Trading ideas: Chin Hin, Hextar Global, Muar Ban Lee, KIP REIT, AME Eite and MicroLink Solutions


KUALA LUMPUR: Stocks that could possibly be within the highlight on Wednesday embody Chin Hin, Hextar Global, Muar Ban Lee, KIP REIT, AME Eite and MicroLink Solutions, stated JF Apex Research.

Chin Hin Group Property Bhd has gained a RM330mil contract to undertake substructure and superstructure works for the Intel Pelican challenge in Penang.

Hextar Global Bhd’s main shareholder Datuk Eddie Ong Choo Meng is injecting three industrial properties situated at Pulau Indah Industrial Park into KIP Real Estate Investment Trust by way of transactions value RM78.9mil.

Muar Ban Lee Group Bhd (MBL) is promoting its 13.7% stake in Symphony Life to XOX Bhd for RM19.25mil money.

AME Elite Consortium Bhd is setting up its sixth facility in [email protected] following the enlargement of its repeat buyer HQPack Sdn Bhd.

Microlink Solutions Bhd is looking for to switch its itemizing standing to the Main Market from ACE Market.

Meanwhile, JF Apex stated the FBM KLCI might stay sideways above the help of 1,394 factors as a result of ongoing uncertainty and lack of catalyst.

The US market declined in a single day forward of right now’s June CPI inflation information, which is anticipated to hit 8.8%.

In distinction, European shares rose earlier because the Euro foreign money declined to a 20-year low towards the US greenback.

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