Astaka CEO upbeat on its Iskandar projects
Its flagship project - One Bukit Senyum - is near Johor's CIQ complex; its Bukit Pelali project is near the Pengerang Integrated Petroleum Complex.
Anita Gabriel
THERE are stocks that an investor can fall sound asleep on (safe bets that don't require incessant monitoring) and then, there is Catalist-listed Astaka Holdings - a stock that for most part is asleep.
The last time this counter saw any activity was two months ago in November; it hit 24 Singapore cents then - a high for the stock but one that means little else considering it was listed at around that level over two years ago following a reverse takeover of E2-Capital Holdings.
It's hard to rule out stock envy with a paltry 36,000 of this Johor-based builder's shares traded daily on average.
Copyright SPH Media. All rights reserved.