KUALA LUMPUR: Companies in focus on Monday iclude Aurelius, Jentayu, MMAG, Itmax, Marine & General and Yinson
, said Apex Research.
Aurelius Technologies Bhd’s 2QFY24 net profit jumped 49.16% higher to RM10.55 million.
Jentayu Sustainables Bhd’s CEO ceased as its substantial shareholder after disposing of eight million shares via a direct business transaction.
MMAG Holdings Bhd has ceased to be a major shareholder of CSH Alliance Bhd after divesting of its entire 16.61% stake in CSH, together with 194.5 million warrants, for RM37.36 million cash.
ITMax System Bhd non-independent executive director Datin Afinaliza Zainal Abidin has disposed of a 6.99% stake in the smart city integrated city system solution provider for RM122.23 million.
Marine & General Bhd returned to the black after posting a net profit of RM7.41 million in 1QFY24.
Yinson Holdings Bhd’s 2QFY24 net profit climbed 60.84% higher to RM230 million.
Meanwhile, the US stock market was mixed on Friday with the Dow and S&P falling while the Nasdaq climbed amid concerns of a government shutdown.
Earlier, European stocks rose after Euro zone inflation was lower than expected.
On the local market, the FBM KLCI plunged 15.94 points or 1.11% to 1424.17 points on the last trading day of the third quarter.
"The FBM KLCI breached the support of 1433 points and could see bottom fishing above the next support of 1,394 points," said Apex.
