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KUALA LUMPUR: JF Apex Research expects Uzma, Signature International, Cocoaland and Barakah to see trading interest on Tuesday following the fresh corporate news.

Uzma, the group has secured two contracts from Petronas Carigali Sdn Bhd for the provision of aviation services, collectively worth RM166.5mil.

Signature International’s 3QFY15 net profit up 225% on-year on higher revenue from its kitchen and wardrobe segment and improved margin. The group also proposed a first interim dividend of four sen per share for FY15.

Cocoaland rejected Navis Asia Fund VII, LP's takeover offer of RM377.52mil or RM2.20 per share.

FGV, the group decided to venture into the Philippines markets to supply its premier oil palm seeds to planters in Mindanao.

Barakah bagged a contract from Sarawak Shell Bhd and Sabah Shell Petroleum Co Ltd to supply equipment which would be used to ensure the smooth flow of oil and gas.

On Monday, the FBM KLCI plunged 20.12 points to 1,767.38. Following the bearish sentiment and lack of positive leads, the KLCI is expected to remain lacklustre with support at 1,760.

http://www.thestar.com.my
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