KUALA LUMPUR: Stocks to watch on Thursday include AirAsia Group Bhd
, Sime Darby Plantation Bhd, Muar Ban Lee Group Bhd, Cymao Holdings Bhd and Nationwide Express Holdings Bhd, according to JF Apex Research.
AirAsia is considering raising about RM1bil through a rights issue and weighing the option of raising additional funds via the sale of stakes in its digital and cargo units in order to further strengthen its financial position.
Sime Darby Plantation said it intends to engage with Liberty Shared to further understand the latter’s allegations in detail in order to conduct a thorough and immediate investigation, as the allegations were submitted to the US Customs and Border Protection without soliciting any feedback from the company.
Muar Ban Lee had proposed a one-for-one bonus issue of up to 147.12 million new shares to be undertaken at a date to be determined later.
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