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 and liquid 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 and liquid 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 Portfolio (14-Sep-2026)

Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

Chief Economist & Political Strategist

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Macroeconomics

<ul>
<li>FX reserves, which had declined over 10% from Mar'22 to Oct'22, rebounded by 8.9% in Nov-Dec'22. Anwar's inclusive policies will likely induce a steady rebound in net capital inflows. </li>
<li>Base effects have facilitated 9.3%YoY real GDP growth in Q1-Q3 2022 led by strong private consumption and net exports; better growth cut the fiscal deficit to 4% of GDP YTD.    </li>
<li>Net foreign portfolio outflows averaged 1.75% of GDP since 2013. As FPI rebounds, and non-bumiputera businesses invest anew, Malaysia's real GDP will grow 6% despite the OECD recession in 2023.</li>
</ul>


FX reserves, which had declined over 10% from Mar'22 to Oct'22, rebounded by 8.9% in Nov-Dec'22. Anwar's inclusive policies will likely induce a steady rebound in net capital inflows. 
Base effects have facilitated 9.3%YoY real GDP growth in Q1-Q3 2022 led by strong private consumption and net exports; better growth cut the fiscal deficit to 4% of GDP YTD.    
Net foreign portfolio outflows averaged 1.75% of GDP since 2013. As FPI rebounds, and non-bumiputera businesses invest anew, Malaysia's real GDP will grow 6% despite the OECD recession in 2023.


Malaysia: Anwar Well-Positioned to Spur Economic Recovery as Capital Flows Back

APAC IPOs & Placements, Aequitas Research

Akshat Shah

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>Founders, Teh Holdings (via LPI Capital and Lonpac Insurance) are looking to sell around a 1.1% stake in <a href="https://www.smartkarma.com/entities/public-bank-berhad" target="_blank" data-smartkarma-citation="entities:583:1" rel="noopener">Public Bank (PBK MK)</a> to raise upto US$264m via a secondary selldown.</li>
<li>Public Bank BHD is one of Malaysia’s largest retail-focused banking groups, providing consumer, SME, commercial, Islamic, investment banking, asset management and insurance services across Malaysia and selected ASEAN markets.</li>
<li>In this note we talk about the deal dynamics and run the deal through our ECM framework.</li>
</ul>


Founders, Teh Holdings (via LPI Capital and Lonpac Insurance) are looking to sell around a 1.1% stake in Public Bank (PBK MK) to raise upto US$264m via a secondary selldown.
Public Bank BHD is one of Malaysia’s largest retail-focused banking groups, providing consumer, SME, commercial, Islamic, investment banking, asset management and insurance services across Malaysia and selected ASEAN markets.
In this note we talk about the deal dynamics and run the deal through our ECM framework.


Aequitas: Public Bank BHD Placement - Another Selldown by Founders Amid Mixed Earnings Momentum

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

<ul>
<li>In <a href="https://skr.ma/wJByr" target="_blank" rel="noopener">Public Financial (626 HK) Halted: Public Bank (PBK MK) Takeover Expected</a>, I speculated <a href="https://www.smartkarma.com/entities/public-bank-berhad" target="_blank" data-smartkarma-citation="entities:583:1" rel="noopener">Public Bank (PBK MK)</a> may make a HK$2.50/share Scheme Offer for 73.23%-held  <a href="https://www.smartkarma.com/entities/public-financial-holdings-limited" target="_blank" data-smartkarma-citation="entities:9760:1" rel="noopener">Public Financial (626 HK)</a>.</li>
<li>And that is what unfolded. It's a 61.29% premium to last close. The Offer price is final. Dividends will be netted.</li>
<li>I don't see why this transaction cannot be fast-tracked in say, four months, well ahead of the 31st March 2027 long-stop.</li>
</ul>


In Public Financial (626 HK) Halted: Public Bank (PBK MK) Takeover Expected, I speculated Public Bank (PBK MK) may make a HK$2.50/share Scheme Offer for 73.23%-held  Public Financial (626 HK).
And that is what unfolded. It's a 61.29% premium to last close. The Offer price is final. Dividends will be netted.
I don't see why this transaction cannot be fast-tracked in say, four months, well ahead of the 31st March 2027 long-stop.


Public Financial (626 HK): HK$2.50/Share Will Get This Offer Over The Line

<ul><li>The strategy seeks to invest in large and liquid 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>

Malaysia Large Cap Portfolio (18-Aug-2026)

Malaysia

Public Bank Berhad provides a range of banking and financial services which include leasing and factoring, stock and futures broking, financing for the purchase of licensed public vehicles, and other financial services. The Group's overseas operations include branches in Hong Kong, Sri Lanka, Laos, Cambodia, and Vietnam.

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Public Bank (PBK MK)

Malaysia Large Cap Portfolio (14-Sep-2026)

The strategy seeks to invest in large and liquid companies in Malaysia. These stocks have more analyst coverage and can be traded easier with...

Crea8

Malaysia: Anwar Well-Positioned to Spur Economic Recovery as Capital Flows Back

FX reserves & MYR have rebounded since Anwar became PM. Non-bumi businesses which were investing outside Malaysia since 2000 are set to return,...

Prasenjit K. Basu

Aequitas: Public Bank BHD Placement - Another Selldown by Founders Amid Mixed Earnings Momentum

Founders, Teh Holdings (via LPI Capital and Lonpac Insurance) are looking to sell around a 1.1% stake in Public Bank BHD (PBK.MK) to raise up to...

Akshat Shah

Malaysia Large Cap Portfolio (18-Aug-2026)

The strategy seeks to invest in large and liquid companies in Malaysia. These stocks have more analyst coverage and can be traded easier with...

Crea8

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Malaysia Large Cap Portfolio (14-Sep-2026)

The strategy seeks to invest in large and liquid companies in Malaysia. These stocks have more analyst coverage and can be traded easier with...

Crea8

Malaysia: Anwar Well-Positioned to Spur Economic Recovery as Capital Flows Back

FX reserves & MYR have rebounded since Anwar became PM. Non-bumi businesses which were investing outside Malaysia since 2000 are set to return,...

Prasenjit K. Basu

Aequitas: Public Bank BHD Placement - Another Selldown by Founders Amid Mixed Earnings Momentum

Founders, Teh Holdings (via LPI Capital and Lonpac Insurance) are looking to sell around a 1.1% stake in Public Bank BHD (PBK.MK) to raise up to...

Akshat Shah

Public Financial (626 HK): HK$2.50/Share Will Get This Offer Over The Line

This is done, and will trade tighter than other Schemes. I'd buy up to ~HK$2.40/share, for a 4.2%/13% gross/annualised return, assuming a four...

David Blennerhassett

Malaysia Large Cap Portfolio (18-Aug-2026)

The strategy seeks to invest in large and liquid companies in Malaysia. These stocks have more analyst coverage and can be traded easier with...

Crea8