UEM Land should be in focus after it posted its best gains in one week and the latest corporate announcement was that the company and Telekom Malaysia have extended their partnership to develop and provide telecommunications services in Nusajaya, Iskandar Malaysia by another year until July 2, 2010.
Investors would also want to know the reasons for Sime Darby's unit and Ramunia Holdings Bhd decision to extend the signing of the definitive sale and purchase agreement from July 3 to Aug 3.
Sime said on July 3 the extension was made at the request of Sime Darby Engineering Sdn Bhd (SDE). Under the agreement, SDE would acquire the business and undertaking, including the assets and liabilities of Ramunia for a total provisional purchase consideration of RM232.0 million.
Goh Ban Huat should also attract attention following the latest development in Tan Sri Robert Tan's move to launch a takeover of the ceramics products manufacturer. Tan already has triggered the 33%.
In Compugates, Datuk Goh Tian Chuan has ceased to be a substantial shareholder after the disposal of 28.78 million shares on July 3 in an off-market deal.
In Kurnia Setia, the board of directors has accepted Kreatif Selaras' takeover offer at RM2.70 per share and RM1.20 per warrant.
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