Lembaga Tabung Angkatan Tentera (LTAT) has extended its unconditional mandatory takeover offer for all the remaining shares in Boustead Plantations Bhd (BPlant) from Dec 22, 2023 to Jan 5, 2024. (TheStar)

Electronic manufacturing services provider VS Industry Bhd’s net profit fell to RM48.98mil in the first quarter of its financial year 2024 (1Q24), ended Oct 31, 2023, compared with RM60.71mil in the same period last year. (TheStar)

Top Glove Corp Bhd’s improved earnings for the first quarter ended Nov 30, 2023 (1FY2024) have drawn mixed reactions from some investment analysts covering the stock. （TheEdge)

Kenanga Research expects Kuala Lumpur Kepong Bhd’s (KLK) recent acquisition of two estates in East Kalimantan from its parent, Batu Kawan Bhd, to provide a slight lift to the company’s earnings. (TheStar)

RHB Retail Research said MI Technovation Bhd is set for a strong rebound after undergoing a breakout above the RM1.83 level on Wednesday on improving trading volume above the 21-day simple moving average line. (TheEdge)

Rakuten Trade said Southern Cable Group Bhd (SCG) is set to resume its uptrend after it pushed above the 39.5 sen resistance, which also coincided with a new 52-week high. (TheEdge）

Source: New Straits Times, The Edge Markets The Star 21 December 2023

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