KUALA LUMPUR: Stocks to watch for on Monday include Maxis, Maybank, JCorp, HUBLine, CI Holdings
, Homeritz, Borneo Oil, Destini and Hextar, said Apex Research.
In a note, the research fir said Maxis has appointed Goh Seow Eng as its chief executive officer (CEO).
Maybank's 98.54%-owned PT Bank Maybank Indonesia Tbk eked out a 0.2% growth in net profit for 9M22.
JCorp is taking its property arm Damansara Holdings Bhd private by proposing a selective capital repayment (SCR) of 80 sen per share.
Hubline Bhd bagged a contract worth RM22.04 million to provide helicopter services in Sabah to the Election Commission (EC) to be used for the 15th general election (GE15).
CI Holdings is acquiring a 6.6-acre piece of industrial land together with a two-storey factory and office building in Pasir Gudang, Johor for RM33.8 million.
Homeritz Corp's profit rose sharply in 4QFY22, Borneo Oil has proposed a 30% private placement to raise RM53.1 million.
Destini Bhd has aborted its private placement of up to 10% of the company's total issued shares to raise RM16.14 million.
Hextar saw the emergence of Revongen Corp Sdn Bhd as its new substantial shareholder with 176.62 million shares or a 16.2% stake.
Meanwhile, Apex said the FBM KLCI could track Wall Street's positive performance and rise towards the resistance of 1,462 points.
The US market rallied on Friday after economic data pointed to slowing inflation and steady consumer spending.
Earlier, European stocks ended mixed after the European Central Bank raised interest rates by 75 basis points.
