Trading ideas: Nestcon, AE Multi, MAG, Aeon Credit

TheStar Thu, Jul 01, 2021 08:37am - 2 years View Original


KUALA LUMPUR: Companies which could see trading interest on Thursday after their corporate news include Nestcon, AE Multi, MAG Holdings and Aeon Credit, according to JF Apex Research.

Nestcon secured a RM230mil contract to build serviced apartments in Sungai Buloh, Selangor.

AE Multi bagged a RM65.18mil contract from Green Ocean to design, install and commission eight double former dipping lines for rubber glove production.

MAG Holdings sold a 20.91% stake of its 40.77% shareholding in associate Henan XingHe Oil and Fat Company Ltd (HXOF) for RM37.8mil to reduce its losses from the investment.

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