KUALA LUMPUR: Stocks to watch on Monday include JHM Consolidation Bhd
, Sedania Innovator Bhd and Serba Dinamik Holdings Bhd, according to JF Apex Research.
Jakel Group managing director Datuk Mohamed Faroz Mohamed Jakel has emerged as a substantial shareholder in Sedania Innovator, after acquiring 43.53 million shares or a 12.55% stake in the group.
JHM Consolidation is eyeing to acquire a nine-acre piece of land in the Batu Kawan Industrial Park in Penang for RM21.6mil as part of its expansion into the telecommunication equipment industry.
Serba Dinamik said its non-independent non-executive director Datuk Abdul Kadier Sahib, who is also the second largest shareholder, has proposed to remove KPMG PLT as the company’s external auditor.
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