KUALA LUMPUR: Stocks to watch on Tuesday include Perak Transit Bhd, Minetech Resources Bhd, Kerjaya Prospek Group Bhd, Axiata Group Bhd, RHB Bank Bhd, Straits Energy Resources Bhd, Johor Plantations Group Bhd, Capital A Bhd and Genting Bhd
Perak Transit’s shares rose as much as 7.83% or nine sen to RM1.24 after it proposed to undertake a bonus issue of up to 433.64 million new shares on the basis of one bonus share for every two existing ordinary shares to reward shareholders.
Abang Abdillah Izzarim Abang Abdul Rahman Zohari, the newly appointed executive chairman as well as the largest shareholder of Minetech, has upped his stake in the company to 16.34% from 15.58% previously.
Kerjaya Prospek has secured two contracts totalling RM95.1mil from two indirect subsidiaries of Eastern & Oriental Bhd (E&O) for construction projects in Penang.
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