Trading ideas: F&N, Cocoaland, Top Glove, Serba Dinamik, MSC, mTouche, AHB and GIIB


KUALA LUMPUR: Stocks which may be in give attention to Tuesday embrace F&N, Cocoaland, Top Glove, Serba Dinamik, MSC, mTouche, AHB and GIIB, stated JF Apex Research.

Fraser & Neave Holdings Bhd has proposed to privatise its 27.66%-owned affiliate Cocoaland Holdings Bhd at RM1.50 per share.

Top Glove Corp Bhd govt chairman Tan Sri Lim Wee Chai raised his direct stake in Top Glove to 27.461% after buying 1.5 million shares at RM1.24 every.

Serba Dinamik Holdings Bhd has listed two belongings that it owns to be disposed as a part of the scheme of association for RM220.08mil.

Malaysia Smelting Corp Bhd has proposed to amass a agency that has been granted a mining lease over a parcel of land situated adjoining to its mining land in Perak.

Mtouche Technology Bhd is shopping for two models of retail-cum-office premises inside a high-rise blended growth often called TROIKA right here for RM17.9mil money.

AHB Holdings Bhd has entered right into a conditional three way partnership settlement (JVA) to undertake a residential growth in Mukim Petaling right here with an estimated gross growth worth (GDV) of RM29.86mil.

GIIB Holdings Bhd has filed a authorized swimsuit in opposition to seven defendants for amongst others, conspiracy to injure the corporate, breach of fiduciary duties and search, inter alia, damages within the sum of RM103.58mil.

Meanwhile, JF Apex stated the FBM KLCI might stage a rebound from its help of 1,530 factors following a optimistic efficiency on Wall Street.

The US market ended barely increased in a single day as main indexes pared beneficial properties after the 10-year Treasury yield surged to its highest in a month.

Earlier, European shares surged to rebound from Friday’s losses.

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