KUALA LUMPUR: Shares to check out for include things like CTOS Digital, Digi.Com, Favelle Favco, MK Land, Hextar Technologies Methods, Traditional Scene, Artroniq, LYC Health care and Pasukhas Team, stated JF Apex Study.
CTOS Electronic Bhd has proposed to get a 19.9% stake in RAM Holdings Bhd from Creador’s Oscar Matrix Sdn Bhd for RM51.3mil hard cash, raising its shareholding to 39.1%.
The controlling shareholder of Hextar Systems Solutions Bhd.
Datuk Eddie Ong, has purchased more than the company’s complete stake of 14.94% in Traditional Scenic Bhd in a related occasion transaction and he is now the biggest shareholder of Common Scenic with a stake of 32.06%.
Artroniq Bhd has proposed to diversify its company to obtain precision engineering and equipment elements manufacturing by getting a 60% stake in Penang-based mostly Fujim Electronic Sdn Bhd (FDSB) for RM12mil.
LYC Health care Bhd is attaining two firms in Negeri Sembilan — Nutrogreen Health and fitness Industries Sdn Bhd (NHISB) and Kitta Business — to strengthen its placement in the nutraceutical business for RM525,000 and RM1mil respectively.
Pasukhas Team Bhd explained Messrs Crowe Malaysia PLT (Crowe) has voluntarily resigned as the auditor of the business owing to a disagreement on the audit expenses.
Meanwhile, JF Apex claimed the FBM KLCI could stay sideways earlier mentioned the aid of 1,394 points
On Friday, the US current market rallied in a aid rebound following earnings announcements by banking institutions such as Wells Fargo and Citigroup.
Equally, European stocks rebounded even with weaker-than-anticipated Chinese GDP and central banking companies in Canada, South Korea, New Zealand, Singapore and the Philippines elevated fascination charges.