KUALA LUMPUR: Stocks to watch today include Carimin Petroleum Bhd
, Paragon Globe Bhd, Rimbunan Sawit Bhd, Aneka Jaringan Holdings Bhd, CTOS Digital Bhd, Destini Bhd, AMS Advanced Material Bhd, LB Aluminium Bhd and Marine & General Bhd.
Carimin Petroleum’s 90%-owned subsidiary plans to acquire a RM21.12mil industrial property in Kuching to revive its galvanising and metal fabrication business.
Paragon Globe is pursuing a land acquisition in Sedenak, Johor, for a proposed RM1.69bil industrial park within the JS-SEZ.
Rimbunan Sawit has regained access to its Ulu Teru Estate in Sarawak after a three-month disruption. The blockage resulted in an estimated RM10mil reduction in revenue.
Aneka Jaringan has secured a RM26.2mil contract for earthworks and piling works for a serviced apartment project in Kuala Lumpur.
CTOS Digital has contained unauthorised access to its consumer business environment that exposed a limited subset of consumer information.
Some credit reporting services remain temporarily unavailable, but the company expects no material financial impact.
Destini’s 70%-owned 70%-owned subsidiary M Rail Technics Sdn Bhd (Railtec) has partnered Siemens Mobility to explore digital railway MRO solutions, including data-driven maintenance, automation and workforce upskilling in Malaysia.
AMS Advanced Material has acquired the remaining 10% stake in AMS Aluprecision for RM550,000, giving it full ownership and greater control over the aluminium processing subsidiary’s future growth and strategy.
LB Aluminium’s first-quarter net profit rose 60% to RM18.57mil, while revenue grew 18% to RM318.8mil, driven by stronger contributions from its aluminium and property segments.
