Datasonic Group Bhd has bagged six month contracts to supply Malaysian passports as well as MyKad, MyTentera and MyPOCA from the Home Ministry, for RM163.64 million. (NST)

SBH Marine Holdings Bhd has received approval from Bursa Malaysia Securities Bhd for its listing on the ACE Market of Bursa Malaysia.

Kimlun Corporation Bhd (KICB) and KKB Engineering Bhd are two cmpanies which RHB Research believes will benefit from new paclages which emerge from the Kuching Autonomous Rapid Transit (ART) project. (NST)

Minetech Resources Bhd’s shares rose by as much as 1.5 sen or 6.82% to 23.5 sen — its highest since closing at 23.5 sen on Feb 17, 2021 — in active trade on Tuesday morning, after its newly appointed executive chairman and largest shareholder Abang Abdillah Izzarim Abang Abdul Rahman Zohari increased his stake in the company to 16.34%.  (TheEdge)

RHB Retail Research said Supermax Corporation Bhd is in a position for an uptrend reversal, as it rebounded above the 21-day simple moving average (SMA) line while reclaiming above the RM1 mark recently. (TheEdge)

TA Securities is positive on Capital A Bhd’s move to dispose of its aviation business to AirAsia X Bhd (AAX) as it is necessary to uplift Capital A from its Practice Note 17 (PN17) status. (TheStar)

RHB Retail Research said Careplus Group Bhd is in the midst of resuming its uptrend from the recent pullback as it rebounded and consolidated above the rising 21-day simple moving average (SMA) line recently, with an eye towards the 45.5 sen immediate resistance. (TheEdge)

Hong Leong Investment Bank Research (HLIB) has maintained its "buy" rating on OSK Holdings Bhd, with a higher target price of RM2.04 (from RM1.77) based on a 30% discount to a revised sum of part-derived valuation of RM2.91. (TheEdge)

Maybank Investment Bank (Maybank IB) expects a flattish quarter (4Q2023) for Press Metal Aluminium Holdings Bhd, while maintaining a cautious outlook on the challenging aluminium market. (TheEdge)

Source: New Straits Times, The Edge Markets The Star 09 January 2024

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