September 27, 2022

GWSM-Tech

Digitally Yours

Trading ideas: G3 Global, Ajiya, ES Ceramics Technology, CIMB Group, Computer Forms (Malaysia), Favelle Favco and Malaysian Bulk Carriers

KUALA LUMPUR: Stocks in emphasis on Friday incorporate G3 World-wide, Ajiya, ES Ceramics Technological innovation, CIMB Team, Pc Kinds (Malaysia), Favelle Favco and Malaysian Bulk Carriers, mentioned JF Apex Investigate.

G3 World wide Bhd has secured a RM118.38mil contract from Malaysia Airports Holdings Bhd (MAHB) to jointly establish an airport built-in safety and protection technique (AIS3).

Ajiya Bhd has declared the resignation of its running director Datuk Chan Wah Kiang.

ES Ceramic Technological know-how Bhd has proposed to receive Evermix Concrete Sdn Bhd for RM83mil in a bid to diversify into the production and investing of construction supplies.

CIMB Team Holdings Bhd is mulling to split the chief government officer (CEO) work at its team wholesale banking phase into two.

Computer system Forms (Malaysia) Bhd’s shareholders were being advised to reject the takeover bid by Datuk Seri Dr Jacky Pang as the provide price of 60 sen per share is considered as “not truthful” and “not affordable” by unbiased adviser.

Favelle Favco Bhd has declared a very first interim dividend of 85 sen for every share.

Businessmen Datuk Chin Yoke Choon and Datuk Chin Yoke Kan have emerged as substantial shareholders of Malaysian Bulk Carriers Bhd (Maybulk) after their personal automobile Tunas Money Sdn Bhd obtained a 16% stake in the dry bulk provider past 7 days.

In the meantime, JF Apex mentioned the FBM KLCI could remain underneath strain and exam the assist at 1,575 factors pursuing the bearish functionality in Wall Avenue.

The US market plunged overnight for its worst day considering that 2020 to erase gains recorded on Wednesday following the Federal Reserve chairman ruled out the potential customers of larger charge hikes.

Previously, European shares immediately after the Bank of England raised interest charges by 25 foundation points.