KUALA LUMPUR: JF Apex Research expects MI Technovation Bhd, T7 Global Bhd
, Stella Holdings Bhd, Focus Dynamics Group Bhd and Mr DIY Group M Bhd to be among the stocks to watch on Friday.
Mi Technovation has subscribed for a 45 million yuan (RM29.36mil) increase in the capital of Talentek Microelectronics (Hefei) Ltd, as part of its efforts to set its foothold in the semiconductor final test segment in China.
The deal will see Mi Technovation, through its wholly-owned unit Suzhou Mi Equipment Co Ltd (Mi Equipment China), becoming a 22.64% shareholder in Talentek for nine million yuan, whereas another 36 million yuan will be utilised as capital expenditure and working capital.
T7 Global’s 60% unit T7 Kilgour Sdn Bhd has secured multiple purchase orders from overseas manufacturers to provide metal surface treatment services for aerospace parts.
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