KUALA LUMPUR: Sunway Construction, TRC Synergy, Ikhmas Jaya and VS Industry are stocks which could see trading action after their recent announcement.
Bison Consolidated will make its debut on the Main Market of Bursa Malaysia with an initial offer price of RM1.10.
Sunway Construction was awarded a RM1.21bil contract from Mass Rapid Transit Corp Sdn Bhd (MRT Corp) to build a viaduct guideway and other associated works for the MRT Sungai Buloh-Serdang-Putrajaya Line.
TRC clinched RM177.4mil worth of projects related to the Mass Rapid Transit lines.
Ikhmas Jaya was appointed main contractor for a RM173.5mil mixed development project by Gallimont Development Sdn Bhd.
VS Industry's 2QFY16 net profit rose 50.3% on-year to RM27.5mil due to stronger sales and better product mix.
Telekom Malaysia sealed an agreement with Laos' state-owned internet agency to further extend its network coverage in the Indochina region.
US markets were mixed following flat oil prices and as investors awaited comments from the Federal Reserve regarding timing of interest rate hike.
At Bursa Malaysia, the FBM KLCI ended 1.38 points lower at 1,702.41 after recovering from an intra-day low of 1,698.26.
Following the mixed performance on Wall Street, the FBM KLCI is expected to remain flat and hover around 1,700.
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