Trading ideas: Widad, Macpie, NTPM, Velesto, Boustead, Genting Malaysia

KUALA LUMPUR: Widad Group Bhd, Macpie Bhd, NTPM Holdings Bhd, Velesto Energy Bhd, Boustead Holdings Bhd and Genting Malaysia Bhd are among the stocks to watch on Monday, according to JF Apex Research.

Widad said it has completed its RM127.02 million acquisition of Serendah Heights Sdn Bhd, which is a concession holder for the maintenance of the Universiti Teknologi MARA (UiTM) campus in Jasin, Melaka. The deal has boosted Widad’s order book to RM1.5bil.