Trading ideas: AirAsia, IOI Properties, Bumi Armada, CCM

TheStar Wed, Sep 12, 2018 09:07am - 5 years View Original


KUALA LUMPUR: AirAsia Bhd , IOI Properties Group Bhd , Bumi Armada Bhd and Chemical Company of Malaysia Bhd (CCM) are among the stocks to watch on Wednesday, according to JF Apex Research.


AirAsia’s Philippine unit has deferred its US$250mil IPO to mid-2019, citing high fuel costs and other factors.


IOI Properties Group's subsidiary has issued its third sukuk of RM1.2bil for capital expenditure, working capital and to refinance its existing debt.


Bumi Armada's Armada Kraken floating production storage and offloading (FPSO) vessel in the UK's North Sea has been issued with the final acceptance certificate.

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