Trading ideas: Anzo, Sino Hua-An, Jerasia, Dialog, Boustead, Ikhmas Jaya

TheStar Mon, Jul 06, 2020 09:00am - 3 years View Original


KUALA LUMPUR: Stocks to watch on Monday include ANZO HOLDINGS BHD, Jerasia Capital Bhd, SINO HUA-AN INTERNATIONAL BHD, Dialog Group Bhd, BOUSTEAD HOLDINGS BHD and Ikhmas Jaya Group Bhd, according to JF Apex Research.

Anzo is acquiring assets comprising land, buildings, machineries, equipment and vehicles from Wintrade World Sdn Bhd, for RM55mil in cash, to produce medical and nitrile gloves.

Sino Hua-An is acquiring Hong Kong’s Internet of things (IoT) firm HK Aerospace for US$35mil (RM150.06mil) to strengthen the former’s digital transformation and digital ecosystem solutions;

Jerasia Capital is venturing into the healthcare industry using its production lines to produce personal protection equipment (PPE) for both local and export markets.

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