Trading ideas: Kossan, Caely, Axiata, Digi, TSR Capital and LKL International


KUALA LUMPUR: Shares to enjoy for on Monday pursuing company announcements incude Kossan, Caely, Axiata, Digi, TSR Cash and LKL Global, claimed JF Apex Investigate.

Kossan Rubber Industries Bhd founder Tan Sri Lim Kuang Sia had in recent times lifted his indirect stake in the rubber glove company immediately after shopping for 7.06 million shares.

Datuk Jovian Mandagie reported lingerie maker Caely Holdings Bhd made a fake announcement to Bursa Malaysia about his alleged appointment as the govt vice chairman.

Axiata Group Bhd and Bhd are extending the deadline to fulfil disorders that have been set out in their merger arrangement from 22 June to 31 Dec this calendar year.

TSR Cash Bhd is providing a assets in Port Dickson to Malaysia’s McDonald’s licensee Gerbang Alaf Places to eat Sdn Bhd for RM6mil.

LKL International Bhd has proposed to undertake a renounceable rights issue with free of charge warrants to increase up to RM58.3mil to fund its diversification into the pharmacy company.

In the meantime, JF Apex explained the FBM KLCI could continue being pressured with assistance at 1,450 details next the recent uncertainty.

The US market place ended blended on Friday with the Dow declining a bit whilst the S&P and Nasdaq climbed amid fears of an economic slowdown.

Likewise, European shares ended up combined as central banking institutions hiked curiosity charges in reaction to the US Federal Reserve’s charge hike.

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