Trading ideas: AirAsia X, Perak Transit, Jiankun, Pharmaniaga, See Hup, Dayang

TheStar Fri, Jan 15, 2021 08:56am - 3 years View Original


KUALA LUMPUR: AirAsia X Bhd, Perak Transit Bhd, Jiankun International Bhd, Pharmaniaga Bhd, See Hup Consolidated Bhd and Dayang Enterprise Holdings Bhd are among the stocks to watch on Friday, according to JF Apex Research.

Most of AirAsia X’s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganisation, court documents filed this month show,

Perak Transit has teamed up with concession owner Energetic Point Sdn Bhd to operate Terminal Sentral Kuantan in Pahang, which serves as a hub for express buses as well as local city buses.

Jiankun International has proposed to undertake a private placement of up to 20% of the total number of issued shares in the company to raise an indicative maximum amount of RM23.03mil, which will partly fund the group’s planned land acquisition in Melaka and development costs of the tract.

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