KEY HIGHLIGHTS

Strategy – Malaysia
Alpha Picks: Keeping Faith In Event Catalysts
May 21’s alpha picks portfolio underperformed the FBMKLCI, dragged by Scomnet; Jun 21 picks: HAPL, Inari, Mr DIY, Press Metal and Yinson.

Company Update
Hap Seng Plantations (HAPL MK/BUY/RM1.90/Target: RM2.45)
Robust earnings ahead; Apr 21 ASP was at RM4,200/tonne.

TRADERS’ CORNER
Revenue Group (REVENUE MK): Technical BUY
Mynews Holdings (MNHB MK): Technical BUY