US dollar on renewed concerns over the sovereign debt problems after
one of Ireland’s largest and most troubled banks was downgraded and political infighting raised doubts about Portugal’s
austerity plans. The euro weakened against 12 of its 16 most-traded counterparts.

Tracking The World Economy... - 28/09/2010

Adventa Berhad : Below Expectations - 28/09/2010

♦ 3QFY10 core net profit fell 3.7% yoy. Adventa’s 3QFY10/10 net profit
of RM8.2m (-3.7% yoy; +27.1% qoq), was below our and consensus
expectations with 9MFY10 net profit of RM24.0m (flat yoy) accounting for
60% and 67% of our and consensus full-year net profit estimates
respectively. We believe the key variance was due to the slower-thanexpected
commencement of operations from its new factory in Kluang,
Johor, which we now expect would start contributing to earnings from end-
4Q10 as compared to our earlier expectations of 3Q10 due to some slight
delay in installing the lines. As expected, no dividend was declared during
the quarter.

Adventa Berhad : Below Expectations - 23/09/2010

Market Technical Reading - Removing The 10-day SMA Will Spur More Buying... - 28/09/2010

Local Market Leads:
♦ Buoyed by the strong gain in the Wall Street on last Friday as well as the regional markets’ performance yesterday, the local market finished sharply higher on Monday, reversing its recent consolidation.

Market Technical Reading - Removing The 10-day SMA Will Spur More Buying... - 28/09/2010

Sunway City Berhad : Another Landbanking Effort - 28/09/2010

♦ Buying Penang land for RM38.8m. Suncity announced that its wholly-owned
subsidiary – Sunway City (Penang) S/B had entered into a Sale and Purchase
Agreement (SPA) with Sungei Ara Holdings S/B to acquire a freehold land in
Penang, measuring 32.74 ha (or 80.9 acres). Total cash purchase consideration
is RM38.8m, funded by internal funds.

Sunway City Berhad : Another Landbanking Effort - 28/09/2010

Lion Corporation Berhad : Momentum Would Likely Increase Significantly If It Removes

A bullish chart breakout from the stubburn downtrend. The share price of
LionCor has been trending at below the Downtrend Resistance Line (DRL) since
touching a high of RM0.595 in May 2009. In the technical rebound in Jan and Apr
2010, the stock hit the DRL at RM0.43 and RM0.38 respectively, but on both
occasions, it failed to penetrate the tough DRL. However, in recent months, the
stock seems to stabilise at above the RM0.265 support level, and has in recent
sessions pierced through the DRL. The breakthrough is seen as a fresh bullish chart
breakout from the stubburn downtrend.

Lion Corporation Berhad : Momentum Would Likely Increase Significantly If It Removes - 28/09/2010

Evergreen Fibreboard Berhad : Related-party Acquisition of 41.8% Interest in Dawa Timber Industries For RM6.27m - 28/09/2010

Related-party acquisition. Evergreen has announced an acquisition of an additional 41.8% equity interest in Dawa Timber Industries (M) S/B (DTI) for RM6.27m from Evergreen Timber Products Pte Ltd (ETP). DTI is already a 44.67%-owned associate of Evergreen, while ETP is majority-owned by the Kuo family. DTI’s principal activity is manufacturing of fancy plywood.

Evergreen Fibreboard Berhad : Related-party Acquisition of 41.8% Interest in Dawa Timber Industries For RM6...

EON Capital Berhad : Shareholders Approve HL Bank’s Offer - 28/09/2010

♦ EON Cap’s shareholders approve HL Bank’s bid. EON Cap’s
shareholders yesterday approved HL Bank’s proposal to acquire the entire
assets and liabilities of EON Cap for RM5.06bn (Offer or Proposed
Disposal). According to the announcement, the Proposed Disposal was put
to vote by shareholders that collectively hold a 63% stake in EON Cap,
with 97% voting in favour of the proposal.

EON Capital Berhad : Shareholders Approve HL Bank’s Offer - 28/09/2010

Corporate Highlights - 28/09/2010

♦ Top Glove Corporation
Results Preview : Expecting Weaker Earnings QoQ On Slower
Orders and Margin Contraction

♦ Adventa
Results Note : Below Expectations

Corporate Highlights - 28/09/2010

Top Glove Corporation Berhad : Expecting Weaker Earnings QoQ On Slower Orders and Margin Contraction - 28/09/2010

♦ 4Q10 results preview. Top Glove is expected to announce its full-year
results on 6 Oct. While we expect weaker numbers qoq, for the full-year,
we see yoy growth of approximately 40-45% largely due to: 1) higher
sales volume on the back of the new lines in F19 and F20; and 2) yoy
margin expansion resulting from better economies of scale.

Top Glove Corporation Berhad : Expecting Weaker Earnings QoQ On Slower Orders and Margin Contraction - 28/0...

RHB Equity 360° - 28 September 2010 (Top Glove, Adventa, Suncity, EON Cap, Evergreen; Technical: AirAsia, Lion Corp)

Results Preview
- Top Glove is expected to announce its full-year results on 6 Oct. While we expect weaker numbers qoq, for the full-year, we see yoy growth of approximately 40-45% largely due to: 1) higher sales volume; and 2) margin expansion on the back of better economies of scale.

RHB Equity 360° - 28 September 2010 (Top Glove, Adventa, Suncity, EON Cap, Evergreen; Technical: AirAsia, L...

GW Plastic Holdings Berhad : Public Issue Of 16.0m New Shares, And Offer For Sale Of 45.4m Shares - 27/09/2010

Background. GW Plastics Holdings (GWH) was incorporated in 1971 as a
manufacturer of plastic packaging products such as shopping bags and plastic sheets for general household and consumer use. It then expanded its horizons into manufacturing higher quality flexible packaging films and more value added products such as printed films, wicketing bags and specialty films. The structure of the group is simple and focused with only two 100%-owned associates, GW Plastic and GW Packaging. The group’s factory is situated in Rawang, on 28.6 acres of land, with a current annual extruding capacity of 46.2m kg, which is currently fully utilised.

GW Plastic Holdings Berhad : Public Issue Of 16.0m New Shares, And Offer For Sale Of 45.4m Shares - 27/09/2010

YTL Cement Berhad : Acquiring Remaining 35.16% Stake in Perak- Hanjoong Simen For RM200m - 27/09/2010

♦ Acquiring 35.16% stake in Perak-Hanjoong Simen. YTL Cement has
proposed to acquire the remaining 35.16% equity interest in Perak-
Hanjoong for RM200m from Gopeng Bhd. Perak-Hanjoong is the second
largest integrated cement producer in Malaysia and operates two plants
located in Padang Rengas, Perak. It has a capacity of 3m metric tonnes per
annum for clinker and 3.4m metric tonnes per annum for cement. It also
has a cement depot and packing plant near Batu Caves, Selangor with an
annual capacity of 0.6m metric tonnes.

YTL Cement Berhad : Acquiring Remaining 35.16% Stake in Perak- Hanjoong Simen For RM200m - 27/09/2010

Mandarin Version : Market Technical Reading - A Technical Rebound Likely Today... - 27/09/2010

Local Market Leads:
♦ Bursa Malaysia continued its sharp correction and lost another 0.5% on Friday, as investors continued to lock in their profit on core blue chips.

Mandarin Version : Market Technical Reading - A Technical Rebound Likely Today... - 27/09/2010

Mandarin Version : DRB-Hicom Berhad : Upside Targets Of RM1.31 And RM1.39 In The Near Term… - 27/09/2010

DRBHCom closed successfully at above the key hurdle of RM1.20.
DRBHCom’s movement has been volatile since last year’s rally from below
RM0.74 level. As the stock accelerated above the RM0.95 level in Mar 2010, it
touched a high of RM1.31, before falling off the key RM1.20 level in a
consolidation in Apr. Since Aug, the stock picked up its upward momentum and
rechallenged the key resistance level of RM1.20. It hit a 5-month high of RM1.25
last week before closing Friday at RM1.21, ended successfully above the RM1.20
tough hurdle.

Mandarin Version : DRB-Hicom Berhad : Upside Targets Of RM1.31 And RM1.39 In The Near Term… - 27/09/2010

Mandarin Version : Commodities & Currencies : US Dollar Likely To Stay In A Weakening Trend… - 27/09/2010

Light Sweet Crude Oil futures (Crude)
♦ The US Light Sweet Crude Oil futures continued to linger between the levels of US$74 and US$78 last week, as we have expected earlier.

Mandarin Version : Commodities & Currencies : US Dollar Likely To Stay In A Weakening Trend… - 27/09/2010

Tracking The World Economy... 27/09/2010

Finding A Safe Haven Currency To Invest In A volatile Environment Remains A Challenge
Developed nations’ central banks and governments shifted their policies recently toward a loosening bias in a move to spur economic activities, as economic growth in these countries are slowing down or just about to slow. The moves tend to result in weakening currencies, forcing investors to scramble to find the least vulnerable currencies to invest.

Tracking The World Economy... 27/09/2010

Corporate Highlights - 27/09/2010

♦ Taking Stock
Market update : Catalysts Or Risks?

♦ Motor
Sector Update : Another Month Of Good Numbers

Corporate Highlights - 27/09/2010

Commodities & Currencies : US Dollar Likely To Stay In A Weakening Trend… - 27/09/2010

Light Sweet Crude Oil futures (Crude)
♦ The US Light Sweet Crude Oil futures continued to linger between the levels of US$74 and US$78 last week, as we have expected earlier.

Commodities & Currencies : US Dollar Likely To Stay In A Weakening Trend… - 27/09/2010

DRB-Hicom Berhad : Upside Targets Of RM1.31 And RM1.39 In The Near Term… - 27/09/2010

DRBHCom closed successfully at above the key hurdle of RM1.20.
DRBHCom’s movement has been volatile since last year’s rally from below
RM0.74 level. As the stock accelerated above the RM0.95 level in Mar 2010, it
touched a high of RM1.31, before falling off the key RM1.20 level in a
consolidation in Apr. Since Aug, the stock picked up its upward momentum and
rechallenged the key resistance level of RM1.20. It hit a 5-month high of RM1.25
last week before closing Friday at RM1.21, ended successfully above the RM1.20
tough hurdle.

DRB-Hicom Berhad : Upside Targets Of RM1.31 And RM1.39 In The Near Term… - 27/09/2010

Market Technical Reading - A Technical Rebound Likely Today... - 27/09/2010

Local Market Leads:
♦ Bursa Malaysia continued its sharp correction and lost another 0.5% on Friday, as investors continued to lock in their profit on core blue chips.

Market Technical Reading - A Technical Rebound Likely Today... - 27/09/2010

Motor Sector Update : Another Month Of Good Numbers - 27/09/2010

♦ TIV still going strong. August’s TIV reached 55,208 units and was up
13.7% yoy and 3.2% mom (+2.9% yoy and -1% mom in July). Better
numbers were mainly due to the rush for car deliveries before the Hari
Raya festivities. Going into September, MAA has mentioned that TIV
numbers will be lower due to consolidation after the rush for deliveries
and clearing of back order. We also expect the shorter working month to
be another reason for softer sales in the coming month. YTD TIV of
409,806 achieved 70% of our full-year forecast of 587,698 and 72% of
MAA’s forecast of 570,000.

Motor Sector Update : Another Month Of Good Numbers - 27/09/2010

Market Update : Taking Stock Catalysts Or Risks? - 27/09/2010

♦ Two years on ... Two years after the spectacular collapse of Lehman
Brothers on 15 Sep, which heralded the downturn of the financial industry
and global macroeconomic conditions, we note that most of the Asian
market indices (except for China and Japan) have already returned to or
surpassed the levels prior to the downturn.

Market Update : Taking Stock Catalysts Or Risks? - 27/09/2010

RHB Equity 360° - 27 September 2010 (Market, Motor, YTL Cement; Technical: KNM, DRB-Hicom)

Market Update
- One year ago, in a similar Market Update (dated 1 Sep 2009), we highlighted that the equity market appeared exhausted, but we also noted that the long-term uptrend remained in place. We believe the same situation now applies as we head into the 4Q2010 and look forward to 2011.

RHB Equity 360° - 27 September 2010 (Market, Motor, YTL Cement; Technical: KNM, DRB-Hicom)

Tracking The World Economy... - 24/09/2010

US Home Sales Bounced Back But The Recovery Remains Weak
US existing home sales rebounded to increase by 7.6% mom to an annual rate of 4.13 million units in August, after falling by a whopping 27.0% in July, which was the sharpest since the data began in 1968. This was the first increase in four months but it remains to be seen whether the rebound is temporary. Nevertheless, it was an encouraging sign especially following the end of the government’s tax incentive in April. The tax incentive offered certain buyers as much as US$8,000 in tax credit to sign a contract by 30 April and complete the contract by 30 June. US lawmakers, however, have since pushed the completion of the deadline to 30 September. Yoy, the existing home sales contracted by a smaller magnitude of 19.0% in August, compared with -25.3% in July. Despite the improvement, it was the second straight month of decline after showing positive growth for a year, pointing to a renewed weakness in home sales as the government’s support ended.

Tracking The World Economy... - 24/09/2010

Corporate Highlights - 24/09/2010

♦ Banking
Sector Update : Looking Forward To Another Good Year

♦ SP Setia
Results Note : Skewed By One-off Gain

Corporate Highlights - 24/09/2010

Market Technical Reading - More Consolidation If It Loses The 10-day SMA and 1,450...- 24/09/2010

Local Market Leads:
♦ As profit-taking intensified across the board, the local market suffered a steep pullback and slumped more than 1.0% on Thursday.

Market Technical Reading - More Consolidation If It Loses The 10-day SMA and 1,450... -24/09/2010

SP Setia Berhad : Skewed By One-off Gain - 24/09/2010

♦ Within expectations. SP Setia’s 3QFY10 core net profit of RM58.1m
(+36% yoy; +13% qoq) came in within our expectation and market
consensus. Headline net profit of RM87.3m was skewed by a one-off gain
of about RM40m arising from the disposal of the Tesco Hypermarket in
Setia Alam – an investment property of SP Setia. Turnover upped slightly
by 1.4% from 2QFY10, continued to be underpinned by the progress
billings from various projects in Klang Valley, Penang and Johor.

SP Setia Berhad : Skewed By One-off Gain - 24/09/2010

Banking Sector Update : Looking Forward To Another Good Year - 24/09/2010

♦ Investors’ focus likely turning to 2011. 3QCY10 was, in our view,
generally a good quarter for the banking sector in terms of news flow. In
a nutshell, system-wide leading indicators remained positive despite three
Overnight Policy Rate (OPR) hikes by BNM thus far this year, the
reporting season generally surprised on the upside while the capital
requirements set for Basel III were not as onerous as feared.

Banking Sector Update : Looking Forward To Another Good Year - 24/09/2010

RHB Equity 360° - 24 September 2010 (Banks, SP Setia; Technical: Berjaya Corp)

Sector Update
- Heading into 4QCY10, we believe investor’s focus would now shift to 2011 for the banking sector.
- Loan applications have remained healthy notwithstanding three OPR hikes thus far. We expect consumer spending to remain resilient next year on the back of high savings and rising consumerism and this would help support household loans. Fund raising activities by corporates could also pick up next year as key projects under the 10MP get implemented.

RHB Equity 360° - 24 September 2010 (Banks, SP Setia; Technical: Berjaya Corp)

Mandarin Version : Market Technical Reading - Rotational Interests And Healthy Volume To Sustain Trading Sentiment. - 23/09/2010

Local Market Leads:
♦ Bursa Malaysia reversed its early gains by turning lower on Wednesday on heavy profit-taking activities throughout the day on most of the core bluechips.

Mandarin Version : Market Technical Reading - Rotational Interests And Healthy Volume To Sustain Trading Se...

Tracking The World Economy... - 23/09/2010

Developed Countries’ Central Banks Still Stuck In Crisis Mode As Economic Recovery Weakens
Central banks in developed world are having a tough time exiting crisis mode, raising prospects of reviving unconventional stimulus tools as the global economic recovery slows down. The US Federal Reserve, on 21 September, reiterated its
stance that it was prepared to ease monetary policy further if needed and has highlighted asset purchases as an option.
Indeed, the Fed is moving closer to a second wave of unconventional monetary easing, after purchasing US$1.75 trn of mortgage debt and Treasuries from December 2008 through March 2010.

Tracking The World Economy... - 23/09/2010

Corporate Highlights - 23/09/2010

♦ Media
Sector Update : Aug ’10 Print And TV Ad Spend Up 8.7%
YoY

♦ Sunway REIT
Initiate Coverage : The Goliath of MREITs

Corporate Highlights - 23/09/2010

KPJ Healthcare Berhad : Expanding Into The Aged Care Business - 23/09/2010

♦ Acquires 51% stake in Jeta Gardens. KPJ announced that it has acquired
a 51% stake in Jeta Gardens (Qld) Pty Ltd for a cash consideration of
RM19m. The purchase consideration will be financed via internally-generated
funds.

KPJ Healthcare Berhad : Expanding Into The Aged Care Business - 23/09/2010

Tan Chong Motor Berhad : Securing Foothold In Vietnam - 23/09/2010

♦ Proposed acquisition of 74% of Nissan Vietnam Co. Ltd (NVL). The
company entered into an agreement to purchase the whole stake of
Danish company Kjaer Group A/S stake in NVL for US$7.4m (RM22.9m).
The other party with remaining stake is Nissan Motor Co. Ltd.. Effective
consolidation into Tan Chong’s accounts should be by October 2010,
should approval be given.

Tan Chong Motor Berhad : Securing Foothold In Vietnam - 23/09/2010