KUALA LUNPUR: Shares which will see elevated investor consideration on Wednesday embody CSH Alliance, Brahim’s Holdings, Scomi Group, LYC Healthcare, GIIB Holdings and Kejuruteraan Asastera, mentioned JF Apex Analysis.
CSH Alliance Bhd has been appointed as distributor for business electrical vans for China’s BYD Co Ltd.
Artroniq Bhd has proposed to accumulate the remaining 49% stake in Artroniq Innovation Sdn Bhd (AISB) for RM14.7mil to be paid by issuance of recent shares.
Shares of PN17 firms Brahim’s Holdings Bhd and SCOMI GROUP BHD plunged following issues of delisting.
LYC Healthcare Bhd has proposed a personal placement of as much as 10% of its issued shares to lift as a lot as RM10.3 million to finance its enterprise growth and dealing capital.
GIIB Holdings Bhd mentioned the latest suspension of its director Wong Weng Yew was to facilitate an investigation into his administration and dealing with of its glove enterprise and accounts.
Kejuruteraan Asastera Bhd (KAB) has signed an influence buy settlement for a photo voltaic photovoltaic (PV) system at Mydin Tunjong Hypermarket in Kelantan.
In the meantime, JF Apex mentioned the FBM KLCI may decline in direction of its assist of 1,570 following the latest detrimental efficiency on Wall Road.
The US market declined for a 3rd straight day after March inflation information got here in above expectations, elevating expectations of a tighter financial coverage which may sluggish the economic system down.
Equally, European shares dropped with banking counters main the losses after the US CPI hit its highest since 1981.