Will incinerator project dampen prices?

From Star Online: Business
19th July 2014

Will the plan by the Government to build an incinerator in Kepong at the current National Waste Transfer Centre affect property prices?

According to various real estate professionals who declined to be named, yes. The effect on property prices will not be just over the short to medium term, but over the longer term as well.

“It is a major consideration. Who wants to live near a major source of pollution?” he asks.

HOHUP: Trading at support level of 1.33

Personal technical analysis

11/7/2014

Support level: 1.33-1.34

Resistence: 1.41, 1.43

Activities by Dato Thong Kok Khee, Executive Deputy Chairman cum Chief Executive Officer of Insas Berhad recently:

Particulars of Director

Name	Dato' Thong Kok Khee
Address	No. 74, Jalan Setiakasih, Damansara Heights, 50490 Kuala Lumpur, Wilayah Persekutuan
Descriptions(Class & nominal value)	Ordinary Shares of RM0.50 each

Type of transaction

Date of change

No of securities

Price Transacted (RM)

Acquired

09/07/2014

200,000

1.335

Acquired

08/07/2014

100,000

1.350

Acquired

01/07/2014

53,400

1.340

Acquired

30/06/2014

100,000

1.350

Acquired

27/06/2014

50,000

1.358

Acquired

26/06/2014

100,000

1.360

Acquired

18/06/2014

100,000

1.350

Acquired

17/06/2014

51,000

1.350

Acquired

16/06/2014

50,000

1.360

Acquired

12/06/2014

153,000

1.347

Acquired

10/06/2014

15,000

1.352

Acquired

04/06/2014

200,000

1.325

Edge Weekly: More upside seen for tech stocks

From The Edge Malaysia
11th July 2014

AS developed markets’ demand for electronic gadgets gradually improve, the share prices of some Malaysian semiconductor players that have long established relationships with global electronics manufacturers have also outperformed the FBM KLCI. Nevertheless, analysts remain positive on the outlook for the sector.

The Semiconductor Industry Association (SIA) reported global semiconductor sales of US$26.34 billion in April, representing the 12th consecutive month of year-on-year increase — a trend that is expected to continue throughout this year and the next. In that month, the semiconductor industry showed an 11.5% growth from the previous corresponding year, with sales in the Americas showing the biggest increase.

Eversendai attempts breakthrough in O&G with liftboat venture

From The Star: Business
5th July 2014

THE oil and gas (O&G) industry may be in vogue for investors, but Eversendai Corp Bhd’s foray into the sector has not really piqued investor interest. In May, Eversendai announced it had bagged contracts for the construction of two liftboats valued at RM580mil.

Liftboats are generally self-propelled working barges that are used in a wide array of offshore jobs.

Eversendai group executive chairman Tan Sri A.K. Nathan describes the venture of building liftboats as a “breakthrough” on the premise that his is the first Malaysian company to do so.

Building and owning liftboats is a niche business in this part of the region. The only other company in this business is Singapore-listed Ezion Holdings Ltd, which is the largest liftboat owner in the world. Almost all major liftboat players are from the United States except for Gulf Marine Services, which has a base in the Middle East.