Trading ideas: Kawan Food, Malaysia Airports Holdings, Tomei Consolidated, Eastern & Oriental, Tropicana Corp, Taliworks Corp and KPower

TheStar Fri, Apr 22, 2022 08:38am - 2 years View Original


KUALA LUMPUR: Stocks in focus on Friday could include Kawan Food, Malaysia Airports Holdings, Tomei Consolidated, Eastern & Oriental, Tropicana Corp, Taliworks Corp and KPower, said JF Apex Research.

Kawan Food Bhd is acquiring five parcels of land measuring 7.08 acres in Shah Alam, Selangor for a total of RM50.46mil.

Malaysia Airports Holdings Bhd (MAHB) said international passenger movements at its nationwide airport network recorded a 52% increase to 420,000 in March from February, driven by the implementation of various Vaccinated Travel Lane (VTL) programmes.

Tomei Consolidated Bhd's wholly-owned precious metals arm YX Precious Metals Bhd (YXPM) has signed an underwriting agreement with Public Investment Bank Bhd in conjunction with its upcoming initial public offering (IPO) on the ACE Market by end-June.

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