Trading ideas: Cypark, Power Root, Solarvest, Alpha IVF, AWC, Wellcall, MMHE, Euro, Sorento, OB, Magni-Tech

TheStar Wed, Sep 04, 2024 07:39am - 1 month View Original


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Cypark Resources Bhd is deferring its periodic distribution for its RM235mn tranche 1 perpetual sukuk, due Wednesday, to focus on meeting the commercial operations date for its 60MW floating solar plant in Kelantan.

Power Root Bhd has submitted the necessary documents to the Securities Commission of Malaysia for the Islamic Medium-Term Notes of up to RM500mn in nominal value to raise funds.

Solarvest Holdings Bhd has secured a RM113.3mn contract from P Solar Sdn Bhd to construct a 30MW solar plant in Pekan, Pahang.

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