Trading ideas: Sunway, Prestariang, Merge Energy, Dialog, Utusan

KUALA LUMPUR: JF Apex Research expects Sunway Bhd, Prestariang Bhd, Merge Energy Bhd, Dialog Group Bhd and Utusan Melayu (Malaysia) Bhd to be among the stocks to watch on Tuesday.

Sunway has inked a privatisation agreement with the Selangor State Development Corp (PKNS) via its 60:40 subsidiary, Sunway PKNS Sdn Bhd, to develop a mixed development on a prime 9.5-acre parcel of leasehold land in Kota Damansara.