KUALA LUMPUR: Stocks with recent corporate news flow include PETRONAS Gas, PETRONAS Dagangan, Bahvest, Duopharma
, AirAsia X, SunCon, TSH Resources, Cahya Mata Sarawak, Lagenda and Taliworks.
Apex Research said Petronas Gas Bhd’s 1Q23 net profit grew 3.31% to RM424.18 million.
Petronas Dagangan Bhd’s 1Q23 net profit jumped by 2.5 times to RM301.84 million.
Bahvest Resources Bhd said the five shareholders who had recently filed a lawsuit against the company have withdrawn the suit.
Duopharma Biotech Bhd’s net profit rose 11.54% to RM22.63 million for 1QFY2023.
AirAsia X Bhd (AAX) has proposed to place out 32.26 million new shares, equivalent to 7.78% of its total issued shares for RM50 million or RM1.55 per share.
Sunway Construction Group Bhd’s (SunCon) net profit fell 19.38% to RM27.83 million for 1QFY2023.
TSH Resources Bhd’s net profit fell 64.45% to RM29.43 million for 1QFY2023.
Cahya Mata Sarawak Bhd’s net profit fall 40.9% to RM42.56 million for 1QFY2023.
Lagenda Properties Bhd’s net profit fell 16.32% to RM39.34 million for 1QFY2023.
Taliworks Corp Bhd's net profit fell 4.96% to RM10.06 million for 1QFY2023.
Overnight, the US market ended mixed as investors awaited updates on debt ceiling negotiations from the evening meeting between President Joe Biden and House Speaker Kevin McCarthy.
Similarly, European markets were mixed as investors monitor the U.S. debt ceiling talks and Greek election results.
