<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily,</em> on December 23, 2015.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><strong>Yee Lee Corp Bhd (-ve)</strong></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Yee Lee (Fundamental: 1.4/3, Valuation: 1.4/3) first triggered our momentum algorithm on February 12. Since then, its share price has risen by 22.8% to close at RM2.14 yesterday.</p></div>

<div class=newsTextDataWrapInner><p>Established since 1968, Yee Lee has grown into a fully integrated manufacturer and distributor of fast moving consumer goods such as cooking oils (Helang and Vesawit) and household products. It also manufactures corrugated cartons and aerosol cans.</p></div>

<div class=newsTextDataWrapInner><p>In April, the company announced that it has been appointed by Allexcel Trading Sdn Bhd as an exclusive distributor of Red Bull Gold, Red Bull Less Sugar and Red Bull Bottle energy drinks in Malaysia. The five-year agreement starts from August 1.</p></div>

<div class=newsTextDataWrapInner><p>For 9M2015, revenue rose 7.1% y-y to RM561.1 million, driven by higher sales of cooking oils and other agencies products such as Campbell, Old Town and Red Bull. Net profit, however, fell 6.4% to RM21.0 million, mainly due to losses incurred by palm oil mill.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><img alt="yeelee_swm_fd231215_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/yeelee_swm_fd231215_theedgemarkets.png" style="height:856px; width:666px" /></p></div>


This article first appeared in The Edge Financial Daily, on December 23, 2015.

 

Yee Lee Corp Bhd (-ve)

Yee Lee (Fundamental: 1.4/3, Valuation: 1.4/3) first triggered our momentum algorithm on February 12. Since then, its share price ha...

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<p>The Netherlands, Hong Kong and Japan are the top three foreign investors in Melaka, said Chief Minister&nbsp;Datuk Seri Ab Rauf Yusoh.</p>

<p>He said the Netherlands had invested RM8.4 billion, creating 2,505 job opportunities,&nbsp;while Hong Kong invested RM1.7 billion (1,230 jobs), and Japan invested RM1.296 billion (7,359 jobs).</p>
