Trading ideas: Gadang, Handal, Bioalpha, Revenue Group

KUALA LUMPUR:: Gadang, Handal, Bioalpha, Revenue Group and Southern Cable are among the stocks to watch on Monday after their corporate announcements, JF Apex Research says.

Gadang secured a RM100.34mil sub-contract under the Central Spine Road (CSR) project, a 347km toll-free highway aimed at motorists travelling between Bentong in Pahang and Kelantan.

As for Handal Energy, it secured a new contract from Tanjung Offshore Services Sdn Bhd for the provision of portable crane equipment and services package.

Southern Cable has received the nod from the Securities Commission to transfer its listing status to the Main Market of Bursa Malaysia, 11 months after its ACE Market debut in October 2020.

AirAsia X has made "substantial progress" in months-long talks with creditors, as it aims to convene meetings with them to vote on a restructuring scheme by the end of October, its chief executive said.

Bioalpha has signed an agreement with Suzhou Medicalsystem Technology Co Ltd (MEDIC) for the commercialisation of Biolapha’s proprietary herbal formulations and products in China in the near future.

Revenue Group saw its net profit for its 4QFY21 fall 65.5% on-year on lower sales of electronic data capture (EDC) terminals.

Perdana Petroleum's net loss for its 2QFY22 widened to RM39.12mil from RM2.88mil recorded a year ago, on the back of a nearly 36% drop in quarterly revenue.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Gadang , Handal , Bioalpha , Revenue Group


Next In Business News

US to lift restrictions Nov 8 for vaccinated foreign travelers
China aluminium firm Zhongwang flags 'severe difficulties' at subsidiaries
Toyota cuts November output, after supplies slowed from Malaysia and Vietnam
Oil prices rise to three-year high on back of supply deficit forecasts
World stocks notch best day in 5 months
DNB gets Malaysia ready for 5G
Telcos post-5G rollout
Short Position - Listed companies, healthcare valuations, demographic dividend
A perfect storm driving energy prices
CPO prices expected to be lower in 2022, say market analysts

Others Also Read