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=MALAYSIA STOCKS TO WATCH: Elsoft Research, Pentamaster Likely In Focus On Monday

KUALA LUMPUR (Aug 19) -- Here are the stocks to watch on Monday:

*ELSOFT RESEARCH (0090.KL): 2Q net profit slumps 47.7% on year to MYR6.29 million from MYR12.01 million. Revenue also slumps 48.9% year-on-year to MYR12.33 million from MYR24.15 million.

*PENTAMASTER CORPORATION (7160.KL): 2Q net profit rises 40.1% on year to MYR19.54 million from MYR13.95 million year-ago. Revenue increased nearly 18% on year to MYR120.74 million compared with MYR102.3 million.

*TEO SENG CAPITAL (7252.KL): swings to 2Q net profit of MYR5.08 million from the year-ago net loss of MYR528,000. Revenue increases nearly 18% to MYR121.25 million from MYR102.73 million.

*DIALOG GROUP (7277.KL): enters into agreement with Asia Energy Services to acquire an additional 25% stake in Halliburton Bayan Petroleum for $8.22 million. It currently holds 50% stake in Halliburton.

*PINTARAS JAYA (9598.KL): adds piling contract worth about MYR91 million in Singapore.

*AIRASIA GROUP (5099.KL): CEO Tony Fernandes appointed as CEO of as the company reorganizes its leadership to support its transformation into a travel and financial platform company.

*VIZIONE HOLDINGS (7070.KL): plans to raise up to MYR59.08 million via proposed private share sale at an illustrative issue price of MYR0.95 per share.

*FOCUS POINT HOLDINGS (0157.KL): extraordinary general meeting at 11:00 am on proposed bonus issue of up to 55 million shares on the basis of one bonus share for every three shares held.

- By Kuala Lumpur Newsroom;; +60320267363
- Edited by Sayantika Bhowal
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© 2019 Nikkei NewsRise Asia Pte Ltd.
All Rights Reserved.