Trading ideas: Velesto, GenM, PTT Synergy, Carimin, Mesiniaga, Ge-Shen, GDB, Aeon Credit, UWC, Cypark, Marine & General, Scientex Packaging, Apollo

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

Velesto Energy Bhd will sell its jack-up rig Naga 3 for USD63mn (RM258.4mn), booking a pro forma gain of RM17.1mn as part of a fleet optimisation exercise.