KUALA LUMPUR: Stocks with recent corporate announcements that could be in the spotlight include Digi, Axiata, TM, Maxis, AirAsia X, Capital A, Bursa Malaysia, Serba Dinamik, Hextar, Pecca and Alam Maritim, said Apex Research.
The research house said in a note Digi.com Bhd, Axiata Group Bhd and U Mobile Sdn Bhd have joined Telekom Malaysia Bhd (TM) in announcing that they have each executed an agreement to access DNB 5G single wholesale network while Maxis Bhd is still assessing the governance requirements for the 5G access agreement
AirAsia X Bhd (AAX), the medium haul, low-cost affiliate of Capital A Bhd, announced the resignation of Tan Sri Tony Fernandes as its acting group chief executive officer with immediate effect.
Bursa Malaysia Bhd’s 3Q22 net profit dropped 37.29% YoY to RM50.13 million.
Serba Dinamik Holdings Bhd has defaulted in its payment due on Oct 6 with regards to a US$43 million invoice financing and commodity murabaha facility
Hextar Technologies Solutions Bhd received its second unusual market activity (UMA) query in less than two weeks over the sharp rise in its share price.,
Pecca Group Bhd plans to acquire a 80% stake in an Indonesian car leather upholstery maker firm for RM1.94m.
Alam Maritim Resources Bhd said it is deemed a PN17 issuer after its external auditor expressed a disclaimer of opinion in the group’s audited accounts.
Meanwhile, Apex said the FBM KLCI could pull back and consolidate below the resistance of 1,462 points following the decline in Wall Street.
The US market declined overnight ahead of the Federal Reserve's two-day policy meeting where it is expected to raise interest rates by another 75 basis points on Wednesday.
Earlier, European stocks rose despite higher inflation and slower GDP data.