Trading ideas: KNM, KPJ, BHIC, MRCB. SNS Network, ICT Zone and MYEG

TheStar Mon, Feb 19, 2024 08:53am - 3 months View Original


KUALA LUMPUR: Stocks that could see increased trading interest include KNM, KPJ, BHIC, MRCB. SNS Network, ICT Zone and MYEG, said Apex Securities Research.

KNM Group Bhd has received two "binding and irrevocable offers” for the proposed disposal of KNM Europa BV's entire stake in FBM Hudson Italiana SpA (FBM Hudson) for a total "indicative consideration” of up to 16.5 million euros (one euro = RM5.14).

KPJ Healthcare Bhd's net profit rose nearly 16% in the fourth quarter ended Dec 31, 2023 from a year earlier thanks to higher patient numbers and tax writeback.

The proposed disposal of Boustead Heavy Industries Corp Bhd (BHIC)'s 20.77% stake in the troubled Boustead Naval Shipyard Sdn Bhd (BNS) to the Ministry of Finance (Inc) for RM1 has been extended for the fifth time, to March 31.

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Related Stocks

BHIC 0.480
BURSA 8.290
ICTZONE 0.215
KNM 0.075
KPJ 2.000
MRCB 0.715
MYEG 1.020
SNS 0.500

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