KUALA LUMPUR: Stocks that could be in focus on Monday include KKB Engineering, OpenSys, YNH, Fitters Diversified
, Top Builders Capital, Hong Seng and construction stocks, said JF Apex Research.
KKB Engineering has bagged two contracts from Malaysia Marine and Heavy Engineering Sdn Bhd and Kuching Water Board worth a combined RM23.7mil.
OpenSys has proposed to transfer the listing to Bursa Malaysia's Main Market from the ACE Market.
YNH said it has successfully issued the RM323 million sukuk wakalah under its Islamic Medium-Term Notes (IMTN) programme (sukuk wakalah programme) of up to RM700 million in nominal value.
Proceeds raised from the issuance will primarily be utilised for the repayments of existing borrowings to unencumber secured properties as well as defray fees, costs and expenses in relation to the issuance.
Fitters Diversified has accepted a letter of intent amounting to RM15.25mil from Syarikat Pembinaan Yeoh Tiong Lay Sdn Bhd (YTL Construction) for the provision of fire protection services.
Top Builders Capital said its wholly-owned subsidiary Ikhmas Jaya Sdn Bhd has been served with a default judgment for failing to settle the outstanding amount for the rental of tugships and cranes as well as barge delivery services.
Hong Seng has scrapped its plan to acquire a 51% stake in health technologies provider Pow Pocket Sdn Bhd.
Construction stocks could be under investors’ radar after the Cabinet has agreed to improve the execution of the Sabah and Sarawak Pan Borneo Highway, and to go ahead with the MRT3 Circle Line.
Meanwhile, JF Apex said the FBM KLCI could remain choppy under the resistance of 1,615 points due to the recent volatility.
The US market dropped on Friday as the ongoing war in Ukraine overshadowed strong employment data.
European stocks had declined sharply after Russia took control of Ukraine's power plant.
, Top Builders Capital, Hong Seng and construction stocks, said JF Apex Research. KKB Engineering has bagged two contracts from Malaysia Marine and Heavy Engineering Sdn Bhd and Kuching Water Board worth a combined RM23.7mil.
OpenSys has proposed to transfer the listing to Bursa Malaysia's Main Market from the ACE Market.
YNH said it has successfully issued the RM323 million sukuk wakalah under its Islamic Medium-Term Notes (IMTN) programme (sukuk wakalah programme) of up to RM700 million in nominal value.
Proceeds raised from the issuance will primarily be utilised for the repayments of existing borrowings to unencumber secured properties as well as defray fees, costs and expenses in relation to the issuance.
Fitters Diversified has accepted a letter of intent amounting to RM15.25mil from Syarikat Pembinaan Yeoh Tiong Lay Sdn Bhd (YTL Construction) for the provision of fire protection services.
Top Builders Capital said its wholly-owned subsidiary Ikhmas Jaya Sdn Bhd has been served with a default judgment for failing to settle the outstanding amount for the rental of tugships and cranes as well as barge delivery services.
Hong Seng has scrapped its plan to acquire a 51% stake in health technologies provider Pow Pocket Sdn Bhd.
Construction stocks could be under investors’ radar after the Cabinet has agreed to improve the execution of the Sabah and Sarawak Pan Borneo Highway, and to go ahead with the MRT3 Circle Line.
Meanwhile, JF Apex said the FBM KLCI could remain choppy under the resistance of 1,615 points due to the recent volatility.
The US market dropped on Friday as the ongoing war in Ukraine overshadowed strong employment data.
European stocks had declined sharply after Russia took control of Ukraine's power plant.
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