Trading ideas: Pestech, Velesto, OCR, SDC, EG, Sanichi, Aneka, MyTech, HeiTech, Parkson, Sime Darby Property

TheStar Mon, Oct 07, 2024 08:14am - 2 months View Original


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Privately owned rail construction company Dhaya Maju Infrastructure (Asia) Sdn Bhd is taking up a 57.52% stake in Pestech International Bhd for RM160mn through a restricted issue.

Velesto Energy Bhd has inked a MOU for a three-year collaboration with SLB, formerly Schlumberger, to enhance its rig capabilities.

OCR Group Bhd is suing Kumpulan Jetson Bhd over alleged breaches of a RM88.0mn contract to build four blocks of serviced apartments in Jalan Yap Kwan Seng, Kuala Lumpur.

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