Trading ideas: Kossan, Caely, Axiata, Digi, TSR Capital and LKL International

KUALA LUMPUR: Stocks to watch for on Monday subsequent corporate bulletins incude Kossan, Caely, Axiata, Digi, TSR Funds and LKL Worldwide, stated JF Apex Exploration.

Kossan Rubber Industries Bhd founder Tan Sri Lim Kuang Sia had in the latest times raised his oblique stake in the rubber glove manufacturer just after shopping for 7.06 million shares.

Datuk Jovian Mandagie reported lingerie maker Caely Holdings Bhd built a wrong announcement to Bursa Malaysia regarding his alleged appointment as the executive vice chairman.

Axiata Group Bhd and Digi.com Bhd are extending the deadline to fulfil problems that have been established out in their merger arrangement from 22 June to 31 Dec this calendar year.

TSR Capital Bhd is promoting a home in Port Dickson to Malaysia’s McDonald’s licensee Gerbang Alaf Restaurants Sdn Bhd for RM6mil.

LKL International Bhd has proposed to undertake a renounceable legal rights challenge with no cost warrants to elevate up to RM58.3mil to fund its diversification into the pharmacy business.

Meanwhile, JF Apex claimed the FBM KLCI could continue being pressured with assistance at 1,450 factors adhering to the current uncertainty.

The US current market ended mixed on Friday with the Dow declining somewhat when the S&P and Nasdaq climbed amid issues of an economic slowdown.

Equally, European stocks have been blended as central banking institutions hiked fascination premiums in response to the US Federal Reserve’s charge hike.