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KUALA LUMPUR: Can-One Bhd, Sunway Group, Datasonic Group Bhd and Bintai Kinden Corp Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
KUALA LUMPUR: Box-Pak (Malaysia) Bhd, Can-One Bhd and Kian Joo Can Factory Bhd (KJCF), which have common shareholders, will announce a corporate exercise.
Bursa Malaysia Securities Bhd has publicly reprimanded Can-One Bhd and its seven directors for breaching the Main Market Listing Requirements (Main LR) in January 2012 over the unusual market activity (UMA) in Can-One shares.
KUALA LUMPUR: Can-One Bhd rose in early trade today following Tuesday's announcement that its RM3.10 offer for shares in Kian Joo Can Factory Bhd had ended and that it now held a 97.48% stake in the company.
PETALING JAYA: Can-One Bhd, which already owns 32.90% of Kian Joo Can Factory Bhd, has launched a conditional mandatory takeover of the latter at RM3.10 a share. This follows the takeover being approved at its EGM yesterday.