KUALA LUMPUR: The trading stock of companies in the spotlight include Marine & General, MAHB, Ajiya
, Chin Hin, Bina Puri, SSF and Green Packet, said Apex Securities Research.
Marine & General Bhd through its wholly-owned subsidiary TKH Marine (L) Ltd has disposed of a vessel, JM Sutera 7, to Narsimhaa Shipping Inc, Liberia, for a cash consideration of US$5.8 million (RM27.2 million).
Malaysia Airports Holdings Bhd (MAHB) saw a 22.3% year-on-year (y-o-y) increase in passenger movement in both its Malaysian and Turkish airport network, reaching 9.6 million passengers in November, compared to 7.86 million in the same month the previous year.
Independent adviser BDO Capital Consultants Sdn Bhd recommended that shareholders of Ajiya Bhd accept the unconditional voluntary takeover bid by Chin Hin Group Bhd and other joint offerors, deeming the offer price of RM1.53 per share as "not fair, but reasonable.
Bina Puri Holdings Bhd, whose share price more than doubled this year, fell as much as 15.79% to a low of eight sen on Tuesday, following its proposal to raise up to RM75.62 million through a private placement after undertaking a consolidation of every five shares into one share.
SSF Home Group Bhd booked its first net loss since its listing in October after it posted a net loss of RM3.64 million in the second quarter ended Oct 31, 2023, mainly due to one-off listing expenses of approximately RM3.2 million incurred for the current quarter.
Green Packet Bhd has announced the resignation of its executive director Leong Seng Wui effective Dec 29.
