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PublicInvest Research

Author: PublicInvest   |   Latest post: Wed, 5 Aug 2020, 11:25 AM

 

TECHNICAL BUY: ACO (0218)

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Description

ACO Group is a distributor of electrical products and accessories specialising in cables, wires and accessories; electrical distribution, protection and control devices; and electrical appliances and accessories. Other products include water plumbing materials, power tools and accessories, as well as CCTV and alarm systems.

Fundamentals

ACO and Prima Nexus S/B will work together to distribute the Covid-19 Antibody Rapid Test Kit (ARTK) which have been approved by the Ministry of Health Malaysia, within Malaysia. ACO looks forward to establish a productive business relationship with Prima Nexus S/B and will explore new business avenues that leverage on both companies' strengths, riding on ACO's large distribution network and Prima Nexus S/B's strong knowledge in the medical industry.

Source: PublicInvest Research - 13 Jul 2020

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Labels: ACO

Related Stocks

Chart Stock Name Last Change Volume 
ACO 0.545 +0.015 (2.83%) 16,808,000 

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