KUALA LUMPUR: Stocks that could be seeing increased trading interest include IJM, Propel Global, Sam Engineering & Equipment, Wasco, HIL Industries, SSF Home, OpenSys, Capital A, KNM, Eversendai, CJ Century Logistics and Kitacon, said Apex Research.
IJM Corp Bhd’s wholly owned subsidiary, IJM Construction Sdn Bhd has secured a RM1.1bil contract from Malaysia Rapid Transit System Sdn Bhd (MRTS) for the proposed design, construction and completion of Package 2A Immigration Customs and Quarantine Complex (ICQC) and Package 2B ICQC External Works for Rapid Transit System Link Johor Bahru – Singapore (RTS Link Project).
Propel Global Bhd is to purchase two parcels of land in Kuala Kuantan, Pahang for RM14.7 million to undertake a commercial development project with a gross development value of RM68 million.
SAM Engineering & Equipment (M) Bhd plans to inject another RM200 million into its equipment business in Thailand in its current financial year ending March 31, 2024 (FY2024) and the following year.
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