Trading ideas: Nestcon, Edaran, Flexidynamic, Straits Energy, Heitech Padu, Sunview, AGX and BHIC


KUALA LUMPUR: There could be increased investor interest in companies with recent corporate announcecments including Nestcon, Edaran, Flexidynamic, Straits Energy, Heitech Padu, Sunview, AGX and BHIC, said Apex Securities Research.

Nestcon Bhd has bagged RM251.5 million in construction works for a mixed development in Mukim Petaling in the Klang Valley.

Edaran Bhd has secured a RM356.56 million contract to provide hardware and software rental services to the Royal Malaysian Customs Department.

Flexidynamic Holdings Bhd has proposed a private placement of up to 28.46 million shares, representing 10% of its issued share capital, to yet-to-be-identified third-party investors.

Straits Energy Resources Bhd said its subsidiary Tumpuan Megah Development Sdn Bhd is set to enter the marine biofuel trading and bunkering industry in the first quarter of 2024, after it was certified by the International Sustainability and Carbon Certification (ISCC EU) scheme.

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