KUALA LUMPUR: Stocks that would see investor consideration on Monday embrace CTOS Digital Bhd, Malton Bhd
, Pavilion Real Estate Investment Trust, Pacific & Orient Bhd, Carimin Petroleum Bhd and Cuscapi Bhd, says JF Apex Research.
CTOS Digital has proposed to purchase a 49% stake in fintech specialist Juris Technologies Sdn Bhd (JurisTech) for RM205.8mil money.
Malton Bhd stated it’s in talks to promote the Pavilion Bukit Jalil mall to Pavilion Real Estate Investment Trust (REIT).
Pacific & Orient Bhd (P&O) is disposing of its 21.91% stake in Singapore-based knowledge software program firm HiringBoss Holdings Pte Ltd for US$19.83mil (RM83.11mil).
Carimin Petroleum Bhd has aborted plans to boost RM29.94mil through a share placement and Cuscapi Bhd has proposed a personal placement of 10% of its issued shares to boost as much as RM22.34mil for its enterprise enlargement and working capital.
On the native market, the FBM KLC ended flat on Friday with a 0.03-points achieve to 1,516.45.
JF Apex Research stated the market might consolidate and development sideways beneath the resistance of 1,530 factors.
European bourses in the meantime have been combined on Friday as main bourses have been closed for the Christmas holidays.
