Trading ideas: Carlsberg, Hartalega, Supermax, AirAsia X, Capital A, Sand Nisko Capital, Citaglobal and Velesto Energy


KUALA LUMPUR: There have been new corporate announcements made by the following companies - Carlsberg, Hartalega, Supermax, AirAsia X, Capital A, Sand Nisko Capital, Citaglobal and Velesto Energy.

Apex Research reported that Carlsberg Brewery Malaysia Bhd’s 1Q23 net profit dropped 7.15% to RM85.04 million.

Hartalega Holdings Bhd fell into the red for FY2023 with a net loss of RM218.04 million.

Supermax Corporation Bhd bought back 66.9 million of its own shares from April 19 to May 9, amounting to RM58.45 million.

AirAsia X Bhd (AAX), the affiliate of Capital A Bhd, has been granted a further three-month extension of time until July 28 to submit its PN17 regularisation plan.

Sand Nisko Capital Bhd’s unit has expressed its interest to participate in a RM1.75 billion mixed-used development project in Alor Gajah, Melaka.

Citaglobal Bhd’s unit bagged a RM261 million works contract for the Klang Valley Electrified Double Track Phase 2 (KVDT2).

Velesto Energy Bhd’s unit won three jack-up drilling rigs contracts for Petronas valued at RM569.48 million.

Meanwhile, Apex said the FBM KLCI could remain sideways above the support of 1,431 points following the negative performance on Wall Street.

The US market was lower overnight following concerns over the US debt ceiling while investors look forward to April’s CPI later today.

Earlier, European markets were also lower as investors waited for the Bank of England’s rate decision on Thursday.

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