Trading ideas: Alliance, Binastra, YTL Power, SkyWorld, Ho Wah, Bina Puri, Sapura Energy, NPC, Aeon Credit

TheStar Wed, Jul 09, 2025 07:41am - 6 days View Original


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

Alliance Bank Bhd said its rights issue of two new shares for every 17 shares held has been oversubscribed by 55.1%.

Binastra Corp Bhd's wholly-owned subsidiary Binastra Builders Sdn Bhd has secured a RM405mn construction job for The Queenswoodz residential project in Bukit Jalil, Kuala Lumpur.

YTL Power International Bhd has invested about RM10bn in AI and AI infrastructure to date and encourages Malaysian companies to invest in AI and leverage the infrastructure.

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