Trading ideas: Astro, Lotus Circular, Sorento Capital, CPE Technology, PTT Synergy, Silver Ridge, Stratus Global, Pesona Metro


KUALA LUMPUR: Astro Malaysia Holdings Bhd, Lotus Circular Bhd, Sorento Capital Bhd, CPE Technology Bhd, PTT Synergy Group Bhd, Silver Ridge Holdings Bhd, Stratus Global Holdings Bhd and Pesona Metro Holdings Bhd are among the stocks to watch today.

Astro will sell a non-core commercial property in Dengkil to AIMS Central for RM92mil, unlocking value above its independent valuation while improving capital efficiency.

Lotus Circular plans to sell its 55% stake in Miroza Leather for RM38mil, exiting the retail business to focus entirely on its core waste recycling operations while unlocking value from a declining retail asset.

Sorento Capital has secured SC approval to transfer to Bursa Malaysia’s Main Market, supported by its growing market capitalisation and improved financial performance.

CPE Technology is investing RM34.52mil in advanced CNC machinery to expand production capacity, improve efficiency and strengthen its high-value manufacturing capabilities.

Stratus Global posted RM34.84mil in revenue and RM9.55mil in net profit for its maiden 1QFY27 results.

PTT Synergy is acquiring US$7.11mil (RM29.11mil) logistics software systems to enhance operational capabilities and support its integrated logistics expansion.

Silver Ridge secured a RM6.25mil sub-contract for construction works at a mixed-use development in Bandar Kinrara, Selangor.

Pesona Metro’s subsidiary clinched a RM247.5mil contract for the construction of a proposed private hospital development in Shah Alam.

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