Mui Properties Berhad

Titan Trading Notes For Tuesday [1/10/2024]:

$KLCI retraced briefly back towards the 1648 points region with an overall mixed market sentiment as we still saw over 650 counters closing red for the day. Daily trading volume remained average around the 4 billion mark, which is decent.

Main stocks that showed strong buying momentum would be the likes of SINARAN, MUIPROP, BAHVEST, and 99SMART. All of which were able to sustain their rallies throughout the day on the top volumes list despite the mixed market sentiment.

CAPITALA since breaking out from its RM 0.95 major resistance levels, had been able to breakout all the way towards the RM 1.01 regions with huge volume and buying momentum today despite the mixed market sentiment.

For now still facing some selling pressure around the RM 1+ regions here but as long as able to hold above its RM 0.975 immediate support levels, could continue on towards and beyond the RM 1++ regions soon for a bullish continuation pattern.

Will be monitoring CAPITALA closely.

$MUIPROP / 3913 (MUI PROPERTIES BERHAD) after consolidating over the past 2 months with RM 0.465+ as the main resistance levels and today, was able to breakout huge all the way towards the RM 0.51 regions with good volume and buying momentum here.

For now although facing strong selling pressure around the RM 0.50+ regions, as long as able to sustain above its RM 0.45+ immediate support levels, could continue on towards and beyond the RM 0.50++ regions for an uptrend soon.

Will be monitoring MUIPROP closely here as something big seems to be brewing.

Titan Trading Notes For Friday [23/8/2024]:

$KLSE-KLCI had a decent rebound back towards the 1641 points region, but our market sentiment remains in a bearish mode as we still had over 600 counters closing red for the day. Daily trading volume settled around the 3.7 billion mark, mainly dominated by selling activities.

Main stocks that showed strong buying momentum today would be the likes of ELRIDGE, YTLPOWR, MYEG, YTL, SIMEPROP, ARMADA, TOPGLOV, MUIPROP, and CAPITALA. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$YTLPOWR / 6742 (YTL POWER INTERNATIONAL BHD) without a doubt was the star performer today was it was able to gap up and rally all the way towards the RM 4.20+ regions today with huge volume and buying momentum despite the weak market sentiment.

This came after its announcement of over 1 Billion Ringgit in profit in its latest quarter report. For now looking quite good here and as long as able to sustain the buying momentum, could breakout back towards the RM 4.50+ regions soon in the coming weeks.

Will be monitoring YTLPOWR closely here.

$MUIPROP / 3913 (MUI PROPERTIES BERHAD) since breaking out from its RM 0.30+ major resistance levels, had been trending upwards over the past few weeks here, even breaking out towards the RM 0.48 regions today with huge volume and buying momentum today.

So far looking quite bullish here and as long as able to hold above its RM 0.42 immediate support levels, could continue on towards and beyond the RM 0.48+ regions for an uptrend continuation pattern,

Will be monitoring MUIPROP closely here to see how far it can go.

GOHUB since breaking out towards the RM 1.30+ regions, had been retracing over the past week here back towards the RM 1.15+ main support levels today on the hourly charts.

For now able to hold above the support region quite well as it was able to rebound back towards the RM 1.20 regions. As long as able to sustain, could continue to trend back up towards the RM 1.30+ regions soon in the coming weeks.

Will be monitoring GOHUB closely here.

$MUIPROP / 3913 (MUI PROPERTIES BERHAD)
MUI Properties says unaware of unusual trading in its shares:
-Share Price Surge: MUI Properties’ share price surged by as much as 11.5 sen or 46% to a high of 36.5 sen, marking a near four-year high.
-No Corporate Development: MUI Properties stated that it is not aware of any corporate development, rumor, or report that could explain the unusual trading activity.

The significant increase in MUI Properties’ share price and trading volume without any apparent corporate development or market rumors suggests speculative trading or market manipulation. This could be driven by investor speculation or unfounded rumors
The recent announcement of selling 53 acres of land for RM80.8 million is a positive development, potentially strengthening the company's cash position. However, this alone does not seem to justify the drastic increase in share price and volume.
MUI Properties reported a net loss for 9MFY2024, which typically would not lead to such a positive market reaction. Investors should be cautious and consider the company's overall financial health.

Titan Trading Notes For Tuesday [30/7/2024]:

$KLSE-KLCI had a good breakout back towards the 1624 points region with an overall positive market sentiment today after the bloodbath from last week due to US market corrections. Daily trading volume remains healthy around the 4.2 billion mark, which is pretty decent here.

Main stocks that showed strong buying momentum would be the likes of VELOCITY, MUIIND, MUIPROP, DNEX, ECOWLD, JCY, SIMEPROP, WCT, CAPITALA, HOHUP, IJM, SUNWAY, and CIMB. All of which were able to sustain their rallies throughout the day on the top volumes list.

$MUIPROP / 3913 (MUI PROPERTIES BERHAD) was definitely the star performer for the day as it broke out all the way towards the RM 0.365 regions with huge volume and buying momentum after consolidating over the past few years with RM 0.25+ as the main resistance.

For now looking very strong here, potentially on a parabolic rally as long as able to sustain above its RM 0.33+ immediate support levels on the hourly charts, could continue on towards and beyond the RM 0.385+ regions.

Will be monitoring MUIPROP closely as something big could be brewing here.

$ECOWLD / 8206 (ECO WORLD DEVELOPMENT GROUP BERHAD) after retracing back towards the RM 1.62+ main uptrend support levels over the past week, was able to hold its ground as a higher low region and broke out all the way towards the RM 1.75+ regions today with huge volume and buying momentum.

So far looking very strong and healthy on an uptrend here on the daily chart. As long as it's able to sustain above its RM 1.65+ immediate support, could continue on towards and beyond the RM 1.80++ regions soon for an uptrend continuation pattern.

Will be monitoring ECOWLD closely here.

$NOTION / 0083 (NOTION VTEC BERHAD) since retracing back towards the RM 1.90+ main support levels, had been able to hold well and breakout today back towards the RM 2.13 regions with good volume and buying momentum.

So far looking quite strong and ripe here for a potential uptrend continuation pattern towards and beyond the RM 2.30++ major resistance levels in the coming week itself.

MATERIAL LITIGATIONMUI PROPERTIES BERHAD (THE "COMPANY" OR "MUIP")

UPDATE ON CIVIL SUIT IN THE SHAH ALAM HIGH COURT OF MALAYA BY WEST SYNERGY SDN BHD, A 60%-OWNED SUBSIDIARY OF THE COMPANY, AGAINST PORTLAND ARENA SDN BHD FOR THE INFRASTRUCTURE WORKS FOR PACKAGE E6 IN BANDAR SPRINGHILL

Quarterly rpt on consolidated results for the financial period ended 31/03/2024

MATERIAL LITIGATIONMUI PROPERTIES BERHAD (THE "COMPANY" OR "MUIP")

CIVIL SUIT IN THE SHAH ALAM HIGH COURT OF MALAYA BY WEST SYNERGY SDN BHD, A 60%-OWNED SUBSIDIARY OF THE COMPANY, AGAINST PORTLAND ARENA SDN BHD FOR THE INFRASTRUCTURE WORKS FOR PACKAGE E6 IN BANDAR SPRINGHILL

Quarterly rpt on consolidated results for the financial period ended 31/12/2023

General Meetings: Outcome of Meeting

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSMUI PROPERTIES BERHAD ("MUIP")
JOINT VENTURE AGREEMENT BETWEEN WEST SYNERGY SDN BHD AND CENTURY MARQUE SDN BHD

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSMUI PROPERTIES BERHAD ("MUIP")
JOINT VENTURE AGREEMENT BETWEEN WEST SYNERGY SDN BHD AND CENTURY MARQUE SDN BHD

Quarterly rpt on consolidated results for the financial period ended 30/09/2023

Annual Report & CG Report - 2023

Statement to Shareholders in relation to the proposed renewal of authority for the purchase of own shares by MUI Properties Berhad

General Meetings: Notice of Meeting

OTHERSMUI PROPERTIES BERHAD (the "Company")
- Proposed renewal of authority for the purchase of own shares by the Company

Quarterly rpt on consolidated results for the financial period ended 30/06/2023

OTHERSMUI PROPERTIES BERHAD ("MUIP" OR "COMPANY")
REVALUATION OF PROPERTIES

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONSMUI PROPERTIES BERHAD ("MUIP" OR "COMPANY")
EXTENSION OF REPAYMENT PERIOD OF LOAN FACILITY OF RM15,000,000 GRANTED BY WEST SYNERGY SDN BHD TO MALAYAN UNITED INDUSTRIES BERHAD

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONSMUI PROPERTIES BERHAD ("MUIP" OR "COMPANY")
PROPOSED ACQUISITION BY CESUCO TRADING LIMITED, A WHOLLY-OWNED SUBSIDIARY OF MUIP, OF THE ENTIRE SHARE CAPITAL OF FLAMEPRO LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF GBP1,750,000

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONSMUI PROPERTIES BERHAD ("MUIP" OR "COMPANY")
PROPOSED ACQUISITION BY CESUCO TRADING LIMITED, A WHOLLY-OWNED SUBSIDIARY OF MUIP, OF THE ENTIRE SHARE CAPITAL OF FLAMEPRO LIMITED FOR A TOTAL PURCHASE CONSIDERATION OF GBP1,750,000

Change in Boardroom - DATIN NGIAM PICK NGOH

MUI Properties Bhd has appointed Datuk Leanne Goh as an independent and non-executive director effective May 23.

KUALA LUMPUR: MUI Properties Bhd has appointed Datuk Leanne Goh as an independent and non executive director effective May 23.

MUIPROP - Notice of Book Closure

Second Interim Dividend

Quarterly rpt on consolidated results for the financial period ended 31/03/2023

Change in Boardroom - MR YOONG SWIE LEONG

Change in Boardroom - TAN SRI DATO' DR YEOH OON KHENG

Change in Remuneration Committee - ENCIK ABDUL RASHID BIN ISMAIL