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KUALA LUMPUR: Maybank Investment Bank Research has reinitiated coverage on Hock Seng Lee Bhd on expectations of an earnings rebound in FY21 and strong job prospects in FY22 following the Sarawak state election.
KUALA LUMPUR: JF Apex Research expects Tuju Setia Bhd, Genetec Technology Bhd, Econpile Holdings Bhd, Globaltec Formation Bhd and EKA Noodles Bhd to be among the stocks to watch on Friday.
KUALA LUMPUR: Despite a pick up in jobs over the previous quarter, Hock Seng Lee Bhd managing director Paul Yu Chee Hoe said the pandemic situation in the country remained disruptive to earnings momentum.
KUALA LUMPUR: Investors are likely to react positively to Transport Minister Datuk Seri Wee Ka Siong's weekend statement that the government will be moving ahead with the Mass Rapid Transit 3 project.
Bursa Malaysia started Friday on a weak note as investor sentiment was impacted by the overnight tumble on Wall Street and taking the hit were tech and chip makers.
Gagasan Nadi Cergas, Uzma, Axiata, DiGi.Com, Maxis, Hock Seng Lee, Datasonic and Jaycorp are among the companies which could see trading interest on Friday following their latest corporate announcements.
Hock Seng Lee Bhd (HSL) has received a letter of acceptance from Yayasan Sarawak, a statutory body of the Sarawak state government, to construct a Leadership Training Institute for Sarawak’s civil service.
KUALA LUMPUR: Hock Seng Lee Bhd has secured a RM130.7mil contract via open tender for the construction of the proposed Leadership Training Institute for the Sarawak civil service in Kuching.
An architectural design competition has been launched for a commercial development in Kuching’s central business district.