Trading ideas: Econframe, MGB, Tien Wah, Alpha IVF, George kent, MSM, Magna Prima, Sunview and Wentel


KUALA LUMPUR: Headlines were made yesterday by Econframe, MGB, Tien Wah, Alpha IVF, George kent, MSM, Magna Prima, Sunview and Wentel, said Apex Securities Research.

Econframe Bhd has acquired industrial property builder ETA World Sdn Bhd for RM56 million.

MGB Bhd, a subsidiary of LBS Bina Group Bhd, has promoted its executive vice chairman, Tan Sri Lim Hock San, to group executive chairman with effect from Monday.

Tien Wah Press Holdings Bhd has entered into an agreement with Cat Loi Joint Stock Company (CLC) to form a joint venture company (JVco) to undertake the business of production of paper packaging, print packaging and other business activities in Vietnam.

Fertility care specialist Alpha IVF Group Bhd said it has obtained the approval of Bursa Malaysia Securities to proceed with its proposed initial public offering (IPO) on the ACE Market.

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