Trading ideas: Sime Darby Plantation, Datasonic, MISC, Kossan, Notion Vtec

TheStar Fri, Jan 17, 2020 08:55am - 4 years View Original


KUALA LUMPUR: Stocks to watch on Friday include Sime Darby Plantation Bhd (SDP), Datasonic Group Bhd, MISC BHD, Kejuruteraan Asastera Bhd, Kossan Rubber Industries Bhd and Notion VTEC Bhd, according to JF Apex Research.

Sime Darby Plantation said its unit Sime Darby Plantation Investment (Liberia) Pte Ltd has completed the disposal of its entire interest in Sime Darby Plantation (Liberia) Inc (SDP Liberia) to Mano Palm Oil Industries Ltd (MPOI).

Under the Sale & Purchase Agreement, SDP’s entire equity in SDP Liberia was sold to MPOI for US$1 plus an earn-out payment, which will be determined by the average future crude palm oil (CPO) price and future CPO production of SDP Liberia in 2022.

Datasonic as received a letter of extension (LoE) to supply 6.1 million raw MyKads and MyKad consumables to the National Registration Department (NRD).

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Related Stocks

AFFIN 2.510
APEX 0.930
DSONIC 0.450
KAB 0.350
KOSSAN 2.120
MISC 7.900
NOTION 0.585
SIME 2.800
SIMEPLT 4.440

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