KUALA LUMPUR: JF Apex Research expects Felda Global Ventures (FGV), Encorp, Guocoland, Berjaya Corp, Berjaya Sports Toto and Instacom are among the companies which could see trading interest on Thursday.
FGV says the targeted acquisition of PT Eagle High Plantations TBK is still in negotiation and expects to conclude discussions by March.
Encorp has inked a memorandum of agreement with the Federal Land Development Authority (Felda) to nominate its unit Encorp Bukit Katil Sdn Bhd as the master developer for Felda's RM3.2bil integrated township in Bukit Katil, Melaka.
Guocoland slipped into the red in its 2QFY16 with a net loss of RM7.48mil, as its revenue dropped almost 35% on-year on lower contributions from various projects.
Berjaya Corp and Berjaya Sports Toto bagged an 18-year contract worth US$210.58mil (RM919.18mil) to operate number forecast operations (NFO) in Vietnam.
Instacom has bagged a contract worth RM240.4mil of building works in Sungai Besi, Kuala Lumpur.
Overnight on Wall Street, US markets tumbled over 1% overnight as oil prices fell to US$27 per barrel.
European stocks plunged over 3% as lower oil prices added pressure to other sectors such as banking, insurance and commodity counters.
The FBM KLCI dropped 10.39 points to 1,618.83 on Wednesday.
“Following the bearish performance in global markets triggered by oil rout, the KLCI is expected to test its psychological level of 1,600,” it said.