KUALA LUMPUR: JF Apex Research expects Dagang Nexchange Bhd
(DNeX), Uzma Bhd, Pecca Group Bhd and Majuperak Holdings Bhd to be among the stocks to watch on Wednesday.
DNex's subsidiary PING Petroleum UK Ltd (PING UK) is acquiring the remaining 50% stake in the UK offshore Avalon Oilfield from Sumitomo for US$17mil (RM71.72mil) under a deal said to stem from the seller's intention to shift away from the fossil fuel business and the buyer's decision to avoid any potential conflicts which may arise should the 50% stake be sold to a third party.
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