Trading ideas: Alliance, Binastra, YTL Power, SkyWorld, Ho Wah, Bina Puri, Sapura Energy, NPC, Aeon Credit

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Alliance Bank Bhd said its rights issue of two new shares for every 17 shares held has been oversubscribed by 55.1%.