Trading ideas: Gamuda, Yinson, SunCon, Eco World Development, Straits Energy Resources, Chin Hin Group Property, Ta Win and Pasukhas

KUALA LUMPUR: Stocks with recent corporate news flow include Gamuda, Yinson, Sunway Construction, Eco World Development, Chin Hin Group Property, Straits Energy Resources, Ta Win and Pasukhas, said Apex Research.

Gamuda Bhd’s 2QFY23 net profit grew 9.88% to RM194.62 million.

Yinson Holdings Bhd's 4QFY23 net profit jumped 158.5% to RM168 million.

Sunway Construction Group Bhd has won a contract for the construction of station and viaducts for the Johor Bahru–Singapore Rapid Transit System (RTS) for RM604.86 million.

Eco World Development Group Bhd’s net profit for 1QFY23 fell 10% to RM57 million.

Chin Hin Group Property Bhd has emerged as a substantial shareholder of NCT Alliance Bhd.

Straits Energy Resources Bhd said its 38%-associate CBL International Ltd has been granted in-principle approval to list on the Nasdaq.

Ta Win Holdings Bhd is acquiring Asia Poly Holdings Bhd's 15% stake in Cyprium Wire Technology Sdn Bhd (CWT) for RM12 million.

Pasukhas Group Bhd saw an increase in the value of the contract to RM12.7 million from RM7.08 million for concrete substructure works for the head building of the Dexcom Malaysia Factory 3 project in Penang.

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