Trading ideas: Siab, Yong Tai, MAHB, OCR, GIIB, KIP REIT, Computer Forms and Jerasia Capital

TheStar Thu, Apr 20, 2023 08:29am - 11 months View Original


KUALA LUMPUR: Recent corporate announcements are shining the spotlight on Siab, Yong Tai, MAHB, OCR, GIIB, KIP REIT, Computer Forms and Jerasia Capital, said Apex Research.

Siab Holdings Bhd has accepted a settlement arrangement from Yong Tai Bhd following their mutual agreement to terminate two high-rise property projects with a combined outstanding contract value of RM190.48 million.

Passenger traffic at the 39 airports operated by Malaysia Airports Holdings Bhd (MAHB) more than doubled to 6.66 million in March.

OCR Group Bhd’s units are being sued by their contractor over alleged payment default of RM30.93 million in relation to projects in Kuantan and Petaling Jaya.

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