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KUALA LUMPUR: Sime Darby Plantation, Uzma, AME Elite Consortium and Stella Holdings are among the stocks which could see trading interest on Thursday following their corporate news, JF Apex Research says.
KUALA LUMPUR (Dec 30): Based on corporate announcements and news flow today, companies in focus tomorrow (Dec 31) may include: Sime Darby Plantation Bhd, Tompyak Holdings Bhd, Alliance Bank Malaysia Bhd, AME Elite Consortium Bhd, UEM Sunrise Bhd, Eco World Development Bhd, Uzma Bhd, G Capital Bhd, FGV Holdings Bhd, Stella Holdings Bhd, Willowglen MSC Bhd and K-One Technology Bhd.
The United States has banned imports of palm oil from Malaysian producer
Sime Darby Plantation Bhd over allegations of forced labour in the production process, according to the US Customs and Border Protection. The agency said it has issued a withhold release order , which will allow it to detain shipments based on suspicion of forced labour involvement under long-standing US laws aimed at combating human trafficking, child labour and other human rights abuses.
KUALA LUMPUR (Dec 30): Integrated industrial space solutions provider AME Elite Consortium Bhd is aiming to generate more than RM1.5 billion in gross development value (GDV) through its 169.8-acre land acquisitions in the Southern Industrial and Logistics Clusters (SiLC) in Iskandar Puteri, Johor Bahru.
In a bourse filing today, AME Elite said its units Pentagon Land Sdn Bhd and Greenhill SILC Sdn Bhd had entered into two sales and purchase agreements with UEM Land Bhd and Nusajaya Heights Sdn Bhd, both wholly-owned subsidiaries of UEM Sunrise Bhd.
The total purchase consideration of the proposed land acquisitions amount to RM434.3 million.
The new lands are located near AME Elite’s i-Park @ SiLC industrial park, which was completed in 2013, and approximately 30 minutes from its ongoing integrated industrial park developments, namely i-Park @ Indahpura and i-Park @ Senai Airport City.
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