Trading ideas: PLS Plantation, DNeX, Sapura Energy, Tex Cycle, Exsim, Teo Seng and KESM

TheStar Fri, Mar 08, 2024 08:22am - 2 months View Original


KUALA LUMPUR: Companies that recently made headlines include PLS Plantation, DNeX, Sapura Energy, Tex Cycle, Exsim, Teo Seng and KESM, said Apex Securities Research.

PLS Plantation Bhd has inked a deal with China-based Guangzhou Jiangnan Agriculture Development Co Ltd to build a regional one-stop wholesale market in Pasir Gudang, Johor for the processing and marketing of Malaysian agricultural produce.

Dagang Nexchange Bhd (DNeX) is planning to collaborate with Korea Trade Network (KTNET) on several initiatives involving port community system, electronic customs and IT consultancy services for trade facilitation.

Sapura Energy Bhd and its 22 wholly-owned subsidiaries have obtained new convening and restraining orders from the High Court to proceed with its debt restructuring.

Waste management company Tex Cycle Technology (M) Bhd has subscribed to a perpetual medium-term note (MTN) with a nominal value of RM10 million.

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