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Scientex Q2 earning up 8.5%, plans RM600m property projects

KUALA LUMPUR: Scientex Bhd posted a firmer set of financial results in the second quarter ended Jan 31, 2019 and plans to launch property projects with a gross development value (GDV) of RM600mil in the second half.

Trading ideas: Daibochi, Scientex, Brahim’s, SunCon, Ikhmas Jaya, AirAsia

KUALA LUMPUR: Daibochi Bhd, Scientex Bhd, Brahim's Holdings Bhd, Sunway Construction Group Bhd, Sunway Construction Group Bhd and AirAsia Group Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.

Accept Daibochi takeover offer, says MIDF

KUALA LUMPUR: MIDF research has recommended that owners of Daibochi shares accept the RM1.59 takeover offer from Scientex.

Trading ideas: MISC, Malakoff, Petra Energy, Dayang, Tune Protect

KUALA LUMPUR: MISC Bhd, Malakoff Corp Bhd, Petra Energy Bhd, Dayang Enterprise Holdings Bhd and Tune Protect Bhd are among the stocks to watch, according to JF Apex Research.

Scientex makes mandatory general offer for Daibochi at RM1.59

PETALING JAYA: Packaging materials manufacturer and property developer Scientex Bhd has launched a mandatory general offer (MGO) for Daibochi Bhd at RM1.59 per offer share.

Trading ideas: Top Glove, Prestariang, Scientex, Daibochi, MAA

KUALA LUMPUR: Top Glove Corp Bhd, Prestariang Bhd, Scientex Bhd, Daibochi Bhd and MAA Group Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.

Scientex to buy Daibochi stake for RM222.5m

PETALING JAYA: Packaging material maker Scientex Bhd has inked a conditional share sale agreement to acquire a 42.41% stake in its smaller rival Daibochi Bhd for RM222.5mil.

Daibochi boost for Scientex

OVER the two days since Scientex Bhd announced plans to acquire 42% of its smaller rival Daibochi Bhd, the group’s share price has soared.

Short position

PLASTIC packaging manufacturer Scientex Bhd this week launched a mandatory takeover of Daibochi Bhd to expand its flexible packaging business.

Scientex at 10-month high on positive view on takeover

PETALING JAYA: Flexible plastic packaging maker Scientex Bhd, which has launched a mandatory general offer (MGO) for Daibochi Bhd, saw its shares hit a 10-month high after announcing the proposed corporate exercise.