Trading ideas: Bina Puri, Sarawak Cable, PTT Synergy, LKL International, Digistar, Focus Lumber, Itmax, Kerjaya Prospek, Perak Transit, Time dotCom and Sapura Energy

KUALA LUMPUR: Investors could be seeing trading opportunities in companies with recent corporate announcements including Bina Puri, Sarawak Cable, PTT Synergy, LKL International, Digistar, Focus Lumber, Itmax, Kerjaya Prospek, Perak Transit, Time dotCom and Sapura Energy, said Apex Research.

Bina Puri Holdings Bhd announced that its wholly owned subsidiary Bina Puri Sdn Bhd (BPSB) has been served with a winding-up petition from the lawyers of Thai Soon Hang (Sabah) Sdn Bhd at the High Court of Sabah and Sarawak, due to a default payment amounting to RM198,116.60.

Sarawak Cable Bhd faces a similar situation, with subsidiaries Leader Cable Industry Bhd and Universal Cable (M) Bhd receiving winding-up petitions served by OCBC Bank (M) Bhd on Oct 9.

PTT Synergy Group Bhd has entered into a sale and purchase agreement (SPA) to acquire two parcels of freehold development land for RM70.56 million via indirect wholly-owned subsidiary Projek Tetap Teguh Sdn Bhd (Projek TT) on Tuesday.