KUALA LUMPUR: JF Apex Research expects Microlink Solutions Bhd
, CB Industrial Product Holding Bhd, Prestar Resources Bhd, Asia Poly Holdings Bhd and Serba Dinamik Holdings Bhd to be among the stocks to watch on Friday.
Microlink Solutions has proposed to undertake a bonus issue on the basis of three bonus shares for every one existing ordinary share on an entitlement date to be determined later.
CB Industrial Product’s first quarter net profit rose 51.2% year-on-year, mainly due to higher contribution from its palm oil equipment and engineering segment, and palm oil plantations segment, as well as improved share of results of associates and joint ventures.
Prestar Resources has proposed to undertake a bonus issue of up to 135.48 million shares on the basis of three bonus shares for five existing shares on an entitlement date to be determined later.
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