Trading ideas: HLBank, FGV, MPI and Mah Sing

KUALA LUMPUR: HL Bank, FGV, MPI, BIMB, Mah Sing, LBS, SKP recorded higher y-o-y quarterly earnings, according to JF Apex Research.

It said on Wednesday, Ranhill, Lay Hong posted weaker y-o-y quarterly results.

As for Talam Transform, it's external auditor Messrs Baker Tilly Monteiro Heng PLT has issued a qualified audit opinion on the audit of the property developer's financial statements for the FY21.

M3 Technologies’ external auditor Ecovis Malaysia PLT has expressed a qualified opinion on the company's audited financial statements for the FY21.

Ireka's external auditor Crowe Malaysia PLT has expressed a qualified opinion with indication on material uncertainty on its ability to continue as a going concern in view of its audited financial statements for its FY21.

Sime Darby is collaborating with Porshe AG to assemble the latter's sports car for the Malaysian market only.

Vizione has secured a two-year RM116.5 million contract to build a four-star hotel in Langkawi.

JF Apex Research said MCE has secured contracts to supply various mechanical parts for new Perodua car models. The projects are expected to generate total revenue of approximately RM17.59mil million for MCE, while the estimated total investment cost is RM1.83mi.

Pestech has proposed to undertake a bonus issue of 191.07 million new shares on the basis of two bonus shares for every eight existing shares held on an entitlement date to be determined later.

Scientex is expanding its Klang Valley footprint via the proposed acquisition of over 250 acres of agriculture land near Klang and Banting for RM207.56mil.

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