Trading ideas: MSM, Pasukhas, CMSB and Tri-Mode

KUALA LUMPUR: Companies which could see trading interest on Friday include MSM, Pasukhas Group, Cahya Mata Sarawak Bhd (CMSB) and Tri-Mode following their corporate announcements, JF Apex Research says.

MSM’s shareholders approved the disposal of its unit MSM Perlis Sdn Bhd to FGV for RM175mil cash.

Pasukhas Group secured a building and external work contract worth RM77mil from Focus Dynamics.

Key Alliance Group has emerged as a new substantial shareholder of ACE Market-listed Macpie Bhd after buying a 5.91% stake.

The EPF has ceased to be a substantial shareholder of Cahya Mata Sarawak Bhd (CMSB).

Tan Sri Rodzali Daud has resigned as Destini Bhd's chairman effective Sept 15 after helming the company since May 2015.

JF Apex Research said investment banker turned investor Ian Yoong Kah Yin has emerged as a substantial shareholder at Tri-Mode Systems (M) Bhd after acquiring 60,000 shares.

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