KUALA LUMPUR: Eastern & Oriental Bhd
(E&O), UOA Development Bhd, Kelington Group Bhd, Hock Seng Lee Bhd and Barakah Offshore Petroleum Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
E&O aims to raise as much as RM550.3mil via a private placement and renounceable rights issue to fund its property development projects, which consists of Phase 2 of its Seri Tanjung Pinang reclamation and property development project (STP2), as well as the upcoming residential property projects in Kuala Lumpur such as The Conlay and The Peak.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
