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Trading ideas: Microlink, Pos Malaysia, Supermax, Top Glove, Hartalega, HLT
KUALA LUMPUR: JF Apex Research expects Microlink Solutions Bhd, Pos Malaysia Bhd, Supermax Corp Bhd, Top Glove Corp Bhd, Hartalega Holdings Bhd and HLT Global to be among the stocks to watch on Tuesday.
HLT to undertake private placement for new glove making plant
KUALA LUMPUR: Glove company HLT Global Bhd is planning to raise as much as RM324mil by selling new shares via a private placement exercise.
Green Ocean share placement plan lapses
KUALA LUMPUR: Green Ocean Corp Bhd’s proposed private placement of up to 10% of its issued shares or 28.97 million new shares at 18.5 sen each has lapsed.
Green Ocean’s share placement plan lapses
KUALA LUMPUR: Green Ocean Corporation Bhd’s proposed private placement of up to 10% of its issued shares or 28.97 million new shares at 18.5 sen each has lapsed.
Trading ideas: Kossan, Alam Maritim, DRB-Hicom, Hartalega
KUALA LUMPUR: Stocks to watch on Wednesday include Kossan Rubber Industries Bhd, Green Ocean Corp Bhd, AT Systematization Bhd, Alam Maritim Resources Bhd, DRB-Hicom and Hartalega Holdings Bhd, according to JF Apex Research.
Aemulus plans to raise funds
PETALING JAYA: Semiconductor test solutions firm Aemulus Holdings Bhd has proposed a private placement to raise up to RM23.62mil, which will mainly go towards new business investments, research and development (R&D) activities, and repayment of bank borrowings.
ManagePay CEO welcomes new strategic partner
Fund-raising to strengthen its financial technologies
DNex proposes private placement
PETALING JAYA: Dagang Nexchange Bhd (DNex) has proposed to undertake a private placement of up to 20% of the total number of issued shares to raise up to RM109.1mil for future investment, partial repayment of bank borrowings and working capital.
DNeX proposes private placement exercise
KUALA LUMPUR: Dagang Nexchange Bhd (DNeX) is planning to raise as much as RM109mil by selling new shares, with the bulk of the proceeds earmarked for new investment.
Chinese EV maker Li Auto to raise up to US$950m
HONG KONG: Chinese electric vehicle maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has launched an initial public offering of up to $950 million, in one of the biggest U.S. listings by Chinese companies this year.
