KUALA LUNPUR: Stocks that will see elevated investor consideration on Wednesday embrace CSH Alliance, Brahim’s Holdings, Scomi Group, LYC Healthcare, GIIB Holdings and Kejuruteraan Asastera, stated JF Apex Research.
CSH Alliance Bhd
has been appointed as distributor for business electrical vans for China’s BYD Co Ltd.
Artroniq Bhd has proposed to amass the remaining 49% stake in Artroniq Innovation Sdn Bhd (AISB) for RM14.7mil to be paid by issuance of recent shares.
Shares of PN17 firms Brahim’s Holdings Bhd and SCOMI GROUP BHD plunged following issues of delisting.
LYC Healthcare Bhd has proposed a non-public placement of as much as 10% of its issued shares to lift as a lot as RM10.3 million to finance its enterprise enlargement and working capital.
GIIB Holdings Bhd stated the latest suspension of its director Wong Weng Yew was to facilitate an investigation into his administration and dealing with of its glove enterprise and accounts.
Kejuruteraan Asastera Bhd (KAB) has signed an influence buy settlement for a photo voltaic photovoltaic (PV) system at Mydin Tunjong Hypermarket in Kelantan.
Meanwhile, JF Apex stated the FBM KLCI might decline in the direction of its assist of 1,570 following the latest detrimental efficiency on Wall Street.
The US market declined for a 3rd straight day after March inflation knowledge got here in above expectations, elevating expectations of a tighter financial coverage which might sluggish the financial system down.
Similarly, European shares dropped with banking counters main the losses after the US CPI hit its highest since 1981.
