Trading ideas: IHH, MR DIY, Maxis, Optimax, Jerasia Capital and Yinson


KUALA LUMPUR: Companies with recent corporate announcements include IHH, MR DIY, Maxis, Optimax, Jerasia Capital and Yinson, said Apex Research.

IHH Healthcare Bhd said Agilus Diagnostic Ltd, a subsidiary of its 31.17%-owned associate Fortis Healthcare Ltd, will be undertaking an initial public offering (IPO).

MR DIY Group (M) Bhd CEO Adrian Ong has been appointed to the Maxis Bhd board as an independent and non-executive director.

Optimax Holdings Bhd has obtained a licence from the Ministry of Health to offer plastic surgery and aesthetic services.

Jerasia Capital Bhd continues to be suspended from Tuesday until further notice.

Yinson Holdings Bhd's offshore production business unit Yinson Production has secured a US$230 million term loan facility in relation to FPSO Maria Quitéria.

Meanwhile, the US market rallied overnight to rebound and break its four-day losing streak after better-than-expected corporate earnings.

Earlier, European markets declined amid corporate earnings announcements. Investors will be waiting for consumer price index data from China tomorrow and the US on Thursday.

On the local market, the FBM KLCI was flat after adding 0.6 points or 0.04% to 1,445.81 points.

"Following last week’s pullback, the FBM KLCI could take a breather and consolidate between the support of 1410 points and the resistance of 1,460 points," said Apex.

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Trading ideas , Apex , IHH , MR DIY , Maxis , Optimax , Jerasia Capital , Yinson

   

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