Trading ideas: Paramount, CelcomDigi, InNature, AwamBiru, Nova MSC, Cuscapi, BHIC, Sarawak Cable, Pharmaniaga

TheStar Mon, May 13, 2024 08:05am - 2 weeks View Original


KUALA LUMPUR: Here is a recap of the news headlines from Corporate Malaysia.

Paramount Corp Bhd has bought a 21.5% stake in Eco World International Bhd for RM170.6mn in cash, to be funded via a combination of bank borrowings and internally generated funds.

CelcomDigi Bhd has completed 44% of its nationwide network integration and modernisation programme as it modernised over 7,200 sites as at end-April.

Innature Bhd is acquiring the operator of Burger & Lobster restaurants for RM21.3mn from its major shareholders in a related-party deal as part of a diversification plan.

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