Trading ideas: Dataprep, TT Vision, Poh Kong, Astro, AMMB and AIMB


KUALA LUMPUR: Companies that recently made announcements include Dataprep, TT Vision, Poh Kong, Astro, AMMB and AIMB, said Apex Securities Research.

Dataprep Holdings Bhd has proposed to acquire a 70% stake in DACS Network Solutions Sdn Bhd (DNS) for RM10.5 million from Cloudaron Group Bhd.

TT Vision Holdings Bhd said its wholly-owned subsidiary, TT Vision Technologies Sdn Bhd, has secured several purchase orders for its solar cell inspection equipment totaling RM7.51 million from an undisclosed buyer.

Poh Kong Holdings Bhd’s net profit for the first quarter ended Oct 31, 2023 (1QFY2024) rose 21.29% to RM19 million from RM15.67 million in the previous year's corresponding quarter despite lower revenue, largely driven by an uptrend in gold prices.

Shafiq Abdul Jabbar is set to leave as group chief financial officer (CFO) of Astro Malaysia Holdings Bhd to assume the same post at AMMB Holdings Bhd, effective Feb 15.

Advance Information Marketing Bhd's three-for-one rights issue with free warrants has been oversubscribed by 32.9%.

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Trading ideas , Apex , Dataprep , TT Vision , Poh Kong , Astro , AMMB , AIM

   

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