Trading ideas: Kossan, Caely, Axiata, Digi, TSR Capital and LKL International

Catrina P. Smith

KUALA LUMPUR: Shares to look at for on Monday pursuing corporate bulletins incude Kossan, Caely, Axiata, Digi, TSR Capital and LKL Worldwide, claimed JF Apex Research.

Kossan Rubber Industries Bhd founder Tan Sri Lim Kuang Sia had in new times lifted his oblique stake in the rubber glove producer soon after getting 7.06 million shares.

Datuk Jovian Mandagie stated lingerie maker Caely Holdings Bhd made a wrong announcement to Bursa Malaysia about his alleged appointment as the executive vice chairman.

Axiata Team Bhd and Bhd are extending the deadline to fulfil conditions that have been established out in their merger agreement from 22 June to 31 Dec this 12 months.

TSR Money Bhd is advertising a residence in Port Dickson to Malaysia’s McDonald’s licensee Gerbang Alaf Dining establishments Sdn Bhd for RM6mil.

LKL International Bhd has proposed to undertake a renounceable rights concern with free of charge warrants to elevate up to RM58.3mil to fund its diversification into the pharmacy business.

Meanwhile, JF Apex said the FBM KLCI could continue being pressured with assist at 1,450 factors next the recent uncertainty.

The US market finished mixed on Friday with the Dow declining slightly although the S&P and Nasdaq climbed amid issues of an financial slowdown.

In the same way, European shares had been blended as central financial institutions hiked curiosity fees in reaction to the US Federal Reserve’s charge hike.

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