KUALA LUMPUR: Sedania Innovator,, IGB, Kerjaya Prospek, Advanceon, Binasat and LPI are the among the stocks which could attract trading interest after their corporate news, JF Apex Research said.
Sedania Innovator has inked an MoU with FCA Capital Sdn Bhd in its bid for a digital Islamic bank licence from Bank Negara Malaysia.
IGB’s unit has signed an agreement with Meaningfull Life Sdn Bhd to set up a joint venture company called ReU Living Sdn Bhd, which will focus on operating convalescent/post-hospitalisation facilities and senior living facilities.
Kerjaya Prospek bagged a RM258mil contract for the construction of main building works in Johor.
JF Apex Research also said Advancecon has been appointed a subcontractor for the ground treatment work of Section 4 of the East Coast Rail Link (ECRL) project for RM16.97mil.
Binasat Communications wants to undertake a private share placement to raise as much as RM23.3mil to fund its working capital, mainly for the group’s fibre optic telecommunications network supporting services.
LPI Capital saw its net profit for the third quarter ended Sept 30, 2021 rise by 22.29% on-year, due to better underwriting results.
