Trading ideas: Kossan, Caely, Axiata, Digi, TSR Capital and LKL International

KUALA LUMPUR: Shares to look at for on Monday pursuing company bulletins incude Kossan, Caely, Axiata, Digi, TSR Capital and LKL Worldwide, mentioned JF Apex Investigate.

Kossan Rubber Industries Bhd founder Tan Sri Lim Kuang Sia experienced in new times lifted his oblique stake in the rubber glove maker following obtaining 7.06 million shares.

Datuk Jovian Mandagie explained lingerie maker Caely Holdings Bhd manufactured a bogus announcement to Bursa Malaysia about his alleged appointment as the govt vice chairman.

Axiata Group Bhd and Digi.com Bhd are extending the deadline to fulfil disorders that have been established out in their merger arrangement from 22 June to 31 Dec this calendar year.

TSR Funds Bhd is selling a residence in Port Dickson to Malaysia’s McDonald’s licensee Gerbang Alaf Eating places Sdn Bhd for RM6mil.

LKL Global Bhd has proposed to undertake a renounceable rights difficulty with free of charge warrants to elevate up to RM58.3mil to fund its diversification into the pharmacy organization.

Meanwhile, JF Apex claimed the FBM KLCI could continue to be pressured with aid at 1,450 details following the current uncertainty.

The US industry finished blended on Friday with the Dow declining a little bit even though the S&P and Nasdaq climbed amid worries of an financial slowdown.

Similarly, European shares were being combined as central banks hiked fascination rates in reaction to the US Federal Reserve’s level hike.