KUALA LUMPUR: JF Apex Research expects TH Plantations, AWC, Barakah, SKP Resources and Tiong Nam Logistics to draw in exchanging enthusiasm on Tuesday after their solid profit. The exploration house said with respect to Carlsberg, Tan Chong Motor, UMW Oil and Gas, Scomi, Only World Group, Wellcall and Evergreen they reported lower quarterly results from a year back.
It said TRC Synergy got a notice of end from MMC Gamuda KVMRT (PDP SSP) Sdn Bhd for works identified with the new Sungai Buloh-Serdang-Putrajaya Mass Rapid Transit Line (MRT Line 2). The RM74.39mil contract included migrating a specialty exhibition hall, Karyaneka office and the National Heritage Department office to Bangunan Sultan Abdul Samad as a major aspect of the MRT Line 2 extend.
Then, The Store bunch overseeing chief Tan Sri Tang Yeam Soon and his better half Puan Sri Khor Guik Lee arrangement a required takeover (MTO) offer for the rest of the shares they don’t possess for RM3.52 a share. IOI Properties, Gamuda and IJM Corp are probably going to be new contestants to the 30-stock FBM KLCI while SapuraKencana and YTL Corp are probably going to slip out of the FBM KLCI, as highlighted by the media.
“The benchmark file could augment its flattish incline over the support of 1,610 looking for an impetus,” it said.
KLSE INTRADAY SIGNALS : BUY HEVEA AT 1.57 TARGET 1.62, 1.67 SL 1.50
KLSE INTRADAY SIGNALS : BUY SPACKMAN AT 0.138 TARGET 0.142, 0.147 SL 0.133
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