Table of Contents
Deutsche Bank ASEAN research products ...................................... 2
ASEAN team list ................................................................................ 4
The Mighty ASEAN bloc ................................................................. 10
ASEAN top Buys.............................................................................. 11
ASEAN country strategy ................................................................. 13
Indonesia................................................................................ 14
Malaysia ................................................................................. 20
Philippines ............................................................................. 27
Singapore............................................................................... 33
Thailand ................................................................................. 39
Company Section - Indonesia......................................................... 47
Antam .................................................................................... 48
Astra Agro Lestari ................................................................ 50
Astra Int'l .............................................................................. 52
Bank Mandiri ........................................................................ 54
BCA ........................................................................................ 56
BII .......................................................................................... 58
BNI ......................................................................................... 60
BRI ......................................................................................... 62
CIMB Niaga ........................................................................... 64
Danamon ............................................................................... 66
Excelcomindo ....................................................................... 68
Gudang Garam ..................................................................... 70
Indika Energy ........................................................................ 72
Indo Tambangraya Megah .................................................. 74
Indocement ........................................................................... 76
Indofood ............................................................................... 78
Indosat .................................................................................. 80
Panin Bank ............................................................................ 82
PT Inco .................................................................................. 84
Semen Gresik ....................................................................... 86
Table of Contents (cont'd)
Telkom .................................................................................. 88
Unilever Indonesia ............................................................... 90
Company Section - Malaysia .......................................................... 93
AMMB Holdings ................................................................... 94
Astro ...................................................................................... 96
Berjaya Sports Toto ............................................................. 98
BAT (Malaysia) .................................................................... 100
Bumiputra Commerce ........................................................ 102
Bursa Malaysia ................................................................... 104
DiGi.Com ............................................................................. 106
Gamuda ............................................................................... 108
Genting Bhd ........................................................................ 110
Hong Leong Bank ............................................................... 112
IJM Corp ............................................................................. 114
IOI Corp ............................................................................... 116
KL Kepong ........................................................................... 118
KNM Group ......................................................................... 120
Malayan Banking ................................................................ 122
MISC (F) .............................................................................. 124
Parkson Holdings ............................................................... 126
PLUS .................................................................................... 128
Public Bank ......................................................................... 130
Resorts World ..................................................................... 132
Sime Darby Bhd ................................................................. 134
SP Setia ............................................................................... 136
Telekom Malaysia .............................................................. 138
Tenaga Nasional BHD ........................................................ 140
YTL Power ........................................................................... 142
Company Section - Philippines .................................................... 145
Aboitiz Power ..................................................................... 146
Ayala Corp .......................................................................... 148