Forwarded from Trade With Maybank
Public Bank Eyes Higher Dividends from Merger Synergies
Public Bank (PBBANK) is positioned to increase its dividend payouts beyond the usual biannual schedule, driven by potential product cross-selling opportunities following its acquisition of LPI Capital (LPI), as reported by TheEdge according to a local research house.
Additionally, PBBANK plans to gradually reduce its loan loss coverage (LLC), targeting credit costs under 10 basis points long-term, supported by disciplined asset quality management.
Investors seeking leveraged exposure on PBBANK may consider PBBANK-C1L, which recorded a traded volume of close to 30 million yesterday.
#DailyHighlights
Public Bank (PBBANK) is positioned to increase its dividend payouts beyond the usual biannual schedule, driven by potential product cross-selling opportunities following its acquisition of LPI Capital (LPI), as reported by TheEdge according to a local research house.
Additionally, PBBANK plans to gradually reduce its loan loss coverage (LLC), targeting credit costs under 10 basis points long-term, supported by disciplined asset quality management.
Investors seeking leveraged exposure on PBBANK may consider PBBANK-C1L, which recorded a traded volume of close to 30 million yesterday.
#DailyHighlights
Forwarded from Trade With Maybank
Consumer Sector Poised for Growth in 2025
Maybank Investment Bank (Maybank IB) Research forecasts a 15% YoY net profit growth for Malaysian consumer stocks, including Nestle (NESTLE), Farm Fresh (FFB), and MR D.I.Y. (MRDIY), citing strong macroeconomic factors and supportive government initiatives.
Key drivers include the Employees Provident Fund Account 3 withdrawals, a 7-15% civil service salary increase (effective Dec’24), and a minimum wage hike from RM1,500 to RM1,700 per month (effective Feb’25).
Investors bullish on the forecast may consider Call Warrants like MRDIY-C36, which tracks the share price of MRDIY closely with a sensitivity of 1.7 ticks.
#DailyHighlights
Maybank Investment Bank (Maybank IB) Research forecasts a 15% YoY net profit growth for Malaysian consumer stocks, including Nestle (NESTLE), Farm Fresh (FFB), and MR D.I.Y. (MRDIY), citing strong macroeconomic factors and supportive government initiatives.
Key drivers include the Employees Provident Fund Account 3 withdrawals, a 7-15% civil service salary increase (effective Dec’24), and a minimum wage hike from RM1,500 to RM1,700 per month (effective Feb’25).
Investors bullish on the forecast may consider Call Warrants like MRDIY-C36, which tracks the share price of MRDIY closely with a sensitivity of 1.7 ticks.
#DailyHighlights
Forwarded from Trade With Maybank
Yinson Secures USD1 Billion Funding
Yesterday, Yinson Holdings (YINSON) announced that its subsidiary Yinson Production has secured USD1 billion in funding from a consortium led by Abu Dhabi Investment Authority (ADIA), British Columbia Investment Management Corp, and RRJ Group.
This investment will support the growth of YINSON’s floating production storage and offloading (FPSO) business, valued at USD3.7 billion.
YINSON’s stake in Yinson Production will be diluted from 100% to 65.48% upon full conversion of shares. This could further decrease to 57.6% should the consurtium exercises its option to invest USD500 million more within the next 24 months.
Investors bullish on YINSON may consider YINSON-C40 which has a sensitivity of 3.1 ticks.
#DailyHighlights
Yesterday, Yinson Holdings (YINSON) announced that its subsidiary Yinson Production has secured USD1 billion in funding from a consortium led by Abu Dhabi Investment Authority (ADIA), British Columbia Investment Management Corp, and RRJ Group.
This investment will support the growth of YINSON’s floating production storage and offloading (FPSO) business, valued at USD3.7 billion.
YINSON’s stake in Yinson Production will be diluted from 100% to 65.48% upon full conversion of shares. This could further decrease to 57.6% should the consurtium exercises its option to invest USD500 million more within the next 24 months.
Investors bullish on YINSON may consider YINSON-C40 which has a sensitivity of 3.1 ticks.
#DailyHighlights
Forwarded from Trade With Maybank
Extended Declines for YTL and YTL Power
Yesterday, YTL Corporation (YTL) and YTL Power International (YTLPOWR) registered a decline of 11.4% and 9.5% respectively in the past 5 trading days.
YTD, YTL and YTLPOWR recorded a negative performance of 17.7% and 13.4% respectively.
As reported by The Edge yesterday, the US export restrictions on artificial intelligence (AI) chips are impacting data-centre proxy.
Investors seeking to hedge on the downside of YTL and YTLPOWR may consider Put Warrants such as YTL-HF and YTLPOWR-HG.
Maybank IB is the only YTL and YTLPOWR Put Warrants issuer in the market.
#DailyHighlights
Yesterday, YTL Corporation (YTL) and YTL Power International (YTLPOWR) registered a decline of 11.4% and 9.5% respectively in the past 5 trading days.
YTD, YTL and YTLPOWR recorded a negative performance of 17.7% and 13.4% respectively.
As reported by The Edge yesterday, the US export restrictions on artificial intelligence (AI) chips are impacting data-centre proxy.
Investors seeking to hedge on the downside of YTL and YTLPOWR may consider Put Warrants such as YTL-HF and YTLPOWR-HG.
Maybank IB is the only YTL and YTLPOWR Put Warrants issuer in the market.
#DailyHighlights
Forwarded from Trade With Maybank
Eco World Development Launches New Lifestyle Hub
Eco World Development Group (ECOWLD) officially launched the Tuah 1895 dining and lifestyle hub on 24 Jan’25 at the Bukit Bintang City Centre (BBCC) mixed-use development in Pudu, Kuala Lumpur.
The project was developed by BBCC Development, a joint venture (JV) between EcoWorld Malaysia, UDA Holdings, and the Employees Provident Fund (EPF), featuring a total net lettable area of 45,000 sq ft.
BBCC Development’s CEO also announced at the opening ceremony that another project will be due launch next month.
Investors optimistic about the growth of ECOWLD and its joint ventures may explore Call Warrants like ECOWLD-C35 to gain leveraged exposure over ECOWLD.
#DailyHighlights
Eco World Development Group (ECOWLD) officially launched the Tuah 1895 dining and lifestyle hub on 24 Jan’25 at the Bukit Bintang City Centre (BBCC) mixed-use development in Pudu, Kuala Lumpur.
The project was developed by BBCC Development, a joint venture (JV) between EcoWorld Malaysia, UDA Holdings, and the Employees Provident Fund (EPF), featuring a total net lettable area of 45,000 sq ft.
BBCC Development’s CEO also announced at the opening ceremony that another project will be due launch next month.
Investors optimistic about the growth of ECOWLD and its joint ventures may explore Call Warrants like ECOWLD-C35 to gain leveraged exposure over ECOWLD.
#DailyHighlights
Forwarded from Trade With Maybank
Malakoff‘s Latest Solar Acquisitions
On 31 Jan’25, Malakoff Corporation (MALAKOF) announced in a Bursa Malaysia filing that it’s acquiring a 51% stake in ZEC Solar and a 49% stake in TJZ Suria, boosting MALAKOF renewable energy capacity to 159MW.
In the same time, MALAKOFF has also secured solar power purchase agreements with key industry players, including DRB Hicom (DRBHCOM) and SIME UMW.
MALAKOF’s CEO further emphasized the company's commitment to renewable energy by highlighting MALAKOF’s 84MW Sungai Galas hydropower project.
Investors bullish on MALAKOF may consider MALAKOFC58 which has a sensitivity of 1.9 ticks, the most responsive of all MALAKOF Structured Warrants listed on Bursa Malaysia.
#DailyHighlights
On 31 Jan’25, Malakoff Corporation (MALAKOF) announced in a Bursa Malaysia filing that it’s acquiring a 51% stake in ZEC Solar and a 49% stake in TJZ Suria, boosting MALAKOF renewable energy capacity to 159MW.
In the same time, MALAKOFF has also secured solar power purchase agreements with key industry players, including DRB Hicom (DRBHCOM) and SIME UMW.
MALAKOF’s CEO further emphasized the company's commitment to renewable energy by highlighting MALAKOF’s 84MW Sungai Galas hydropower project.
Investors bullish on MALAKOF may consider MALAKOFC58 which has a sensitivity of 1.9 ticks, the most responsive of all MALAKOF Structured Warrants listed on Bursa Malaysia.
#DailyHighlights
Forwarded from Trade With Maybank
Improved Forecasts for Malaysia’s Auto Sector
Maybank Investment Bank (Maybank IB) Research has revised its 2025 total industry volume (TIV) forecast for the Malaysian auto sector to 790,000 units, up from 750,000, citing mass-market growth driven by higher consumer spending and wage hikes.
Additionally, the postponement of the open market value (OMV) revision to Jan'26 will delay price hikes on completely knocked-down (CKD) vehicles, supporting near-term demand.
Investors seeking leveraged exposure to the Malaysian automotive sector may consider DRBHCOM-C3K, the longest dated Call Warrants issued over DRBHCOM and also the most responsive DRBHCOM Call Warrants on Bursa Malaysia.
#DailyHighlights
Maybank Investment Bank (Maybank IB) Research has revised its 2025 total industry volume (TIV) forecast for the Malaysian auto sector to 790,000 units, up from 750,000, citing mass-market growth driven by higher consumer spending and wage hikes.
Additionally, the postponement of the open market value (OMV) revision to Jan'26 will delay price hikes on completely knocked-down (CKD) vehicles, supporting near-term demand.
Investors seeking leveraged exposure to the Malaysian automotive sector may consider DRBHCOM-C3K, the longest dated Call Warrants issued over DRBHCOM and also the most responsive DRBHCOM Call Warrants on Bursa Malaysia.
#DailyHighlights
Forwarded from Trade With Maybank
Inari Amertron Surges on Broadcom Optimism
Shares of Inari Amertron (INARI) jumped as much as 13% last Friday, driven by investor optimism over potential higher order volumes from its key client, Broadcom Inc.
A significant portion of INARI’s Singapore revenue is derived from Broadcom, while Apple was Broadcom’s largest customer in FY23, contributing approximately 20% of Broadcom’s nearly USD7 billion revenue.
On 7 Feb’25, INARI was the third-largest gainer on Bursa Malaysia, closing at MYR2.72 after recording nearly 39 million traded volume.
Bullish investors may consider Call Warrants like INARI-C2Y, which offers leveraged exposure to INARI with an Effective Gearing of 9.2x.
#DailyHighlights
Shares of Inari Amertron (INARI) jumped as much as 13% last Friday, driven by investor optimism over potential higher order volumes from its key client, Broadcom Inc.
A significant portion of INARI’s Singapore revenue is derived from Broadcom, while Apple was Broadcom’s largest customer in FY23, contributing approximately 20% of Broadcom’s nearly USD7 billion revenue.
On 7 Feb’25, INARI was the third-largest gainer on Bursa Malaysia, closing at MYR2.72 after recording nearly 39 million traded volume.
Bullish investors may consider Call Warrants like INARI-C2Y, which offers leveraged exposure to INARI with an Effective Gearing of 9.2x.
#DailyHighlights
Forwarded from Trade With Maybank
Malaysia’s Construction Work Done Value up by 20.2% in 2024
Department of Statistics Malaysia (DOSM) reported that the value of total construction work done in Malaysia in 2024 grew 20.2% to MYR158.8 billion YoY.
This was primarily driven by the special trade activities and residential building sub-sectors which recorded increase of 44.9% and 38.9% YoY respectively.
The private sector remained a resilient driver of growth in 4Q24, contributing MYR27 billion or 64.2% of the total value of work done.
Bullish investors looking for leveraged exposure on the construction sector may consider Call Warrants such as EKOVEST-C66, MAHSING-C74 and UEMS-C1L, which costs only a fraction of the share price.
#DailyHighlights
Department of Statistics Malaysia (DOSM) reported that the value of total construction work done in Malaysia in 2024 grew 20.2% to MYR158.8 billion YoY.
This was primarily driven by the special trade activities and residential building sub-sectors which recorded increase of 44.9% and 38.9% YoY respectively.
The private sector remained a resilient driver of growth in 4Q24, contributing MYR27 billion or 64.2% of the total value of work done.
Bullish investors looking for leveraged exposure on the construction sector may consider Call Warrants such as EKOVEST-C66, MAHSING-C74 and UEMS-C1L, which costs only a fraction of the share price.
#DailyHighlights
Forwarded from Trade With Maybank
Alibaba Surges on Apple AI Partnership
Alibaba Group (ALIBABA) surged nearly 8.5% on 12 Feb’25, marking its largest gain in almost two years, after announcing a partnership with Apple to develop AI features for iPhones. ALIBABA extended gains by another 2.5% yesterday.
ALIBABA’s Qwen AI model, recognized among the top 10 open-source large language models globally, has fueled optimism that China’s tech sector can remain competitive despite U.S. restrictions on advanced chips, according to The South China Morning Post.
Bullish investors looking to capitalize on the current momentum may consider Call Warrants like ALIBABA-C40, which provides leveraged exposure over ALIBABA for only a fraction of the share price while using a local CDS account!
#DailyHighlights
Alibaba Group (ALIBABA) surged nearly 8.5% on 12 Feb’25, marking its largest gain in almost two years, after announcing a partnership with Apple to develop AI features for iPhones. ALIBABA extended gains by another 2.5% yesterday.
ALIBABA’s Qwen AI model, recognized among the top 10 open-source large language models globally, has fueled optimism that China’s tech sector can remain competitive despite U.S. restrictions on advanced chips, according to The South China Morning Post.
Bullish investors looking to capitalize on the current momentum may consider Call Warrants like ALIBABA-C40, which provides leveraged exposure over ALIBABA for only a fraction of the share price while using a local CDS account!
#DailyHighlights
Forwarded from Trade With Maybank
Press Metal Reports 44.9% Jump in Net Profit in FY2024
Press Metal Aluminium Holdings (PMETAL) posted a stellar FY2024 performance, with net profit surging 44.9% to MYR1.76 billion on record-high revenue of MYR14.91 billion.
In 4Q24, net profit soared 38.5% YoY to MYR321.39 million, driven by lower finance costs and higher associate contributions. EPS climbed from 3.9 sen to 5.4 sen.
PMETAL’s shares price rose 5.0% yesterday with a total traded volume of 15.0 million.
Investors bullish on PMETAL’s momentum may consider PMETAL-C1S, which has a sensitivity of 3.9 ticks, one of the most responsive PMETAL Call Warrants in the market.
#DailyHighlights
Press Metal Aluminium Holdings (PMETAL) posted a stellar FY2024 performance, with net profit surging 44.9% to MYR1.76 billion on record-high revenue of MYR14.91 billion.
In 4Q24, net profit soared 38.5% YoY to MYR321.39 million, driven by lower finance costs and higher associate contributions. EPS climbed from 3.9 sen to 5.4 sen.
PMETAL’s shares price rose 5.0% yesterday with a total traded volume of 15.0 million.
Investors bullish on PMETAL’s momentum may consider PMETAL-C1S, which has a sensitivity of 3.9 ticks, one of the most responsive PMETAL Call Warrants in the market.
#DailyHighlights
Forwarded from Trade With Maybank
MYEG’s Single Day 6.6% Gain
My E.G. Services (MYEG) surged 6.6% yesterday on the back of 118.43 million traded volume.
Based on MYEG’s most recent financial results, MYEG reported a 20.6% YoY increase in net profit to MYR181.13 million for 4Q24. Revenue for the same quarter rose to MYR1.02 billion from MYR774.26 million.
Based on Maybank IB Research, MYEG has been garnering investors confidence, as the company recorded a total foreign fund inflow of MYR71.87 million in Feb’25.
Investors bullish on MYEG may consider MYEG-C8G. However, MYEG-C8G is currently on a two ticks spread.
#DailyHighlights
My E.G. Services (MYEG) surged 6.6% yesterday on the back of 118.43 million traded volume.
Based on MYEG’s most recent financial results, MYEG reported a 20.6% YoY increase in net profit to MYR181.13 million for 4Q24. Revenue for the same quarter rose to MYR1.02 billion from MYR774.26 million.
Based on Maybank IB Research, MYEG has been garnering investors confidence, as the company recorded a total foreign fund inflow of MYR71.87 million in Feb’25.
Investors bullish on MYEG may consider MYEG-C8G. However, MYEG-C8G is currently on a two ticks spread.
#DailyHighlights
Forwarded from Trade With Maybank
CPO Futures Expected to Trade Higher
Crude Palm Oil Futures (FCPO) contracts on Bursa Malaysia Derivatives are expected to trade higher this week, ranging between MYR4,300 and MYR4,500 per tonne, according to Interband Group of Companies.
Market players will closely monitor developments today as the Malaysian Palm Oil Board is scheduled to release figures on palm oil exports and stock levels for Feb’25.
Last week, FCPO saw solid gains with the Spot, Mar’25 contract rising MYR141 to MYR4,870 per tonne while weekly trading volume increased to 471,778 lots from 348,129 lots the week prior.
Bullish investors seeking leveraged exposure over FCPO may consider Call Warrants such as FCPO-CW04 with an exercise price of MYR4,400.
#DailyHighlights
Crude Palm Oil Futures (FCPO) contracts on Bursa Malaysia Derivatives are expected to trade higher this week, ranging between MYR4,300 and MYR4,500 per tonne, according to Interband Group of Companies.
Market players will closely monitor developments today as the Malaysian Palm Oil Board is scheduled to release figures on palm oil exports and stock levels for Feb’25.
Last week, FCPO saw solid gains with the Spot, Mar’25 contract rising MYR141 to MYR4,870 per tonne while weekly trading volume increased to 471,778 lots from 348,129 lots the week prior.
Bullish investors seeking leveraged exposure over FCPO may consider Call Warrants such as FCPO-CW04 with an exercise price of MYR4,400.
#DailyHighlights
Forwarded from Trade With Maybank
UWC Doubles Net Profit
UWC Bhd (UWC) reported yesterday, its 2Q25 (ending 31 Jan’25) net profit more than doubled to MYR9.7 million, compared to the same period last year.
Quarterly revenue surged 51.2% YoY to MYR92.4 million, driven by a strong semiconductor industry recovery, as reported by TheEdge.
Looking ahead, UWC remains optimistic, citing The World Semiconductor Trade Statistics’ forecast of 11.2% sector growth in 2025, driven by the memory and logic subsectors.
Investors bullish on UWC’s growth may consider UWC-C9, the most actively traded UWC Call Warrant yesterday, with 1.2 million traded volume.
#DailyHighlights
UWC Bhd (UWC) reported yesterday, its 2Q25 (ending 31 Jan’25) net profit more than doubled to MYR9.7 million, compared to the same period last year.
Quarterly revenue surged 51.2% YoY to MYR92.4 million, driven by a strong semiconductor industry recovery, as reported by TheEdge.
Looking ahead, UWC remains optimistic, citing The World Semiconductor Trade Statistics’ forecast of 11.2% sector growth in 2025, driven by the memory and logic subsectors.
Investors bullish on UWC’s growth may consider UWC-C9, the most actively traded UWC Call Warrant yesterday, with 1.2 million traded volume.
#DailyHighlights
Forwarded from Trade With Maybank
Sunway Construction Rises 5.3% on Strong 1Q25 Earnings
Sunway Construction Group (SUNCON) jumped 5.3% to MYR5.14 after reporting a strong 1Q25 yesterday with net profit more than doubling to MYR75.72 million and revenue surging 132% to MYR1.4 billion.
Earnings were boosted by solid progress on data centre and infrastructure projects. SUNCON has completed one data centre and is managing five more, supported by a healthy tender pipeline.
Backed by a MYR6.6 billion order book and active bids in major projects like the Penang LRT and airport expansion, SUNCON expects continued growth ahead.
Bullish investors may consider SUNCON-C32; with a sensitivity of 3.3 ticks, SUNCON-C32 offers greater price responsiveness to movements in the underlying share.
#DailyHighlights
Sunway Construction Group (SUNCON) jumped 5.3% to MYR5.14 after reporting a strong 1Q25 yesterday with net profit more than doubling to MYR75.72 million and revenue surging 132% to MYR1.4 billion.
Earnings were boosted by solid progress on data centre and infrastructure projects. SUNCON has completed one data centre and is managing five more, supported by a healthy tender pipeline.
Backed by a MYR6.6 billion order book and active bids in major projects like the Penang LRT and airport expansion, SUNCON expects continued growth ahead.
Bullish investors may consider SUNCON-C32; with a sensitivity of 3.3 ticks, SUNCON-C32 offers greater price responsiveness to movements in the underlying share.
#DailyHighlights
Forwarded from Trade With Maybank
Penang LRT Bridge Tender in October Signals Next Phase
Malaysia Rapid Transit Corporation (MRT CORP) will launch an open tender in October for the bridge portion of the Penang LRT Mutiara Line.
The 62-metre-high bridge will span between North and South Ports in Butterworth, designed to support future port growth while avoiding disruption to shipping and aviation routes.
With MRT CORP planning four LRT lines across Penang, more large-scale civil contracts are expected.
Historically, construction players like Gamuda (GAMUDA), IJM Corporation (IJM), Ekovest (EKOVEST), Malaysian Resources Corporation (MRCB), Sunway Construction (SUNCON) and WCT Holdings (WCT) are likely to be in the running for future tenders.
Call Warrants over the above players are issued by Maybank IB such as GAMUDA-C3R, IJM-C1H, MRCB-C1Q, SUNCON-C45, WCT-C42; proving bullish investors a trading tool to gain exposure at a fraction of the respective shares price!
#DailyHighlights
Malaysia Rapid Transit Corporation (MRT CORP) will launch an open tender in October for the bridge portion of the Penang LRT Mutiara Line.
The 62-metre-high bridge will span between North and South Ports in Butterworth, designed to support future port growth while avoiding disruption to shipping and aviation routes.
With MRT CORP planning four LRT lines across Penang, more large-scale civil contracts are expected.
Historically, construction players like Gamuda (GAMUDA), IJM Corporation (IJM), Ekovest (EKOVEST), Malaysian Resources Corporation (MRCB), Sunway Construction (SUNCON) and WCT Holdings (WCT) are likely to be in the running for future tenders.
Call Warrants over the above players are issued by Maybank IB such as GAMUDA-C3R, IJM-C1H, MRCB-C1Q, SUNCON-C45, WCT-C42; proving bullish investors a trading tool to gain exposure at a fraction of the respective shares price!
#DailyHighlights
Forwarded from Trade With Maybank
YTL Power Unveils Malaysia’s First Homegrown AI Model, Ilmu
YTL AI Labs, a unit of YTL Power International (YTLPOWR), has launched Ilmu, Malaysia’s first homegrown large language model (LLM) to boost sovereign AI capabilities.
Trained on local languages and cultural context, Ilmu supports Bahasa Melayu, Manglish and regional dialects, and ranks as the top Malay LLM on the MMLU benchmark.
The launch is part of YTLPOWR’s AI drive, which also includes a 500MW green data centre in Johor and an Nvidia-powered AI supercomputer, with investments exceeding MYR20 billion.
Bullish investors may consider YTLPOWR-C99 Call Warrants, which offers 4.2x of Effective Gearing for leveraged exposure.
#DailyHighlights
YTL AI Labs, a unit of YTL Power International (YTLPOWR), has launched Ilmu, Malaysia’s first homegrown large language model (LLM) to boost sovereign AI capabilities.
Trained on local languages and cultural context, Ilmu supports Bahasa Melayu, Manglish and regional dialects, and ranks as the top Malay LLM on the MMLU benchmark.
The launch is part of YTLPOWR’s AI drive, which also includes a 500MW green data centre in Johor and an Nvidia-powered AI supercomputer, with investments exceeding MYR20 billion.
Bullish investors may consider YTLPOWR-C99 Call Warrants, which offers 4.2x of Effective Gearing for leveraged exposure.
#DailyHighlights
Forwarded from Trade With Maybank
DRB-Hicom Returns to Profitability
DRB-Hicom (DRBHCOM) reported a net profit of MYR58.1 million in 2Q25, compared to a net loss of MYR17.08 million YoY. Quarterly revenue rose 10.0% YoY in the same period.
This was supported by stronger contributions from the automotive, property, banking, postal, and services segments. The automotive division, the group’s largest revenue contributor, posted an 11.0% YoY increase, while the banking segment rose 6.1% YoY.
Looking ahead, DRBHCOM stated that it will continue to strengthen resilience through enhanced risk management and sustainability initiatives.
Investors bullish on DRBHCOM’s prospects may consider Call Warrants such as DRBHCOMC3P, which surged 84.6% in a single day and was the fifth most active Maybank IB issued Structured Warrants yesterday!
#DailyHighlights
DRB-Hicom (DRBHCOM) reported a net profit of MYR58.1 million in 2Q25, compared to a net loss of MYR17.08 million YoY. Quarterly revenue rose 10.0% YoY in the same period.
This was supported by stronger contributions from the automotive, property, banking, postal, and services segments. The automotive division, the group’s largest revenue contributor, posted an 11.0% YoY increase, while the banking segment rose 6.1% YoY.
Looking ahead, DRBHCOM stated that it will continue to strengthen resilience through enhanced risk management and sustainability initiatives.
Investors bullish on DRBHCOM’s prospects may consider Call Warrants such as DRBHCOMC3P, which surged 84.6% in a single day and was the fifth most active Maybank IB issued Structured Warrants yesterday!
#DailyHighlights
Forwarded from Trade With Maybank
Malaysian Developers on a Roll
Gamuda (GAMUDA), through its Singapore unit and joint partners Evia MCS Pte Ltd and H108 Pte Ltd, has emerged as the highest bidder for a 7.28-acre leasehold land in Chencharu Close, Singapore, with an offer of SGD1.01 billion (MYR3.33 billion).
The site is slated for a mixed commercial and residential development, according to Singapore’s Housing and Development Board, which announced the tender results on 11 Sep’25.
This marks the second successful Malaysian-led bid in Singapore this week, following Sunway (SUNWAY) and its partner winning a residential site in Chuan Grove for SD623.91 million (MYR2.05 billion).
Bullish investors over GAMUDA or SUNWAY given its win in Singapore may consider GAMUDA-C3R or SUNWAY-C45 with 2.6 and 2.5 ticks respectively.
#DailyHighlights
Gamuda (GAMUDA), through its Singapore unit and joint partners Evia MCS Pte Ltd and H108 Pte Ltd, has emerged as the highest bidder for a 7.28-acre leasehold land in Chencharu Close, Singapore, with an offer of SGD1.01 billion (MYR3.33 billion).
The site is slated for a mixed commercial and residential development, according to Singapore’s Housing and Development Board, which announced the tender results on 11 Sep’25.
This marks the second successful Malaysian-led bid in Singapore this week, following Sunway (SUNWAY) and its partner winning a residential site in Chuan Grove for SD623.91 million (MYR2.05 billion).
Bullish investors over GAMUDA or SUNWAY given its win in Singapore may consider GAMUDA-C3R or SUNWAY-C45 with 2.6 and 2.5 ticks respectively.
#DailyHighlights
Forwarded from Trade With Maybank
ITMAX Wins MYR50.97mil MPBP Contract
ITMAX System (ITMAX) has secured a contract worth MYR50.97 million from Majlis Perbandaran Batu Pahat (MPBP) for the installation and rental of a closed-circuit camera system, as well as the establishment of the Batu Pahat Smart Integrated Operations Centre.
In its Bursa Malaysia filing, the network systems provider said the contract was awarded via a letter of acceptance (LoA) and will run for 180 months from 1 Sep’25.
ITMAX noted that the LoA is expected to contribute positively to its earnings and net assets per share over the contract period.
Bullish investors who expect further upside in ITMAX may consider Call Warrants such as ITMAX-CU, which has an Effective Gearing of 4.0x.
#DailyHighlights
ITMAX System (ITMAX) has secured a contract worth MYR50.97 million from Majlis Perbandaran Batu Pahat (MPBP) for the installation and rental of a closed-circuit camera system, as well as the establishment of the Batu Pahat Smart Integrated Operations Centre.
In its Bursa Malaysia filing, the network systems provider said the contract was awarded via a letter of acceptance (LoA) and will run for 180 months from 1 Sep’25.
ITMAX noted that the LoA is expected to contribute positively to its earnings and net assets per share over the contract period.
Bullish investors who expect further upside in ITMAX may consider Call Warrants such as ITMAX-CU, which has an Effective Gearing of 4.0x.
#DailyHighlights