Trading ideas: Marine & General, Yinson, United Malacca, Kim Loong, Scientex, Glomac, SSF Home, MCE and Keyfield

TheStar Wed, Mar 27, 2024 08:07am - 1 month View Original


KUALA LUMPUR: Companies making headlines recently include Marine & General, Yinson, United Malacca, Kim Loong, Scientex, Glomac, SSF Home, MCE and Keyfield, said Apex Securities Research.

Marine & General Bhd's wholly-owned subsidiary M&G Tankers Sdn Bhd has disposed of a vessel, JM Sutera 5, to Kalianda Permata Transport Pte Ltd, Singapore, for US$5.5mil (about RM26.21mil) cash.

Yinson Holdings Bhd’s major shareholder has triggered an unconditional mandatory takeover offer to acquire the remaining shares it does not own in Icon Offshore after purchasing a 50.2% stake in Icon Offshore Bhd for RM172.2 million cash, or 63.5 sen per share.

Plantation outfit United Malacca Bhd has recorded a 49% jump in net profit for the third financial quarter, lifted by an improvement in its Indonesian operations as well as lower investment losses.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

GLOMAC 0.395
ICON 0.760
ICON-WA 0.200
KEYFIELD 2.140
KMLOONG 2.260
KMLOONG-WB 0.845
M&G 0.255
MCEHLDG 1.970
MCEHLDG-WA 1.260
SCIENTX 4.470
SSF 0.280
UMCCA 5.030
YINSON 2.390
YINSON-WA 0.365

Comments

Login to comment.