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Friday, January 30, 2015

KSL buys 297 acres agricultural land in Batu Pahat for RM90.6m

KUALA LUMPUR (Jan 30): KSL Holdings Bhd (KSL) has started its land banking exercise for the year, by purchasing 297.2 acres of freehold agricultural land in Batu Pahat, Johor, for RM90.62 million.

“The objective of the proposed acquisitions is primarily to replenish the land bank of KSL, and it is in line with the expansion plan to acquire and enlarge its land bank at strategic locations for the future property development activities.”

“The proposed acquisition will provide the group with the required land bank, and are expected to achieve medium to long term sustainable income growth and visibility,” KSL said in a filing with Bursa Malaysia.

The parcels of land are purchased by four of KSL’s wholly-owned subsidiaries from Indah Corp Bhd — an investment holding company which operates the Bukit Banang Golf and Country Club.

The RM90.62 million price tag was arrived on a willing buyer willing seller basis, it said, after taking into consideration, the development potential of the land and making comparisons with the market value of matured properties surrounding the land.

KSL (fundamental: 2.6; valuation: 0.6) said no formal valuation was done for the purchase, as the Board viewed market comparisons were sufficient.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

Hua Yang acquires land next to MRR2 for RM800m GDV mixed-development

KUALA LUMPUR (Jan 30): Ipoh-based property developer Hua Yang Bhd has acquired 8.09 acres of leasehold land located along the Middle Ring Road 2 (MRR2), to build a high-rise mixed development project, with an estimated gross development value (GDV) of RM800 million.

“The parcel of land was acquired for a total purchase consideration of RM120 million, with the sales and purchase agreement expected to be completed by the second quarter of financial year ending March 31, 2016,” said Hua Yang (fundamental:1.7; valuation:2.4) in a statement today.

The lease on the 8.09 acres land will expire on May 2111. The high-rise mixed development is to be funded by internally-generated funds and/or bank borrowings, it said.

“The demand for affordable housing will remain favourable, particularly from the middle-income group, and we are optimistic that the project we have planned for this site will be well-received by young first-time home buyers.

“This latest acquisition is also in line with our aim of replenishing our current landbank, and this puts us one step closer towards our goal in achieving a total undeveloped landbank GDV of RM5 billion,” said Hua Yang CEO Ho Wen Yan in the statement.

The parcel of land is situated to the north of Selayang, Kuala Lumpur, and is placed in a well-established area with high potential of population growth.

“Its strategic location provides ready access to Petaling Jaya and Kuala Lumpur areas, which are just 15 minutes away via various highways such as the MRR2, DUKE Highway, New Klang Valley Expressway (NKVE), and Damansara–Puchong Expressway (LDP),” said Hua Yang.

This latest acquisition came on the back of its acquisition of two plots of land on Jan 26, 2015, in Bukit Mertajam, Penang, which are slated for a mixed development and a residential condominium.

Its statement today said it now has a total undeveloped landbank of 502 acres with a potential GDV of RM3.9 billion, with the Klang Valley, Johor and Perak remaining as its key focus areas.

Hua Yang closed 2 sen or 0.94% higher at RM2.15 today, giving it a market capitalisation of RM567.6 million. (Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

成本降‧載客增‧亞航燃油費損失7億獲彌補 點看全文: http://biz.sinchew.com.my/node/109488?tid=18#ixzz3QGLP1T1w Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook

(吉隆坡27日訊)亞洲航空(AIRASIA,5099,主板貿服組)宣佈取消征收燃油附加費,分析員認為是正面之舉,預料該公司今年將可能因此損失7億令吉收入,但燃油成本降低及載客率改善,足以彌補此損失。

亞航將從1月26日起取消燃油附加費,以反映全球燃油價格疲軟。目前飛機燃油價格已跌至每桶60美元的5年新低水平。

大眾研究對此持正面看法,因為有助刺激更多人乘搭亞航和改善載客率,尤其是近期的QZ8501意外和4月份起實施消費稅,消費者可能更謹慎消費。

大眾估計,亞航平均對每名乘客征收30令吉的燃油附加費,假設該公司在2015年運載2千400萬名乘客,意味著可能減少7億令吉收入。

同時,假設2015和2016年的平均飛機燃油費為每桶75及85美元,比起之前估計的112美元,亞航可從中節省43%燃油成本,足以抵消所減少的收入。

大眾調低燃油附加費和燃油成本預測,因此將亞航2015-2016年核心盈利預測降低1至7%。

興業研究指出,亞航上一回取消燃油附加費是在2008年全球金融危機期間,導致亞航2019財政年的回酬(可用座位每公里收入)下跌15%,因當時全球經濟疲軟,而該集團積極擴張機隊。

“我們認為這次的跌勢不會嚴重,因回酬率已處於全球金融風暴以來的低點,加上馬航縮減航班(尤其是國內航班),預期需求將超越供應,因此可以減緩回酬下跌的衝擊。”

興業原本預期亞航在2015年的回酬將增長5%,如今調整為下跌2%,加上增加承擔印尼亞航的虧損(從3千萬令吉增至1億令吉),因此將2015-2016年財測略為下調2.4%和6.4%。

MIDF研究表示,亞航的部份主要競爭對手在本月初已經取消燃油附加費,但亞航管理層表示機票銷售仍超越預期,因此正面看待該公司的最新行動,預期將可爭取到更多乘客預訂機票。

亞航X機票起價
抵燃油費損失

隨著市場競爭激化,興業認為,亞航X(AAX,5238,主板貿服組)不太可能承受進一步減少回酬,因為這可能加深虧損的風險。

“我們相信取消燃油附加費的衝擊,可被該公司提高機票費所抵銷。”

惟興業將亞航X的整體回酬成長預估從8%下調至6%。不過,也降低飛機燃油價格預測,隨著燃油成本減少,預料該公司將可在2015年轉虧為盈,錄得微小的核心淨利。

興業仍擔心亞航X能否轉盈,該公司自成立以來至今仍處虧損,而馬航在中長程航班持續展開削價戰,顯示競爭仍未消退。

亞航XCEO傳已辭職

根據《The Sun》報道,亞航X首席執行員阿茲蘭奧斯曼已經辭職,目前正帶薪休假。

本週五將是他在亞航X的最後一天。

KiniBiz報道,雖然阿茲蘭強調自己絕對未辭職,但報道引述消息人士稱,亞航X董事部將在週四(29日)開會決定他的去留。

阿茲蘭是在2010年7月出任亞航X的首席執行員,合約為期3年,並在2013年7月4日續約3年,如今是提早解約。

在亞航X於去年11月公佈重大虧損之後,市場便盛傳阿茲蘭將掛冠而去,上週他還否認將離職。

消息指出,阿茲蘭早已不再領導亞航X,該公司早前委任投資者關係主管班傑明依斯邁出任副首席執行員。

亞航X的大股東之一羅勃米爾頓預料將接任首席執行員,掌管大馬、泰國和印尼的業務。

據瞭解,隨著亞航及亞航X進行業務整合,該集團已大砍人手,單單在上週已遺散36名員工,管理委員會在上週日開會以商討進一步裁減人手。

亞航集團在截稿時未作回應。

(星洲日報/財經‧報道:李勇堅)


點看全文: http://biz.sinchew.com.my/node/109488?tid=18#ixzz3QGLH7FG5 
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未获污染控制局证书 成荣印度发电厂再展延

(吉隆坡28日讯)成荣集团(MUDAJYA,5085,主板建筑股)因无法及时取得印度污染控制局的证书,因此,当地发电厂的启用期被迫再次展延。

成荣集团原预期,旗下位于印度的4家各产电360兆瓦的发电厂,可在去年杪启用,但至今仍未有开始运作的迹象。

公司指,由于申请当地污染控制局证书的过程较预料中耗时,所以,发电厂投产期被迫再次展延。

大众投行研究分析员对上述消息表示失望,因为其中一家厂房已竣工且通过测试,可随时投产,其余3家也料可在今年上半年内竣工启用。

“我们因此调整现财年的盈利预测,估计仅可入账6000万至8000万令吉盈利预测的30%至40%。”

3年财测下修

另一方面,他也调高每兆瓦工程成本至120万美元(约432万令吉),较之前预测的高出20%,因为外汇波动,以及工程延迟而额外增加利息成本。

分析员预料,成荣集团未来数季业绩表现会放缓。

“除了发电厂业务未能贡献盈利,我们也了解到目前新合约较少,大部分潜在合约都还在竞标阶段。”

他预计,公司可在现财年获得10亿令吉的新合约,刚好可补给在上财年第3季获得的11亿令吉合约。

“我们认为,公司现财年盈利增长受压,所以,调低2014至2016财年的盈利预测,分别42%、44%和18%。”

他也根据净有形资产折扣20%,下修目标价至1.8令吉。

RHB Research downgrades Yinson to Neutral despite huge FPSO win

KUALA LUMPUR: RHB Research is downgrading Yinson Holdings Bhd to Neutral from Buy despite news that the company had secured a huge 15-year FPSO (floating production storage and offloading) contract in Ghana, saying there's limited upside and that it would spark profit-taking.
The target price has also been lowered to RM3.05 from RM3.19 for the stock, which was trading at RM2.88 at 10.58am on Thursday.
Yinson’s FPSO contract, awarded by Eni Ghana Exploration and Production, is valued at US$2.5bil (RM9.2bil) over 15 years. Including five extension options, it would be worth US$3.3bil.
The FPSO will be 100% held through Yinson Production (West Africa) Pte Ltd, as it converts the very large crude tanker, Yinson Genesis, within the next three years.
According to RHB Research, the contract value and project capex was within its expectations.
“We gather funding is already in place and estimate that a debt of RM2.6bil is within an increase of Yinson’s gearing to a maximum 2.5 times from 0.33 time.
“We view this contract positively, as it will 1) triple its existing firm orderbook of about US$1bil (US$2.1bil including extensions), 2) significantly lengthen Yinson’s average firm contract period of 6.3 years, 3) propel its expertise on the FPSO value chain, and 4) be the first FPSO contract to unlock the acquisition value of Fred Olsen Production.
However, the research house says while the FPSO could provide a long-term catalyst as the contract value does not factor in non-associated gas, it sees limited upside at current levels and expects investors to consider profit-taking since earnings base will only double from financial year 2018.
“While Yinson still has room to secure a small new floater job, we expect flattish earning growth through FY16-17 due to US dollar volatility and a hike in operating cost,” it concludes. 

Shell CEO sees long-term oil price at $90 a barrel

LONDON: Oil prices should reach a long-term equilibrium of $90 per barrel, Royal Dutch Shell's Chief Executive Ben van Beurden told a conference call on Thursday.

He said it was impossible to predict when prices would return to those levels and said oil prices were poised to remain volatile in the mid-term.

Royal Dutch Shell shares fell on Thursday after the oil company missed profit expectations and announced a three-year, $15 billion cut in spending reflecting a steep fall in oil prices.

Van Beurden however warned against an over reaction to the 60 percent drop in oil prices since June, while keeping dividends unchanged to soothe investors.

"We are taking a prudent approach here and we must be careful not to over-react to the recent fall in oil prices," van Beurden said.

Shell shares were down 3.7 percent at 0826 GMT after the company's fourth-quarter 2014 adjusted net income of $3.3 billion missed market expectations by more than 20 percent.

"It was a big miss in upstream," said Raymond James analyst Bertran Hodee.

The $15 billion spending cut, which will involve canceling and deferring projects through 2017, which would represent a 14 percent cut per year from 2014 capital investment of $35 billion.

Reflecting the new oil price environment, Shell, having said in October it would keep its 2015 spending unchanged, announced it would have to cut what is one of the largest capital investment programmes in the industry.

"Shell is considering further reductions to capital spending should the evolving market outlook warrant that step, but is aiming to retain growth potential for the medium term," it said in a statement.

Oil prices have fallen because of weak global demand and a boom in U.S. shale production. OPEC in November decided not to cut output as the group of oil producing nations hopes to force other producers to trim production.

Oil majors including rivals BP and Total have said they do not intend to cut their dividends, a key attraction for investors, even if oil prices remain low.

Most have already announced cuts in capital expenditures of around 10-15 percent and sold assets worth dozens of billions of dollars.

But they have warned against cutting too much as it could derail long-term projects, destroy the value of companies and potentially even lead to an oil shortage in the future.

DIVIDEND MAINTAINED

Shell maintained its fourth-quarter dividend unchanged from the previous quarter at $0.47 per share and in a rare move pledged to pay the same amount in the first quarter of 2015.

Income from oil production, known as upstream, dropped by 30 percent from a year earlier to $1.73 billion due to lower oil prices.

This was offset by a near tripling of earnings from the refining and trading division to $1.55 billion.

A low borrowing ratio of 12 percent at the end of 2014 leaves room for further lending, however, placing Shell in a strong position to deal with the low oil prices, Hodee said. - Reuters

http://www.thestar.com.my/Business/Business-News/2015/01/29/Shell-CEO-sees-long-term-oil-price-at-$90-a-barrel/?style=biz

Press Metal in RM2b smelter expansion plan

KUCHING: Press Metal Bhd will invest RM2bil in the Phase 3 expansion of its aluminium smelter project to raise production capacity, said group chief executive officer Datuk Paul Koon Poh Keong.
He said the additional capital injection would bring the company’s total investment in aluminium smelting facilities in Sarawak to RM5.5bil.
The Phase 3 expansion will be located next to the company’s existing smelter in Bintulu’s Samalaju Industrial Park within the Sarawak Corridor of Renewable Energy (SCORE). Press Metal also owns an aluminium smelter in Mukah. Both smelters are currently in full operations.
“Every year, we (Press Metal) generate more than US$1bil in aluminium exports for the country,” said Koon in a presentation at a SCORE forum. The forum was part of the three-day International Energy Week 2015 hosted by the Sarawak Government.
Regional Corridor Development Authority CEO Tan Sri Wilson Daya Dandot chaired the session, which featured two other panel speakers – Sarawak Planning Unit director Datuk Ismawi Ismuni and Sakura Ferro Alloys general manager Chris Rowe.
Stage one of the phase III project is expected to be operational by the last quarter of 2015 and stage two by the first quarter of 2018. Upon completion of the expansion project, Press Metal will raise its total smelting capacity to 766,000 tonnes from 440,000 tonnes per annum to become the largest smelter in South-East Asia.
The existing Samalaju smelter has an installed capacity of 320,000 tonnes per annum, while the Mukah smelter has a designed capacity of 120,000 tonnes per annum.
Last month, Press Metal signed a power purchase agreement with Syarikat Sesco Bhd (owned by Sarawak Energy Bhd) for an additional 500MW of power for a 25-year period for the proposed new smelter.
Koon said Press Metal currently produced aluminium ingots and billets, which are exported to various countries, including Mexico and North America.
According to him, aluminium is today more widely used, including in the automotive industry in the United States and in window buildings due to its energy-saving advantage.
He said as the aluminium smelting industry could generate many spin-off activities, “we are aggressively looking at getting downstream industries to be players in Sarawak”.
Koon said if aluminium downstream industries currently operating in Peninsular Malaysia could build plants next to Press Metal’s smelter, they would be able to buy molten aluminium instead of having to purchase aluminium ingots first and then melt them down for processing activities, thereby saving costs.
Earlier, Ismawi sought the help of Press Metal and other energy-intensive industries which are operational in Samalaju Industrial Park to attract downstream industries to set up manufacturing facilities in SCORE.
Other pioneer investors in Samalaju are Japan’s Tokuyama, which owns a polycrystalline silicon plant, and OM Materials Sarawak Sdn Bhd, which is ramping up its production of ferro alloys.
“With these trigger industries (in operation), hopefully we can build the clusters and bring in the small and medium industries in downstream activities,” he added.
He said with the production of polycrystalline silicons for solar cells, Sarawak could develop the whole supply chain of the solar industry.

周顯 - 創仔轉主板才做賊

創仔轉主板才做賊
2015年1月30日

【明報專訊】在同一天的報紙,看到了有兩座樓盤,分別以加價3%和減價20%推售,當然了,這並不代表了樓價是升了還是跌了,因為那個加價的樓盤,也許只不過是第一期推出時,為了先聲奪人,故意開低了售價,那個減價20%的樓盤,則很明顯是當初取價是太過勇猛,又或者是先要把摸頂的「傻魚」吃掉,才去減價,食埋其餘的,這即是說,只是原來的定價太高,並不是真的「減價」了。

新盤「減價」 只不過最初定價過高

姑不論以上的兩宗例子,又有另一宗新樓的個案,卻是真人真事。話說有一間豪宅,是新樓,原價4000萬元,代理竟然可以收到15%的佣金!

那代理問我有沒有朋友去買,我對她說﹕「不如你介紹個美女給我認識,我假裝對她暈晒大浪,幫她付一成首期,我們還有5%的差價可以落袋!」

據說,在很多年前,有一名超級大美人的老公,就是用這一招來奪得美人歸,兼且財色兼收。只可惜,在豪宅五成按揭的今日,這一招妙計,恐怕不能成立了。

炒高股價再急插 股民以為「便宜」就買

本文的主旨,也並非是要討論樓價是升是跌,而是提出另一個技術性的問題﹕如果你要賣樓,究竟是要把樓價降低,還是提高經紀佣金,那一種更為有效?又或者是,先把第一期的樓價托至無人會買的昂貴水平,然後以大劈價的形式,招人購買?其實,炒股票也是同一種手法,把股票炒到老高,然後急插來來,股民覺得廉宜,便會購買了。

其實,某隻創業板股票,便很喜歡用這一招,第一個後果是,證監派人來查,這當然是沒有什麼相干,可是,後來證監把它打進了黑名單,結果令到這隻創仔轉主板失敗,這才叫做慘痛損失!這故事教訓我們﹕創仔應該在成功轉了做主板之後,才去做賊,否則隨時因小失大!

[周顯 投資二三事]

Thursday, January 29, 2015

油價暴跌‧缺大合約‧油氣上游業或乾枯

2015-01-27 17:08
  •  
(吉隆坡27日訊)國際在2014年走過繁榮和蕭條,分析員認為短期油價將難重返榮耀,石油與天然氣領域盈利前景恐受波及,其中油氣上游業者更可能陷入半年的干枯期,股價難有作為,反之油氣特別併購公司(SPAC)則成為另一“安全”的投資選項。

大型油氣股落後綜指37%

油氣股去年整體走勢落後大市,主要受油價暴跌衝擊,加上缺乏大型合約催化;大型油氣股的股價表現落後綜指37%,而小型油氣股的股價則落後28%。

豐隆研究表示,國際油價仍波動,但相信需要更長的低油價時代來抑制美國頁岩油供應增長,因此預見油價僅有望在今年下半年才有希望緩步走向復甦。

“整體來說,我們預期任何反彈幅度都不會太大,因領域現面對的供應問題需要長期的調整,淘汰高成本或生產效率不足的生產商。”

同時,英國石油(BP)、蜆殼石油(Shell)等國際油氣巨頭紛紛宣佈下砍開銷,國家石油公司(Petronas)也跟進削減資本開銷15至20%,TH重工(THHEAVY,7206,主板貿服組)等油田服務供應商也傳開始削減人手來撙節成本。

邊佳蘭等計劃料不受影響

豐隆指出,隨著油價下跌,勘探活動打擊最重,對海事重工(MHB,5186,主板貿服組)、合順油氣(UMWOG,5243,主板貿服組)和貝利賽(PERISAI,0047,主板貿服組)等前景感到憂慮。

“但是,我們相信總值270億令吉的邊佳蘭煉油及石油化學綜合發展計劃(RAPID)等已獲得最終投資決策(FID)的工程將不會受到影響,預期煉油廠配套工程將持續頒出,而新風險服務合約(RSC)也僅可能在油價站上每桶80美元方釋出。”

豐隆表示,基於油價恐難在短期內復甦,加上油氣巨頭紛紛削減開銷,料油氣上游業者未來6個月可能陷入干枯期,因此訂單覆蓋率將提供更清晰的油氣公司盈利能見度。

“其中,阿瑪達(ARMADA,5210,主板貿服組)和達洋企業(DAYANG,5141,主板貿服組)獲長期浮式生產儲油船艦(FPSO)和維修與岸外裝配和營運(HUC)工程支撐,而華商機構(WASEONG,5142,主板工業產品組)和海事重工則因訂單更新緩慢,盈利前景相對脆弱。”

對於市場擔心的油氣股負債問題,根據豐隆分析,目前油氣公司的淨負債水平在可管理的低於1倍水平,除了沙肯石油(SKPETRO,5218,主板貿服組)為1.2倍。不過,沙肯石油的160億令吉債務中,只有15億令吉是短期債。

油氣公司在利率覆蓋率也都高達3倍以上,只有貝利賽低於1倍。


(星洲日報/財經‧報道:洪建文)

中小油氣股展望下調

2015-01-28 10:23

(吉隆坡27日訊)對於油氣股2015年表現,總體來看,豐隆認為,基於油價短期將持續低迷,負面情緒、資本開銷和上游領域大型合約延宕頒出等利空消息瀰漫,維持油氣領域“中和”評級,並下調中小資本股本益比目標從11倍至10倍,但保持大資本股14倍本益比不變。

“我們青睞高盈利能見度、可管理負債水平、參與RAPID發展,以及曝險於服務維修相關領域的油氣公司,建議長期投資者趁低累積阿瑪達、科恩馬集團(KNM,7164,主板工業產品組)和烏茲馬(UZMA,7250,主板貿服組)。”

SPAC風險偏低

對於風險厭惡的投資者來說,豐隆認為可以考量尚未畢業的油氣特別併購公司(SPAC),因他們提供比定期存款更高的無風險回酬率(Risk Free Return),同時還可享有上升“選擇”。

長期投資者在最糟的情況下,持有SPAC公司至成熟期,提供吸引人的11至22%的回酬,這轉化為每年8至9%的無風險回報率,遠高於定存的3.2%回報。

SPAC是持有現金,尋求收購油氣資產的公司,一旦收購有價值的資產,可成為股價的催化劑。

目前,REACH能源(REACH,5256,主板特別併購)、CLIQ能源(CLIQ,5234,主板特別併購)和SONA石油(SONA,5241,主板特別併購)等油氣SPAC待畢生現以比原有現金值折價交易7至13%,而成功完成合格資產(QA)計劃將提供良好的上漲空間。


(星洲日報/財經)

(Icon8888) ACE Companies' Business Activities (Part 2) (amended K-One Technology)

9. JF Technology

J Foong incorporated on 29 April 1999, is concerned with the manufacturing and trading of electronic products and components. Its maiden product was the single pin cantilever test probe. JF Technology's second subsidiary is JF Microtechnology, which was incorporated on 14 December 2005 to provide a focal point for innovations, in particular the production innovative test solutions to address the future needs of the developing semiconductor market.
JF Technology was incorporated in Malaysia as a public listed company on 18 September 2006. It was established to become the investment holding company of wholly-owned subsidiaries J Foong Technologies and JF Microtechnology in conjunction with the listing of the Company on the MESDAQ Market on April 2008.
Since its establishment in 1999, JF Technology has become main supplier and specialize in design and manufacturing of test probes and test sockets products to semiconductor industry worldwide. JF Technology is at your service to transform your given specifications into products adapted to your own specific needs and requirements, while strictly abiding by high quality standards, short delivery schedules and competitive pricing.


(Zigma)

(Zigma DDK)

(HCI)

(Alpha)

(Omega)

(Acma)



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10. K-One Technology

 

Core Capabilities

1. Design and Development  K-One’s design and development capabilities include:
  1. Industrial Design
  2. Wireless / RF Design
  3. Optical Design
  4. ASIC
  5. Signal Integrity and EMI
  6. PCB Layout
  7. Software and Firmware
  8. Mechanical Design
  9. Test Development
  10. Qualification and Approval
  11. Tooling Design

2. Manufacturing  K-One offers leading sub-system and system level manufacturing services. We are able to handle full service turnkey, box-build manufacturing or alternatively, we can be flexible to accept consigned manufacturing. K-One offers our customers a total end-to-end manufacturing solution. This would include industrialization right up to warehousing, inventory management and delivery to the customers’ doorstep. K-One’s manufacturing facilities provide industry leading system assembly and testing, build sub-system and system configurations in a variety of layouts, from the speed of high volume incremental builds to the dedicated high-tech engineering of low volume, high-mix assembly.

3. Global Sourcing   Getting the right cost with the right quality are vital elements in promoting a successful business. At K-One, we understand every customer will have unique preferences and requirements but all want it at the right cost. K-One has over the years built an extensive network of supply chain vendors, both locally and in Asia Pacific where customers can leverage on our stringently controlled and integrity based liaisons to get the most competitive component prices. K-One’s team of experienced professional material specialists continuously update our comprehensive database of qualified vendors of plastic, metal, electronics and electrical components in Asia Pacific and the rest of the world

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Business Segments
 
 
1. Computers
Without doubt, the Information Technology market segment is one of the most robust business sectors. More cost effective design and manufacturing solutions are sought by every computer producer, manufacturer and brand owner. K-One is not only able to provide cost effective design and manufacturing solutions but more importantly, can help customer win by delivering timely and quality

2. Consumer Electronics
In today’s lifestyle, electronics play a key role in a more conducive and comfortable living. The constant demands for consumer electronics and appliances have continuously pushed design and manufacturing parameters. K-One’s team of technologists and engineers are multi-disciplinary and have managed to bridge the lifestyle demands to design and developing electronic end products which are practical and innovative.

3. Communications
Mobile Phone Communication is one of the fastest growing business sectors in the world. The drive to be truly mobile in today’s lifestyle has placed much emphasis on new and more innovative design of mobile phone accessories. By effectively leveraging on this worldwide demand, K-One has continuously produced new design solutions and innovative products to cater for this market segment.

4. Automotive

The fast growing automotive sector is also one of the most innovative in terms of technological advancements. K-One is dedicated to meeting the industry’s needs for design, development and manufacturing needs for automotive aggregates. K-One holds the ISO/TS 16949:2009 Certification for Manufacturing of Plastic Assembly & Electronic Device for the Automotive Industry.

5. Healthcare / Medical

The healthcare and medical devices sector is another growing sector that K-One is dedicated to working together with to leverage on K-One’s expertise and experience in research, development and manufacturing of health and medical testing or monitoring devices, medical training equipment and the like.

6. eLearning

Electronics advancement allows leveraging of portable and mobile learning technologies for the education sector. Innovative tools and interactive platforms over the internet can cater to varied needs of our educators and students for flexibility, place and pace of learning. 
Together with our education partners, K-One has pioneered Innovative strategies to bring several conveniences to foreign students through a combination of classroom and online learning.

7. Smart Buildings

Industrial buildings tend to take on a rugged look if they are built merely to withstand heavy Industrial use with thick walls, high cellings and bare structures. There is a need for building developers to harness the creative and Innovative ideas of today to transform workplace into more efficient and ecologically-friendly infrastructure. 
Together with our partners, K-One is committed to identifying, designing and implementing development projects for smarter, cleaner and safer industrial buildings, featuring the best energy efficient solutions and green industrial environment strategies.


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11. LNG Resources

LNG Resources Berhad was incorporated in Malaysia as a public limited company on 5 June 2002 under the Companies Act, 1965 as an investment holding company and was officially listed on the MESDAQ Market of the Bursa Malaysia Securities Berhad on 29 July 2003.

The LNG Group is principally engaged in high precision engineering and precision injection moulding services. We specialize in providing a host of synergistic operations ranging from precision moulds, tools, dies, jigs and fixtures design, modification, fabrication, repairs and assembly to final precision injection moulding and assembly.

We design and manufacture high precision moulds, tools, dies, jigs and fixtures for various industries such as semiconductor, electrical & electronics, computers, telecommunication and automotive within the manufacturing sector. We own a comprehensive and technological advance range of CNC machinery such as Swiss made Doebeli 11-axis Profile Grinding machine, Doebeli 5-axis Profile Grinding machine, Fanuc High Speed Efficiency Machining Center, CNC EDM machine etc. These machines have a precision tolerance limit of up to ±0.001mm. In addition, for our product design and development process, we apply 3D CAD and CAM software technologies to develop designs of moulds, tools, dies, jigs and fixtures. The usage of 3D CAD and CAM softwares enables us to simulate assembly in the context of a full-scale digital mock-up.

  
CNC-Milling EDM Profile Grinding
     
   
WEDM Grinding

Our main products consist of precision connector moulds, tools, dies, jigs and fixtures essential to support the manufacturing industries such as semiconductor, electronics and electrical, computers and peripherals, telecommunications and automotive.

  
     
  
     
  

Currently, the LNG Group's products and services cover various industries such as semiconductor, electrical & electronics, computers, telecommunication and automotive within the manufacturing sector. Our valued customers include the following:

Tyco ElectronicsHirose Electric
ST MicroelectronicsFCI Connectors
National Semiconductor


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12. Microlink


We are a leader in global banking solutions. MiBS, our flagship product caters to both Conventional and Islamic Banking requirements which meet the needs and demands of today’s competitive financial landscape.

MiBS comes complete with integrated General Ledger, Loans Origination and Administration and a common customer view. It is multi-currency and has rich features and functionalities that accord financial institutions the flexibility to respond to changes in operations and business environments with a fast-to-market product innovation capability.

We have a range of complementing modules that range from the front end to the back end that includes ATM/Electronic Banking, Internet Banking, Trade Finance, Treasury, Risk Management, Branch Delivery System, Collection System, Phone Banking, Collateral Management and Cheque Management. MiBS supports both retail and corporate banking environments.

 
Our Islamic solution is developed on separate autonomous objects to facilitate a robust integrated Islamic core-banking solution which underlines the benefits of efficient handling of the complexities of Islamic profit computations and operations. Our products include also Al-Ijarah, AITAB and Ar-Rahnu. MiBS Islamic includes the deposits products of Al-Wadiah and Al-Mudharabah. The Islamic Financing module is in a class of its own, which caters to hybrid or combined contracts covering various areas of Islamic financing like Al-Musharakah, Bai’ al Dayn, Bai’ as Salam and Al-Qardhul Hassan.


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13. Mikro MSC

A company created by people passionate about the industry and driven to deliver customer value

 

We are a company at the forefront of the electrical distribution industry. We develop and manufacture equipment which performs reliably, costs less, reduces project costs and ultimately saves lives. Here you can find out about our history, some of our key people, and discover some insights into our facility and the types of technologies we use.

Quick Facts:

 

  • Mikro employs over 65 fulltime staff
  • We are ISO 9001:2008 certified, governing Quality Management Systems
  • A number of our products are KEMA certified
  • Our products are used and trusted by customers in 14 countries, covering three continents
  • All our products are exhaustively tested in-house before we deem them suitable for use
  • Unlike major competitors, 100% of our energies go into the design and manufacture of electrical distribution equipment - so we try harder

Some of the company's products :-

Combined Overcurrent and Earth Fault Relay

Mikro's combined overcurrent and earth fault protection delivers comprehensive protection schemes for medium and low voltage applications. These cost-effective protective devices include three phase IDMT elements and definite time elements for overcurrent and earth fault protection. The higher end model, MK2200 and MK2200L also includes essential features such as Modbus RTU communication; control features such as cold load pickup blocking, breaker failure, and digital input. Mikro's COCEF also offers enhanced diagnostic features such as fault data recording.

Metering


Mikro’s metering solution provides user with the choice of measurements of various parameters in the electrical system. It includes measurements such as Voltage, Frequency, Current, Power Factor, Energy (kVAh, kWh & kVARh) and Power (Apparent, Active & Reactive).

Power Factor Regulator


The power factor regulator combines comprehensive operations with user-friendly control settings. It uses numerical techniques to compute the phase difference between the fundamentals of current and voltage, enabling precise power factor measurement even in the presence of harmonics.

Capacitors & Reactors


Mikro’s capacitor operates within a cylindrical aluminium case, designed for power factor correction in low-voltage applications such as motors, transformers, generators and supply cables. The cylindrical shape improves thermal response and simplifies installation while the capacitor itself is manufactured using metallised polypropylene film as the dielectric.
Mikro’s Antiresonance Reactor functions by detuning the resonance that occurs when harmonics interact with the power factor corrector capacitor. This essential partner to the Mikro capacitor negates the resonance which could otherwise cause excessive voltage and current, leading to damage in the operational capability of the power factor capacitor.

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14. N2N Connect

N2N was incorporated in Malaysia as a private limited company on 10 August 2000 under the name of N2N Connect Sdn Bhd. It was converted to a public limited company on 29 September 2004. On 1 July 2004, N2N was awarded Multimedia Super Corridor (MSC) status by the Multimedia Development Corporation (MDC) of Malaysia.
The Company is principally involved in the R&D of software packages and provision of design, programming and consultancy services and related activities, namely:
  • Capital Market Application Services via the Application Service Provider (ASP) business model
  • Mobile-Commerce, Content and Services via Telco partnerships
  • News Content Services via partnerships with Dow Jones, The Edge and Xin Hua Financial News (XFN)
  • Web design, hosting and network management
N2N markets its core enterprise-wide integrated e-commerce securities trading solutions to local stock broking firms and banks. It also focuses on online transactions with emphasis in the capital market segments, including online stock trading and related services. Its products and services range from online trading portals within the stock broking industry, hosting and managing network services to wealth and risk management solutions and m-commerce solutions and sale of mobile devices.
The Company's entry into m-commerce adds mobility to its existing services through:
  • SMSConnect™ (Corporate SMS, News and SMS Trading),
  • MobileConnect™ (Mobile Phone and PDA Real Time Stock Price and Trading)

Financial e-Commerce solution
 
N2N provides the latest most comprehensive and reliable application in accessing global multi instrument markets information, tools and analysis. Our objective is to educate and enable investors into making sound choices when it comes to investment decisions. Solutions are delivered through multi-channels: PC, PDA and Mobile Phones and are multilingual. Through our panel of brokers, investors are also able to trade securely and instantaneously anytime anywhere.

An overview of the various products and services offered by N2N for the e-commerce market is set out below:

eBrokerConnect™                                                                      Product Snapshot 
eBrokerConnect™ is the core engine for e-broking trading solutions. This is the online internet trading solution deployed by our panel of stockbrokers to handle their online internet trading system. eBrokerConnect™ provides a comprehensive range of services and products, including live and real-time stock prices, web and client server trading system, research and news publication, remote order routing via Financial International Exchange (FIX) to external system.
The entire trading system can be viewed in both English and Chinese languages. The software also contains features allowing investors to buy and sell securities traded on Bursa Malaysia Securities (Bursa) and Singapore Exchange Securites (SGX) via orders initiated through the Internet/Intranet or bank branches. The buy or sell order by the client is routed to the remisier or dealer for execution. Clients can even preset trading orders to their remisiers or dealers and retrieve or track their order status (online or via mobile devices) to assist them in monitoring their trading activities. The software also contains a feature enabling those using this system to check their trading portfolio online which is based on real time information to assist the users in their investment decisions.
The following products are currently the subsystems of eBrokerConnect™:

(i) PortfolioConnect 
PortfolioConnect provides trading and market information such as stockportfolio, last-done price, trading history and average price, all collated on a real time basis. It further computes unrealised and realised gain/loss positions and other investment decision related information, and all displayed in a single view. Therefore, users are able to make timely and accurate decisions on each investment, whether to accumulate further or cut losses.
PortfolioConnect version 2.0 functions will be further enhanced to include house trade and external trade monitoring.

(ii) BankConnect™ 
BankConnect is to be a platform for mobile banking transactions anytime, anywhere. In the first stage of development, we have built the payment gateway connecting Bumiputra-Commerce Bank Berhad's 'Bank-Channel-e', Malayan Banking Berhad's 'Maybank2u' and Alliance Bank Berhad's 'Bank-iBayar'. BankConnect allows our panel of stock brokers to extend their services to online settlement services with their clients.

(iii) ResearchConnect™ 
ResearchConnect™ is a suite of software application which allows research analysts of banks and stockbroking houses to administer and publish news and research of companies on its website. The published material can be in the form of Adobe Portable Document Format, Microsoft Excel or Microsoft Word document format, American Standard Code for Information Interchange ("ASCII") text or even in SMS format. Published materials can be scheduled for approval or release or archived offline on a pre-determined date by the administrators.ResearchConnect™ comes complete with a search engine which allows users to search by keyword, stock code, name, industry or sector code.

GlobalConnect™ 
An extended suite of financial order routing system, GlobalConnect™, which allows cross border trading will enhance eBroker Connect, offering users multi market access with the facility to send and receive foreign order instruction.

N2N Beacon
N2N Billing Electronic Authentication Collection Online (BEACON) is an online billing, subscription, authentication and collection system.

TraderConnect™                                                                        Product Snapshot 
TraderConnect™ incorporates a powerful technical analysis toolkit and innovative trading capabilities to deliver state of the art desktop trading management system. Explore the various analysis tools and trading strategies, create charts and analyze the stock market or other investment products by testing your investment ideas and optimizing your potential returns.

Provision of ASP Products and Services to Online Stock broking Companies and Banks 
Apart from providing application outsourcing services, we also provide managed network services to our panel of stock broking companies and banks. These services include the installation, implementation, monitoring and administration of leased lines, routers, switches, firewalls, hosting of servers, patch installation and website maintenance.
N2N recognises that stock broking companies and banks are generally much more focused on information technology to meet ever rising levels of demand from customers, adopting the idea of a one-stop financial services centre, offering integrated information sources, applications and services in a central and dependable package. Hence, N2N has developed an unified and integrated system that can provide a common interface to users regardless of delivery channel and products, which provides for a link between all the delivery channels to the back office. 


m-Commerce Solutions
 
iMSL@N2N - iPhone & Android Smartphone                                 Download Now 
iMSL@N2N – iPhone & Android Smartphone is a mobile wireless application developed for equities and futures trading which operates on iOS-based iPhone devices and Android OS-based smartphone devices. It provides (amongst others) real-time streaming of market data on Bursa Malaysia and SGX to the customers' mobile devices. It enables users, who register to trade with our panel of stockbrokers, to trade in a totally mobile environment.
iMSL@N2N – iPhone & Android Smartphone operates on most major mobile networks such as GSM, GPRS, EDGE, 3G, 4G, and Wifi. Users are able to view real-time market data, view all holding and outstanding positions, track stocks, initiate orders through the respective telecommunication modes and view historical charts for trend lines analysis at cost effective rates.

MobileStockLive™ - PDA                                                           Product Snapshot 
MobileStockLive™ - PDA is a mobile wireless application developed for equity trading. It enables dealers, remisiers and investors to transact online live using PDA. Investors, who register to trade with our panel of stock brokers, are able to view real-time stock information, news information, submit their trading orders to their remisiers or dealers, view their order status and check their trading portfolio online through their PDAs. This application operates on WiFi, GPRS and GSM networks nationwide.
In July 2003, MobileStockLive™ - PDA was the first PDA mobile trading system launched in the South East Asian region. It enables wireless stock trading convenience of handheld devices in addition to streaming real-time stock and trading related information. Handheld devices have gained popularity by providing anytime-anywhere convenient ways to access information and to communicate.

MobileStockLive™ - Phone 
MobileStockLive™ - Phone is a mobile wireless application developed for equities trading which operates on Java-based mobile phones. It provides (amongst others) real-time streaming of stock prices on Bursa Malaysia and SGX to the customers' mobile phones in both English and Chinese. It enables users, who register to trade with our panel of stockbrokers, to trade in a totally mobile environment. MobileStockLie™ - Phone operates on most major mobile networks such as GSM, GPRS, EDGE, 3G and WiFi. Users are able to view real-time stock information, view all holding and outstanding positions, track stocks, initiate orders through the respective telecommunication modes and view historical charts for trend lines analysis at cost effective rates.

SMSConnect™ 
SMSConnect™ is a software application developed to provide on-line stock trading information and to facilitate trading related transactions via SMS. SMSConnect™ can operate on a stand-alone basis or within eBrokerConnect™ . It is user-friendly and can be viewed in English or Chinese.
On a stand-alone basis, SMSConnect™ offers corporations and organisations an affordable means of information-dissemination and communication to the mass public or certain identified persons. When used within the eBrokerConnect™ context, SMSConnect™contains applications which allow (amongst others) stock alerts to be sent to customers whose preset thresholds have been triggered and stock prices and news to be sent by telecommunication providers and/or our panel stockbrokers.

DecisionConnect™ 
DecisionConnect™ is an intelligent message routing engine, with direct connection to several other supporting systems like back-office system, broker front-end (BFE) trading system and internet trading engine. DecisionConnect™ is based on input sources, market information and predetermined thresholds set by the users to act upon by sending out alert messages at the appropriate level within the organisation.
DecisionConnect™ caters to the broad spectrum of equity trading risk management. It is comprehensive, functional and can be integrated with BFE, online trading system and back office system to measure, control and manage the stockbrokers' business risks efficiently.


LifeStyles
 
EMO Messenger                                                                         Product Snapshot 
EMO Messenger brings your usual Desktop Messenger to your mobile phone and PDA giving you total mobility. You can use it interchangeably between mobile phone and desktop. Create buddy lists and chat with your friends, no matter what mobile network they are with. With EMO Messenger you will always see whose connected and messaging them is even easier than SMS.
In line with latest worldwide trends, N2N is the first and only company in Malaysia to develop a Mobile Chat (emo) application that can be used through mobile handsets and desktops! emo adds a new dimension to the current communication channels of the telephone, mobile phone, SMS, Internet, etc.
emo allows instant chatting much like the current features of MSN and Yahoo! on PC, however emo has been developed entirely around the mobile handset and lifestyle characteristics. N2N, in creating a new lifestyle application in Malaysia, believes that emo will change the way not only Malaysians, but also the world, communicate. emo enables users to chat instantly anywhere and anytime.
With a Java-enabled (MIDP 2.0) mobile phone and GPRS, users will be connected to the world with just a click. Cost wise, for less than RM0.015 per kilobytes (approximately 1000 characters), users will be able to enjoy chatting locally and globally at very cost effective rates.

GETEMO CSR
EMO CSR is a form of customer service chat via desktop and website. Your clients will be able to communicate with your Customer Service Representative Agent by logging on to your corporate website to establish chatting session, with regards to their locations and time. EMO CSR will change your interactions manner with your clients and we believe this channel enables your ability to reach out to the market instantly.
EMO CSR will present the following:
  • Cost effective, and mobility instant communication between your organization and your client
  • GETEMO- CSR serves as an alternative channel for customers to contact your customer service department
  • GETEMO- CSR as support to manage your organization's customer relationships in an organized way
  • Your CSR agent will be able to handle complaints professionally and smoothly toincrease customer loyalty and retention


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15. Nexgram

Nextnation Communciation Bhd (Nextnation) is an investment holding company with special focus on telecommunication software research and development, investment, and technology advisory services. Nextnation Network, the subsidiary of Nextnation Communication, is the leading end-to-end mobile multimedia Application Services Provider (ASP) that provides one-stop mobile and wireless solutions to telecommunication companies, corporate and consumer markets. Connected to leading mobile operators in the region, its proprietary MINDCEP™ platform supports thousands of developers and distributors around the world. 

The principal business activities include the provision of a multimedia application platform that enables software, application and content owners, service providers, and aggregators to develop, package, and market their software, applications and services to the mobile subscribers. Other support activities include application and enterprise solution development, client managed services which includes marketing, branding, technical support and management advisory, as well as customer relationship and support.

SMSJET
SMSJET™ provides multiple channel wireless messaging services using SMS, MMS and Wap push technology, and end-to-end reverse billing (micro billing) services using reverse charge SMS, manages larges amounts of high-quality mobile content and can deliver text & content using multiple gateways providing high value for money, reliable services and great revenue streams for all levels of business from small home enterprises to global leaders.

Depends on your needs, both mMessenger and mDeveloper could be customized with the following features:


Bulk SMS Gateway 
Send bulk SMS with our cost-effective SMS gateway

Reverse Charge SMS 
Charge customers with reverse charge SMS

SMS Application API 
SMS contest, competition, voting, survey and system integrations

Mobile Content 
Licensed mobile content: ringtones, games, images, movie clips, etc

Premium Rate Numbers 
International premium rate telephone & IVR


For more information, visit: smsjet.com

Sohomobile
The Sohomobile™ Developer Module is a Content Development and Content Management system licensed to resellers, corporate and enterprise user. Sohomobile™ is a completely plug-and-play developer module where the software developer can simply customized their own preferred features, multimedia information, tools, and functions of the Sohomobile system and sell immediately.
For more information, visit: sohomobile.com
 
 
 
mCommerce-Suit
mCommerce-Suit is an application module tailored towards the corporate and enterprise sectors through application and software developers. It enables corporate applications such as SAP, Oracle and other third party business solutions to be accessed through a dynamic third party controller. The module allows for integration with the corporate backend systems.
The mCommerce-Suit can generate mobile and wireless applications in the following application areas:-
 
ApplicationFunction and usage
mAlertProvides entry and inquiry of time reporting, online reservations and/or status query such as check for bank transaction clearance, cheque clearance, bank balance and ticket reservation.
mCRM 
(Mobile Customer Relationship Management)
Provides real-time minute reviews and updates of client information, opportunities, products, and contact information. Also allows user to access customer database to analyse customer-buying pattern through mobile Internet. 
mERP 
(Mobile Enterprise Resource Planning)
Provides real-time access to resource management such as procurement, financials and supply chain. Able to integrate with existing Enterprise Resource Planning/Material Resource Planning system to provide real time data and information, such as the outstanding goods and readiness of goods within stipulated time.
mLogisticsProvides instant access and updates for warehousing, inventory, field service, transport and delivery information as well as tracking of information on couriered documents, parcel, lost vehicle, child and items through mobile network.