Trading ideas: Sedania, IOI Properties Rhone Ma, Vizione, SCIB

TheStar Thu, Sep 23, 2021 09:00am - 1 year View Original


KUALA LUMPUR: Stocks to watch on Thursday include Sedania Innovator Bhd, IOI Properties Group Bhd, Rhone Ma Holdings Bhd, Vizione Holdings Bhd and Sarawak Consolidated Industries Bhd (SCIB), according to JF Apex Research.

Sedania Innovator said its 51%-owned health tech subsidiary Offspring Inc Sdn Bhd is expanding into the Middle East, starting with Bahrain.

IOI Properties' wholly-owned subsidiary Boulevard View Pte Ltd has submitted a S$1.508bil (RM4.68bil) bid to buy an estimated 0.78ha (7,817.6 square metres) leasehold land known as the White site in Singapore's Marina View enclave under the country's Urban Redevelopment Authority's invitation to tender, which saw Boulevard View become the sole bidder.

Rhone Ma, via its subsidiary A2 Fresh Sdn Bhd, has entered into a joint venture agreement with Kulim (Malaysia) Bhd to develop, operate and manage a potential dairy project.

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