Trading ideas: REDtone, Prestariang, Talam Transform, Fraser & Neave


KUALA LUMPUR: REDtone International, Prestariang, Talam Transform and Fraser & Neave Holdings are among the stocks to watch on Monday following the fresh corporate news.

Last Friday, Berjaya Corp made a takeover offer for the remaining shares of REDtone at 80 sen a share after it held 35.84% or 238.54 million shares. However, the Johor Sultan, who owns 134 million REDtone shares or 20.13% has stated he will not be selling his stake.

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