Trading ideas: Caely Holdings, Bumi Armada, Gamuda, Rerservoir Link Energy, GIIB and Sarawak Cable

TheStar Wed, Apr 20, 2022 08:47am - 2 years View Original


KUALA LUMPUR: Stocks that could see investor interest on Wednesday include Caely Holdings, Bumi Armada, Gamuda, Rerservoir Link Energy, GIIB and Sarawak Cable, according to JF Apex Research.

Caely Holdings Bhd said its bank accounts have been frozen by authorities and it is not aware of any wrongdoing.

Bumi Armada Bhd announced that the group and its subsidiary have been named in prosecutions initiated by the Indian Central Bureau of Investigation (CBI) and the Indian Enforcement Directorate (ED) with the Trial Court in India.

Gamuda Bhd announced that its four highway concession holding companies have each separately accepted the respective takeover offer extended by Amanah Lebuhraya Rakyat Bhd.

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