Trading ideas: Axteria, Petronas Chemicals, NPC, CTOS

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KUALA LUMPUR: Companies which could see trading interest on Monday are Axteria, Petronas Chemicals, NPC, CTOS Digital, Jade Marvel and Bertam Alliance, JF Apex Research says.

It said Axteria has signed a non-binding letter of intent with Far East Hospitality Management (S) Pte Ltd, expressing its intent in managing the hotel and serviced suites in Kota Laksamana, Melaka.

These suites are being developed by its units Axteria Assets Sdn Bhd and Axteria Eco Sdn Bhd.

Petronas Chemicals’ joint-venture BASF Petronas Chemicals Sdn Bhd (BPC) plans to expand production capacity in its Verbund site in the Gebeng Industrial Area, Kuantan.

NPC Resources is disposing of four parcels of agricultural land in Kinabatangan, Sabah, to Syarikat Kretam Plantations Sdn Bhd (SKPSB) for RM52.72mil.

XOX has entered into an agreement to acquire 200 million shares or a 19.01% stake in Jadi Imaging for RM46mi.

CTOS Digital's 3QFY21 net profit rose 9.32% on-year underpinned by higher revenue from its Malaysian and international segments.

Jade Marvel is planning to collaborate with a newly incorporated local private company to jointly undertake the management of wellness industry-related businesses via a one-stop information technology control system.

Bertam Alliance has secured a contract worth RM24.98 million for the proposed construction of an office complex for the Malaysian Anti-Corruption Commission (MACC) in Sabah.

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Axteria , Petronas Chemicals , NPC , CTOS


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