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Survival of the fittest
Aviation players gear up for improvements to latch on to expected 2023 recovery
SC Estate Builder to raise RM10.5mil
KUALA LUMPUR: ACE Market-listed SC Estate Builder Bhd has proposed to undertake a private placement of up to 20% of the total number of issued shares to third party investors at an issue price to be determined later.
Serba Dinamik raises RM508.6m from new shares placement
KUALA LUMPUR: Serba Dinamik Bhd raised RM508.61mil from the issuance of 336.83 million new shares following strong interest from funds.
Trading ideas: AirAsia, GPacket, DNeX, Pantech, CIMB, Bintai Kinden
KUALA LUMPUR: Airasia Group Bhd, Green Packet Bhd, Dagang Nexchange Bhd (DNeX), Pantech Group Holdings Bhd, CIMB Group Holdings Bhd and Bintai Kinden Corp Bhd are among the stocks to watch on Friday, according to JF Apex Research.
Kenanga maintains 'underperform' on AirAsia, positive on private placement
KUALA LUMPUR: Kenanga Research views as positive AirAsia Group Bhd's proposal for a private placement to address its immediate cash flow requirements during the pandemic.
Bintai Kinden to re-enter property development
PETALING JAYA: Mechanical and electrical engineering services company Bintai Kinden Corp Bhd plans to make a comeback to the property development business.
AirAsia embarks on private placement to raise up to RM455mil
PETALING JAYA: AirAsia Group Bhd has proposed to undertake a private placement exercise to raise up to RM454.5mil to finance its working capital, among others.
