KUALA LUMPUR: Investors may very well be being attentive to Revenue Group, Jerasia Capital, Axiata, TMC Life Sciences and AT Systemization
following current company bulletins, stated JF Apex Research.
Revenue Group is slated to switch to the Main Market of Bursa Malaysia from the ACE Market on Feb 14.
Jerasia Capital stated three of its wholly-owned subsidiaries — Canteran Apparel Sdn Bhd, Jerasia Fashion Sdn Bhd and Jerasia Apparel Sdn Bhd — have defaulted of their compensation of principal and curiosity of financing services granted by United Overseas Bank (Malaysia) Bhd, totalling RM74.62mil.
The shareholder dispute on the divestment of Axiata’s subsidiary Celcom Axiata Bhd’s 35% stake in Tune Talk Sdn Bhd has been delivered to the Asian International Arbitration Centre (AIAC).
A bunch of Tune Talk shareholders, who collectively maintain a 30.02% stake, is making an attempt to dam Celcom Axiata from promoting its 35% stake within the cell digital community operator.
TMC Life Sciences’ internet revenue grew 27.85% yoy for the second quarter ended Dec 31, 2021, on the again of its quarterly income rising 21.36% yoy.
AT Systematization’s wholly-owned unit AT Precision Tooling Sdn Bhd has entered right into a Value Contract with Maschinenfabrik Rieter AG (Rieter) to supply aluminium profiles for Rieter’s Card and Ringspin sector amounting to US$10mil.
Meanwhile, there may very well be additional upsides for the FBM KLCI following Wall Street’s robust in a single day efficiency.
JF Apex stated the benchmark index might extnd its rebound to the resistance of 1,600 factors after surging 21.42 factors in its earlier session to 1,551.51.
In US markets, equities rallied on company earnings and cooling bond yields as traders awaited key inflation information later at the moment.
European shares have been additionally sharply greater following robust quarterly income.
