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Samchem proposes 1-for-1 bonus issue
KUALA LUMPUR: Samchem Holdings Bhd, an integrated chemical and lubricants distributor, is planning to issue new free shares to reward its shareholders.
Trading ideas: Nestle, Velesto Energy, Samaiden
KUALA LUMPUR: Stocks with corporate announcements to watch for on Thursday include Nestle, Velesto Energy, Samaiden, EcoFirst, Paragon Glove, Ageson, MMHE, AirAsia and Genting Malaysia, said JF Apex Research.
Quick take: Kelington shares advance on proposed bonus issue, free warrants
KUALA LUMPUR: Kelington Group's share price jumped in morning trade on the back of a proposed bonus issue and free warrants for shareholders.
Trading ideas: Kelington, Lagenda Properties, Bina Darulaman
KUALA LUMPUR: Stocks with news flow that may see price movement today include Kelington, Lagenda Properties, Bina Darulaman, ConnectCounty, AirAsia, Frontken, Genting, Genting Malaysia, Kejuruteraan Asastera, Serba Dinamik, Daya Materials, Cheetah and plantataions counters.
Kelington proposes 1-for-1 bonus issue
KUALA LUMPUR: Kelington Group Bhd has proposed the issuance of 322.62 million bonus shares on the basis of one bonus share for every one existing share held and up to 215.08 million free warrants on the basis of one free warrant for every three existing shares held.
Kelington proposes 1-for-1 bonus issue
KUALA LUMPUR: Kelington Group Bhd has proposed the issuance of bonus shares, together with free warrants, to reward its shareholders.
Trading ideas: Solution Group, HB Global, Tasco
KUALA LUMPUR: Stocks that may see investor interest on Friday include Solution Group, HB Global, Tasco, MyNews, SHH Resources, Omesti, Microlink Solutions, Bermaz Auto, Top Glove and AMMB.
Quick take: Euro hits two months high after bonus share announcement
KUALA LUMPUR: Shares in Euro Holdings Bhd were up over 7% in early trade Thursday after announcing a bonus issue of up to 3.21 billion shares.
Trading ideas: S P Setia, Yong Tai, BCorp, EcoWorld, Bintai, Euro, Velesto
KUALA LUMPUR: Stocks to watch on Thursday include S P Setia Bhd, Yong Tai Bhd, Berjaya Corp Bhd, Eco World Development Group Bhd, Bintai Kinden Cor Bhd, Euro Holdings Bhd and Velesto Energy Bhd, according to JF Apex Research.