Trading ideas: PLB Engineering, Rhone Ma, Axiata, Telekom Malaysia

KUALA LUMPUR: JF Apex Research expects PLB Engineering Bhd, Rhone Ma Holdings Bhd, Axiata Group Bhd and Telekom Malaysia Bhd to be among the stocks to watch on Monday.

PLB Engineering has signed a conditional joint development agreement (JDA) with the Penang State Government and its development arm to undertake rehabilitation works for the Jelutong dumpsite along Lebuhraya Tun Dr Lim Chong Eu in Penang in exchange for three-fourths of the rehabilitated land.