Trading ideas: Mesiniaga, TSR Capital, KIP REIT, Infomina, KTI Landmark, Southern Cable, Go Innovate


KUALA LUMPUR: Mesiniaga Bhd, TSR Capital Bhd, KIP Real Estate Investment Trust (KIP REIT), Infomina Bhd, KTI Landmark Bhd, Southern Cable Group Bhd and Go Innovate Asia Bhd are among the stocks to watch today.

Mesiniaga has secured a contract extension worth RM17.86mil from the Royal Malaysian Customs Department (RMCD) in relation to the provision of the MYGST system maintenance services and license renewal.

TSR Capital has accepted a letter of award worth RM85mil from JLG Buildworks Sdn Bhd for the proposed construction and completion of infrastructure works at the southern land plot of Ibrahim Technopolis (IBTEC) township in Kulai, Johor.

KIP REIT has completed the second tranche of its private placement exercise, comprising 37 million new units issued at an issue price of RM0.825 per unit, raising gross proceeds of RM30.5mil.

Infomina posted a net profit of RM8.08mil on revenue of RM54.63mil for the first quarter ended Aug 31, 2025, compared with RM8.01mil and RM46.18mil respectively a year earlier.

KTI Landmark has accepted a letter of intent from the Ministry of Tourism, Culture and Environment of Sabah to develop a new office building in Sabah with a development cost of RM70mil.

Southern Cable plans to raise between RM218mil and RM259mil through a private placement to fund expansion that will boost cable output by 25% and triple aluminium rod production by 2027.

Go Innovate Asia Bhd has received a request from two of its shareholders, Fong Pok Yee and Derrick Chia Kah Wai, to undertake a selective capital reduction and repayment exercise at 4.25sen per share.

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