Trading ideas: Axiata, Dialog, Kretam, KJTS, UUE, NuEnergy, Rex, Ping Edge, IOI, Cuckoo

TheStar Mon, Jun 16, 2025 08:30am - 1 year View Original


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Axiata Group Bhd has completed the sale of its Myanmar tower operations for a revised US$90.0mn (RM380.4mn), down from the originally proposed US$15.0mn.

Dialog Group Bhd has won a 14-year production-sharing contract from Petronas for the development of the Mutiara Cluster field in Sabah.

A consortium led by DCAH Holdings and individuals Chiong Kiau and Chiong Hang Leong has acquired a 10% stake in Kretam Holdings Bhd for about RM162.0mn, becoming its second-largest shareholder.

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