KUALA LUMPUR: EITA Resources Bhd
, Alam Maritim Resources Bhd, Well Chip Group Bhd, UMS Integration Ltd, Lianson Fleet Group Bhd, Pineapple Resources Bhd and Encorp Bhd are among the stocks to watch today.
EITA Resources has secured a RM40.93mil contract to supply and deliver busduct systems for a data centre project in Johor, boosting its earnings prospects for the financial year ending Sept 30, 2026.
Alam Maritim will exit PN17 status on June 8 after Bursa Malaysia approved its application for an early upliftment, nearly four years after the company was classified as financially distressed.
Well Chip plans a rights issue to raise up to RM120 mil to fund its pawnshop expansion and increase capital for pawn loan disbursements, with completion targeted for the fourth quarter of 2026.
UMS Integration plans to acquire a controlling stake in a new Vietnamese manufacturing entity for US$3.6mil, expanding its precision engineering and semiconductor capabilities in Vietnam.
Lianson Fleet and its partners plan to acquire the MT High Tide tanker through a Singapore-based joint venture, expanding the group's presence in medium-range tanker ownership.
Encorp has signed a memorandum of understanding (MOU) with FELDA to explore a proposed staff housing project, with the property developer set to potentially undertake the design and construction works under a design-and-build model.
Gan Kok Xan and parties acting in concert increased their stake in Pineapple Resources to 71.42% following the close of the mandatory takeover offer, while maintaining the company's listed status.
