Buying and selling concepts: IHH, Advancecon, Pestech, KNM, Petronas Chemical substances, Ta Ann

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KUALA LUMPUR: Shares on traders’ radar display screen on Tuesday may embody IHH, Advancecon, Pestech, KNM, Petronas Chemical substances, Ta Ann, Maybulk, BP Plastics, Income Group, Hextar World, AirAsia, Lay Hong, Guan Chong and Hong Leong Industries, based on JF Apex Analysis.

IHH Healthcare is contemplating the potential sale of its China unit, in a deal that might worth the chain at as a lot as US$1bil, based on a information report.

Advancecon has secured a development venture price RM23.47mil in Klang from Sime Darby Property (Bukit Raja) Sdn Bhd.

Pestech has secured a contract from the Nationwide Grid Corp of the Philippines to improve the South Luzon substations price round RM156.91mil.

KNM has proposed a non-public placement of 10% of its share capital to boost as much as RM53.46mil to pare its debt (RM30mil) and dealing capital (RM22.16mil), 5 months after its non-public placement of 30% share capital was rejected by shareholders in June.

In the meantime, in earnings outcomes, Petronas Chemical substances, Ta Ann, Maybulk, BP Plastics, Income Group chalked up higher y-o-y quarterly earnings whereas Hextar World, AirAsia, Lay Hong, Guan Chong, Hong Leong Industries recorded weaker y-o-y quarterly outcomes.



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