KUALA LUMPUR: Stocks to watch for on Tuesday include Westports, MSM Malaysia, Lagenda Properties
, LBS Bina, Uzma and MyEG Services, said Apex Research.
The Ministry of Finance (MOF) has granted Westports Holdings Bhd’s wholly-owned subsidiary Westports Malaysia Sdn Bhd (WMSB) a 10-year investment tax allowance (ITA), commencing from Jan 1, 2022 to Dec 31, 2031.
MSM Malaysia Holdings Bhd slipped into the red with a net loss of RM72.8 million for the third quarter ended Sept 30, 2022 compared with a net profit of RM96.86 million a year earlier.
Lagenda Properties Bhd saw its third quarter net profit decline 21.54% to RM35.73 million from RM45.54 million a year earlier, mainly due to upfront costs incurred in preparation for future project launches.
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