Teo Seng Capital Berhad’s share attracted investors’ interest in the earlier part of May 2019, reaching a 52-week high of RM1.43 on 9^thMay following stronger earnings and in anticipation of the debut of the biggest IPO of the year of Leong Hup International Berhad.  Teo Seng Capital is a subsidiary of Leong Hup International.  However, after Leong Hup International made a less than impressive debut on Bursa Malaysia and sliding below its IPO price, the mother share and warrant of Teo Seng Capital came under heavy selling pressure.  This was also not helped by Leong Hup International disposing Teo Seng Capital shares in the open market in the middle of the month.  Teo Seng Capital share and warrant ended trading on 28^th May at RM1.05 and 24.5 sen respectively.

The share price of Komarkcorp Berhad staged an impressive rally in the last couple of months, rising from 16.5 sen on 1^st March 2019 to as high as 39 sen on 3^rd May before settling at 29.5 sen at the close on 14^th May.  The company warrant KOMARK-WB also rose from 2.5 sen on 1^st March to as high as 9 sen on 3^rd May.  However, KOMARK-WB has experienced steeper decline than mother share lately perhaps due to its relatively short tenure.  KOMARK-WB closed at 5 sen on 14^th May for a conversion discount of 5.1%.

The new warrant of Lambo Group Berhad (LAMBO-WB) made its debut on 7^th May 2019.  The warrant was given free to shareholders of Lambo Group via a bonus issue of warrants on the basis of one free warrant for every two shares held on the entitlement date of 24^thApril 2019.  A total of 1.051 billion warrants were issue and LAMBO-WB ended its first day of trade at 2.5 sen.  Lambo Group’s mother share closed at 9 sen on 7^th May.

The share price of Sunsuria Berhad surged on 29^th April to as high as 92 sen after the company announced that it has signed a Memorandum of Understanding (MOU) with Chinese logistics provider Sinotrans Limited (“Sinotrans”) to explore business opportunities in Smart Logistics Park and Business, as well as a Strategic Cooperation Agreement (SCA) with Chinese automotive design and engineering firm IAT Automobile Technology Co., Ltd (“IAT”) on ASEAN Automotive Design & Innovation Centre for product research & design, talent development and smart technology.  The agreements were formalised by Sunsuria executive chairman Tan Sri Ter Leong Yap, who joined the Malaysian delegation to the Second Belt and Road Forum for International Cooperation in Beijing.  With renewed investors’ interest, Sunsuria also announced the price fixing for its upcoming private placement of up to 10% share capital at 70 sen for the first tranche.  The share price retreated  to close at 73 sen on 30^th April 2019.