Trading ideas: EWI, REDtone, NPC, BAT, Hartalega, Cloudpoint, Seal, Sanichi, Advancecon, Reneuco, Bina Puri and YTL Corp

TheStar Wed, Feb 07, 2024 08:21am - 2 months View Original


KUALA LUMPUR: THe trading stock of companies with recent announcements include EWI, REDtone, NPC, BAT, Hartalega, Cloudpoint, Seal, Sanichi, Advancecon, Reneuco, Bina Puri and YTL Corp.

Eco World International Bhd plans to reduce its share capital by a further RM500 million to pay a targeted 21 sen per share in dividends or RM504 million in total payout over the next two years, after setting aside funds for working capital and funding requirements.

Redtone Digital Bhd bagged a RM398.1 million MyGovUC 3.0 contract from the Malaysian Administrative Modernisation and Management Planning Unit (Mampu) to provide unified communications solutions.

NPC Resources Bhd proposed to divest 7,505 acres (3,037 hectares) of oil palm land in the state, for RM165.11 million.

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