KUALA LUMPUR: Stocks in focus on Monday include UEM Sunrise
, Pestech, Glostrext, Axis REIT, KIP REIT, Mestron, TNB, Unique Fire and MAHB, said Apex Securities.
UEM Sunrise Bhd is disposing of a 6% stake in Nusajaya Lifestyle Sdn Bhd (NLSB) for RM8.92 million.
Pestech International Bhd has been issued a notice of arbitration from Syarikat Pembinaan Yeoh Tiong Lai (SPYTL) under the Asian International Arbitration Centre.
Glostrext Bhd is buying a 1,735-sq-ft office space in Singapore for S$750,000 (RM2.61 million).
Axis Real Estate Investment Trust (Axis REIT) has obtained a judgement in default against its former tenant at Axis Steel Centre @ SiLC in Nusajaya, Johor, over a default on rental payments and unexpired future rental payments amounting to RM110 million.
KIP Real Estate Investment Trust (REIT) reported a 15.2% surge in net property income (NPI) for the first quarter ended Sept 30, 2023 (1QFY24).
Mestron Holdings Bhd has bagged a RM59.99 million contract from Sunview Group Bhd for a large-scale solar project, increasing its renewable energy order book value to RM71 million.
Khazanah Nasional Bhd disposed of a 0.93% stake in Tenaga Nasional Bhd (TNB) for RM530.28 million earlier last week.
Unique Fire Holdings Bhd has proposed a bonus issue of 200 million free warrants on the basis of one warrant for every two existing shares held.
Malaysia Airports Holdings Bhd (MAHB) said the total local passenger movements in the third quarter of this year reached 21.7 million, a more than 80% recovery in total quarterly traffic for the first time since the same period in September 2019.
