KUALA LUMPUR: Investors might be maintaining a tally of shares with latest company bulletins together with EcoWorld International, Scientex, LYC Healthcare, JF Technology and Alam Maritim
, stated JF Apex Research.
EcoWorld International narrowed its web loss to RM14.66mil in its 1QFY22 from RM56.26mil in 4QFY21, primarily resulting from decrease share of losses in its three way partnership.
On a year-on-year foundation, the group sank into the pink in contrast with a web revenue of RM56.03mil in 1QFY21, primarily resulting from decrease income and revenue recognition from Yarra One and West Village, as fewer bought models had been handed over through the interval.
Scientex’s 2QFY22 web revenue fell 16.5% yoy resulting from increased uncooked materials costs and freight prices for its shopper packaging enterprise.
LYC Healthcare’s Singapore unit LYC Medicare (Singapore) Pte Ltd is shopping for the remaining 49% stakes it doesn’t maintain in two Singapore-based healthcare firms through money and share offers, forward of the unit’s proposed itemizing on the Singapore Exchange (SGX).
JF Technology has arrange its Test Contacting Centre of Excellence in Kota Damansara, Selangor with an funding of RM40mil, in a bid to additional increase its enterprise and seize immense alternatives within the semiconductor trade.
Alam Maritim introduced it has acquired a discover from Messrs.
Al Jafree Salihin Kuzaimi PLT to voluntarily resign as auditors of the corporate.
Meanwhile, JF Apex stated the FBM KLCI is anticipated to increase its positive factors in the direction of the resistance of 1,615 factors following a constructive efficiency on Wall Street.
The US market rallied in a single day after the Federal Reserve raised rates of interest for the primary time in three years and signalled six extra hikes this 12 months.
European shares additionally superior on hopes of a ceasefire between Russia and Ukraine.
