KUALA LUMPUR: Stocks in aim on Friday involve G3 International, Ajiya, ES Ceramics Technology, CIMB Group, Computer Varieties (Malaysia), Favelle Favco and Malaysian Bulk Carriers, claimed JF Apex Analysis.
Ajiya Bhd has declared the resignation of its managing director Datuk Chan Wah Kiang.
ES Ceramic Technology Bhd has proposed to get Evermix Concrete Sdn Bhd for RM83mil in a bid to diversify into the manufacturing and buying and selling of construction materials.
CIMB Team Holdings Bhd is mulling to split the main executive officer (CEO) task at its group wholesale banking section into two.
Computer Types (Malaysia) Bhd’s shareholders were being encouraged to reject the takeover bid by Datuk Seri Dr Jacky Pang as the supply rate of 60 sen for each share is considered as “not reasonable” and “not fair” by impartial adviser.
Businessmen Datuk Chin Yoke Choon and Datuk Chin Yoke Kan have emerged as considerable shareholders of Malaysian Bulk Carriers Bhd (Maybulk) soon after their non-public motor vehicle Tunas Money Sdn Bhd obtained a 16% stake in the dry bulk carrier last week.
In the meantime, JF Apex reported the FBM KLCI could remain underneath tension and test the aid at 1,575 details adhering to the bearish efficiency in Wall Road.
The US marketplace plunged overnight for its worst day considering that 2020 to erase gains recorded on Wednesday right after the Federal Reserve chairman ruled out the potential customers of increased charge hikes.
Earlier, European shares immediately after the Financial institution of England lifted curiosity charges by 25 foundation details.