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KPS gets nod to buy Toyoplus

KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd (KPS) has received shareholders approval to acquire 100% stake in Toyoplas Manufacturing (M) Sdn Bhd and its subsidiaries for RM311.25mil.

Litrak, Sprint agree to accept MoF Inc take over offer

KUALA LUMPUR (Bernama): Lingkaran Trans Kota Holdings Bhd (Litrak) and Litrak’s associate company Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings) have resolved to accept the government's offer to take over Damansara-Puchong Expressway (LDP) and the Sprint highway.

Govt may buy more toll highways

PETALING JAYA: The government is expected to acquire more toll highways in the future, especially those with matured traffic flows and shorter remaining concession years, according to a research house.

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KPS continues buying spree

Kumpulan Perangsang Selangor (KPS), famous for making a killing on the disposal of its water asset, is continuing its acquisition spree.

Trading ideas: Pansar, EcoFirst, Securemetric, KPS, Yong Tai, Dayang

KUALA LUMPUR: Pansar Bhd, EcoFirst Consolidated Bhd, Securemetric Bhd, Kumpulan Perangsang Selangor Bhd (KPS), Yong Tai Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch on Tuesday.

Perangsang Selangor buys Toyoplas for RM311mil

KUALA LUMPUR: State owned Kumpulan Perangsang Selangor Bhd (KPS) is buying a 100% stake in plastic injection moulding firm Toyoplas Manufacturing (M) Sdn Bhd for RM311.25mil cash.

Trading ideas: Westports, Seacera, MMHE, LFE, Gadang, DWL

KUALA LUMPUR: Westports Holdings Bhd, Seacera Group Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, LFE Corp Bhd, Gadang Holdings Bhd and DWL Resources Bhd are among the stocks to watch on Monday, according to JF Apex Research.

Trading ideas: Bumi Armada, Gamuda, KPS, HeiTech Padu, Vizione

KUALA LUMPUR: Bumi Armada Bhd, Gamuda Bhd, Kumpulan Perangsang Selangor Bhd, HeiTech Padu Bhd and Vizione Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.

Trading ideas: Kelington, KPS, UEM Edgenta, Gadang, Brahim’s, Handal

KUALA LUMPUR: JF Apex Research expects Kelington Group Bhd, Kumpulan Perangsang Selangor Bhd (KPS), UEM Edgenta Bhd, Gadang Holdings Bhd, Brahim’s Holdings Bhd (BHB) and Handal Resources Bhd to be among the stocks to watch on Wednesday.

CIMB Research sees RM77b capex for water infra

KUALA LUMPUR: CIMB Equities Research estimates RM77bil would be invested in water infrastructure over the longer term of which 70% would be for upstream and the remaining 30% to replace the old asbestos cement pipes.