Trading ideas: Advanced Packaging Technology, Artroniq, Kim Loong, SCGM

TheStar Wed, Mar 30, 2022 08:53am - 2 years View Original


KUALA LUMPUR: Stocks to watch on Wednesday include Advanced Packaging Technology (M) Bhd, Artroniq Bhd, Apollo Food Holdings Bhd, Kim Loong Resources Bhd and SCGM Bhd, according to JF Apex Research.

Advanced Packaging Technology has proposed a reorganisation under which a newly formed company — Greater Bay Holdings Bhd — will take over its issued share capital and assume its listing status.

The group has also proposed a share split involving the subdivision of every one existing share into four subdivided shares.

Artroniq said it is in the midst of discussions to acquire an ICT company and monetise its manufacturing business, responding to an unusual market activity (UMA) query by Bursa Securities.

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