a day ago
Trading ideas: Yinson, 99 Speed Mart, Sealink, Citaglobal, Chin Well
KUALA LUMPUR: Here are some stocks that could see trading interest today following their latest news, including Yinson Holdings Bhd , 99 Speed Mart Retail Holdings Bhd, Sealink International Bhd , Citaglobal Bhd , and Chin Well Holdings Bhd .
Yinson has clarified that it is not in discussions with any third parties regarding a buyout exercise.
However, the group said its executive chairman, Lim Han Weng, is currently engaged in 'exploratory discussions' with various parties concerning potential corporate proposals related to its shareholding.
The Employees Provident Fund (EPF) has acquired a 5.02% stake in 99 Speed Mart through a direct off-market transaction.
Citaglobal has appointed 27-year-old Tengku Muhammad Iskandar Ri'ayatuddin Shah (Tengku Arif Bendahara) as an independent and non-executive director.
Tengku Arif Bendahara is the son of the Sultan of Pahang, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah.
Sealink announced that access to its vessel, which was damaged by a fire in Brazil last month, remains restricted due to the current site conditions.
As a result, the company said that a full on-site assessment of the vessel and the extent of the damage has been delayed.
Overnight, the S&P 500 climbed 0.09% to end the session at 6,005.88 points.
The Nasdaq gained 0.31% to 19,591.24 points, while the Dow Jones Industrial Average ended essentially unchanged at 42,761.76 points.
