Asia's Leading Online Property Group, PropertyGuru

Bjorn Sprengers

Asia's Leading Online Property Group

PropertyGuru

PropertyGuru Pte Ltd owns and operates a real estate property information website. The Company offers facilities to search for condominiums, apartments, Housing and Development Board (HDB) flats, serviced apartments, houses, and commercial properties to rent and buy in Singapore.

Thematic (Sector/Industry)

While the popular view remains that Iskandar's development is largely being driven by investments from Singapore households into the residential market, however, the actual dynamics are quite different.&nbsp;Over 60% of the cumulative investments have been from Malaysia while residential property makes up only 24% of the total investments.&nbsp;Thus, waning demand for residential assets is unlikely to derail the Iskandar express.

While the popular view remains that Iskandar's development is largely being driven by investments from Singapore households into the residential market, however, the actual dynamics are quite different.&nbsp;Over 60% of the cumulative investments have been from Malaysia while residential property makes up only 24% of the total investments.&nbsp;Thus, waning demand for residential assets is unlikely to derail the Iskandar express.

Can Iskandar Malaysia succeed without Singapore?

Malaysia&rsquo;s government recently rolled out the new Goods &amp; Services Tax (GST) on 1 April 2015. But many people are still unsure as to its full impact on the country&rsquo;s property market, especially the housing sector.To help prospective buyers, PropertyGuru Malaysia has compared the new tax regime with the old one to give consumers an idea of its potential effects.

Malaysia&rsquo;s government recently rolled out the new Goods &amp; Services Tax (GST) on 1 April 2015. But many people are still unsure as to its full impact on the country&rsquo;s property market, especially the housing sector.To help prospective buyers, PropertyGuru Malaysia has compared the new tax regime with the old one to give consumers an idea of its potential effects.

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

Sunway Healthcare Holdings / Event-Driven

<ul>
<li>After a huge jump in its stock price on listing day, <a href="https://www.smartkarma.com/entities/sunway-healthcare" target="_blank" data-smartkarma-citation="entities:45839:1" rel="noopener">Sunway Healthcare</a> will be added to the <a href="https://www.smartkarma.com/entities/kuala-lumpur-composite-index" target="_blank" data-smartkarma-citation="entities:22913:1" rel="noopener">Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)</a> next week.</li>
<li>There will be also inflows to the stock from passive trackers of one global index. That should provide some support for the stock.</li>
<li>Active managers in Malaysia use the <a href="https://www.smartkarma.com/entities/kuala-lumpur-composite-index" target="_blank" data-smartkarma-citation="entities:22913:1" rel="noopener">Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)</a> as a benchmark and there will be buying in <a href="https://www.smartkarma.com/entities/sunway-healthcare" target="_blank" data-smartkarma-citation="entities:45839:1" rel="noopener">Sunway Healthcare</a> from those funds too.</li>
</ul>


After a huge jump in its stock price on listing day, Sunway Healthcare will be added to the Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX) next week.
There will be also inflows to the stock from passive trackers of one global index. That should provide some support for the stock.
Active managers in Malaysia use the Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX) as a benchmark and there will be buying in Sunway Healthcare from those funds too.


<ul>
<li>
<a href="https://www.smartkarma.com/entities/sunway-healthcare" target="_blank" data-smartkarma-citation="entities:45839:1" rel="noopener">Sunway Healthcare</a> is looking to raise MYR 2.86bn (US$734m) in its IPO, valuing the company at MYR 16.7bn (US$4.3bn). There is a big allocation to cornerstone investors.</li>
<li>
<a href="https://www.smartkarma.com/entities/sunway-healthcare" target="_blank" data-smartkarma-citation="entities:45839:1" rel="noopener">Sunway Healthcare</a> should be added to the small cap segment of the global indices with one inclusion in August and the other in September.</li>
<li>
<a href="https://www.smartkarma.com/entities/sunway-healthcare" target="_blank" data-smartkarma-citation="entities:45839:1" rel="noopener">Sunway Healthcare</a> will not get Fast Entry to the <a href="https://www.smartkarma.com/entities/kuala-lumpur-composite-index" target="_blank" data-smartkarma-citation="entities:22913:1" rel="noopener">Kuala Lumpur Composite Index (KLCI)</a> and will need to move a lot higher to get inclusion at the June review.</li>
</ul>



Sunway Healthcare is looking to raise MYR 2.86bn (US$734m) in its IPO, valuing the company at MYR 16.7bn (US$4.3bn). There is a big allocation to cornerstone investors.

Sunway Healthcare should be added to the small cap segment of the global indices with one inclusion in August and the other in September.

Sunway Healthcare will not get Fast Entry to the Kuala Lumpur Composite Index (KLCI) and will need to move a lot higher to get inclusion at the June review.


Sunway Healthcare IPO: Global Index Inclusion in Aug/Sep; KLCI Missing

External broker reports(aggregated public sources), RHB Invest

RHB Invest

External broker reports(aggregated public sources)

RHB Investment Bank is one of the leading capital market players in Malaysia. Supported by an award-winning research team of experienced product specialists, RHB Group Investment Banking offers a full range of investment banking products and services covering primary markets, such as advisory (corporate & debt restructuring, mergers and acquisitions, takeovers), fundraising via both equity and debt instruments, and secondary markets including securities trading for both institutional and retail clients. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Technical Analysis

Kuala Lumpur Composite Index (KLCI) / Technical Analysis

Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)

<ul><li>Retain the short position. The FKLI extended its sideways drift on Thursday, slipping 4 pts to close at 1,518 pts as the bearish pressure re-emerged.</li><li>The index opened at 1,523 pts and briefly hit a session’s high of 1,523.50 pts before retreating to the intraday low of 1,515.50 pts.</li><li>It ended with a bearish candlestick, indicating fading bullish momentum. </li></ul>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Retain the short position. The FKLI extended its sideways drift on Thursday, slipping 4 pts to close at 1,518 pts as the bearish pressure re-emerged.The index opened at 1,523 pts and briefly hit a session’s high of 1,523.50 pts before retreating to the intraday low of 1,515.50 pts.It ended with a bearish candlestick, indicating fading bullish momentum. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FKLI & FCPO: Resorting To Sideways Movement - 13 June 2025

Malaysia

The FTSE Bursa Malaysia KLCI Index comprises of the largest 30 companies by full market capitalization on Bursa Malaysia's Main Board. When launched, on July 6, 2009 it replaced the Bursa Malaysia KLCI Index starting at the closing value of the KLCI Index on July 3 2009, also inheriting the full history of the KLCI Index.

Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)

Can Iskandar Malaysia succeed without Singapore?

While the popular view remains that Iskandar's development is largely being driven by investments from Singapore households into the residential...

PropertyGuru

How will GST impact Malaysia property?

Malaysia’s government recently rolled out the new Goods & Services Tax (GST) on 1 April 2015. But many people are still unsure as to its full...

PropertyGuru

Sunway Healthcare: Index Flows Next Week

Sunway Healthcare closed up 27.6% on listing day. That will result in KLCI inclusion next week along with inflows from passive trackers of a global...

Brian Freitas

Sunway Healthcare IPO: Global Index Inclusion in Aug/Sep; KLCI Missing

Sunway Healthcare is looking to raise MYR2.86bn (US$734m) in its IPO, valuing the company at MYR16.7bn (US$4.3bn). Global index inclusions expected...

Brian Freitas

FKLI & FCPO: Resorting To Sideways Movement - 13 June 2025

Retain the short position. The FKLI extended its sideways drift on Thursday, slipping 4 pts to close at 1,518 pts as the bearish pressure re-emerged.

RHB Invest