Trading ideas: KNM, Opcom, Ageson, AME, Gagasan, MGRC

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KUALA LUMPUR: Companies which could see trading interest on Monday are KNM, Opcom, Ageson, AME, Gagasan, MGRC following their corporate news recently, JF Apex Research said.

KNM has secured a RM111mil contract to supply air-cooled heat exchangers.

Opcom teamed up with Global Forway Sdn Bhd to form a 60:40 joint venture (JV) in a move to push into the 5G sector.

Ageson has secured a RM95.2mil contract for a residential development project in Gombak, Selangor.

JF Apex Research said AME Elite has been awarded a RM359mil contract to build a new integrated production facility, logistics warehouse, and office buildings for Ye Chiu Non-Ferrous Metal (M) Sdn Bhd.

Gagasan Nadi Cergas has secured a contract from the Employees Provident Fund's unit Kwasa Land Sdn Bhd to develop an affordable housing project in Selangor with a gross development value of RM1bil.

MGRC is making its genetic screening tests available in Indonesia via a partnership with medical and pharmaceutical distributor Medifirst Sdn Bhd.

Meanwhile, JF Apex Research said Bursa Malaysia has set Tuesday as the deadline for Serba Dinamik to announce the findings of the special independent review, which addresses the audit issues flagged by its former external auditor, KPMG.

Malaysia is looking into the findings by Hong Kong’s consumer watchdog that cancer-causing substances were detected in biscuits and crackers including those produced by Hup Seng.

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KNM , Opcom , Ageson , AME , Gagasan , MGRC


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