Trading ideas: SD Guthrie, Mah Sing, ITMAX, Annum, Golden Pharos, Sentral REIT
KUALA LUMPUR: Stocks likely to attract trading interest today include SD Guthrie Bhd
, and Sentral Real Estate Investment Trust
(Sentral REIT), following their latest corporate announcements.
SD Guthrie posted a net profit of RM505mil for the second quarter ended June 30, 2025 (2Q25), up from RM415mil in the same quarter last year.
The group reported revenue of RM5.17bil compared to RM4.97bil in 2Q24.
ITMax's 70%-owned subsidiary, Selmax Sdn Bhd, has been appointed as the operator of the Selangor Intelligent Parking (SIP) system by the Shah Alam City Council (MBSA).
Mah Sing has acquired 1.485-acres of freehold land in the heart of the KLCC precinct from the MUI Group for RM260mil.
The property developer said the land will be redeveloped into a premium freehold serviced apartment project with an estimated gross development value of RM1.28bil. Units are indicatively priced from RM898,000.
Annum, a plywood products manufacturer, will be delisted from Bursa Malaysia on August 12, 2025, following the dismissal of its appeal for an extension of time to submit a regularisation plan.
Golden Pharos’s unit GP Plywood has appointed GK Vest as the operator for a biochar production facility on 1.19 acres in Dungun, Terengganu, under an 80:20 revenue-sharing agreement.
Sentral REIT posted a lower realised net income of RM20.14mil in 2QFY25 versus RM20.53mil a year earlier, as revenue slipped to RM47.7mil from RM49.03mil.
For 1HFY25, net income was slightly lower at RM39.74mil, while revenue declined to RM95.15mil. It declared a 3.16 sen interim distribution, ex-date Aug 21, payable Sept 18.
……Read full article on The Star Online - Business
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