KUALA LUMPUR: UMW Holdings Bhd
, HB Global Ltd, Sarawak Consolidated Industries Bhd (SCIB), Lambo Group Bhd, UmediC Group Bhd (UMC), Bioalpha Holdings Bhd, Kanger International Bhd and EITA Resources Bhd are among the stocks to watch on Tuesday.
UMW has proposed to dispose of a 22.22-acre industrial leasehold land within the UMW High Value Manufacturing Park in Serendah, Selangor to Perusahaan Otomobil Kedua Sdn Bhd (Perodua) in a related party transaction for RM52.27mil cash.
HB Global’s proposed acquisition of frozen meat and poultry products trader KK Fresh Frozen Sdn Bhd for RM30mil has collapsed, as the specified conditions precedent within the conditional period were not fulfilled.
SCIB has secured a sub-contract worth an estimated RM16.8mil in a construction project for the Sarawak police air operation force.
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