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.
Heitech Padu Bhd has secured a RM58.88 million contract to provide Next Generation Network services for the Inland Revenue Board (LHDN).
Sunview Group Bhd has via its wholly-owned Fabulous Sunview Sdn Bhd inked a Memorandum of Understanding (MOU) with Saudi Arabia-based Vision Ambassadors Company for International Trade Consultancy to seek renewable energy development and investment opportunities.
AGX Group Bhd, a third-party logistics services provider preparing to go public on the ACE Market of Bursa Malaysia, has signed an underwriting agreement with TA Securities Holdings Bhd to underwrite a total of 21.65 million new shares in AGX's upcoming initial public offering (IPO).
The planned disposal of a 20.77% stake in troubled Boustead Naval Shipyard Sdn Bhd (BNS) by Boustead Heavy Industries Corp Bhd (BHIC) to the Ministry of Finance, Inc has been extended for a fourth time to Jan 31, 2024.
