KUALA LUMPUR: Stocks to watch on Monday include Dutch Lady Milk Industries Bhd, Kim Hin Joo (M) Bhd, AT Systemisation Bhd, Mynews Holdings Bhd, Leong Hup International Bhd, APM AUTOMOTIVE HOLDINGS BHD and IJM Corp Bhd, according to JF Apex Research.
AT Systematization is acquiring industrial glove maker Pearl Glove Sdn Bhd (PGSB) for RM22mil cash.
MRCB’s net profit more than tripled to RM15.65mil in 1QFY20, from RM4.14mil a year ago, mainly due to higher contribution from its property and investment segment.
Dutch Lady’s net profit tumbled 33.02% to RM22.73mil in 1QFY20 from RM33.9mil a year earlier, on lower revenue and amid higher dairy raw material prices.
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