Trading ideas: Hubline, HLT Global, Advancecon

TheStar Tue, Jan 12, 2021 08:50am - 3 years View Original


KUALA LUMPUR: Hubline, HLT Global and Advancecon are among the stocks to watch on Tuesday after their corporate announcements, JF Apex Research says.

Hubline has secured a RM63.22mil contract from the Sarawak Health Department to provide aircraft and helicopters for the flying doctor service, medical evacuation service and other ancillary health services to the latter.

HLT Global proposed to buy the remaining 45% stake in its 55%-owned rubber glove subsidiary HL Rubber Industries Sdn Bhd for RM90mil. The purchase will be via the issuance of 90 million new HLT shares at RM1 per share.

Advancecon has signed two power purchase agreements to generate a total of 994-kilowatt peak (kWp) under the Net Energy Metering scheme.

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