Trading ideas: Maxis, AirAsia X, Rubberex, CSC Steel

TheStar Mon, Nov 23, 2020 08:05am - 3 years View Original


KUALA LUMPUR: Maxis, AirAsia X, Rubberex and CSC Steel are among the companies to watch on Monday after their recent corporate announcements, TA Securities Research said.

Maxis’s unit Maxis Broadband Sdn Bhd has been hit with an RM140.0mil tax bill after served with notices of additional assessment with penalties for tax years 2016 and 2017 from the Inland Revenue Board on Nov 17.

AirAsia X has been ordered to pay a total of RM133.1mil in two lawsuits brought against it in the UK, involving aircraft leasing.

Rubberex's net profit for the 3QFY20 surged 13 times to RM39.5mil from RM3.1mil a year ago, driven by higher nitrile glove demand.

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