KUALA LUMPUR: The investor spotlight could be shone on stocks with recent corporate announcements including PETRONAS Chemicals, Ranhill Utilities, Rimbunan Sawit
, Advancecon, Lebtech , Dolomite and Bumi Armada, says Apex Research.
Petronas Chemicals Group Bhd (PetChem) has entered into an agreement to sell a 25% stake in Petronas Chemicals Fertiliser Sabah Sdn Bhd (PCFS) to SMJ Sdn Bhd for RM1.2 billion.
Ranhill Utilities Bhd’s subsidiary bagged a US$50 million (RM210 million) contract from Italian oil major Saipem SpA.
Rimbunan Sawit Bhd’s auditor Messrs Crowe Malaysia PLT has raised a material uncertainty related to the going concern of the plantation group.
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