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Trading ideas: SCGM, Uzma, Econpile Holdings, Pensonic Holdings, Affin Bank, MPHB Capital, JF Technology and G Capital
KUALA LUMPUR: Stocks that could see increased trading interest on the back of corporate news flow include SCGM, Uzma, Econpile Holdings, Pensonic Holdings, Affin Bank, MPHB Capital, JF Technology and G Capital, said JF Apex Research.
Econpile secures RM37.35mil substructure works contract
KUALA LUMPUR: Econpile Holdings Bhd has secured a contract worth RM37.35mil to undertake substructure works for a project in Pantai Dalam, KL.
Diary Malaysia July 21 Monday
KUALA LUMPUR: ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
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ICON Offshore Bhd, en route to a listing on June 25, is one of the largest pure-play offshore support vessel (OSV) providers in South-East Asia, according to Kenanga Research.
Land transactions and notable developments
MUCH has been written about the office market of late but there is another sub-segment of the property market that has been generating a bit of interest and this is in the area of development sale sub-segment where the Greater Kuala Lumpur and Johor Baru have been active in the development land transaction market, PPC International half-year report says.
IJM Land to build access at core projects
PETALING JAYA: IJM Land Bhd will be investing a total of RM275mil to improve accessibility and road infrastructure to three of its core developments, namely, Pantai Sentral Park, Rimbayu Shah Alam and The Light in Penang.
Cash-rich IJM Land plans domestic, London expansion
PETALING JAYA: As one of the few big boys in the property sector sitting pretty on a pile of cash, IJM Land Bhd is preserving its funds to expand both on the local front and in London.
IJM Land’s fair value higher
WE raise IJM Land Bhd’s fair value to RM3.42. We expect the stock, which is currently a laggard, to gradually garner more premium.