Trading ideas: Malayan United Industries, Coastal Contracts, China Automobile Parts, Vortex and Lotte Chemical Titan

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KUALA LUMPUR: Stock that would see elevated investor attentio on Friday embody Malayan United Industries, Coastal Contracts, China Automobile Parts, Vortex and Lotte Chemical Titan, says JF Apex Research.

Malayan United Industries has proposed to undertake an RM3.07bil capital discount train to offset RM3.06bil in collected losses as at Dec 31, 2021.

Coastal Contracts is promoting one offshore help vessel and two different vessels for an mixture worth of RM109.7mil.

The built-in marine oil and fuel service supplier stated the transactions are anticipated to contribute positively to the earnings of the group for the monetary 12 months ending June 30, 2022.

China Automobile Parts has obtained yet one more reprieve by Bursa Securities from being delisted, after it managed to problem its annual report for the FY21 for public launch.

As a outcome, buying and selling within the firm’s shares will resume on Friday (March 4).

Vortex plans to amass a Johor-based firm for RM21.03mil to diversify into the oil palm plantation enterprise.

Lotte Chemical Titan has declared a closing dividend of 21 sen per share for the FY21.

The group stated the dividend of 21 sen per share shall be paid on April 13, with an ex-date of March 21.



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