KUALA LUMPUR MALAYSIA : Sime Darby, Mesiniaga, Westports and Dufu Technology could see exchanging interest oon Friday after their corporate declarations, says JF Apex Research.
Sime Darby’s circuitous unit Glengowrie Rubber Company Sdn Bhd arrangements to offer 325.7ha of freehold area in Glengowrie Estate in Hulu Langat, Selangor to Petaling Garden Sdn Bhd for RM428.8mil.
Concerning Mesiniaga, the examination house said the IT administrations organization secured a RM10.42mil IT support and administrations contract from the Malaysian Investment Development Authority.
Westports says take a shot at its RM1.05bil Container Terminal 8 (CT8) is on track as development of Phase 1 of the terminal has been finished. Take a shot at Phase 2 has begun with the heaping for the second 300-meter wharf.
Dufu Technology arrangements to solidify two shares of 50 sen each into one offer of RM1 to enhance its capital structure by the final quarter of 2016.
JF Apex Research said Boustead Heavy Industries Corp (BHIC) acknowledged a RM11.2mil contract from the Defense Ministry to supply and convey saves, and give support and preparing to the Malaysian Navy’s Bofors 40mm/L70 weapon.
Overnight on Wall Street, US stocks shut almost level on Thursday as financial specialists looked ahead to a key job information. Likewise, European stocks completed under weight, as financial specialists hinted at alert in front of the US occupations report on Friday.
At Bursa Malaysia, the FBM KLCI quit for the day focuses or 0.23% to 1,666.73.
“Taking after the dull execution in the US and European markets, the FBM KLCI could backtrack towards the bolster level of 1,650,” it said.
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