KUALA LUMPUR: Stocks that could be in focus on Tuesday include Bumi Armada
, Yinson, Citaglobal, Crest Builder, SMTrack and Rex Industry, said Apex Research.
Bumi Armada Bhd said its Armada Kraken floating production storage and offloading (FPSO) vessel operating in the UK North Sea has been shut-in due to a technical failure, and is expected to have a material impact on its financials.
Yinson Holdings Bhd is exercising a call option to acquire the entire 100% in floating production, storage and offloading unit (FPSO) Atlanta for up to RM402.36 million.
Citaglobal Bhd’s wholly-owned unit has served a notice of adjudication against IJM Construction Sdn Bhd, claiming RM20.82 million allegedly owed for work done in constructing part of the West Coast Expressway.
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