, China Automobile Parts, Vortex and Lotte Chemical Titan, says JF Apex Research.Malayan United Industries has proposed to undertake an RM3.07bil capital reduction exercise to offset RM3.06bil in accumulated losses as at Dec 31, 2021.
Coastal Contracts is selling one offshore support vessel and two other vessels for an aggregate value of RM109.7mil.
The integrated marine oil and gas service provider said the transactions are expected to contribute positively to the earnings of the group for the financial year ending June 30, 2022.
China Automobile Parts has received yet another reprieve by Bursa Securities from being delisted, after it managed to issue its annual report for the FY21 for public release.
As a result, trading in the company's shares will resume on Friday (March 4).
Vortex plans to acquire a Johor-based company for RM21.03mil to diversify into the oil palm plantation business.
Lotte Chemical Titan has declared a final dividend of 21 sen per share for the FY21.
The group said the dividend of 21 sen per share will be paid on April 13, with an ex-date of March 21.