Trading ideas: MK Land, Axiata, Straits Energy, Handal

TheStar Tue, Sep 28, 2021 08:46am - 2 years View Original


KUALA LUMPUR: Companies which could see trading interest on Tuesday following their corporate actions are MK Land, Axiata, Straits Energy, Aemulus, Handal and AirAsia X, says JF Apex Research.

MK Land's 4QFY21 net profit soared 275.9% on-year, supported by a jump in other operating income, particularly from its property development segment.

Axiata's Axiata Investments (Indonesia) Sdn Bhd is selling a 5% stake in Indonesia-listed arm PT XL Axiata Tbk to Ferrymount Investments Ltd (FIL) for 1.44 trillion rupiah (RM423.5mil) or 2,700 rupiah (79 sen) per share.

Straits Energy Resources has teamed up with Singapore-based Seashore Technologies Pte Ltd to explore wireless network communication business opportunities in Malaysia and regionally.

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Related Stocks

5835 0.000
AAX 1.340
AWC 0.635
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STRAITS 0.120

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