Automotive
Research Title
Bermaz Auto : 17 March 2020 Macro Headwinds May Dent Anticipated Recovery
Tan Chong : 5 March 2020 Reaching an Inflection Point
Tan Chong : 2 March 2020 Betting on A Slew of New Launches
UMW : 28 February 2020 Bumpy Ride
MBM : 27 February 2020 Backed by A Solid Balance Sheet
MBM : 17 February 2020 Comfortable Gap Maintained
Bermaz Auto : 16 January 2020 Rolling out the CX30
MBM : 9 January 2020 Kickstarts 2020 with the Bezza Facelift

Banking
Research Title
Affin Bank : 3 March 2020 Previously Constraint by Capital Needs
Alliance Bank : 2 March 2020 Credit Cost Moderated
CIMB : 2 March 2020 Income Growth Despite NIM Compression
AMMB : 28 February 2020 Strong PPOP Growth
Maybank : 28 February 2020 Robust End to the Year

RHB Bank : 28 February 2020 Higher than Expected Dividends

Hong Leong Bank : 27 February 2020 Positive Jaws with Strong PPOP Growth
Hong Leong Financial Group : 27 February 2020 Strong Contribution from HLB
Public Bank : 27 February 2020 Weighed by Higher Cost
Maybank : 20 February 2020 Maybank Indonesia 4Q19-Weighed by Higher Provisions
CIMB : 20 February 2020 CIMB Niaga 4Q19-Growing Despite MSS cost
CIMB : 22 January 2020 CIMB Thai 4Q19-Ending the Year Strong
CIMB : 21 January 2020 Outlook is Stable

Cement
Research Title
Malayan Cement : 21 February 2020 Cement Demand Remains Subdued


Conglomerate
Research Title
MMC : 28 February 2020 PTP Volumes Still Holding Up Well So Far
MMC : 26 February 2020 Ending FY19 with A Bang
YTL Corporation : 21 February 2020 Weak 1H, but Outlook Improving
Constructions
Research Title
Sunway Construction : 27 March 2020 First overseas job secured in FY20
Gamuda Berhad : 26 March 2020 Lifted by Construction Segment Earnings
WCT : 20 March 2020 Received LOA for RM1.2b Job
WCT : 16 March 2020 Counterclaim Over Government Project in Doha, Qatar Dismissed by Arbitral Tribunal
IJM Corporation Berhad : 11 March 2020 Clinched TRX Contract Worth RM530m
Gamuda Berhad : 3 March 2020 Awarded as PDP for PTMP
Gabungan AQRS Berhad : 3 March 2020 Brighter prospect in FY20
Gabungan AQRS : 2 March 2020 Expect Better Contribution
Muhibbah : 2 March 2020 Earnings Dragged by Construction Segment
Hock Seng Lee : 28 February 2020 Earnings Shrank Despite Hiked in Revenue

CahyaMata Sarawak : 27 February 2020 Ended with Sluggish Performance
MRCB : 27 February 2020 Expect Better Earnings in FY20
WCT : 27 February 2020 Significant Improvement in Property Segment
IJM Corporation : 26 February 2020 Property Divisions Disappoints
Sunway Construction : 21 February 2020 Slower Construction Activities
KKB : 19 February 2020 FY19 Ended on A High
WCT : 13 February 2020 Claim Against WCT and its JV Dismissed
Gabungan AQRS : 28 January 2020 Expect New Catalyst from One Jesselton Waterfront
Gamuda : 20 January 2020 Formalised Role in MRT 2
Gabungan AQRS : 17 January 2020 Leveraging on Current Portfolio
KKB : 6 January 2020 Maiden Jobs Awarded in 2020
Gamuda : 3 January 2020 Project Award from Port of Keelung

Consumer

Research Title
QL Resources : 28 February 2020 Solid Performance from the Poultry Segment
Padini : 27 February 2020 Improvement in Same Stores Sales Growth
Panasonic : 27 February 2020 Cost Management Helped to Deliver Positive Earnings
Spritzer : 27 February 2020 Lower Raw Material Cost Continues to Drive Earnings
Nestlé : 26 February 2020 Reaping the Benefit of Cost Saving Initiatives
MSM : 26 February 2020 Narrower Losses is Expected in FY20
AEON Co : 25 February 2020 Lower Contribution from Property Management
Leong Hup : 19 February 2020 Thinning Profit Margin
MSM : 5 February 2020 Business Fundamentals to Improve Gradually

Gloves
Research Title
Top Glove : 20 March 2020 Well-Positioned to Capture the Sudden Surge in Demand
Supermax : 26 February 2020 Prolong Period of Low Average Selling Prices
Kossan : 24 February 2020 Average Selling Price Continue to Decline
Hartalega : 12 February 2020 Overstretched Valuation
Kossan : 17 January 2020 Proceed from Land Disposal to Fund Expansion Plan
Healthcare
Research Title
IHH Healthcare : 2 March 2020 Earnings Dragged by Higher Finance and Tax Costs
KPJ : 27 February 2020 Earnings Lifted by the Recognition of Tax Incentives
Pharmaniaga : 21 February 2020 Expecting Better Earnings in Subsequent Quarters
Industrial
Research Title
UEM Edgenta : 27 February 2020 Earning Supported by Better IS Revenue Recognition
Insurance
Research Title
Tune Protect : 2 March 2020 Earnings to be Adversely Impacted by AirAsia Segment
Syarikat Takaful Malaysia : 26 February 2020 Earnings to be Under Pressure in FY20
LPI : 4 February 2020 FY19 Combined Ratio Deteriorated to Above 70%
Media
Research Title
Astro : 26 March 2020 A potential beneficiary of COVID-19 lockdown
Star : 28 February 2020 Print and Digital Segment Outperformed
Media Prima : 27 February 2020 Positive Signs of Regaining Profitability
Non-Bank Financials
Research Title
MBSB : 2 March 2020 Turnaround to A Write Back in ECL in the Quarter
Bursa Malaysia : 31 January 2020 Some Improvement in 4QFY19 but it Wasn't Enough

Oil & Gas
Research Title
Bumi Armada : 28 February 2020 Earnings Supported by Armada Kraken
Deleum : 27 February 2020 Earnings Marred by Compressed Margins
Favelle Favco : 27 February 2020 Crane Sales and Tower Crane Rentals to Drive Earnings
Petronas Chemicals : 27 February 2020 Earnings Marred by Unplanned Plant Shutdown
Petronas Dagangan : 26 February 2020 Earnings Marred by Lower Average Selling Prices
Dayang : 24 February 2020 Improved Offshore Margin Boosted Earnings
Petronas Gas : 19 February 2020 Earnings Boosted by Gas Processing and Utilities
Wah Seong : 19 February 2020 Improved Earnings Visibility
Dialog Group Berhad : 14 February 2020 Newly Commissioned Terminals Boosted Earnings
Gas Malaysia Berhad : 14 February 2020 Earnings Cushioned by Higher Tariff and Volume
MMHE : 13 February 2020 MHB Returns to Black
Plantation

Research Title
FGV : 2 March 2020 COVID-19 and Trade Spat to Dent Demand Prospects
Sime Darby Plantation : 2 March 2020 Asset Monetisation Exercise to Pick Up Pace in 2020
Ta Ann : 2 March 2020 Further Strengthening its Timber Division
PPB Group : 28 February 2020 Lifted by Higher Contribution from Wilmar
TSH : 28 February 2020 Higher Contribution from its Palm Products Segment
Genting Plantations : 27 February 2020 Elevated CPO Price to Support Earnings Momentum
IJM Plantations : 26 February 2020 Earnings Turned Black in 3QFY20
IOI Corporation : 19 February 2020 Weaker than Anticipated Earnings Recovery
Kuala Lumpur Kepong : 18 February 2020 HIgher CPO Price Offset for the Fall in FFB Production
MSM : 5 February 2020 Business Fundamentals to Improve Gradually

Property
Research Title
Eco World Development : 27 March 2020 Interim new sales target RM2b
Mah Sing : 2 March 2020 New Sales Target at RM1.6b
S P Setia : 27 February 2020 New Sales on Track
UOA Development : 27 February 2020 Attractive Yield
IOI Properties : 26 February 2020 Marginally Higher Earnings in 1HFY20
Sunway : 26 February 2020 Stable Earnings
UEM Sunrise : 25 February 2020 Ended FY19 on A Positive Note
Eastern & Oriental : 19 February 2020 Weak Eearnings
REITS
Research Title
Al 'Aqar : 26 February 2020 Attractive Upside
Sunway REIT : 14 February 2020 Decent Earnings
Amanahraya Reit : 11 February 2020 Lower Earnings
KLCC : 24 January 2020 Stable Earnings in FY19
Pavillion Reit : 24 January 2020 Earnings Dragged by High Property Expenses
CapitaLand : 23 January 2020 Unexciting Earnings
IGB REIT : 23 January 2020 Ended FY19 on A Positive Note
AXIS Reits : 22 January 2020 On Acquisition Trail
AXIS Reits : 21 January 2020 Earnings Dragged by Higher Expenses
Services
Research Title

Steel
Research Title
Technology
Research Title
MYEG : 28 February 2020 Consistent Transaction Volume
D & O : 27 February 2020 Slight Lower Profit Margin
Unisem : 27 February 2020 Improving Operational Efficiency
Inari : 26 February 2020 Expecting Earning Hiccup due to Covid-19 Outbreak
Globetronics : 25 February 2020 Expecting Another Contraction in Annual Earnings


Telecommunications
Research Title
Axiata : 24 February 2020 EBITDA Charted Double Digit Growth
Telekom Malaysia : 24 February 2020 Revenue Pressure to Persist
DiGi : 23 January 2020 Anticipating Another Challenging Year
Maxis : 21 February 2020 Weaker Mobile Revenue
Tobacco
Research Title
BAT : 21 February 2020 Staying Relevant

Toll
Research Title
Litrak : 28 February 2020 Cost Management Remains A Driver for Earnings Growth
Utilities
Research Title
YTL Power : 13 March 2020 Consolidates Position in Singapore Power
Tenaga : 2 March 2020 Disappointed but Dividends at Record High
Ranhill : 28 February 2020 Rock Solid
YTL Power : 21 February 2020 Little Catalyst in 1HFY20