December 10, 2022

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Trading ideas: Gadang, Hibiscus Petroleum, MSM Malaysia, Jade Marvel, Tambun Indah and Green Packet

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KUALA LUMPUR: Traders could be eyeing rate actions in Gadang, Hibiscus Petroleum, MSM Malaysia, Jade Marvel, Tambun Indah and Environmentally friendly Packet, reported JF Apex Study.

Gadang Holdings Bhd said it is undertaking subcontract is effective for a whole sum of RM680mil in the Speedy Transit Method Connection challenge connecting Johor Bahru to Singapore.

Hibiscus Petroleum Bhd stated it is dedicated to resolving the point out revenue tax problems with the Sabah authorities.

MSM Malaysia Holdings Bhd strategies to build strategic warehouses in East Malaysia with sufficient buffer stockpile.

Jade Marvel Team Bhd has proposed to diversify its business enterprise to mine iron ores, dolomite, sand and other minerals.

Tambun Indah Land Bhd has declared a initial and final dividend of 5.9 sen for each share for FY21.

Environmentally friendly Packet founder gets individual bankruptcy notices for failure to settle RM30.66mil sum.

In the meantime, JF Apex said the FBM KLCI could climb in direction of its resistance of 1,460 details adhering to gains on Walls Avenue.

The US market rallied right away adhering to far better-than-anticipated company earnings.

Similarly, European shares advanced to prolong its optimistic momentum after new quarterly outcomes.

Traders will be anticipating the end result of the European Central Bank’s coverage conference tomorrow.