<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on February 18, 2019</span></p></div><div class=newsTextDataWrapInner><p><strong>Silver Ridge Holdings Bhd (-ve)</strong><br />
Trading of shares in Silver Ridge Holdings Bhd (fundamental: 1.2/3, valuation: 0/3) also made it to our stocks with momentum list last Friday for the first time this year.</p></div>

<div class=newsTextDataWrapInner><p>The stock closed down 1.5 sen or 4.69% to 30.5 sen, after 9.12 million shares were done, near four times the counter’s 200-day average of 2.33 million shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>On Jan 16, the group said it has bagged two contracts from Telekom Malaysia Bhd (TM) with a combined value of RM5.7 million to provide maintenance and support services for Huawei. Its wholly-owned subsidiary Silver Ridge Sdn Bhd accepted the letters of award from TM on Jan 15.</p></div>

<div class=newsTextDataWrapInner><p>The first contract, valued at RM2.58 million, ends on Dec 31, 2020, with an option to extend by one year. The second contract, valued at RM3.11 million, is for three years until Dec 31, 2021.</p></div>

<div class=newsTextDataWrapInner><p>Silver Ridge Holdings is currently trading at 3.8 times its net book value.</p></div>


Silver Ridge Holdings Bhd (-ve)
Trading of shares in Silver Ridge Holdings Bhd (fundamental: 1.2/3, valuation: 0/3) also made it to our stocks with momentum list last Friday for the first time this year.

The stock closed down 1.5 sen or 4.69% to 30.5 sen, after 9...

Stock With Momentum: Silver Ridge Holdings

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<p>E-government services provider MyEG Services Bhd has inked an agreement to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products.</p>


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<p>(April 24): JPMorgan Chase CEO Jamie Dimon said the U.S. economy was booming and consumer spending continued to be resilient.</p>

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<p>RHB Retail Research said YBS International Bhd is set to resume its uptrend after climbing above the 80.5 sen immediate resistance, surpassing the 21-day simple moving average line.</p>


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<p>Tesla&nbsp;said it will lay off 6,020 employees in Texas and California ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle (EV) maker's strategy to combat slowing demand and falling margins.</p>


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