Trading ideas: MRCB, Sentral REIT, Southern Score, CBH Engineering, LCT, SLP Resources, Tong Herr, Oriental Kopi, AWC


KUALA LUMPUR: Stocks to watch today include Malaysian Resources Corp Bhd (MRCB), Sentral REIT, Southern Score Builders Bhd, CBH Engineering Holding Bhd, Lotte Chemical Titan Holding Bhd, SLP Resources Bhd, Tong Herr Resources Bhd, Oriental Kopi Holdings Bhd and AWC Bhd.

MRCB has secured a RM3.028bil contract to deliver the railway systems package for the Penang LRT Mutiara Line.

The 68.8-month contract covers the design, supply, installation, testing, commissioning and maintenance of the Penang LRT's railway systems, including trains, signalling, power supply, telecommunications and ticketing systems.

Sentral REIT's realised net income for the first six months to June 30 (1H26) edged up 0.4% to RM39.9mil, while realised revenue increased 3.3% to RM97.4mil, supported by higher occupancy, stronger rental rates and contributions from Arcoris Mont' Kiara.

The REIT declared a 1H26 distribution of 3.17 sen per unit, up from 3.16 sen a year ago, with payment scheduled for Sept 18.

Southern Score Builders has secured a RM146.5mil subcontract for electrical works at a data centre project, with completion scheduled for January 2028.

CBH Engineering has secured a RM26.2mil contract to upgrade a 275kV substation in Selangor, with completion scheduled by February 2027.

Lotte Chemical Titan posted a net loss of RM174.2mil in the second quarter ended June 30, 2026, compared with a net loss of RM173.1mil a year earlier, despite revenue more than doubling to RM3.1bil from RM1.4bil.

SLP Resources' 2Q26 net profit jumped to RM5.9mil from RM1.7 mil despite revenue declining 13.9% to RM34.2mil, supported by a better product mix and higher average selling prices.

The group declared a second interim dividend of 1.25 sen per share for FY2026, payable on Oct 7, 2026, to shareholders on record as at Sept 17, 2026.

Tong Herr Resources has received a privatisation proposal from its major shareholders via a selective capital reduction at RM2.55 per share, representing a 34.2% premium, with plans to delist the company from Bursa Malaysia upon completion.

Oriental Kopi is expanding its international presence by entering Indonesia through a joint venture with PT Era Boga Nusantara and signing a franchise agreement to launch its brand in Mauritius, with its first Jakarta outlet targeted to open by end-2026.

AWC's wholly-owned subsidiary, Qudotech Sdn Bhd, has secured a RM23.08mil data centre-related subcontract for plumbing, silo tank and internal sanitary works, with the project expected to contribute positively to earnings through June 2027.

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