Trading ideas: MGRC, Chin Hin, Sapura Energy, Advancecon, Dataprep, Majuperak, LPI Capital and Industronics

TheStar Wed, Aug 03, 2022 08:35am - 1 year View Original


KUALA LUMPUR: Stocks with recent corporate announcement that could see increased investor interest include MGRC, Chin Hin, Sapura Energy, Advancecon, Dataprep, Majuperak, LPI Capital and Industronics, said JF Apex Research.

Malaysian Genomics Resource Centre Bhd (MGRC) has been slapped with an unusual market activity (UMA) query by Bursa Malaysia following a sharp fall in its share price, losing 30 sen or 29.7% to 71 sen.

Chin Hin Group Bhd, which was also served with an UMA query from Bursa said it is unaware of any corporate development relating to the group's business and affairs apart from its proposed sale of a 19.34% stake in Solarvest Holdings Bhd and the one-for-one bonus issue of Chin Hin shares.

Sapura Energy Bhd has been awarded a two-year extension of a charter and service contract by Petrobras in Brazil worth RM580mil.

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Related Stocks

ADVCON 0.280
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CHINHIN 3.100
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MGRC 0.450
MJPERAK 0.295
SAPNRG 0.045
SLVEST 1.590

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