Trading ideas: CIMB, Sime Darby Plantation, Opcom Holdings, Econpile Holings, Malaysia Pacific Corp, Inix Technologies Holdings, Khee San and FSBM

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KUALA LUMPUR: Stocks with latest company announcement that would see elevated buying and selling exercise embody mentioned JF Apex Research.

CIMB’s international shareholding fell to 24.7% in March 2022 from 25.1% in February to mark the its first month-to-month international shareholding drop since May 2021.

Italian confectionery big Ferrero mentioned it’ll cease sourcing palm oil from Sime Darby Plantation Bhd after allegations of pressured labour.

Opcom Holdings Bhd has gained a RM25mil consultancy venture for the design and session of a knowledge centre for the supply and upkeep of level of presence for an optic fibre infrastructure hub.

Econpile Holdings Bhd has acquired a letter of award (LoA) for a RM23mil contract to undertake basis and basement works for an industrial constructing in Petaling Jaya, Selangor.

Malaysia Pacific Corp Bhd has partnered privately held firm Chesland Sdn Bhd to collectively develop a 5.7ha piece of land in Johor Bahru.

INIX Technologies Holdings Bhd‘s utility for registration to supply vaccine for Covid-19 from China has been rejected by the Ministry of Health.

Khee San Bhd has appointed Khairul Azwan Harun, chairman of Vsolar Group Bhd and Mtouche Technology Bhd, to helm its board of administrators.

FSBM Holdings Bhd has submitted its proposed plan to Bursa Malaysia to regularise its PN17 standing.

Meanwhile, JF Apex mentioned the FBM KLCI may stay below stress with assist at 1,575 factors following the earlier week’s decline.

Global markets had been closed for the Good Friday vacation within the earlier sesssion.



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