Trading ideas: APB, Ewein, Hong Leong Industries, K Seng Seng and JAG

TheStar Thu, Jun 15, 2023 09:25am - 10 months View Original


KUALA LUMPUR: Stocks in focus on Thursday include APB Resources, Ewein, Hong Leong Industries, K Seng Seng and JAG, said Apex Research.

APB Resources Bhd hit limit-up after Press Metal Aluminium Holdings Bhd’s co-founder and executive director Datuk Koon Poh Tat emerged as its new substantial shareholder.

Ewein Bhd has received notice of an unconditional mandatory takeover offer (MTO) at 60 sen per share from the managing director and major shareholder of Nationgate Holdings Bhd Ooi Eng Leong.

Hong Leong Industries Bhd (HLI) is selling its wholly-owned fibre cement products manufacturing subsidiary at an indicative price of RM79.5 million.

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APB 1.880
EWEIN 0.910
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JAG 0.340
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