Trading ideas: Tenaga, Pestech, Bintai Kinden, Daya and SKB


KUALA LUMPUR: Tenaga Nasional, Pestech, Bintai Kinden, Daya Materials and SKB Shutters are among the stocks which could see trading interest after the overnight corporate news, JF Apex Research says.

Tenaga Nasional bought the remaining 49% stake in Blyth Offshore Demonstrator Ltd (BODL), an offshore wind farm company in the UK.

Pestech International has inked an MoU with Gartena Holdings Ltd to develop waste-to-energy solutions in Asean.

Bintai Kinden has an non-exclusive agreement with Scientillence Sdn Bhd to distribute hemodialyser in the private and commercial sector.

Daya Materials received Bursa Securities' approval for its regularisation plan.

Hua Yang’s net loss widened to RM8.65mil for the second quarter ended Sept 30, 2021, from RM5.76mil a year ago, dragged by slower sales and construction progress.

Carimin Petroleum has declared a special dividend of five sen its FY21 to reward its shareholders.

SKB Shutters has proposed to undertake a bonus issue of two new shares for every one share held.

Ageson has decided to scrap its proposed rights issue of irredeemable convertible unsecured loan stocks (ICULS).

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