KUALA LUMPUR: There could be increased trading interest in Eversendai, Cahya Mata Sarawak, Capitaland Malaysia Trust
, GDB, Menang, Samchem and Teo Seng, said Apex Research.
Eversendai Corp Bhd had secured nine projects worth a combined RM1.1 billion.
Cahya Mata Sarawak Bhd (CMSB) said a possible contingent liability of RM266 million could be reflected in its FY2022 audited financial statements.
CapitaLand Malaysia Trust (CLMT) is adding a freehold logistics warehouse located at the Hicom-Glenmarie Industrial Park in Shah Alam, Selangor to its portfolio for RM39.7 million.
GDB Holdings Bhd’s unit filed a fresh lawsuit against KSK Land Sdn Bhd, claiming an outstanding sum of RM102.08 million.
Menang Corp (M) Bhd’s 3QFY23 net profit fell 28% year-on-year to RM3.28 million.
Samchem Holdings Bhd’s net profit tumbled 66.64% year-on-year to RM6.54 million.
Teo Seng Capital Bhd’s 1Q23 net profit jumped 373.17% to RM19.68 million.
The US market was slightly higher overnight as investors monitor the progress of congressional leaders working on a deal to raise the debt ceiling.
Earlier, European markets were mixed following U.S. debt ceiling negotiations, Turkish elections and a higher forecast for EU inflation this year.
