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Trading ideas: Heitech, HL Bank, Genting Malaysia, Caely, Axis REIT

KUALA LUMPUR: Stocks to watch on Thursday include Heitech Padu Bhd, Hong Leong Bank Bhd, Genting Malaysia Bhd, Caely Holdings Bhd, Axis Real Estate Investment Trust’s (Axis REIT), Vizione Holdings Bhd and Reneuco Bhd, according to Apex Securities.

Reneuco acquires Adat Sanjung for RM90mil

KUALA LUMPUR: Reneuco Bhd has proposed to acquire Adat Sanjung Sdn Bhd (ASSB) for RM90mil from OHP Ventures Sdn Bhd (OVSB).

Hong Leong Bank, Genting Malaysia, Caely, Axis REIT, Vizione, Reneuco, MN Holdings and Heitech Padu

KUALA LUMPUR (Oct 19): Here is a brief recap of some corporate announcements that made news on Wednesday (Oct 19), involving Hong Leong Bank Bhd, Genting Malaysia Bhd, Caely Holdings Bhd, Axis Real Estate Investment Trust (REIT), Vizione Holdings Bhd, Reneuco Bhd, MN Holdings Bhd and Heitech Padu Bhd.

Reneuco acquires Adat Sanjung for RM90 mil

KUALA LUMPUR (Oct 19): Reneuco Bhd, through its subsidiary Reneuco RE Sdn Bhd, has entered into a conditional share sale agreement (SSA) with OHP Ventures Sdn Bhd (OVSB) to acquire Adat Sanjung Sdn Bhd (ASSB) for RM90 million in a cash-plus-shares deal.

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