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Business Background Malaysian Pacific Industries Bhd is an investment holding company. The company along with its subsidiaries is engaged in manufacturing, assembling, testing and sale of integrated circuits, semiconductor devices, electronic components and leadframes. The group's operating and reportable segments are geographical segments by location of customers. It covers Asia; The United States of America (USA); and Europe, where it generates most of its revenue. The company's subsidiaries include Dynacraft Industries Sdn Bhd (Dynacraft) and Carsem (M) Sdn Bhd (Carsem).
3 people like this. gooman Dow Surges To Record High Amid Interest Rate Optimism Following Fed Report https://www.forbes.com/sites/dereksaul/2023/12/13/dow-surges-to-record-high-amid-interest-rate-optimism-following-fed-report/amp/ 14/12/2023 7:13 AM gooman https://techreport.com/news/malaysia-becomes-major-hub-for-chinese-companies-high-end-chips-report/ 19/12/2023 10:10 PM gooman Global Bonds Rally as Softer UK Inflation Boosts Rate-Cut Bets German 10-year yield falls below 2% for first time since March US, UK bonds also gain as traders amp interest-rate cut bets https://www.bloomberg.com/news/articles/2023-12-20/german-10-year-yield-falls-below-2-for-first-time-since-march?embedded-checkout=true 20/12/2023 6:56 PM gooman Fed’s preferred inflation measure surprises economists by falling in November https://fortune.com/2023/12/22/pce-inflation-november-fall-slide-lower-2-6/amp/ “A sustained easing in price pressures will support a shift in the (Fed’s) policy stance next year, from holding rates steady to lowering them over time,” said Rubeela Farooqi, chief U.S. economist at High Frequency Economics. “”The exact timing will depend on how the labor market, inflation and growth will evolve next year. Based on our forecasts, we expect the Fed to start cutting rates by the middle of next year.” 23/12/2023 10:58 PM JettLeong Don't know FED will follow Mr. Market's expectation and cut the rate down next year ... 26/12/2023 11:13 AM gooman South Korea Chip Output Jumps in Sign of Returning Global Demand https://news.bloomberglaw.com/tech-and-telecom-law/south-korea-chip-output-jumps-in-sign-of-returning-global-demand 28/12/2023 8:03 PM gooman China Injects $50 Billion Into Policy Banks in Stimulus Push Net injection marks largest increase via tool since Nov. 2022 Controversial PSL program used heavily between 2014 and 2019 https://www.bloomberg.com/news/articles/2024-01-02/china-injects-50-billion-into-policy-banks-in-financing-push 03/01/2024 12:18 PM JettLeong ICYMI, MPI ceases leadframe manufacturing after 49 years https://theedgemalaysia.com/node/692948 04/01/2024 10:28 AM gooman Yellen Declares US Economy Has Achieved Soft Landing Real wage increases mean American workers ‘getting ahead’ Treasury Secretary Janet Yellen speaks in televised interview https://www.bloomberg.com/news/articles/2024-01-05/yellen-declares-us-economy-has-achieved-soft-landing 06/01/2024 3:47 PM gooman S&P 500 notches 1st record high close in 2 years on AI bets https://asia.nikkei.com/Business/Markets/S-P-500-notches-1st-record-high-close-in-2-years-on-AI-bets 20/01/2024 8:42 PM JettLeong Blue chips, tech give bullish lift to Bursa Malaysia. https://www.thestar.com.my/business/business-news/2024/01/22/blue-chips-tech-give-bullish-lift-to-bursa-malaysia 22/01/2024 3:16 PM gooman Chinese analyst firm IC Wise predicts the domestic chip market will grow 12% in 2024 and the foundry market will rebound to 9% growth. It says much of the fresh demand will come from the auto sector and new energy, along with mobile phones and consumer electronics. https://www.lightreading.com/semiconductors/china-chip-sector-eyes-return-to-growth#close-modal 31/01/2024 10:12 AM gooman South Korea’s exports surge in January as chip sales recover Exports rise for the fourth straight month https://www.chosun.com/english/industry-en/2024/02/01/GSVMY6ZL5BH6JIYDMIXQM64EAM/ 02/02/2024 10:03 PM gooman S.Korea exports rise for fourth month on surge in chip sales, China rebound https://www.reuters.com/markets/asia/south-korea-jan-exports-rise-fourth-month-chip-sales-surge-2024-02-01/ 02/02/2024 10:14 PM gooman UWC sets sights on next chip up cycle https://theedgemalaysia.com/node/699673 03/02/2024 4:15 PM gooman Higher global demand to boost Malaysia's semiconductor exports https://www.thestar.com.my/business/business-news/2024/01/30/higher-global-demand-to-boost-malaysia039s-semiconductor-exports 04/02/2024 11:24 AM gooman The World’s Chip Industry Poised to Bounce Back After Tough 2023 Semiconductor Industry Association projects 13% rise in sales https://www.bloomberg.com/news/articles/2024-02-05/chip-industry-is-poised-to-bounce-back-after-tough-2023 05/02/2024 11:04 PM gooman TSMC reports highest ever January sales https://focustaiwan.tw/business/202402070009 07/02/2024 9:06 PM JettLeong wa, Uncle Quek was throwing consecutively. Need fund for CNY celebration ? 😄 08/02/2024 4:25 PM gooman Anwar-Lula phone call: Brazil interested in Malaysian semiconductors, invites PM to visit https://www.thestar.com.my/news/nation/2024/02/10/anwar-lula-phone-call-brazil-interested-in-malaysian-semiconductors-invites-pm-to-visit 10/02/2024 2:11 PM JettLeong gooman stock market reflects a view of the economy six months in advance so MPI is on a downtrend? 14/02/2024 11:02 AM gooman https://www.bloomberg.com/news/articles/2024-02-18/china-stocks-primed-for-bullish-open-after-upbeat-holiday-data 19/02/2024 9:32 AM James_Bond Congrats my comrades, mpi latest QR improving! Enjoy the ride up! I m right again! Haha! 21/02/2024 7:33 PM gooman https://www.bloomberg.com/news/articles/2024-02-21/china-stocks-rally-on-quant-fund-clampdown-property-support 21/02/2024 9:09 PM newbie2y for those who are interested, this is the presentation slides for investors briefing- https://mpind.my/wp-content/uploads/2024/02/MPI-Detailed-investor-presentation-Q2-FY24_210224.pdf 22/02/2024 12:49 PM JettLeong Great improvement on MPI's quarter results. To collect it at RM25 is very hard now 22/02/2024 8:39 PM gooman Analysts upbeat on MPI's outlook driven by strong market operations https://theedgemalaysia.com/node/701856 23/02/2024 6:32 PM gooman Global semicon sales rose 15.2% y-o-y in January to US$47.6 billion, says SIA https://theedgemalaysia.com/node/703422 05/03/2024 8:08 AM gooman Semiconductor sector poised for recovery, riding on AI wave: Rakuten Trade https://thesun.my/business/semiconductor-sector-poised-for-recovery-riding-on-ai-wave-rakuten-trade-HA12211611 13/03/2024 9:16 PM gooman FT: Amid US-China trade war, neutral Malaysia ‘surprise’ choice for global semiconductor industry KUALA LUMPUR, March 11— Malaysia has reportedly emerged as an unexpected destination for the global semiconductor industry, inching out the conventional favourite China amid companies’ bid to protect its geopolitical interests. United Kingdom-based business newspaper Financial Times reported that dozens of companies have set up operations in Peninsular Malaysia in the last 18 months, especially in Penang, such as American chip giants Micron and Intel, European semiconductor companies AMS Osram and Infineon, and Suzhou-based Fengshi Metal Technology. “It’s a rush. It’s not only Chinese companies [setting up in Penang]. It’s Korean, it’s Japanese, and it is Western. https://www.malaymail.com/news/money/2024/03/11/ft-amid-us-china-trade-war-neutral-malaysia-surprise-choice-for-global-semiconductor-industry/122820 13/03/2024 9:26 PM gooman Copper Surges to $9,000 as Bulls See Global Economy On Mend Copper rallied to $9,000 a ton — its highest level in 11 months — on bets that a pick-up in global manufacturing activity will push up demand for industrial commodities. The metal, seen as a bellwether of the global economy, has surged this week as investors warm to the idea that the worst of a global downturn is past. https://www.bloomberg.com/news/articles/2024-03-15/copper-resumes-rally-toward-9-000-as-china-supply-tightens 15/03/2024 3:34 PM swissvillage US stocks, tech draw record inflows in latest week - Barclays LONDON, March 15 (Reuters) - Equity funds drew $56.4 billion of inflows in the latest week, driven by record inflows to both U.S. and technology funds, Barclays said in a note on Friday, citing data from EPFR. Globally, all equity sectors saw inflows, with tech attracting the most on record at $22 billion, while healthcare and financials drew inflows of around $7 billion each, Barclays said. 15/03/2024 9:52 PM | |