KUALA LUMPUR: Stocks to watch on Monday include Bertam Alliance Bhd, Careplus Group Bhd, OCK Group Bhd, Wegmans Holdings Bhd and Berjaya Food Bhd.
Bertam Alliance’s indirect wholly-owned subsidiary MV Properties Sdn Bhd (MVSB) is being sued by the Inland Revenue Board (IRB) for RM17.67mil in outstanding tax payments, inclusive of penalties for the assessment year 2017.
Careplus has proposed to acquire a piece of industrial land in Rembau, Negeri Sembilan for RM23mil cash to expand its glove manufacturing facilities.
Wegmans has proposed a bonus issue of warrants on the basis of one free warrant for every four shares held, with an exercise price of 23.5 sen per share.
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