KUALA LUMPUR: VS Industry, Bintai Kinden, Sentoria and APFT are among the stocks to watch on Monday after their corporate announcements last week, JF Apex Research says. VS Industry has set aside RM200mil for FY21 to expand and enhance its capacity and capabilities. A subsidiary of Bintai Kinden has been appointed by South Korea’s SLAB Asia Co Ltd, as the exclusive distributor for the Greenie Medi Cold Chain Box designed for the storage and distribution of Covid-19 vaccines in Malaysia. Sentoria is selling two parcels of land measuring 747,069 sq m collectively in Kedah for RM27.9mil to repay bank borrowings. APFT will be delisted from Bursa Malaysia on Wednesday, after the bourse dismissed the company’s appeal for an extension of time to submit its regularisation plan for approval. Axiata denies part-financing Nepali local partner’s purchase of stake in Ncell. Genting unlocked the value of life science division via potential listing of the special purpose acquisition company. EPF’s stake in Top Glove fell below 5% as it loan out more script for regulated short selling.
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