Asian Hedge Fund Manager, Long Short Equity, Macro

David Mudd

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/first-pacific-co-ltd" target="_blank" data-smartkarma-citation="entities:173:1" rel="noopener">First Pacific Co (142 HK)</a> is a Southeast Asian conglomerate that has been handicapped by its listing in the Hong Kong market over the last several years.</li>
<li>As Southeast Asian markets (Indonesia and Philippines) begin to re-rate on the back of a more accommodating Fed policy, First Pacific is beginning to participate in the uptrend.</li>
<li>Metro Pacific Investments Corp (MPIC), the second largest piece of the company's NAV has been active in acquiring more infrastructure assets since being privatized last year.</li>
</ul>



First Pacific Co (142 HK) is a Southeast Asian conglomerate that has been handicapped by its listing in the Hong Kong market over the last several years.
As Southeast Asian markets (Indonesia and Philippines) begin to re-rate on the back of a more accommodating Fed policy, First Pacific is beginning to participate in the uptrend.
Metro Pacific Investments Corp (MPIC), the second largest piece of the company's NAV has been active in acquiring more infrastructure assets since being privatized last year.


BUY: First Pacific Company (142 HK): Right Stock Trapped in the Wrong Market

CEO / Founder, Crea8

Kim-Hwa Lim

CEO / Founder

Make an Impact

Crea8

Crea8 blends AI-driven precision, big data scalability, and rigorous quantitative frameworks with seasoned human insight. By extracting actionable intelligence from vast global datasets, we eliminate emotional bias and deliver optimal risk-adjusted returns. Our hybrid approach uncovers hidden market efficiencies and ensures your capital is dynamically positioned across markets.

Cross Asset Strategy

<ul><li>The strategy seeks to invest in large, liquid and Shariah compliant companies in Malaysia.</li><li>These stocks have more analyst coverage and can be traded easier with lower price impact.</li><li>By adopting a portfolio of stocks instead of individual stocks, the strategy is diversified across industries; and optimised with respect to their expected risks and returns.</li></ul>

The strategy seeks to invest in large, liquid and Shariah compliant companies in Malaysia.These stocks have more analyst coverage and can be traded easier with lower price impact.By adopting a portfolio of stocks instead of individual stocks, the strategy is diversified across industries; and optimised with respect to their expected risks and returns.

Malaysia Large Cap (Shariah) Portfolio (18-Aug-2026)

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

Shenton Research

Shenton Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Oct 9th. The aggregated short interest is USD1,390m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in CIMB, Press Metal, Gamuda, AMMB, Pentamaster.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Oct 9th. The aggregated short interest is USD1,390m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in CIMB, Press Metal, Gamuda, AMMB, Pentamaster.


Bursa Short Interest Weekly (Oct 9th): CIMB, Press Metal, Gamuda, AMMB, Pentamaster

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Oct 2nd. The aggregated short interest is USD1,438m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Nestle (Malaysia), YTL Power International, IJM, Inari Amertron, Frontken.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Oct 2nd. The aggregated short interest is USD1,438m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Nestle (Malaysia), YTL Power International, IJM, Inari Amertron, Frontken.


Bursa Short Interest Weekly (Oct 2nd): Nestle (Malaysia), YTL Power International, IJM, Frontken

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Sep 25th. The aggregated short interest is USD1,514m.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in CIMB, Guan Chong, Frontken, AMMB, TIME Dotcom.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Sep 25th. The aggregated short interest is USD1,514m.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in CIMB, Guan Chong, Frontken, AMMB, TIME Dotcom.


Bursa Short Interest Weekly (Sep 25th): CIMB, Guan Chong, Frontken, AMMB, TIME Dotcom

Malaysia

CelcomDigi Berhad is a mobile network operator. The Company offers Internet and wireless telecommunication products and services through the global system for mobile telecommunications (GSM) network. CelcomDigi serves customers in Malaysia.

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CelcomDigi (CDB MK)

BUY: First Pacific Company (142 HK): Right Stock Trapped in the Wrong Market

Since our insight on 1st Pac last Sept., the stock has gained 33%. Company had solid 2024 results. MPIC, the undervalued Phil./Indonesia...

David Mudd

Malaysia Large Cap (Shariah) Portfolio (18-Aug-2026)

The strategy seeks to invest in large, liquid and Shariah compliant companies in Malaysia. These stocks have more analyst coverage and can be...

Crea8

Bursa Short Interest Weekly (Oct 9th): CIMB, Press Metal, Gamuda, AMMB, Pentamaster

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in CIMB, Press Metal, Gamuda, AMMB,...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Oct 2nd): Nestle (Malaysia), YTL Power International, IJM, Frontken

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Nestle (Malaysia), YTL Power...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Sep 25th): CIMB, Guan Chong, Frontken, AMMB, TIME Dotcom

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in CIMB, Guan Chong, Frontken, AMMB, TIME...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)