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.
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