KUALA LUMPUR: JF Apex Research expects MCE Holdings Bhd, Kanger International Bhd
, Uzma Bhd and G Capital Bhd to be among the stocks to watch on Tuesday.
MCE’s 2QFY22 net profit jumped 232.45% year-on-year to RM3.27mil, from RM983,000 a year earlier, on higher revenue and improved operating efficiency.
MCE also said its unit Multi-Code Electronics Industries (M) Bhd has secured contracts to supply various mechanical parts for new Perodua car models with an expected RM11.47mil to be generated in revenue.
Kanger International is disposing of China-based bamboo flooring company Ganzhou Kanger Industrial Co Ltd for 30.22 million yuan (RM20mil), as it seeks to streamline its business to focus on the construction business.
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