KUALA LUMPUR: Stocks to watch on Monday include Axiata Group Bhd, RHB Bank Bhd, VS Industry Bhd, Berjaya Corp Bhd and Berjaya Land Bhd, according to JF Apex Research.
Axiata and RHB Bank are among the front runners to win one of five coveted digital banking licences in the country, which could unlock a slice of the booming e-commerce market, based on a news report.
VS Industry saw its net profit in its 2QFY22 declined by 30% year-on-year no thanks to lower orders for printed circuit board assembly from key customers during the current quarter, coupled with disruption in the global supply chain which affected the supply of components.
Berjaya Corp’s subsidiary Berjaya Enviro Holdings Sdn Bhd (BEnviro) is teaming up with Qhazanah Sabah Bhd, the Sabah State government’s strategic investment arm, to develop and modernise waste management facilities in Sabah.
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