<div class=newsTextDataWrapInner><p><strong>United U-Li Corporation Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>Ulicorp (Fundamental: 3/3, Valuation: 1.7/3) rose 7.8% to end at a 3-year high of RM4.14 yesterday, on rising volume.</p></div>

<div class=newsTextDataWrapInner><p>Last month, Ulicorp declared a 3 sen interim dividend for 2015, following 1Q2015 earnings results. The dividend will go “ex” on July 20.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>For 1Q2015, revenue increased 3.0% y-o-y to RM44.2 million, while net profit rose 14.7% to RM4.7 million, thanks to higher demand and better profit margin from the electrical lighting and fittings segment as well as lower tax expenses.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Ulicorp manufactures and trades cable support systems, cable management systems, integrated ceiling systems, building materials and light fittings. It has a strong balance sheet with net cash of RM44.5 million or 33.7 sen per share.</p></div>

<div class=newsTextDataWrapInner><p>The company is in the midst of constructing two new plants with hot dip galvanizing facilities in Nilai, Negeri Sembilan. Once completed by end-2015, Ulicorp expects to double its production capacity.</p></div>

<div class=newsTextDataWrapInner><p><img alt="united_u-li_260615_swm_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/united_u-li_260615_swm_theedgemarkets.png" style="height:614px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on June 26, 2015.</p></div>


United U-Li Corporation Bhd (-ve)

Ulicorp (Fundamental: 3/3, Valuation: 1.7/3) rose 7.8% to end at a 3-year high of RM4.14 yesterday, on rising volume.

Last month, Ulicorp declared a 3 sen interim dividend for 2015, following 1Q2015 earnings results. The divid...

Stock With Momentum: United U-Li Corporation

Apple Inc chief executive officer Tim Cook will meet Singapore’s leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing locations to offset headwinds in China.

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Cook will be in Singapore on Thursday and F...

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<p>The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, owing to weakness in the soybean oil futures on the Chicago Board of Trade and lower crude oil prices.</p>

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<p>RHB Retail Research said Marine &amp; General Bhd is set for an uptrend reversal after undergoing a bullish breakout above the 28 sen resistance on Wednesday, on strong trading volume.</p>


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<p>Indonesia's economy was primed for monetary easing later this year, but an unwelcome plunge in its currency is complicating matters for Bank Indonesia and could force it to grudgingly raise rates as early as next week.</p>
