Trading ideas: MCE, Advancecon, Eduspec, Revenue and GIIB

TheStar Mon, Jan 16, 2023 08:40am - 1 year View Original


KUALA LUMPUR: Stocks on investors' radar screen on Monday incude MCE, Advancecon, Eduspec, Revenue and GIIB, said Apex Research.

MCE Holdings Bhd as its unit has secured a contract to supply various electronic and mechatronics parts of a new car model under Perodua, which is expected to generate total revenue of about RM60.69 million.

Advancecon Holdings Bhd has proposed to undertake a private placement of up to 20% of the company’s total share base to raise as much as RM21.85 million to fund the development of a solar photovoltaic project.

Eduspec Holdings Bhd has proposed to undertake a rights issue with free warrants to raise as much as RM29.9 million for the repayment of borrowings, as well as to fund its education programs and digital school solutions business.

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Related Stocks

ADVCON 0.280
EDUSPEC 0.125
FBMKLCI 1561.640
GIIB 0.085
MCEHLDG 1.520
REVENUE 0.190

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