KUALA LUMPUR: JF Apex Research expects Pestech International Bhd, WZ Satu Bhd, NTPM Holdings Bhd, Kian Joo Can Factory Bhd, Yee Lee Corp Bhd and Affin to produce some exchanging enthusiasm on Monday after their corporate declarations, as indicated by JF Apex Research.
JF Apex said Pestech, its JV consortium has won an agreement to introduce three substations for Severelectro JSC under a power supply responsibility and unwavering quality change venture (ESARIP) for US$8.46mil (RM34.75mil).
With respect to WZ Satu, the gathering has prematurely ended its RM368mil proposed securing of Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd (Silk), the administrator of the Kajang Silk Highway, from SILK Holdings Bhd.
NTPM's 1QFY17 net benefit fell by 27.4% year-on-year to RM9.38mil because of higher vitality and work cost from its juvenile tissue operation in Vietnam.
JF Apex said Kian Joo, the gathering and Togo (Hong Kong) Industries Ltd have gone into a notice of comprehension (MoU) to fabricate and circulate aluminum jars and jugs.
Yee Lee has secured the circulation privileges of Japanese soda brand Suntory refreshment for a long time in Peninsular Malaysia.
Affin said that it has connected with Bank Negara Malaysia for an expansion of time for transactions to buy a 16% stake in AXA Affin General Insurance Bhd from Felda Global Ventures Holdings Bhd (FGV).
Last Friday, the US markets finished lower by vitality counters after oil costs declined. So also, European stocks were negative after slower producing information.
On the nearby bourse, the FBM KLCI added 1.33 focuses to 1670.99 focuses on Friday.
"Taking after the bearish execution in the US and Europe, the FBM KLCI could chill out and slant beneath the resistance of 1,675 focuses after a week ago's bounce back," JP Apex said.
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