Trading ideas: ARB, LYC Healthcare, Tan Chong Motor, FGV

TheStar Tue, May 19, 2020 08:54am - 3 years View Original


KUALA LUMPUR: JF Apex Research expects ARB Bhd, LYC Healthcare Bhd, TAN CHONG MOTOR HOLDINGS BHD and FGV Holdings Bhd are among the stocks to watch on Tuesday.

ARB has entered into a partnership deal with Beijing Kuangshi Technology Cl Ltd (MegVii) to explore business opportunities in artificial intelligence (AI) facial recognition application and relevant algorithm technology in the Internet of things (IoT) field in Malaysia;

LYC Healthcare is partnering with Biofresh Hygiene Services Sdn Bhd to market cleanliness, hygiene and sanitation services in Malaysia amid rising awareness of hygiene due to the Covid-19 pandemic.

Tan Chong Motor said its subsidiary in Vietnam has been appointed as the exclusive importer and distributor of completely-built-up (CBU) MG brand vehicles in that country.

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