Trading ideas: TA Enterprise, Widad, Econpile, Uzma

TheStar Wed, Dec 16, 2020 08:50am - 3 years View Original


KUALA LUMPUR: TA Enterprise, Widad, Econpile and Uzma are among the stocks which could see trading interest on Wednesday following their recent corporate announcements, JF Apex Research says.

TA Enterprise said it has received a notice of an unconditional mandatory takeover offer from Datuk Tony Tiah Thee Kian to acquire all remaining ordinary shares in TAE not already owned by him at a cash offer price of 65.5 sen each.

As for Widad is teaming up with Rinani Dynamic Sdn Bhd in the distribution, marketing and selling of the Covid-19 vaccine known as Vxa-Cov2-1 and other products developed by US-based Vaxart Inc in Malaysia.

Econpile bagged a US$85.7mil (RM347.6mil) contract from MMC International Inc Ltd to undertake piling and substructure works for an integrated entertainment complex in Phnom Penh, Cambodia.

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