KUALA LUMPUR: Stocks on investors' radar screen on Friday include Genting Malaysia, MR DIY, Heineken Malaysia
, Pentamaster, Bahvest, Ageson, Bina Darulaman, Bertam, Greatech, Favelle Favco and Uzma, said Apex Research.
Genting Malaysia Bhd (GenM) will dispose of its Miami unit for RM5.433 billion instead of four parcels of land owned by the subsidiary.
MR DIY Group (M) Bhd’s 1Q23 net profit rose 27.13% to RM127.77 million.
Heineken Malaysia Bhd's 1Q23 net profit dipped 3.04% to RM109.93 million.
Pentamaster Corp Bhd's 1Q23 net profit rose 4.3% to RM21.27 million.
Bahvest Resources Bhd CEO Datuk Lo Fui Ming has ceased to become a substantial shareholder of the company after offloading some 9.3% or 115.19 million shares in the open market.
Ageson Bhd has terminated its plan to dispose of a 168-acre piece of industrial land in Perak to China’s Zhejiang Guorong Digital Economy Group Ltd (ZGDEG) for RM278.78 million.
Bina Darulaman Bhd’s (BDB) unit has secured a state road maintenance contract worth RM204 million from the Kedah state government.
Bertam Alliance Bhd said its external auditor has expressed its unqualified opinion with material uncertainty related to the group's ability to continue as a going concern.
Greatech Technology Bhd's 1Q23 net profit slipped 3.71% to RM27.86 million.
Favelle Favco clinches three tower crane contracts worth RM84.9 million.
Uzma secures RM45 million oil and gas support job in Thailand.
Meanwhile, Apex said the FBM KLCI could remain sluggish below the resistance of 1,431 points following the negative performance on Wall Street.
The US market declined overnight amid concerns over regional banks and lower-than-expected PPI.
Earlier, European markets closed lower as after the Bank of England hiked interest rates by 25bps.
