Trading ideas: Press Metal, MNC Wireless, Genetec, Censof, UEM Sunrise, UMW

TheStar Thu, Mar 11, 2021 09:05am - 3 years View Original


KUALA LUMPUR: Stock to watch on Thursday include Press Metal Aluminium Holdings Bhd, MNC Wireless Bhd, Genetec Technology Bhd, Censof Holdings Bhd, UEM Sunrise Bhd, Hartalega Holdings Bhd, UMW Holdings Bhd, according to JF Apex Research.

Press Metal has proposed to undertake a bonus issue of 4.04 billion new ordinary shares on the basis of one bonus share for every one existing share held on an entitlement date to be announced later.

MNC Wireless plans to raise about RM20.26mil through a private placement to develop a lifestyle e-commerce platform and for working capital.

Genetec Technology said it has secured new orders worth approximately RM59.5mil from new and existing customers.

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