KUALA LUMPUR: Stocks that could appear on investors' radar screen on Thursday include Kerjaya Prospek Group, Ocean Vantage Holdings Bhd, Capital A, TAFI Industries, LKTM, Transocean Holdings and Public Packages Holdings, said JF Apex Research.
Kerjaya Prospek Group Bhd won an RM265mil contract to undertake main building work for a proposed development project in Penang from Eastern & Oriental Bhd.
Ocean Vantage Holdings Bhd has secured an RM71.3mil contract to provide civil, building and piling works for a new onshore gas plant in Sarawak, owned by Petronas.
Capital A Bhd has filed motions for leave to appeal to the Federal Court against the dismissal of its bids to strike out a suit filed by MAHB over outstanding passenger service charges, as well as the summary judgment granted to the MAHB in the case for a total of RM41.55mil,
Tafi Industries Bhd was awarded a RM9.5mil contract for the construction of a single-storey factory and warehouse together with a two-storey office building in Kuala Langat, Selangor.
LTKM Bhd will be suspended today and tomorrow pending a material announcement.
Transocean Holdings Bhd was issued an unusual market activity query by Bursa Malaysia following a surge in its share price and trading volume.
Public Packages Holdings Bhd has proposed a bonus issue of up to 75.57 million shares on the basis of two bonus shares for every five shares held.
Meanwhile, JF Apex maintained that the FBM KLCI could remain sideways below the resistance of 1,620 points following the negative performance on Wall Street overnight.
The US market extended its losses for a second day after minutes from the Federal Reserve's meeting showed the central bank plans ot reduce bond holdings by US$95bil and indicated rate hikes of 50 basis points.
In Europe, stocks declined sharply after hawkish comments from the Fed and further sanctions against Russia.