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Trading ideas: UWC, Aeon Credit, IJM Corp, Barakah, Asdion

KUALA LUMPUR: JF Apex Research expects UWC Bhd, Aeon Credit Service (M) Bhd, IJM Corp Bhd, Barakah Offshore Petroleum Bhd and Asdion Bhd to be among the stocks to watch on Wednesday.

Quick take: GKent’s shares fall after earnings announcement

KUALA LUMPUR: George Kent (M) Bhd’s (GKent) shares fell 2.7% in early trade on Wednesday after its earnings fell 37% in the first quarter ended April 30.

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CEO: Mudajaya on track for turnaround

AT its AGM earlier this week, Mudajaya Group Bhd shareholders had plenty of questions for its board of directors in light of its financial performance of late.

More people may be called up over sex videos, says Deputy IGP

SHAH ALAM: More people will be called up in connection with the sex videos implicating Datuk Seri Azmin Ali if the need arises, says Datuk Mazlan Mansor.

tarmetro Watch

SMK St Mary, Kuala Lumpur’s gala dinner will be held at Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, Kuala Lumpur on July 6 at 7.45pm.

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Willowglen eyes LRT3, ECRL jobs

THE change in regime in Putrajaya has allowed more companies to participate in mega projects through the practice of competitive tenders.

Quick take: Ikhmas Jaya shares gain 2.3% on LRT3 contract win

KUALA LUMPUR: Shares of Ikhmas Jaya Group Bhd rose over 2.3% after it secured a RM405mil Light Rail Transit Line 3 (LRT 3) job.

Ikhmas Jaya accepts RM405m LRT3 sub-contract

KUALA LUMPUR: Ikhmas Jaya Group Bhd's unit has accepted a RM405mil contract for works pertaining to the construction of Light Rail Transit Line 3 from Bandar Utama to Johan Setia, from Pembinaan Jaya Zira Sdn Bhd.

AmInvest Research neutral on property sector, Sunway, IOI Prop top picks

KUALA LUMPUR: AmInvestment Research may upgrade its neutral stance for the property sector to overweight if banks are to ease lending policies on properties or consumer sentiment is to improve significantly.

George Kent banks on metering business

PETALING JAYA: Engineering specialist company George Kent (M) Bhd aims to increase the earnings contribution from its metering business to 50% in the medium term.