Dec 23rd Stocks To Watch I-Bhd, Kanger, Crest Builder, Westports, Boustead Heavy
Page 1 of 1
Dec 23rd Stocks To Watch I-Bhd, Kanger, Crest Builder, Westports, Boustead Heavy
Stocks To Watch I-Bhd, Kanger, Crest Builder, Westports, Boustead Heavy
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Friday, 20 December 2013 21:00
KUALA LUMPUR (Dec 20): Based on Bursa Malaysia announcements and news flow today, stocks to watch this Monday (December 23) may include the following companies :
Property developer I-Bhd has proposed several corporate exercises. The list includes a bonus issue of new shares on the basis of one bonus unit for every five existing shares held.
"The proposed bonus issue is intended to be implemented after the proposed share split and the proposed rights issue with warrants, on an entitlement date to be announced later," I-Bhd said.
Kanger International Bhd will be listed on Bursa Malaysia's ACE market this Monday.
The bamboo-flooring manufacturer's initial public offering (IPO) was intended to raise RM20 million. According to Kanger, its IPO involves the sale of 80 million new shares in the company at 25 sen each.
Crest Builder Holdings Bhd will undertake a planned RM1 billion mixed property development at the Kelana Jaya LRT station. The project will be modeled after Plaza Pantai at the Kerinchi LRT station.
Crest Builder executive director Eric Yong told theedgemalaysia.com over telephone today the company is undertaking the project via a joint venture (JV) with land owner Syarikat Prasarana Negara Bhd. Yong said the proposed development will "house" the Kelana Jaya LRT station.
Westports Holdings Bhd says the Port Klang Authority (PKA) has approved the former's request for more time to complete the land reclamation and incidental work at the Westports marine terminal.
According to Wesports which owns the concession for the marine terminal in Klang, Selangor, the six-month extension is from January 1, 2014 until June 30, 2014.
The timely completion of the land reclamation and incidental work is a requirement for the extension of Westports' existing concession. The government and PKA have agreed to extend Westports' concession for another 30 years to August 31, 2054.
Boustead Heavy Industries Corp Bhd (BHIC) has won a contract to manufacture and supply Airbus A400M mission systems, spares and logistics.
BHIC said it has entered into the contract with Cassidian Airborne Solutions GmbH last Wednesday. Cassidian is a JV between Rheinmetall AG and EADS NV.
BHIC has secured the contract via its subsidiary Contraves Advanced Devices Sdn Bhd. Contraves is jointly-owned by BHIC and Rheinmetall Air Defence AG.
Business & Markets 2013
Written by Chong Jin Hun of theedgemalaysia.com
Friday, 20 December 2013 21:00
KUALA LUMPUR (Dec 20): Based on Bursa Malaysia announcements and news flow today, stocks to watch this Monday (December 23) may include the following companies :
Property developer I-Bhd has proposed several corporate exercises. The list includes a bonus issue of new shares on the basis of one bonus unit for every five existing shares held.
"The proposed bonus issue is intended to be implemented after the proposed share split and the proposed rights issue with warrants, on an entitlement date to be announced later," I-Bhd said.
Kanger International Bhd will be listed on Bursa Malaysia's ACE market this Monday.
The bamboo-flooring manufacturer's initial public offering (IPO) was intended to raise RM20 million. According to Kanger, its IPO involves the sale of 80 million new shares in the company at 25 sen each.
Crest Builder Holdings Bhd will undertake a planned RM1 billion mixed property development at the Kelana Jaya LRT station. The project will be modeled after Plaza Pantai at the Kerinchi LRT station.
Crest Builder executive director Eric Yong told theedgemalaysia.com over telephone today the company is undertaking the project via a joint venture (JV) with land owner Syarikat Prasarana Negara Bhd. Yong said the proposed development will "house" the Kelana Jaya LRT station.
Westports Holdings Bhd says the Port Klang Authority (PKA) has approved the former's request for more time to complete the land reclamation and incidental work at the Westports marine terminal.
According to Wesports which owns the concession for the marine terminal in Klang, Selangor, the six-month extension is from January 1, 2014 until June 30, 2014.
The timely completion of the land reclamation and incidental work is a requirement for the extension of Westports' existing concession. The government and PKA have agreed to extend Westports' concession for another 30 years to August 31, 2054.
Boustead Heavy Industries Corp Bhd (BHIC) has won a contract to manufacture and supply Airbus A400M mission systems, spares and logistics.
BHIC said it has entered into the contract with Cassidian Airborne Solutions GmbH last Wednesday. Cassidian is a JV between Rheinmetall AG and EADS NV.
BHIC has secured the contract via its subsidiary Contraves Advanced Devices Sdn Bhd. Contraves is jointly-owned by BHIC and Rheinmetall Air Defence AG.
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Stocks to watch: I-Bhd, Kanger, Crest Builder, Westports and BHIC worth a look
» April 29th -Stocks To Watch Crest Builder, Three-A, Malaysia Airports, Zecon, EPMB, Cepco and TH Heavy
» Feb 25th - Stocks To Watch Nestle, RHB Cap, Pharma, Tune Ins, C. Heights, Protasco, TeoSeng, Crest Builder, Gas Malaysia
» Sept 17th - Stocks To Watch Century Logistics, MAS, Crest Builder, Priceworth International, Fitters Diversified, iDimension, BFood
» Nov 20th - Stocks to Watch Lafarge, Matrix, Crest Builder, OSK Ventures, Daya, AirAsia X, TSH, Alam Maritim, Tambun Indah, Patimas, Octagon
» April 29th -Stocks To Watch Crest Builder, Three-A, Malaysia Airports, Zecon, EPMB, Cepco and TH Heavy
» Feb 25th - Stocks To Watch Nestle, RHB Cap, Pharma, Tune Ins, C. Heights, Protasco, TeoSeng, Crest Builder, Gas Malaysia
» Sept 17th - Stocks To Watch Century Logistics, MAS, Crest Builder, Priceworth International, Fitters Diversified, iDimension, BFood
» Nov 20th - Stocks to Watch Lafarge, Matrix, Crest Builder, OSK Ventures, Daya, AirAsia X, TSH, Alam Maritim, Tambun Indah, Patimas, Octagon
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum