CTOS Digital Bhd's net profit for the second quarter ended June 30, 2022 jumped 89.86% to RM22.48 million from RM11.84 million a year ago, underpinned by a substantial jump in other income and share of profits of associates.
DESPITE having just embarked on some significant mergers and acquisitions (M&As), CTOS Digital Bhd is still in an acquisitory mood and is eyeing a more significant stake in companies to create additional value.
KUALA LUMPUR: Stocks with recent corporate announcements to watch for on Thursday include Top Glove, CTOS Digital, Comfort Gloves and Nexgram, said JF Apex Research.
CTOS Digital Bhd has increased its associate stake in Thailand-based Business Online Public Company Ltd (BOL) to 24.825% from 22.65% previously, as the group continues to strengthen its presence in Thailand as part of its regional expansion strategy.
Based on corporate announcements and news flow today, companies that may be in focus on Monday (Aug 9) include: MyEG Services Bhd, AirAsia Group Bhd, Boustead Plantations Bhd, Cahya Mata Sarawak Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, CTOS Digital Bhd, IOI Corp Bhd, Inari Amertron Bhd, Tiong Nam Logistics Holdings Bhd and Scanwolf Corp Bhd.