KUALA LUMPUR: Investors could be eyeing Datasonic, Asia Poly , Bintai Kinden , CTOS, British American Tobacco , Carlsberg, Hibiscus Petroleum, Kobay Technology and Kossan, said JF Apex Research.

       Datasonic has bagged an RM50.12mil contract to supply the National Registration Department with MyKad, MyTentera and MyPOCA raw cards and consumables.

       Asia Poly said it had spent 5.2% or RM7.52mil of its net assets to acquire 51.1 million shares or a 1.5% equity interest in Ta Win Holdings Bhd , bringing the former’s stake to 191 million shares or 5.59% of the latter’s total issued shares.

       The company said that it had acquired Ta Win shares for the purpose of investment.

       Bintai Kinden has emerged as a substantial shareholder in Malaysian Genomics Resource Centre Bhd with a 5.03% stake, after acquiring 6.25 million shares.

       CTOS plans to raise RM270 million via a private placement of up to 166.67 million new shares at an indicative RM1.62 each to fund its acquisition of Juris Technologies Sdn Bhd and Business Online Public Co Ltd as well as other investments to further grow its business.

       British American Tobacco will be in the limelight following a new law will be introduced to ban smoking and possession of tobacco products, including vape, for the generation born after 2005.

       Carlsberg saw its 4Q21 net profit rise 88.21% yoy underpinned by higher profit contributions from its operations in Malaysia.

       Hibiscus Petroleum’s 2QFY22 net profit quadrupled to RM48.49 million, on the back of improved operational performance and higher crude oil prices.

       Kobay Technology’s 2QFY22 net profit more than doubled to RM14.52 million from RM5.95mil a year prior, on the back of its manufacturing segment’s strong performance.

       Kossan has reported a 60% yoy plunge in its 4Q21’s net profit on lower sales and normalisation of the average selling price (ASP) across its glove.

       Meanwhile, JF Apex expects profit-taking on Bursa Malaysia to kick in with the FBM KLCI retreat to 1,570 points following a bearish performance on Wall Street.

       The US market plunged overnight amid ongoing geopolitical tension between Russia and Ukraine as well as concerns over the Federal Reserve's upcoming rate hikes.

       Similarly, European stocks tumbled over concerns of Russia invading Ukraine and a slew of corporate earnings.