KUALA LUMPUR: Kumpulan Perangsang Selangor Bhd , Perisai Petroleum Teknologi Bhd and GSB Group Bhd are among the stocks to watch on Monday, according to JF Apex Research.

Kumpulan Perangsang Selangor’s 51%-owned unit Aqua-Flo Sdn Bhd has received a letter of extension to supply chemicals to water treatment plants operating under the Air Selangor Group, for a further period of five and a half months.

The group said estimated sums for the projects during the extended period will amount to RM25.08mil.

Perisai plans to undertake a share capital reduction and a rights issue to raise up to RM22.34mil to regularise its Practice Note 17 (PN17) status.

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