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BigPay Is Focused on Expanding Operations into Thailand, Following AirAsia s Acquisition of Gojek s Thai Division

BigPay Is Focused on Expanding Operations into Thailand, Following AirAsia s Acquisition of Gojek s Thai Division
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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.

EVENING 5: Five things you need to know today

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today. 1. The Tan brothers of MR DIY Group (M) together with Westports’s Tan Sri G Gnanalingam and Greatech Technology’s Tan Eng Kee join Forbes billionaires list this year. 2. Tan Sri Tony Fernandes and Datuk Kamarudin Meranun sell off Caterham Cars to Japanese retailer VT Holdings. 3. Moody s expects Malaysia s non-performing loan (NPL) level to increase once the various debt relief programmes end. 4. Genting chairman and CEO Tan Sri Lim Kok Thay expects significant challenges to persist in 2021 despite the nascent recovery in the regional gaming market.

AirAsia Indonesia CEO receives Global Aviation Achievement Award

AirAsia Indonesia CEO receives Global Aviation Achievement Award
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