KUALA LUMPUR: Stocks to watch on Monday include KNM Group Bhd, TIME Dotcom Bhd, Hibiscus Petroleum Bhd, One Glove Group Bhd, Dolphin International Bhd and Hexza Corp Bhd, according to Apex Securities.
KNM says the postponed court-convened meeting on Oct 12 to a later date was ordered by the Court to address the concerns of the minority of creditors in value.
The Employees Provident Fund (EPF) has raised its stake in TIME to 9% after acquiring a 1.47% stake in the telecommunications service provider and data centre operator.
Hibiscus’ wholly owned unit Anasuria Hibiscus UK Ltd has received conditional approval for its proposed acquisition of a 42.5% stake in Rapid Oil Production Ltd’s licence for an undeveloped oil field known as Fyne Field.
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