Trading ideas: UEM, SD Guthrie, Feytech, Tex Cycle, Public Bank, GenM, MMAG, Nestle, SEGi, Serba Dinamik, AME Elite, DXN, MBSB, TNB, CIMB

TheStar Tue, Jun 04, 2024 08:07am - 3 weeks View Original


KUALA LUMPUR: Here is a recap of the corporate announcements that could spur trading activity today.

UEM Sunrise Bhd has partnered with Logos Infrastructure Holdco Pte Ltd to explore the opportunity to develop a data centre campus in Gerbang Nusajaya, Johor, which will be located on a 74-acre site with a potential capacity of up to 360MW.

Feytech Holdings Bhd proposed to acquire 9.8 acres freehold industrial land in Perak for RM20,0mn from DRB-Hicom Bhd’s unit Proton City Development Corp Sdn Bhd.

Tex Cycle Technology (M) Bhd is looking to raise up to RM32.0mn via a private placement for the construction of an integrated scheduled waste management facility in Sabah.

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