UEM Edgenta has secured contracts estimated to be worth up to RM284.02mil to provide hospital support services to Singapore Health Ministry’s restructured hospitals.
Matrix Concepts’ 4QFY20 net profit fell 16% yoy amid higher revenue achieved.
Advance Synergy is disposing of a piece of freehold land in Switzerland for 5.95 million Swiss francs (RM26.77mil). It expects to record a net gain of RM2.42mil following the disposal.
Yinson is selling a minority stake in its Brazil floating production, storage and offloading (FPSO) unit to Japan's Kawasaki Kisen Kaisha Ltd (K Line) for US$49mil (RM209.45mil).
Destini has landed a contract from the Ministry of Defence to supply non-proprietary aircraft parts for the Royal Malaysian Air Force.
Insas is planning to raise up to RM132.6mil from a renounceable rights issue of redeemable preference shares with free detachable warrants to repay its bridging loans.
The issue price of the rights RPS are RM1 per share with dividend rate of 3.8% per annum and bearing a tenure of five years.
Jadi Imaging is set to make its foray into the premium stationery segment as the exclusive distributor of the Nusign brand products.
Ta Win has proposed the acquisition of a majority stake in Sin Line Tek Electronic Co Sdn Bhd.
The group said the acquisition would enable it to add value to its copper rod and wire products, and further extend its existing product range into the downstream of the copper rod and wire supply chain.
Overnight, US markets ended mixed with the Nasdaq extending its record high while the Dow and S&P declined after resurgence of the coronavirus affecting economic recovery.
Earlier, European stocks declined following concerns of new coronavirus cases.
Following the lacklustre performances in the US and Europe, JF Apex said the FBM KLCI could remain pressured below its resistance of 1,590 points.
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