How MPHB Capital performed in KLSE?

MPHB Capital (5237) made its debut on KLSE Main Market today.


IPO Price:   RM1.00

Close:         RM1.37
Change:     RM0.37 

Open:         RM1.45
Day High:   RM1.53
Day Low:    RM1.37

Volume: 248,122 lots. 

AirAsia stop flying to Japan.....

AirAsia has calling off their joint venture with Japan airline, ANA Holding Inc.

With the termination of partnership, AirAsia would stop the service by the end of October this year.

Sadly the partnership just ended a year after it started in Tokyo's Narita airport in August 2012.

Hopefully, AirAsia will fly to Tokyo again in near future. Otherwise it is not cheap to fly there with other airlines.

How the 8 counters performed yesterday?

KLSE - Change of Company Name

Change of Company Name for year 2012 & 2013.

Date Of Change	Prev. Company Name	Curr. Company Name
31/5/13	LAFARGE MALAYAN CEMENT BHD	LAFARGE MALAYSIA BERHAD
29/5/13	YUNG KONG GALVANISING INDUSTRIES BHD	YKGI HOLDINGS BERHAD
28/5/13	DIJAYA CORPORATION BERHAD	TROPICANA CORPORATION BERHAD
29/3/13	BOLTON BERHAD	SYMPHONY LIFE BERHAD
11/3/13	SERSOL TECHNOLOGIES BERHAD	SERSOL BERHAD
07/3/13	SCOMI MARINE BHD	SCOMI ENERGY SERVICES BHD
25/2/13	HING YIAP GROUP BERHAD	ASIA BRANDS BERHAD
14/11/12	DISCCOMP BERHAD	PINEAPPLE RESOURCES BERHAD
01/11/12	PAHANCO CORPORATION BERHAD	ASIA KNIGHT BERHAD
09/10/12	INGENUITY SOLUTIONS BERHAD	INGENUITY CONSOLIDATED BERHAD
27/9/12	I-POWER BERHAD	INSTACOM GROUP BERHAD
10/9/12	EQUINE CAPITAL BERHAD	GLOBAL ORIENTAL BERHAD
17/7/12	ESSO MALAYSIA BERHAD	PETRON MALAYSIA REFINING & MARKETING BHD
16/7/12	SOZO GLOBAL LIMITED	HB GLOBAL LIMITED
06/7/12	CENTURY SOFTWARE HOLDINGS BERHAD	CENSOF HOLDINGS BERHAD
04/7/12	KURNIA ASIA BERHAD	KSK GROUP BERHAD
02/7/12	WIJAYA BARU GLOBAL BERHAD	TADMAX RESOURCES BERHAD
02/7/12	GEFUNG HOLDINGS BERHAD	ABLEGROUP BERHAD
28/6/12	RAMUNIA HOLDINGS BERHAD	TH HEAVY ENGINEERING BERHAD
27/6/12	FURQAN BUSINESS ORGANISATION BERHAD	EASTLAND EQUITY BHD
26/3/12	EQUATOR LIFE SCIENCE BERHAD	IDEAL SUN CITY HOLDINGS BERHAD
21/3/12	UDS CAPITAL BERHAD	SWS CAPITAL BERHAD

REITs vs Property Companies

		Earning Profile
REITs		A REIT is driven by recurring rental income.
Property Companies		A property company seeks a combination of property
		sales, development profits, rental income and property
		investments.
		Capital Struture and Cash Flow
REITs		A REIT has low and defined level of retained earnings,
		low debt level defined by the regulators and strong cash
		flow from operations.
Property Companies		A property stock has a high gearing ratio due to high
		capital expenditure required for property development
		and sometimes negative cash flow, and low dividend
		payouts.
		Dividend Distribution Policy
REITs		A REIT will distribute 90% - 100% of its retained
		earning before tax.
Property Companies		A property stock has no certainty of a dividend payout.
		Risk Profile
REITs		A REIT is a low risk, passive investment
		vehicle with a high certainty of cash flow vehicle with a
		from rentals derived from lease agreements with tenants.
Property Companies		A property stock has a high development & financial risk.
		Corporate Governance
REITs		REITs are governed by multiple layers of stakeholders -
		unitholders, manager, trustees, regulating authorities
		ensuring that interest of minority unitholders are
		protected.
Property Companies		A property stock is often dominated by a controlling
		shareholder which raises conflict of interest issues with
		minority shareholders.

What are the risks involved when investing in REITS?

• Returns are not guaranteed

  The total return of a REIT is subject to the performance of the property market. Hence, the unit price of a REIT may go down if its underlying properties drop in value.

• Loss of control over investment

  Investors will not have direct control over the management company’s investment decisions like when to buy or sell certain real estates, or how they will be managed.

• Market factors

  REITs are also subject to market demand and supply. As such, market fluctuations, confidence in the economy and changes in the interest rates may affect REITs price.

What are the benefits of investing in listed REITs?

• Affordability

  Investment in REITs cost a fraction of the cost of direct investment in real estate. You can start off with a minimal investment outlay.

• Liquidity

  REITs are more liquid compared to physical properties. Shares of publicly-traded REITs are readily converted to cash as they are traded on the stock exchange.

• Stable income stream

  REITs tend to pay out a steady dividend, which is derived from existing rents paid by tenants who occupy the REIT properties.

• Exposure to a large-scale real estate

  The benefits of the real estate are derived on a pro-rated basis through a REIT.

• Professional management

  REIT properties are managed by professionals who will add value for a higher yield, benefiting investors in the long run.

What is a REIT?

A Real Estate Investment Trust (REIT) is a fund or a trust that owns and manages income-producing commercial real estate (shopping complexes, hospitals, plantations, industrial properties, hotels and office blocks).

A management company for a REIT is permitted to deduct distribution paid to its shareholders from its corporate taxable income. 

However, to enjoy this tax-free status, the REIT must have most of its assets and income tied to the real estate and distribute at least 90% of its total income to investors/unit holders annually.

List of ACE Market Companies

No	Company Name
1	1 UTOPIA BERHAD
2	ADVANCE INFORMATION MARKETING BERHAD
3	ANCOM LOGISTICS BERHAD
4	ARIANTEC GLOBAL BERHAD
5	ASDION BERHAD
6	ASIA BIOENERGY TECHNOLOGIES BERHAD
7	ASIA POLY HOLDINGS BERHAD
8	ASIAEP RESOURCES BERHAD
9	AT SYSTEMATIZATION BERHAD
10	BOILERMECH HOLDINGS BERHAD
11	BORNEO AQUA HARVEST BERHAD
12	BRITE-TECH BERHAD
13	CAREPLUS GROUP BERHAD
14	CATCHA MEDIA BERHAD
15	CONNECTCOUNTY HOLDINGS BERHAD
16	CUSCAPI BERHAD
17	CWORKS SYSTEMS BERHAD
18	CYBERTOWERS BERHAD
19	DIVERSIFIED GATEWAY SOLUTIONS BERHAD
20	DSC SOLUTIONS BERHAD
21	DVM TECHNOLOGY BERHAD
22	EA HOLDINGS BERHAD
23	EDUSPEC HOLDINGS BERHAD
24	ELSOFT RESEARCH BERHAD
25	ENVAIR HOLDING BERHAD
26	ES CERAMICS TECHNOLOGY BHD
27	EXTOL MSC BERHAD
28	FAST TRACK SOLUTION HOLDINGS BERHAD
29	FLONIC HI-TEC BHD
30	FOCUS DYNAMICS TECHNOLOGIES BERHAD
31	FOCUS POINT HOLDINGS BERHAD
32	GD EXPRESS CARRIER BERHAD
33	GENETEC TECHNOLOGY BERHAD
34	GPRO TECHNOLOGIES BERHAD
35	GREEN OCEAN CORPORATION BERHAD
36	HIAP HUAT HOLDINGS BERHAD
37	IDEAL JACOBS (MALAYSIA) CORPORATION BHD
38	IDEAL SUN CITY HOLDINGS BERHAD
39	IDIMENSION CONSOLIDATED BHD
40	IFCA MSC BERHAD
41	INARI BERHAD
42	INFORTECH ALLIANCE BERHAD
43	INGENUITY CONSOLIDATED BERHAD
44	INIX TECHNOLOGIES HOLDINGS BERHAD
45	INNITY CORPORATION BERHAD
46	INS BIOSCIENCE BERHAD
47	INSTACOM GROUP BERHAD
48	IRIS CORPORATION BERHAD
49	JF TECHNOLOGY BERHAD
50	JHM CONSOLIDATION BERHAD
51	K-ONE TECHNOLOGY BERHAD
52	KARYON INDUSTRIES BERHAD
53	KEY WEST GLOBAL TELECOMMUNICATIONS BERHAD
54	LNG RESOURCES BERHAD
55	M-MODE BERHAD [S]
56	M3 TECHNOLOGIES (ASIA) BERHAD
57	MANAGEPAY SYSTEMS BERHAD
58	MCLEAN TECHNOLOGIES BERHAD
59	MEXTER TECHNOLOGY BERHAD
60	MICROLINK SOLUTIONS BERHAD
61	MIKRO MSC BERHAD
62	MLABS SYSTEMS BERHAD
63	MMS VENTURES BERHAD
64	M N C WIRELESS BERHAD
65	MQ TECHNOLOGY BERHAD
66	MALAYSIAN GENOMICS RESOURCE CENTRE BERHAD
67	MTOUCHE TECHNOLOGY BERHAD
68	N2N CONNECT BERHAD
69	NEXTNATION COMMUNICATION BERHAD
70	NOVA MSC BERHAD
71	OCEANCASH PACIFIC BERHAD
72	OCK GROUP BERHAD
73	OPCOM HOLDINGS BERHAD
74	OPENSYS (M) BERHAD
75	ORIENTED MEDIA GROUP BERHAD
76	OSK VENTURES INTERNATIONAL BERHAD
77	OVERSEA ENTERPRISE BERHAD
78	PALETTE MULTIMEDIA BERHAD
79	PASUKHAS GROUP BERHAD
80	PETERLABS HOLDINGS BERHAD
81	PINEAPPLE RESOURCES BERHAD
82	PLASTRADE TECHNOLOGY BERHAD
83	PRIVASIA TECHNOLOGY BERHAD
84	PUC FOUNDER (MSC) BERHAD
85	R&A TELECOMMUNICATION GROUP BERHAD
86	REDTONE INTERNATIONAL BERHAD
87	REXIT BERHAD
88	SANICHI TECHNOLOGY BERHAD
89	SCAN ASSOCIATES BERHAD
90	SCC HOLDINGS BERHAD
91	SCOPE INDUSTRIES BERHAD
92	SERSOL BERHAD
93	SILVER RIDGE HOLDINGS BHD
94	SMARTAG SOLUTIONS BERHAD
95	SMR TECHNOLOGIES BERHAD
96	SOLUTION ENGINEERING HOLDINGS BERHAD
97	STEMLIFE BERHAD
98	SUNZEN BIOTECH BERHAD
99	SUPERCOMNET TECHNOLOGIES BERHAD
100	SYSTECH BHD
101	TECHFAST HOLDINGS BERHAD
102	TECHNODEX BHD
103	TEX CYCLE TECHNOLOGY (M) BERHAD
104	TFP SOLUTIONS BERHAD
105	THE MEDIA SHOPPE BERHAD
106	VISDYNAMICS HOLDINGS BERHAD
107	WINSUN TECHNOLOGIES BERHAD
108	XOX BHD
109	YGL CONVERGENCE BERHAD
110	YTL E-SOLUTIONS BERHAD

PN17 Companies - Bursa Malaysia

List of PN17 Companies

1. ADVENTA BERHAD
2. BINA GOODYEAR BERHAD
3. ECM LIBRA FINANCIAL GROUP BERHAD 
4. GLOBAL CARRIERS BERHAD 
5. GW PLASTICS HOLDINGS BERHAD
6. HAISAN RESOURCES BERHAD 
7. HB GLOBAL LIMITED 
8. HEXAGON HOLDINGS BERHAD 
9. HO HUP CONSTRUCTION BERHAD 
10. INTEGRATED RUBBER CORPORATION BERHAD
11. LFE CORPORATION BERHAD
12. MAA GROUP BERHAD (formerly known as MAA HOLDINGS BERHAD) 
13. MAXTRAL INDUSTRY BERHAD 
14. OCTAGON CONSOLIDATED BERHAD 
15. PAN MALAYSIA CAPITAL BERHAD
16. PATIMAS COMPUTERS BERHAD 
17. PETROL ONE RESOURCES BERHAD 
18. SAAG CONSOLIDATED (M) BERHAD 
19. SILVER BIRD GROUP BERHAD 
20. SUMATEC RESOURCES BERHAD 
21. THE AYER MOLEK RUBBER COMPANY BERHAD 
22. VASTALUX ENERGY BERHAD 
23. VTI VINTAGE BERHAD 

List updated: 13 May 2013