KUALA LUMPUR: Shares that might see investor curiosity on Monday embrace Brem, IGB, Malakoff, AMMB, Alliance Financial institution, IOI Properties
, Time dotcom, Press Metal, Sarawak Oil Palm, Padini, UOA Improvement, Hengyuan, Careplus, Pestech, KPJ Healthcare, SKP Assets, PetDag and Rubberex, in response to JF Apex Analysis.
Brem’s majority shareholders, Brem Properties Sdn Bhd and Tan Sri Khoo Chai Kaa, have proposed to privatise the corporate through a share capital discount (SCR) which entails a selective capital discount and a corresponding capital reimbursement of RM1.20 per share.
IGB declared an interim dividend of 10 sen per share in addition to dividend-in-specie, to be distributed through 10.36 treasury shares for each 1,000 current shares held.
Malakoff, AMMB, Alliance Financial institution, IOI Properties, Time dotcom, Press Steel, Sarawak Oil Palm chalked up higher y-o-y quarterly earnings whereas Padini, UOA Improvement, Hengyuan, Careplus, Pestech, KPJ Healthcare, SKP Assets, PetDag, Rubberex recorded weaker y-o-y quarterly outcomes.
In the meantime, JF Apex expects the FBM KLCI to check the help of 1,500 factors following a 2% plunge on Friday as a brand new Covid-19 variant was present in South Africa.
At 10am, the FBM KLCI was down 5.17 factors to 1,507.05.
