Trading ideas: Mudajaya, EITA Resources, Hap Seng, 7-Eleven

KUALA LUMPUR: JF Apex Research expects Mudajaya Group Bhd, EITA Resources Bhd, Hap Seng Consolidated Bhd, 7-Eleven Malaysia Holdings Bhd and Datasonic Group Bhd to be among the stocks to watch on Thursday.

Mudajaya is disposing of a 7.07% stake in R.K.M Powergen Pte Ltd to Apollo Ventures Co Ltd for US$19.5mil (RM76.6mil) cash. Mudajaya is expected to realise a loss of RM49.1 million from the proposed disposal.