KUALA LUMPUR: Stocks to watch on Thursday include BUMI ARMADA BHD
, AMMB HOLDINGS BHD, Sedania Innovator Bhd, Serba Dinamik Holdings and XIDELANG HOLDINGS LTD, according to JF Apex Research.
Bumi Armada said the extension of the floating production storage and offloading (FPSO) vessel contract awarded to its joint-venture in India has been delayed due to the current lockdown there.
YINSON has completed a US$800mil (RM3.47bil) refinancing exercise for its floating, production, storage and offloading (FPSO) unit, John Agyekum Kufuor (JAK).
AMMB and Insurance Australia Group Ltd (IAG) invited potential suitors to submit non-binding bids for the Malaysian insurer by the end of this month, according to a news report. AMMB controls 51% of AmGeneral, while IAG owns the remaining balance.
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