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KUALA LUMPUR: JF Apex Study expects Willowglen MSC Bhd, Petronas Chemical substances Neighborhood Bhd (PetChem), Kerjaya Prospek Neighborhood Bhd, George Kent (M) Bhd, World Oriental Bhd and Inexperienced Packet Bhd to be among the many shares to stare on Tuesday. Willowglen MSC has been awarded a contract price RM6.11mil by Singapore’s SP PowerAssets Ltd for the excellent maintenance of a cable oil drive monitoring arrangement, as successfully as the arrangement’s migration. PetChem introduced that it has obtained a 50% stake in Germany’s PCC SE’s Malaysian unit, PCC Oxyalkylates Malaysia Sdn Bhd (PCC-OM), marking its entry into the growing oxyalkylates market. Kerjaya Prospek has secured a RM154.4mil contract to assemble a non permanent coastal protection development for phases 2B and 2C of the Seri Tanjung Pinang (Piece 2) reclamation mission in Tanjung Tokong, Penang. World Oriental is teaming up with a South Korean company to salvage opportunities in the distribution of the latter’s nano bubble merchandise in Malaysia and Singapore. George Kent’s 2QFY21 procure earnings jumped 135% year-on-year as work orders persevered to reach in beneath its water metering change, despite change closures right thru the federal government’s slide withhold watch over expose (MCO). Inexperienced Packet has teamed up with German reinsurer Hannover RE for a commercial quick utilization-based mostly insurance protection telematics programme in Malaysia. Sasbadi plans to determine on out up to RM5.79mil by job of interior most placement to fund the maintenance and enhancement of the community’s digital finding out change and English upskilling merchandise. In a single day, US markets ended greater on Monday as funding sentiment turned into as soon as boosted by sure news on the vaccine front. Similarly, European shares ended the day in the fairway on Monday, after a blended session that got here on the encourage of a resumption of coronavirus vaccine trials. “We expect the native bourse to tread cautiously, looking ahead to the discharge of Chinese language financial files for August. “Our resistance and toughen level are at 1,475 and 1,550 capabilities respectively,” JF Apex stated.

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