Trading ideas: Dayang, Samaiden, UOA REIT, Jentayu, Rapid, YNH Property, Bina Darulaman, G3, Ajiya and TAS Offshore

3 months ago 63
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KUALA LUMPUR: The trading stock of companies that made corporate announcements include Dayang, Samaiden, UOA REIT, Jentayu, Rapid, YNH Property, Bina Darulaman, G3, Ajiya and TAS Offshore, said Apex Securities Research.

Dayang Enterprise Holdings Bhd has received a contract extension for the scope expansion to cover Sarawak Gas (SK Gas) area under contract amendment for the provision of offshore maintenance, construction and modification (MCM) Services for PETRONAS Carigali Sdn Bhd (PCSB).

Samaiden Group Bhd’s wholly-owned subsidiary, Samaiden Sdn Bhd and its consortium member JS Solar Sdn Bhd, have won a contract worth RM100mil from NUR Renewables Sdn Bhd to develop a solar power plant at Kulim Hi-Tech Park (KHTP), Kedah.

UOA Real Estate Investment Trust’s (UOA REIT) net rental income fell 11.77% to RM18.76 million for the fourth quarter ended Dec 31, 2023 (4QFY2023), from RM21.26 million a year earlier, dragged down by lower gross rental and higher property operating expenses.

Jentayu Sustainables Bhd, whose share price plummeted 58% over the last week, asserted that the recent selling wave does not accurately reflect the company's underlying fundamentals.

Bursa Malaysia on Monday again freezed the lower limit of the share price for Rapid Synergy Bhd and YNH Property Bhd following a sharp fall in both companies' prices. Bursa Securities previously freezed the lower limit for both stocks last Wednesday.

Bina Darulaman Bhd (BDB) has teamed up with Shanghai Youzhu Industry Co Ltd to pursue an industrial waste management project.

Global Man Capital Sdn Bhd has ceased to be a substantial shareholder in G3 Global Bhd, following a disposal of 168.67 million shares or 4.47% in the company via off-market trade.

Ajiya Bhd slipped into a net loss of RM13.02 million in the fourth quarter ended Nov 30, 2023 (4QFY2023), compared to a net profit of RM9.48 million a year ago.

PGF Capital Bhd's net profit rose over two-fold in the third quarter ended Nov 30, 2023 (3QFY2024) to RM5.4 million from RM2.03 million a year ago, driven by higher revenue.

TAS Offshore Bhd (TAS) via its wholly-owned subsidiary has secured shipbuilding contracts for three units of tugboats with a total value of RM22.6 million.

Rapid Synergy Bhd has revealed that the land disposal it had mentioned in an earlier response to an unusual market activity (UMA) query from Bursa Malaysia is in its final stage, with a price tag of RM39 million.

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