KUALA LUMPUR: Investors could discover premiums in Tasco Bhd, Muhibbah Engineering (M) Bhd and Versatile Creative Bhd taking after their corporate news and declarations, as per JF Apex Research.
The exploration house said Tasco went into chilly chain coordinations and has inked a deal and buy concurrence with Chang Kok Fai and Chan Sun Cheong to gain Gold Cold Transport Sdn Bhd for up to RM188mil.
Muhibbah Engineering secured an agreement worth roughly Qatari Riyal 356.7 million (RM438.1mil) from Economic Zones Company of Qatar (MANATEQ) for the development of streets and foundation works at Um Alhoul Economic Zone (QEZ-3) Phase 2.1 (Portion 2A, Marine Cluster), Qatar.
Flexible Creative has gone into an arrangement with Double Action Ventures Sdn Bhd to investigate creating medium-cost flats on a 3.2-section of land bit of estranged land in Johor Bahru with gross advancement estimation of RM110mil.
Overnight, the US markets were blended again as the Nasdaq augmented its record high lifted by human services counters while financial specialists sit tight for president-elect Donald Trump's key news gathering. Thus, European stocks were blended with the FTSE100 bouncing to unequaled high after higher maker information from China.
"Taking after the blended execution in the US and Europe, the FBM KLCI could develop its sideways pattern underneath the resistance of 1,680 focuses," JF Apex said.
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