KUALA LUMPUR: BP Plastics, Solarvest, MMC, Cypark and Sapura Energy are among the stocks to watch on Friday after their corporate news, JF Apex Research said.

       BP Plastics has proposed a bonus issue of one new share for every two shares held as well as free bonus warrants on the basis of one warrant for every five shares held.

       Solarvest has secured a contract from NEFIN Solar Asset 2 Sdn Bhd worth RM22.2 million; MR DIY is driving growth with the opening of 35 new stores in seven states across Malaysia.

       In a statement, the group said the new stores comprise 14 MR DIY outlets, three MR DIY Express, six MR TOY and 12 MR DOLLAR stores, bringing the total number of stores across the group to 830.

       Suria Capital and Gabungan AQRS have scrapped plans to jointly develop a mixed development known as One Jesselton Waterfront on 6.28 acres of land in Kota Kinabalu, Sabah — six years after the agreement was inked.

       Marine & General’s external auditor has issued an unqualified opinion with material uncertainty related to its ability to continue as a going concern.

       MMC shareholders on Thursday approved its controlling shareholder Tan Sri Syed Mokhtar Albukhary's plan to take the company private.

       Ta Win has called off the memorandum of understanding with RR One Capital effective Thursday, after parties were unable to conclude the discussions with details and terms of a proposed joint venture.

       NPC Resources is proposing to dispose of a total of 2,105 acres of oil palm land in Sabah to Kretam for RM52.72 million.

       Cypark has posted a net profit of RM16.68 million for the third quarter ended July 31, 2021, 3.3% higher than RM16.15 million in the same period last year but down 7.3% from RM18 million in the preceding quarter.

       Sapura Energy saw its net loss widen to RM1.52 billion in 2QFY22 from RM97.07 million in the preceding quarter due to recognition of foreseeable losses and higher project costs pursuant to the pandemic.