Trading ideas: Tuju Setia, Kerjaya Prospek, Uzma, Kelington and Titijaya Land


KUALA LUMPUR: Stocks with recent corporate announcements include Tuju Setia, Kerjaya Prospek, Uzma, Kelington and Titijaya Land, according to JF Apex Research.

Tuju Setia Bhd has won a construction contract worth RM257mil for a mixed project in Kajang, Selangor.

Kerjaya Prospek Group Bhd has secured a contract worth RM154.68mil for a residential development project in Kuala Lumpur.

Uzma Bhd has won a contract worth US$10mil (about RM44.01mil) to provide hydraulic workover unit (HWU) services in Thailand.

Kelington Group Bhd bagged a contract worth RM62mil from China's largest semiconductor foundry to perform gas hook-up works in Shanghai.

China and Titijaya Land Bhd is expected to invest about RM200mil to construct and let a logistics commercial complex on part of land measuring 26,688 square metres in Penang for DHL Properties (M) Sdn Bhd.

Meanwhile, JF Apex said the FBM KLCI could consolidate above the support of 1,530 points following the recent decline.

The US market was closed yesterday for Juneteenth holiday.

Meanwhile, European stocks advanced to rebound from last week's losses following a series of rate hikes by central banks around the world.

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