Buying and selling concepts: Malayan United Industries, Coastal Contracts, China Car Elements, Vortex and Lotte Chemical Titan

KUALA LUMPUR: Inventory that would see elevated investor consideration on Friday embrace Malayan United Industries, Coastal ContractsChina Car ElementsVortex and Lotte Chemical Titan, says JF Apex Analysis.

Malayan United Industries has proposed to undertake an RM3.07bil capital discount train to offset RM3.06bil in amassed losses as at Dec 31, 2021.

Coastal Contracts is promoting one offshore assist vessel and two different vessels for an combination worth of RM109.7mil.

The built-in marine oil and fuel service supplier mentioned the transactions are anticipated to contribute positively to the earnings of the group for the monetary yr ending June 30, 2022.

China Car Elements has obtained yet one more reprieve by Bursa Securities from being delisted, after it managed to situation its annual report for the FY21 for public launch.

Consequently, buying and selling within the firm’s shares will resume on Friday (March 4).

Vortex plans to accumulate a Johor-based firm for RM21.03mil to diversify into the oil palm plantation enterprise.

Lotte Chemical Titan has declared a ultimate dividend of 21 sen per share for the FY21.

The group mentioned the dividend of 21 sen per share can be paid on April 13, with an ex-date of March 21.


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