Trading ideas: Bumi Armada, Gamuda, KPS, HeiTech Padu, Vizione

TheStar Thu, Apr 25, 2019 09:07am - 4 years View Original


KUALA LUMPUR: Bumi Armada Bhd , Gamuda Bhd , Kumpulan Perangsang Selangor Bhd , HeiTech Padu Bhd and Vizione Holdings Bhd are among the stocks to watch on Thursday, according to JF Apex Research.


The research house noted that Bumi Armada has refinanced its unsecured term loans of US$380mil (RM1.57bil) and revolving credit facilities of US$280mil into a single facility consisting of Tranche 1 facility of US$260mil, and Tranche 2 facility of US$400mil.


Gamuda and Kumpulan Perangsang Selangor said Pengurusan Air Selangor Sdn Bhd's (Air Selangor) proposed purchase of 100% equity in Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (SPLASH) from Syarikat Pengeluar Air Selangor Holdings Bhd (SPLASH Holdings) has become unconditional as conditions precedent in the sale and purchase agreement were fulfilled.


HeiTech Padu has bagged two contracts to develop and manage smart parking systems on Penang Island and Seberang Perai.

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Related Stocks

APEX 1.000
ARMADA 0.570
GAMUDA 5.270
HTPADU 1.890
KPS 0.800
VIZIONE 0.045

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