Trading ideas: AirAsia X, Microlink, Fajarbaru, Binastra, Parkson Retail and PETRONAS Gas

TheStar Mon, Mar 18, 2024 08:38am - 1 month View Original


KUALA LUMPUR: Companies that recently made headlines include AirAsia X, Microlink, Fajarbaru, Binastra, Parkson Retail and PETRONAS Gas.

AirAsia X (AAX) has partnered with Kazakhstan Tourism to elevate tourism and further boost economic ties between Malaysia and Kazakhstan through a strategic collaboration.

Microlink Solutions Bhd said it plans to raise up to RM89.4m via a rights issue of redeemable preference shares (RPS) with detachable warrants to repay its bank borrowings and finance working capital.

Fajarbaru Builder Group Bhd has been awarded a minor works contract worth RM11.0m for the partial delivery phase (early works) of redeveloping military facilities at the Royal Malaysian Air Force (RMAF) base in Butterworth, Penang.

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