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Trading ideas: Kawan Food, Yong Tai, Sunway, Seni Jaya, AirAsia

are among the stocks to watch on Thursday, according to JF Apex Research. Kawan Food has invested RM7.28mil in a solar photovoltaic installation at its headquarters in Pulau Indah Selangor Halal Hub. Yong Tai, which has partnered China-based Shenzhen Kangtai Biological Products Co Ltd to supply Chinese-produced Covid-19 vaccines in Malaysia, is targeting to offer its vaccines to the private sector by September or October. Sunway Bhd announced an upward revision of its property sales targets to RM2.2bil from its previously set target of RM1.6bil in January 2021, following higher contributions from its overseas projects. Seni Jaya has proposed to undertake a private placement of up to 20% of its total number of issued shares to raise RM18.11mil for business expansion.

Ample supply of essentials from e-grocers on Lazada with fast 24-to-48-hour delivery during lockdown

TO meet the expected rise in demand for groceries online during the coming full nationwide lockdown, Lazada has strengthened its logistics operations to empower local grocers with 24-to-48-hour delivery services, while also supporting homebound communities with millions of daily free shipping vouchers on essential items.

Kawan Food continues to bank on positive momentum

Kawan Food continues to bank on positive momentum
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kawan to ride on growing frozen food demand

dates back to the 1960s when the family of Gan Thiam Chai made and sold pastries such as “pau, spring roll and kuih.’’ All these were made manually then. It was only in the 1970s that he started a smallish outfit known as Kian Guan Trading Co and from there continued to expand the range of its products and supplied them to local grocers and supermarkets. Kian Guan was subsequently renamed Kawan Food Bhd – now one of the major suppliers of frozen food. Its products are also found in various supermarkets and grocery stores locally and in 36 countries globally. Its major export markets include the United States, the United Arab Emirates and the United Kingdom. Kawan was listed on Bursa Malaysia in 2005.

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