KUALA LUMPUR: Stocks with recent corporate announcements include Cahya Mata Sarawak, Berjaya Food, Widad Group, British American Tobacco, UOA REIT and Unitrade Industries, said JF Apex Research.
Cahya Mata Sarawak Bhd is suing its former executive director and five others for alleged breaches of fiduciary duties related to the construction of an integrated phosphate additives plant in Samalaju, Sarawak.
CMS incurred RM67.57mil in losses due to a lack of due diligence undertaken.
Berjaya Food Bhd’s board of directors has recommended shareholders to approve the group’s proposed bonus issue of up to 1.56 billion shares on the basis of four bonus shares for every one share held.
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