Buying and selling concepts: Unisem, Pekat Group, Bintai Kinden, TDM, Transocean and Brahim’s

KUALA LUMPUR: There might be value motion in Unisem (M) BhdPekat Group Bhd, Bintai Kinden Bhd, TDM BhdTransocean Holdings Bhd and Brahim’s Holdings Bhd, in accordance with JF Apex Analysis.

Unisem (M) Bhd has proposed the disposal of its land and constructing in Batam metropolis in Indonesia’s Riau province for RM143.31mil.

Pekat Group Bhd has gained a contract value RM38.3mil to develop a large-scale photo voltaic photovoltaic (PV) farm.

Bintai Kinden Corp Bhd secured an RM2.62mil contract to undertake mechanical and electrical work involving the alternative of the present transformer on the Petronas Twin Towers.

TDM Bhd has signed a Heads of Settlement (HoA) for the proposed building and leasing of a specialist hospital constructing in Kota Bharu, Kelantan.

Transocean Holdings Bhd, in reply to an uncommon market exercise question from Bursa Malaysia, mentioned “a serious shareholder” had explored “proposals” that might facilitate the drive of its enterprise segments.

Brahim’s Holdings Bhd’s software for a time extension to submit its PN17 regularization plan has been rejected by Bursa and its shares will probably be suspended from buying and selling efficient April 15 and de-listed on April 20, until an enchantment is filed by April 14.

In the meantime, JF Apex expects the FBM KLCI to stay beneath the resistance of 1,620 factors given the continued sideways development.

The US market was barely increased in a single day as buyers assessed the Federal Reserve’s tighter financial coverage to fight inflation.

European shares had closed decrease on the again of the Fed’s minutes and additional sanctions in opposition to Russia.


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