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us apple developer accounts for sale:Trading ideas: KAB, Puncak Niaga, Greatech


KUALA LUMPUR: Stocks to watch for on Tuesday following their corporate announcements include Kejuruteraan Asastera, Puncak Niaga, Greatech Technology, Aeon Credit, Gamuda, Versatile Creative and Bintai Kinden, according to JF Apex Research.Kejuruteraan Asastera has been nominated as the subcontractor for electrical, telephone and extra-low voltage services for three projects in Kuala Lumpur developed by Mah Sing Group - worth a total of RM57.1 million.Puncak Niaga said apart from its plan to undertake a rights issue of convertible secured Islamic debt securities (CSIDS), the group is not aware of any developments that could explain the sharp rise in the price and volume of its shares.Greatech Technology has received approval from Bursa Malaysia to transfer its listing to the Main Market.The company said it will be transferring its listing to the Main Market effective Dec 28, and will be placed under the technology sector.The group had also secured more orders from an existing customer, resulting in its total order book rising to RM369.20 million, from RM266.90 million on Nov 27.Aeon Credit’s net profit fell 18.6% quarter-on-quarter to RM42.15 million in its 3QFY21, from RM51.81 million in the immediate preceding quarter of 2QFY21, mainly due to higher impairment losses.Gamuda has returned to the black with a net profit of RM109.28 million for its 1QFY21, from a net loss of RM17.34 million in the preceding quarter.On a y-o-y basis Gamuda’s net profit dropped 37% from RM173.61 million in 1QFY20.Versatile Creative's largest shareholder NSK Trading Sdn Bhd has upped its stake in the printing and packaging solutions provider, which has triggered a mandatory takeover offer for the remainder stake it does not own in the company.This came after NSK acquired an additional 15 million shares representing a 5.9% stake in Versatile Creative for RM10.5 million or 70 sen apiece via a direct business transaction.The second largest shareholder of Bintai Kinden has sold its entire stake of 50.03 million shares or 14.4% interest in the engineering and construction group.

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