Trading ideas: DXN, Edaran, Kerjaya Prospek, Sedania, KAB, Euro, Econpile and AMMB


KUALA LUMPUR: Companies that recently made headlines include DXN, Edaran, Kerjaya Prospek, Sedania, KAB, Euro, Econpile and AMMB, said Apex Research.

DXN Holdings Bhd’s wholly owned subsidiary DXN Corp (Ningxia) Co Ltd has filed a writ of summons and statement of claims against China’s Fujian Anxi Jinjiang Source Tea Technology Co Ltd (Fujian Anxi) over a stake disposal dispute.

Edaran Bhd has secured a job to maintain the Royal Malaysian Customs Department’s (RMCD) customs operating system and MySST (Malaysia Sales & Services Tax) application (2023-2027) valued at RM89.88 million.

Kerjaya Prospek Group Bhd has secured a RM104.73 million contract for the execution and completion of a housing development in Penang.

Sedania Innovator Bhd has proposed to acquire a 51% stake in premium personal care products and food supplements producer Tanamera Group Sdn Bhd (TGSB) for RM8.18 million cash.

Kinergy Advancement Bhd (KAB) has secured a RM33.3 million contract from Pengerang LNG (TWO) Sdn Bhd, a subsidiary of Petronas Gas Bhd, to supply utilities expansion and infrastructure enhancement of 137,000m3 of liquefied natural gas carriers into a floating storage unit (FSU) transformation.

Euro Holdings Bhd and three of its subsidiaries, as well as its managing director Datuk Seri Lim Teck Boon, are being sued for allegedly using another company to obtain banking facilities.

Econpile Bhd has inked a memorandum of understanding (MOU) with Sungai Klang Link Sdn Bhd (SKL) for the construction works for an elevated highway project proposed by SKL to the government.

AMMB Holdings Bhd has appointed Ling Fou-Tsong @ Jamie Ling as its group chief executive officer (CEO) and CEO of AmBank (M) Bhd, following the retirement of Datuk Sulaiman Mohd Tahir, effective Nov 23, 2023.

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Trading Ideas , Apex , DXN , Edaran , Kerjaya Prospek , Sedania , KAB , Euro , Econpile , AMMB

   

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