Trading ideas: Hibiscus, AirAsia, Pansar, Dutch Lady

TheStar Thu, Sep 10, 2020 08:52am - 3 years View Original


KUALA LUMPUR: Hibiscus Petroleum, AirAsia, Pansar and Dutch Lady are among the stocks which could see trading interest on Thursday following their corporate announcements, JF Apex Research says.

Hibiscus Petroleum is raising up to RM2bil via a private placement as part of its accelerated plans to acquire good-value and high-quality producing assets.

AirAsia has set up a unit which aims to be Asia’s leading provider of engineering services for AirAsia’s group of airlines and other commercial airlines.

As for Pansar, it plans to diversify its business to include construction and civil engineering by acquiring Sarawak-based builder Perbena Emas Sdn Bhd for RM151mil cash.

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