Corporate News ( Malaysia & International )

Dow Jones : ⬆64.22
(Last Friday Closing)
Nasdaq : ⬇17.87

The Dow Rises 64 Points After Jobs Rally Fizzles


GOLD PRICE : 1,317.78
⬆0.88 / 0.07%

WTI CRUDE OIL : 55.26
⬆1.47 / 2.73%‼

BRENT OIL : 62.75
⬆1.91 / 3.14%‼

USD/MYR : 4.10


CORPORATE NEWS

• Malaysia Airport Holdings Bhd (MAHB) has confirmed that it has received a letter from solicitors representing AirAsia Bhd and AirAsia X Bhd in relation to a RM479.78 million suit.

• A joint venture between Vizione Holdings Bhd and Vertice Bhd has been awarded an RM815 million contract by Consortium Zenith to undertake construction works for Package 2 of the Penang Mega Infrastructure project.

• AmanahRaya REIT CEO Zalila Mohd Toon, 58, has resigned just after three months on the job. She took over on Nov 1, 2018, after the post was left vacant for eight months after Noorbaizura Hermeyney quit the REIT in March 2018.

• Bina Darulaman Bhd has appointed Faris Najhan Hashim as the group’s CEO.

• RHB Banking Group has appointed Danny Quah Boon Leng as the country head and CEO of RHB Bank Singapore, and Thoo Kim Seng as CEO of RHB Indochina Bank, Cambodia.

 

• Prestariang Bhd named its senior independent non-executive director Datuk Maznah Abdul Jalil as the group’s new non-executive chairman, replacing  Datuk Mohamed Yunus Ramli Abbas, 70, who has resigned from the group, “as he intends to focus on his long overdue time for himself and family”.

• Eduspec Holdings Bhd has proposed to undertake a capital reduction to cancel RM107.31 million of its paid-up share capital to offset accumulated losses. It hopes to transform its  financial position from an unaudited accumulated loss of RM54.44 million as at Sept 30, 2018, to RM62.83 million in retained earnings.

• Berjaya Foods Bhd (BFood) has set aside more than 50% of its RM100 million capex for the fiscal year ended April 2019 for Starbucks. With 20%-30% of the capex remaining, the group  indicated Starbucks would continue to be the focus of its expansion as the outlets had delivered stable same-store sales growth of about 6% to 8%.

• Heitech Padu Bhd has bagged a RM14.4 million, two-year contract from the Inland Revenue Board to renew the software licence for the board’s mainframe systems. The contract is effective tomorrow, with group adding it will have positive effects for its future earnings.

• CIMB Group Holdings Bhd appointed Time dotCom Bhd chief executive officer Afzal Abdul Rahim as its independent and non-executive director, effective today.

• Fraser & Neave Holdings Bhd (F&N) reported a 15% increase in its net profit to RM122.86 million for the first quarter ended Dec 31, 2018, from RM106.83 million in the same quarter a year ago, supported by a higher contribution from its operations in Malaysia and Thailand.

• Dolomite Corp Bhd has appointed Datuk Mangsor Ismail, 68, as its independent and non-executive chairman. He is currently a director of the group, replacing Tan Sri Mohd Jamil Johari, 71, who has stepped down from the group's board of directors "in the interest of board rejuvenation", the property development and construction group said in a filing.

• Gunung Resources Sdn Bhd, a wholly-owned unit of Gunung Capital Bhd, has won a 12-month project management contract worth RM9.45 million. The contract was awarded by Conso Hydro RE Sdn Bhd a 50.1% indirectly owned subsidiary of the group. It is for the procurement, construction and commissioning of a 2MW installed capacity small hydropower plant in Gopeng, Perak with the option to operate and maintain the hydropower plant after completion.

• Crest Builder Holdings Bhd has bagged a 27-month contract worth RM99.6 million to construct a 26-storey hotel at Jalan P Ramlee, Kuala Lumpur. The contract was awarded by Techvance Properties Management Sdn Bhd.

International Economic News

🇺🇸 President Trump said he will dispatch Treasury Secretary Mnuchin and Trade Representative Lighthizer to China in the middle of this month to hold the next round of trade talks. The U.S.-China trade conflict after China pledged to "substantially" increase imports of U.S. agriculture, energy, industrial products and services.

🇺🇸 A U.S. Labor Department report showed nonfarm payrolls jumped by 304,000 jobs last month, the largest gain since February 2018 and beating economists’ expectations for an increase of 165,000.

🇺🇸 The Jan ISM manufacturing index unexpectedly rose +2.3 to 56.6, stronger than expectations of -0.1 to 54.0.  The Jan ISM prices paid fell -5.3 to 49.6, weaker than expectations of -0.6 to 54.3 and the steepest pace of contraction in nearly 3 years.

🇺🇸 Wall Street ended mixed on Friday, as optimism from a surge in January U.S. job growth was offset by a weaker-than-expected outlook from Amazon.com Inc that battered retail stocks.
* Dow +64 (+0.26%)
* S&P +2 (+0.09%)
* Nasdaq -17 (-0.25%)

 

€ European stocks were higher on optimism about progress in U.S.-China trade talks after China pledged to "substantially" increase imports of U.S. agriculture, energy, industrial products and services. However, the market was undercut on signs of weakness in European manufacturing activity after the German Jan Markit/BME manufacturing PMI was revised downward by -0.2 to 49.7 and the Italy Jan Markit/ADACI manufacturing PMI fell -1.4 to 47.8, both at the steepest pace of contraction in 5-1/2 years.

⛽ Oil prices rose about 3% on Friday on upbeat U.S. jobs data and signs that U.S. sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed U.S. drillers cut the number of oil rigs
* Crude oil $55.26 (+1.46)
* Brent Crude $62.75 (+1.91)

🇨🇳 The China Jan Caixin (flash) manufacturing PMI fell -1.4 to 48.3, weaker than expectations of -0.1 to 49.6 and the steepest pace of contraction in nearly 3 years.

👑 Gold slipped on Friday, weighed down by robust U.S. jobs data, but remained on course for a second week of gains buoyed by the U.S. Federal Reserve's signal that it would pause its interest rate hikes. U.S. gold futures settled $3.10 lower at $1,322.10.

🌴FCPO (2299, -4) ended the week on a negative tone after a volatile trading session as traders digests the latest palm oil 1-31 Jan exports data. Despite cargo surveyor reporting a positive results, price action turned bearish as exports grew slower than expected. Meanwhile, recent strength in MYR and weaker related edible oil prices during Asia capped further upside momentum. From a technical view, critical support seen at 2275 with strong resistance at 2333. Till a breakout occurs, market may range  sideways ahead of CNY holidays.

🌱 U.S. soybean futures rallied to multi-month highs on Friday on news of renewed demand after China state-owned firms bought at least 1 million tonnes of U.S. soybeans on Friday, a day after high-level bilateral talks yielded progress toward a trade deal and a Chinese commitment to buy more U.S. soybeans. However, market's gains were limited as worries and uncertainties over massive soybean stockpiles and looming harvest of a large soy crop in Brazil remains intact. China agreeing to buy another 5 MMT of US soybeans, although details/timing is unknown.

Malaysian Energy Professionals Association (MEPA) Memberships

Good afternoon.

REMINDER TO MEMBERS of Malaysian Energy Professionals Association (MEPA)

Your membership did not renew for this year (2019).
Your membership now is Ordinary (Individual).

FEE MEPA MEMBERSHIP :-

Ordinary (Individual) : Membership RM 50

If you have any Certified Energy Manager  (CEM) or Register Electrical Energy Manager (REEM)
You must upgrade your membership for this year .

FEE MEPA MEMBERSHIP UPGRADE :-

Energy Professional : Membership RM 150

If you have any questions, you call us on 03- 80657788/7878 or email to info@mepa.my

Thank you.

Regards,

NUR SUAIDA 

Secretariat

MALAYSIA ENERGY PROFESSIONAL ASSOCIATION (MEPA)

F-02-04, Block F, Jalan Prima 5/3, Persiaran Prima Utama

Taman Puchong Prima Utama, 47100 Puchong, Selangor

T: 03 8068 7788     E:  info@mepa.my

MalaysiaGBC Sustainability Seminar 2019 - Seminar on Intelligent Buildings, BAS and Green Data Centres

Greetings from Malaysia Green Building Confederation (malaysiaGBC)!

It is with a great pleasure to introduce you the MalaysiaGBC Sustainability Seminar 2019, jointly organized by malaysiaGBC and ASHRAE Malaysia Chapter (MASHRAE) with the: 
Seminar on Intelligent Buildings, BAS and Green Data Centres

Date     : 20^th February 2019, Wednesday
Time     : 8.00 am – 5.30 pm
Venue  : Intellectual Property Corporation of Malaysia(MyIPO)

                             Camelia Room

                             Level 12A,Tower B, Menara UOA Bangsar,

                             No.5, Jalan Bangsar Utama 1,

                             59000 Kuala Lumpur

                                              (For your convenience, we encourage you to utilise green transport, as the building is attached to the PUTRA LRT-Bank Rakyat Bangsar Station.)

Green ***Building Professionals, Building Owners & Developers, Facility Managers, Green Building Index Facilitators and Architects are invited to attend. 

Attached flyer and registration form for your further reference.
Upon completion, kindly email it to mashrae.my@gmail.com by 15^th February 2019, Friday at the latest.

Do not hesitate to contact the MASHRAE person in charge Mr. Jeffrey (016-9155508) or Ms. Nur (03-78875886/011-10988558) for any enquiry.

Thank you.

Best Regards

Siti Zuliyaismah binti Zakariya (Zulieya), Project Officer
MALAYSIA GREEN BUILDING CONFEDERATION

A-29-09, Level 29, Tower A, Menara UOA Bangsar
No.5, Jalan Bangsar Utama 1, 59000 Kuala Lumpur, Malaysia.
T: +603 2282 8232     F: +603 2284 8232     E: zulieya@mgbc.org.my

INVITATION TO PARTICIPATE IN GREEN BUILDING INDEX – GBI RESIDENTIAL EXISTING BUILDING (REB) TOOL DEVELOPMENT ONLINE FORUM

Sharing is Caring ...

 

Dear Working Group Committee/GBIF/GBICxS,

Greetings from Green Building Index!

With your firm support and encouragement, we have certified over 470 projects to a total of over 222 millions square feet in the last 10 years for Malaysia.

In keeping with the development of green building industry in the country, we are pleased to announce that we are currently inviting participation in the review of GBI Residential Existing Building (REB) Tool.

To finalise its development, we would like to invite you to participate the GBI Residential Existing Building (REB) Tool Development Online Forum to share your insights and comments. The forum is available until 28^th February 2019. Please visit the following link to join in the forum.

https://www.facebook.com/groups/2104561482969971/

If you are unable to participate personally, we would be pleased if you could nominate your representatives to join in the forum.

Please contact us should you require more information.

Thank you and we are looking forward to your participation.

Best wishes,

Anis

Project Officer

Greenbuildingindex Sdn Bhd

Level 4, PAM Centre

99L, Jalan Tandok, Bangsar

59100 Kuala Lumpur

T : 03 2201 6066  F : 03 2201 8566

E info@greenbuildingindex.org

W www.greenbuildingindex.org

Cara Menyediakan Roti Bom / Roti Canai Home Made

Disebabkan tukar kisah restoran tidak bersih, terpaksalah cari alternatif yang lain, rupanya banyak yang berkongsi resepi roti bom ni.. tak jauh beza pun kaedah penyediaannya dengan roti canai.

Dah selesai campur semua adunan, lepas tu uli la sampai naik...

Selepas itu bermula la aktiviti mencanai...

Selesai mencanai, kasi pusing-pusing, jadi la macam ni..

 Mana cukup satu, dua lebih afdal..

Alang-alang dah dua, terus penuhkan quota..

Goreng dalam kuali je, ni kan home made, pakai apa yang ada di rumah..

Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST)

The Malaysian Carbon Reduction and Environmental Sustainability Tool (MyCREST) is a tool that guides construction industry players and stakeholders to design, construct and operate buildings that integrate low carbon and sustainable practices. A building that subscribes to MyCREST will be given certification based on points achieved. MyCREST was developed by taking into account the whole building life cycle starting from pre-design up to demolition stage.

These criteria are then implemented according to three certification phases: DESIGN, CONSTRUCTION AND OPERATION & MAINTENANCE. Depending on each phase, the criteria are adjusted for different requirements and relevance according to that particular phase.