UMW, IOI Properties, IJM Corp, SCGM, Mercury Industries and Ire-Tex

KUALA LUMPUR (March 13): Based on corporate announcements and news flow today, stocks in focus on Wednesday (March 14) may include UMW Holdings Bhd, IOI Properties Group Bhd, IJM Corp Bhd, SCGM Bhd,  Mercury Industries Bhd and Ire-Tex Corp Bhd.

UMW Holdings Bhd is seeking to raise up to RM1.1 billion via a rights issue to help fund the acquisition of a 50.07% stake in MBM Resources Bhd.