Buying and selling concepts: Fuel Malaysia, SKP Sources, LYC Healthcare, Vizione, Cahya Mata Sarawak, Scomi Vitality Companies and Sapura Vitality

KUALA LUMPUR: On Friday, traders may very well be maintaining a watchful eye on Fuel Malaysia, SKP Sources, LYC Healthcare, VizioneCahya Mata Sarawak, Scomi Vitality Companies and Sapura Vitalityin accordance with JF Apex Analysis.

Fuel Malaysia has declared a last dividend of 6.87 sen per share for its FY21.

SKP Sources has appointed TÜV Rheinland Malaysia Sdn Bhd to conduct an unbiased third-party social compliance audit of its labor practices and operations.

LYC Healthcare has integrated a wholly-owned subsidiary often called LYC Magnificence & Wellness Sdn Bhd, which can supply cosmetics, private care and wellness associated services.

Vizione and China’s Hubei Wuqiao Geotechnical Engineering Co Ltd plan to discover constructing supplies buying and selling and dealership alternatives in Malaysia.

Cahya Mata Sarawak is venturing into the vitality sector through the acquisition of Scomi Vitality Companies Bhd‘s oilfield operations for RM21mil.

Sapura Vitality stated three extra of its subsidiaries have been served with winding-up petitions on March 7 and 9, because of non-payment of excellent sums.

In the meantime, JF Apex stated the FBM KLCI may lengthen its rebound rally in the direction of the resistance of 1,620 factors following the optimistic efficiency on Wall Road.

The US market rose over 1% in a single day after the Federal Reserve elevate rates of interest by 25 foundation level and signaled extra hikes this 12 months.

Equally, European shares climbed after the Financial institution of England raised rates of interest and struck a dovish tone amid the Russia-Ukraine struggle.


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