Trading ideas: BHIC, MN Holdings, HeiTech Padu, Kobay, Guan Chong, UMedic, JAG, Tune Protect, UCrest and Kitacon

TheStar Thu, Apr 04, 2024 07:43am - 3 weeks View Original


KUALA LUMPUR: Companies making headlines include BHIC, MN Holdings, HeiTech Padu, Kobay, Guan Chong, UMedic, JAG, Tune Protect, UCrest and Kitacon, said Apex Securities Research.

Boustead Heavy Industries Corporation Bhd’s (BHIC) indirect wholly owned subsidiary Perstim Industries Sdn Bhd (PISB) has proposed to dispose of 27,000,001 ordinary shares in Lumut Naval Shipyard Sdn Bhd (LUNAS) to Ocean Sunshine Bhd (OSB) for RM334.73 million cash.

MN Holdings Bhd's wholly-owned subsidiary MN Power Transmission Sdn Bhd has secured a RM17.6mil contract for the supply and commissioning of the transmission main intake 275/132kV Pasir Gudang Power Station Extension (2x275kV Overhead Lines (OHL) Bays) in Johor from Tenaga Nasional Bhd.

Heitech Padu Bhd has appointed Salmi Nadia Mohd Hilmey as group managing director, effective Wednesday.

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