KUALA LUMPUR: Shares to view for consist of CTOS Electronic, Digi.Com, Favelle Favco, MK Land, Hextar Systems Answers, Traditional Scene, Artroniq, LYC Health care and Pasukhas Group, stated JF Apex Research.
CTOS Digital Bhd has proposed to buy a 19.9% stake in RAM Holdings Bhd from Creador’s Oscar Matrix Sdn Bhd for RM51.3mil cash, raising its shareholding to 39.1%.
Digi.com Bhd‘s 2Q22 net revenue dropped 21.39% YoY to RM220.04mil, generally owing to the 1-off prosperity tax.
Favelle Favco Bhd has bagged a complete of RM42.7mil new purchase orders to provide tower cranes.
MK Land Holdings Bhd is diversifying into renewable electrical power with the improvement of a 10.95-megawatt (MW) huge-scale solar photovoltaic (PV) plant in Kerian, Perak.
The managing shareholder of Hextar Technologies Remedies Bhd.
Datuk Eddie Ong, has acquired more than the company’s full stake of 14.94% in Typical Scenic Bhd in a relevant occasion transaction and he is now the most significant shareholder of Traditional Scenic with a stake of 32.06%.
Artroniq Bhd has proposed to diversify its organization to get precision engineering and equipment elements producing by attaining a 60% stake in Penang-dependent Fujim Electronic Sdn Bhd (FDSB) for RM12mil.
LYC Healthcare Bhd is obtaining two companies in Negeri Sembilan — Nutrogreen Wellbeing Industries Sdn Bhd (NHISB) and Kitta Enterprise — to reinforce its place in the nutraceutical company for RM525,000 and RM1mil respectively.
Pasukhas Group Bhd stated Messrs Crowe Malaysia PLT (Crowe) has voluntarily resigned as the auditor of the organization due to a disagreement on the audit costs.
Meanwhile, JF Apex said the FBM KLCI could keep on being sideways previously mentioned the help of 1,394 points
On Friday, the US marketplace rallied in a reduction rebound adhering to earnings bulletins by banking companies these types of as Wells Fargo and Citigroup.
In the same way, European stocks rebounded regardless of weaker-than-expected Chinese GDP and central banks in Canada, South Korea, New Zealand, Singapore and the Philippines elevated fascination rates.