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Quick take: Kerjaya shares up on new contract
KUALA LUMPUR: Shares in Kerjaya Prospek Group Bhd rose in early trade Tuesday after securing a RM154.4mil contract.
Trading ideas: Willowglen, PetChem, Kerjaya Prospek, GKent, GPacket
KUALA LUMPUR: JF Apex Research expects Willowglen MSC Bhd, Petronas Chemicals Group Bhd (PetChem), Kerjaya Prospek Group Bhd, George Kent (M) Bhd, Global Oriental Bhd and Green Packet Bhd to be among the stocks to watch on Tuesday.
Kerjaya Prospek fifth contract lifts year-to-date win to RM1.3bilÂ
KUALA LUMPUR: Construction firm Kerjaya Prospek Group Berhad said a 70% owned subsidiary has secured a contract worth RM154.4mil to build a temporary coastal protection structure in Tanjung Tokong, Penang.
‘Reclamation unlinked to Teluk Bahang woes’
GEORGE TOWN: Environmental experts have ascertained that the reclamation in Gurney Drive has no connection with the pollution and mass deaths of fish affecting Teluk Bahang.
E&O reports RM8.8mil loss in Q3
KUALA LUMPUR: Eastern and Oriental Bhd posted a net loss of RM8.8mil for the third quarter ended Dec 31, 2018 from a net profit of RM21.98mil in the same period the previous year.
E&O stock price tumbles on cash call
PETALING JAYA: Eastern & Oriental Bhd (E&O) saw RM318.4mil erased from its market capitalisation as investors were unreceptive towards its cash call despite some analysts saying the move would put the group on a stronger footing.
Short selling of E&O suspended after breaching price limit
KUALA LUMPUR: The short selling of property company Eastern & Oriental was suspended in late Tuesday morning session after its share price fell more than 15 sen or 15%.
E&O on the lookout for investors for STP2A project
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is on the lookout for local or global investors for its Seri Tanjung Pinang Phase 2A (STP2A) project to reduce risk and manage the group’s cashflow.
Ikhmas Jaya unit bags RM78mil contract
PETALING JAYA: Ikhmas Jaya Group Bhd has secured a RM78mil contract from Kerjaya Prospek (M) Sdn Bhd for works related to the proposed Seri Tanjung Pinang (Phase 2) development (STP2).
