Trading ideas: Favelle Favco, Matang, Ajiya, Sapura Energy, Focus Point, TWL Holdings, Sentoria Group and Advanced Packaging

TheStar Mon, May 09, 2022 08:45am - 2 years View Original


KUALA LUMPUR: Stocks with recent corporate news flow that could see increased trading interest include Favelle Favco, Matang, Ajiya, Sapura Energy, Focus Point, TWL Holdings, Sentoria Group and Advanced Packaging, said JF Apex Research.

Favelle Favco Bhd has won an aggregate amount of contracts worth RM55mil between Feb 22, 2022 and May 6, 2022.

Matang Bhd plans to raise RM22.59mil via a proposed private placement of up to 217.2 million shares or 10% of its total issued shares.

Ajiya Bhd has appointed Chiau Haw Choon of Chin Hin Group as its managing director.

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