KUALA LUMPUR: JF Apex Research expects Gamuda Bhd
, Lingkaran Trans Kota Holdings Bhd (Litrak), Serba Dinamik Holdings Bhd, Magna Prima Bhd, Ranhill Utilities Bhd and SCOMI GROUP BHD to be among the many shares to observe in the present day.
Gamuda Bhd finalised the phrases and situations of a draft share sale and buy settlement for its 4 toll concessions for an mixture RM4.477bil, with Gamuda’s portion amounting to RM2.347bil.
Litrak will distribute RM2.71bil or RM5.08 per share of proceeds it’s anticipated to obtain from the sale of its toll concession and doesn’t intend to keep up its itemizing standing.
Serba Dinamik’s collectors have agreed to remain their functions for winding-up proceedings and the appointment of an interim liquidator.
Magna Prima’s shareholders have refused to approve the administrators’ charges as much as RM200,000 throughout the group’s annual basic assembly.
Ranhill has secured a contract to improve an industrial effluent therapy plant for MSM Sugar Refinery Sdn Bhd in Johor, with the group saying the RM6.1mil challenge.
Scomi Group has accepted a settlement proposal with Malayan Banking Bhd (Maybank) for RM8mil.
Meanwhile, JF Apex stated the US market declined in a single day after the 10-year Treasury yield surged to three% and oil costs climbed above US$120 per barrel.
Similarly, European shares additionally dropped earlier than the European Central Bank’s financial coverage determination later in the present day.
“Following the bearish momentum, the FBM KLCI could remain pressured with support at 1,515 points,” it stated.
