Based on corporate announcements and news flow on Monday, companies in focus on Tuesday (Dec 28) may include Sunway Construction Group Bhd, Ranhill Utilities Bhd, Coastal Contracts Bhd, Lambo Group Bhd, Pestech International Bhd, Censof Holdings Bhd, AirAsia Group Bhd and Techna-X Bhd.
Techna-X Bhd, formerly known as Sino Hua-An International Bhd, climbed 0.5 sen or 6.25% to 8.5 sen on Tuesday (Dec 28) morning after proposing a reverse takeover of its 50%-owned HK Aerospace Beidou New Energy Technology Co Ltd (HKAB) via Singapore-listed F&B group Chaswood Resources Holdings Ltd.
KUALA LUMPUR: Techna-X Bhd has signed a sale and purchase agreement with SGX-listed Chaswood Resources Holdings Ltd (CRHL) to inject 100 per cent of its energy storage business - HK Aerospace Beidou New Energy Technology Co Ltd (HKAB) - into CRHL for S$678.57 million (S$1=RM3.08).
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