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New logistics providers jump on the bandwagon

Competition in the logistics space is heating up. But it is taking on a new dimension – the entry of well-funded startups looking to cash in on the growing e-commerce trends.

Trading ideas: KNM, GDex, WCT, Malakoff, Hibiscus, Press Metal

KUALA LUMPUR: JF Apex Research expects KNM Group Bhd, GD Express Carrier Bhd (GDex), WCT Holdings Bhd, Malakoff Corp Bhd, Hibiscus Petroleum Bhd and Press Metal Aluminium Holdings Bhd to be among the stocks to watch on Tuesday.

Sunway 'hold', GD Express 'neutral', Cypark 'add', Construction 'neutral'

MAYBANK IB Research is “neutral” on Sunway Bhd’s acquisition of Blacktop Industries Sdn Bhd (BISB), as it is awaiting further information on production capacity and utilisation rate from the management.