Trading ideas: IJM, Propel Global, SAM Engineering & Equipment, Wasco, HIL Industries, SSF Home, OpenSys, Capital A, KNM, Eversendai, CJ Century Logistics and Kitacon

TheStar Fri, Oct 13, 2023 08:28am - 6 months View Original


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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Related Stocks

CAPITALA 0.735
CJCEN 0.330
FBMKLCI 1575.160
HIL 0.925
IJM 2.360
KITACON 0.680
KNM 0.070
MAYBANK 9.790
OPENSYS 0.375
PGB 0.130
SAM 4.880
SENDAI 0.370
SSF 0.280
WASCO 1.510

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