KUALA LUMPUR: Stocks with recent corporate news flow that could come into focus on Friday include MAHB, Pharmaniaga
, TDM, Cypark Resources, Tuju Setia, Inta Bina, WZ Satu, Poh Huat and Sarawak Cable, says JF Apex Research.
MAHB has upsized its Islamic bond or sukuk issuance to RM800mil from the initial target issue size of RM500mil under the group's RM5bil sukuk wakalah programme on robust demand for the firm's securities.
Pharmaniaga's services for the provision of medicines and medical supplies to the Ministry of Health's facilities has been extended for another year until Dec 31, 2022.
The Indonesian government has filed a RM293.67mil lawsuit against TDM's oil palm unit PT Rafi Kamajaya Abadi for allegedly acting illegally in relation to a fire incident at the subsidiary's land in West Kalimantan province in 2019.
Cypark Resources posted a net profit of RM25.72mil for its 4QFY21, up 20% yoy, mainly due to savings achieved in finance costs and tax expenses.
Tuju Setia has secured a RM311.7mil contract to undertake main contractor work for Sunway d'hill Residences high-rise development in Kota Damansara, Selangor.
Inta Bina has bagged a contract worth RM79.8mil from Eco Majestic Sdn Bhd to build 149 double-storey houses of various sizes for a gated and controlled community housing scheme (strata property) in Precinct 6 in Beranang, Hulu Langat, Selangor.
Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah has raised his stake in WZ Satu to 9.8%.
This was after the King converted 53.62 million Islamic convertible preference shares in the civil engineering and mining group into ordinary shares.
Poh Huat sank into the red for its 4Q results with a net loss of RM3.54mil, compared with a net profit of RM25.62mil a year ago mainly due to prolonged shutdown of both its Malaysia and Vietnam operations resulted in a drastic drop in production and shipment.
Sarawak Cable has triggered the suspended criteria of Practice Note 17 (PN17), but will not be classified as a PN17 company, thanks to Bursa Malaysia's relief measures.
Meanwhile, JF Apex said the FBM KLCI is expected to hover below its resistance level of 1,500 points with muted trading volume on the last day of the trading year.
US markets fell overnight ahead of its penultimate trading day while European indices ended the day higher on holiday-thinned trading.
, TDM, Cypark Resources, Tuju Setia, Inta Bina, WZ Satu, Poh Huat and Sarawak Cable, says JF Apex Research.MAHB has upsized its Islamic bond or sukuk issuance to RM800mil from the initial target issue size of RM500mil under the group's RM5bil sukuk wakalah programme on robust demand for the firm's securities.
Pharmaniaga's services for the provision of medicines and medical supplies to the Ministry of Health's facilities has been extended for another year until Dec 31, 2022.
The Indonesian government has filed a RM293.67mil lawsuit against TDM's oil palm unit PT Rafi Kamajaya Abadi for allegedly acting illegally in relation to a fire incident at the subsidiary's land in West Kalimantan province in 2019.
Cypark Resources posted a net profit of RM25.72mil for its 4QFY21, up 20% yoy, mainly due to savings achieved in finance costs and tax expenses.
Tuju Setia has secured a RM311.7mil contract to undertake main contractor work for Sunway d'hill Residences high-rise development in Kota Damansara, Selangor.
Inta Bina has bagged a contract worth RM79.8mil from Eco Majestic Sdn Bhd to build 149 double-storey houses of various sizes for a gated and controlled community housing scheme (strata property) in Precinct 6 in Beranang, Hulu Langat, Selangor.
Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah has raised his stake in WZ Satu to 9.8%.
This was after the King converted 53.62 million Islamic convertible preference shares in the civil engineering and mining group into ordinary shares.
Poh Huat sank into the red for its 4Q results with a net loss of RM3.54mil, compared with a net profit of RM25.62mil a year ago mainly due to prolonged shutdown of both its Malaysia and Vietnam operations resulted in a drastic drop in production and shipment.
Sarawak Cable has triggered the suspended criteria of Practice Note 17 (PN17), but will not be classified as a PN17 company, thanks to Bursa Malaysia's relief measures.
Meanwhile, JF Apex said the FBM KLCI is expected to hover below its resistance level of 1,500 points with muted trading volume on the last day of the trading year.
US markets fell overnight ahead of its penultimate trading day while European indices ended the day higher on holiday-thinned trading.
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