KLCI LIKELY TO HIT ALL-TIME HIGH EARLY 2007

The current rally on Bursa is expected to be extended with the Kuala Lumpur Composite Index (KLCI) likely to break its
all-time high of 1,332.04, which was recorded on Jan 5, 1994, early next year, a veteran stockbroker said on Nov 16.

OSK Holdings Bhd group managing director Ong Leong Huat said the major factors for the bullish outlook were the record
highs of major Asian markets, coupled with the decline in oil prices, and the low and stable interest rates.

"The equity markets should be on the positive. There is big run-up in Hong Kong, China and specifically, the Asia-Pacific area.
That will lead the market further," he told reporters after the signing of a joint-venture agreement for OSK to provide financial
services to the Middle East.

On Nov 16, the KLCI surged to a more than nine-year record, closing at 1,037.6, which was 9.22 points or 0.9% higher than
the previous day's. Year to date, the 100-stock index is up 15.31%. Trading volume was over 1.2 billion, with interest spilling
over to lower liners and penny stocks.

In the Asian markets, the Hong Kong Hang Seng Index climbed 0.32% or 61.07 points to close at a record high of
19,154.07.

"We are extremely positive, not only in Malaysia. We will see new records being broken as we move towards the end of the
year and early next year.

"You can see a lot of companies making record profits. I think the most important thing is not the index (KLCI). It is how
vibrant, how good the market is. The index is only an indicator," he said.

Among the major gainers on Bursa on Nov 16 were DiGi.Com Bhd, which rose 60 sen to RM13, Telekom Malaysia Bhd 45
sen to RM9.55 and EON Capital Bhd 35 sen to RM6.35. Kuala Lumpur Kepong Bhd gained 30 sen to RM13.60 , Maxis
Communications Bhd 25 sen to RM9.45 and Transmile Group Bhd and Tanjong plc 20 sen each to RM12.80 and RM13,
respectively.

Quoted from theedge Website, reported by Gan Yen Kuan (16 Nov 2006)