Trading ideas: ViTrox, Pecca, JF Tech, My EG, Ireka


KUALA LUMPUR: ViTrox, Pecca, JF Tech, My EG, Ireka, KLCCP Stapled and Scientex are among the companies which JF Apex Research believes could see trading interest on Tuesday after their corporate announcements.

ViTrox has proposed a one-for-one bonus issue of up to 472.43 million new on an entitlement date to be determined later.

Pecca has cancelled its proposed acquisition of 51% equity interest in personal protective equipment supplier Rentas Health Sdn Bhd.

JF Technology is seeking to transfer its listing status from the ACE Market to the Main Market of Bursa Malaysia.

MYEG has received approval from the Road Transport Department (JPJ) to start the proof of concept to set up an automated training and driving test system.

Meanwhile, Ireka has secured a RM45.77mil construction contract in Bukit China, Besut, Terengganu from Wanland Metro Sdn Bhd.

Parkson Holdings has proposed to cancel RM2bil of its issued share capital in a move to reduce the group's accumulated losses.

United Plantations' net profit for its 3QFY21 climbed 61.71% on-year, on higher contribution from the plantation segment.

KLCCP Stapled's 3QFY21 net profit declined by 13.58% on-year, amid prolonged restrictions and the imposition of the movement control order due to the exponential increase in Covid-19 cases.

Scientex has completed its unconditional voluntary takeover offer of Daibochi. However, itfailed to accumulate a 90% stake required to proceed to privatise the latter, despite having extended the offer by two weeks.

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ViTrox , Pecca , JF Tech , My EG , Ireka

   

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