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

DZT Research

DZT 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 Jan 16th. The aggregated short interest is USD488m.</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 VS Industry, Datasonic, Greatech Technology, UEM Sunrise, Genting Malaysia.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jan 16th. The aggregated short interest is USD488m.
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 VS Industry, Datasonic, Greatech Technology, UEM Sunrise, Genting Malaysia.


Bursa Short Interest Weekly (Jan 16th): VS Industry, Datasonic, Greatech Technology, UEM Sunrise

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Jan 9th. The aggregated short interest is USD478m.</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 IJM, YTL, Inari Amertron, SNS, Datasonic.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jan 9th. The aggregated short interest is USD478m.
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 IJM, YTL, Inari Amertron, SNS, Datasonic.


Bursa Short Interest Weekly (Jan 9th): IJM, YTL, Inari Amertron, SNS, Datasonic

<ul>
<li>We analyzed the changes in short interest of Bursa stocks as of Jan 2nd. The aggregated short interest is USD475m.</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 Datasonic, Genting Malaysia, Pavilion Real Estate Inv Trust, Gamuda, Guan Chong.</li>
</ul>


We analyzed the changes in short interest of Bursa stocks as of Jan 2nd. The aggregated short interest is USD475m.
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 Datasonic, Genting Malaysia, Pavilion Real Estate Inv Trust, Gamuda, Guan Chong.


Bursa Short Interest Weekly (Jan 2nd): Datasonic, Genting Malaysia, Pavilion Real Estate Inv Trust

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>For December 2025, 5 new transactions (firm and non-binding) were discussed on Smartkarma (by the Quiddity team) with an overall announced deal size of just ~US$3bn.</li>
<li>The average premium for the new transactions announced (or first discussed) in December was ~87%, with a year-to-date average of ~49%.</li>
<li>The average premiums for transactions in 2024 (124 transactions), 2023 (114), 2022 (104), 2021 (143), 2020 (133), and 2019 (110) were 43%, 39%, 41%, 33%, 31%, and 31%.</li>
</ul>


For December 2025, 5 new transactions (firm and non-binding) were discussed on Smartkarma (by the Quiddity team) with an overall announced deal size of just ~US$3bn.
The average premium for the new transactions announced (or first discussed) in December was ~87%, with a year-to-date average of ~49%.
The average premiums for transactions in 2024 (124 transactions), 2023 (114), 2022 (104), 2021 (143), 2020 (133), and 2019 (110) were 43%, 39%, 41%, 33%, 31%, and 31%.


(Mostly) Asia M&A, Dec 2025 Wrap: ANE Cayman, Mandom, Predictive Discovery, Hogy Medical

<ul>
<li>Late Friday (28th November), general building contractor <a href="https://www.smartkarma.com/entities/low-keng-huat-singapore-ltd" target="_blank" data-smartkarma-citation="entities:1928:1" rel="noopener">Low Keng Huat Singapore (LKH SP)</a> ("LKH") announced a voluntary conditional Offer from Dato' Marco Low Peng Kiat, LKH's controlling shareholder (54.13%).</li>
<li>Low is offering S$0.72/share, a so-so 17.1% premium to undisturbed, but a decade-high price. Plus the share price is up 104% YTD. Recent results (to 31st July) were also underwhelming.</li>
<li>The Offer has a 90% acceptance hurdle condition. Low does not intend to maintain listing. The price hasn't been declared final, possibly leading to a bump in the home stretch. </li>
</ul>


Late Friday (28th November), general building contractor Low Keng Huat Singapore (LKH SP) ("LKH") announced a voluntary conditional Offer from Dato' Marco Low Peng Kiat, LKH's controlling shareholder (54.13%).
Low is offering S$0.72/share, a so-so 17.1% premium to undisturbed, but a decade-high price. Plus the share price is up 104% YTD. Recent results (to 31st July) were also underwhelming.
The Offer has a 90% acceptance hurdle condition. Low does not intend to maintain listing. The price hasn't been declared final, possibly leading to a bump in the home stretch. 


Malaysia

Genting Malaysia Berhad operates a tourist resort in Genting Highlands which includes hotels, restaurants, casinos, and recreational and amusement facilities. Through its subsidiaries, the Company also develops and leases property, operates leisure and hospitality services, and provides time share ownership scheme.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Genting Malaysia (GENM MK)

Bursa Short Interest Weekly (Jan 16th): VS Industry, Datasonic, Greatech Technology, UEM Sunrise

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in VS Industry, Datasonic, Greatech...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Jan 2nd): Datasonic, Genting Malaysia, Pavilion Real Estate Inv Trust

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Datasonic, Genting Malaysia, Pavilion...

Ke Yan, CFA, FRM

(Mostly) Asia M&A, Dec 2025 Wrap: ANE Cayman, Mandom, Predictive Discovery, Hogy Medical

For the month of Dec, 5 new deals were discussed on Smartkarma with an overall deal size of just ~US$3bn. The average premium for the new deals...

David Blennerhassett

Low Keng Huat (LKH SP)'s Clean MBO

The Circ is now out. The IFA (in its 36 page report beginning on page 32 of the PDF) says "not fair but reasonable". The first close is the 14th...

David Blennerhassett

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Bursa Short Interest Weekly (Jan 16th): VS Industry, Datasonic, Greatech Technology, UEM Sunrise

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in VS Industry, Datasonic, Greatech...

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Jan 9th): IJM, YTL, Inari Amertron, SNS, Datasonic

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in IJM, YTL, Inari Amertron, SNS, Datasonic.

Ke Yan, CFA, FRM

Bursa Short Interest Weekly (Jan 2nd): Datasonic, Genting Malaysia, Pavilion Real Estate Inv Trust

We analyzed Bursa Malaysia short interest report for the past week and highlighted short interest changes in Datasonic, Genting Malaysia, Pavilion...

Ke Yan, CFA, FRM

(Mostly) Asia M&A, Dec 2025 Wrap: ANE Cayman, Mandom, Predictive Discovery, Hogy Medical

For the month of Dec, 5 new deals were discussed on Smartkarma with an overall deal size of just ~US$3bn. The average premium for the new deals...

David Blennerhassett

Low Keng Huat (LKH SP)'s Clean MBO

The Circ is now out. The IFA (in its 36 page report beginning on page 32 of the PDF) says "not fair but reasonable". The first close is the 14th...

David Blennerhassett