Trading ideas: Daya Materials, QL Resources, Masteel, MRCB, SapuraKencana


KUALA LUMPUR: JF Apex Research expects Daya Materials, QL Resources, Malaysia Steel Works (KL) (Masteel), Malaysian Resources Corp Bhd (MRCB), SapuraKencana Petroleum to see trading interest on Monday.

It said Daya Materials plans to buy two vessels costing RM888mil by undertaking fund raising exercises of private placement, rights issue with warrants, and seven-year redeemable convertible secured bonds.

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