Trading ideas: Sime Plantation, Sapura Energy, Power Root, OCK, Pekat, Yinson, Mobilia, Siab, Ireka

TheStar Wed, May 08, 2024 07:39am - 2 years View Original


KUALA LUMPUR: Here is a recap of the headline-making corporate announcements.

Sime Darby Plantation Bhd is making a foray into green industrial park, starting with the proposed development of the Kerian Integrated Green Industrial Park in Perak.

Sapura Energy Bhd’s joint venture companies have bagged contracts from Petroleo Brasileiro Sa worth USD1.8bn (RM8.5bn) to provide engineering services via six pipe-laying support vessels.

Power Root Bhd's subsidiaries have successfully recovered trademark of its own “Ah Huat” brand for coffee and tea beverages, after reaching an amicable out-of-court settlement with its Indonesian distributor CV Ego Sun Star Sukses Mandiri.

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