KUALA LUMPUR: JF Apex Research expects Top Glove Corp Bhd
, ASTRO Holdings Bhd, Hock Seng Lee Bhd, KNM Group Bhd and Duopharma Biotech Bhd to be among the stocks to watch on Friday.
Top Glove has described as “highly inaccurate” claims of worker exploitation made by Britain’s Channel 4 News in an investigative report aired on Tuesday.
In a statement yesterday, the world’s largest glove maker said many of the allegations are historical and that significant improvements have already been made.
Astro’s 1QFY21 net profit more than halved to RM73.84mil from RM176.20mil a year ago, amid higher unrealised foreign exchange (forex) losses and a decline in revenue, as advertisers pulled back spending during the pandemic outbreak and subsequent movement control order (MCO).
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