Trading ideas: F&N, Hume Cement, GFM, APB, Uzma, Carimin, Priceworth and Hektar REIT

TheStar Fri, Feb 16, 2024 08:28am - 2 months View Original


KUALA LUMPUR: Companies with recent announcements include F&N, Hume Cement, GFM, APB, Uzma, Carimin, Priceworth and Hektar REIT, said Apex Securities Research.

Fraser & Neave Holdings Bhd (F&N) entered into an agreement with Suvannaphum Investment Co Ltd to lease a 32,200 sq m parcel of industrial land in the Suvannaphum Special Economic Zone, Cambodia for 50 years for US$3.86 million (RM18.5 million) to set up a manufacturing facility for dairy products.

Hume Cement Industries Bhd’s (HCIB) wholly owned Hume Concrete Sdn Bhd has inked a conditional sale and purchase agreement to sell a plot of land in the Prai Industrial Estate in Penang to Skygate Technology (KL) Sdn Bhd for RM39.8 million, cash.

GFM Services Bhd is acquiring the entire stake in Era Gema Bina Sdn Bhd for RM23 million to expand into the highway rest and service area (RSA) business.

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Related Stocks

APB 1.850
CARIMIN 0.900
F&N 31.580
GFM 0.390
HUMEIND 2.800
PWORTH 0.090
REIT 833.530
UZMA 1.230

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