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buy apple developer account :Trading ideas: Hartalega, IGB Reit, Bioalpha, Key ASIC, KNM, Kerjaya


KUALA LUMPUR: JF Apex Research expects Hartalega Holdings Bhd, IGB Real Estate Investment Trust, Bioalpha Holdings Bhd, Key Asic Bhd, KNM Group Bhd and Kerjaya Prospek Group Bhd to be among the stocks to watch on Tuesday. Hartalega announced its 3QFY21 net profit leapt to a record high of RM1bil, up nearly 84% against RM544.96mil in 2QFY21. Hartalega also declared a second interim dividend of 9.65 sen, bringing the cumulative dividend payout for its 9MFY21 to 15.6 sen, versus the 5.5 sen registered in 9MFY20. IGB REIT’s net property income for its 4QFY20 slipped 3.12% year-on-year, mainly due to a higher allowance for impairment of trade receivables. Bioalpha announced that it has entered into a two-year procurement and distribution agreement with Shanghai Bukun Trading Co Ltd for the procurement and distribution of vaccines in Malaysia, which include the Covid-19 vaccine developed by Sinovac Biotech Co Ltd. Key ASIC's wholly owned subsidiary Key ASIC Semiconductor Ltd has entered into a contract worth US$5.25mil (approximately RM21.22mil) with Canvas Technology Pte Ltd. The project entails the technology and design of internet protocol development and licensing. KNM's Italian unit has clinched RM30.22mil in contracts for a plant in the United States. Sunsuria is disposing of two parcels of agricultural land in Kuala Lumpur to Kerjaya Prospek Property for a total of RM30.14mil. Bintai Kinden is teaming up with Australian-based company, International Equities Corp Ltd, to jointly undertake two mixed property development and management projects with healthcare facilities and wellness services in Melaka and Penang. Koon Hoi Chun via AKK Capital Sdn Bhd is buying a 60.41% stake in carpet maker Paragon Union from major shareholders in an off-market deal which led to a planned unconditional mandatory takeover offer from the buyer to acquire the remaining shares in Paragon Union at 55 sen each. Censof has proposed a private placement to raise up to RM25.09 million, partly to fund the acquisition of an additional stake in a subsidiary. The group said it is placing out up to 100.35 million new shares or 20% of its shareholding to third-party investors. The indicative issue price of the placement shares is 25 sen apiece, it said. DNeX has inked a consortium agreement with PT Infrastruktur Telekomunikasi Indonesia to maintain submarine cables there. Tasco has proposed to undertake a share split involving the subdivision of every one existing ordinary share into four subdivided ordinary shares. Meanwhile, US markets ended mixed with the Dow falling but the S&P and Nasdaq rose to record highs following corporate earnings announcements. Earlier, European stocks declined amid the coronavirus and lower business climate in Germany. “Following the recent lacklustre performance, the FBM KLCI could extend its selldown and test the support of 1,570 points,” JF Apex said.

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