Trading ideas: Sapura Energy, CMS, Southern Steel, Dayang, Axiata


KUALA LUMPUR: JF Apex Research expects Sapura Energy Bhd, Cahya Mata Sarawak Bhd (CMSB), Southern Steel Bhd, Dayang Enterprise Holdings Bhd and Axiata Group Bhd to be among the stocks to watch on Monday.

Sapura Energy has proposed a rights issue of new ordinary shares besides Islamic redeemable, convertible preference shares (RCPS-i) in the company to raise up to RM3.98bil to reduce borrowings.

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