Trading ideas: Mesiniaga, MRCB, GKent, Inix, Eastland
KUALA LUMPUR: Mesinaga Bhd, Malaysian Resources Corp Bhd (MRCB), George Kent (M) Bhd , Inix Technologies Bhd and Eastland Equity Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
Mesiniaga has secured a RM1.9b contract for the Malaysia International Internet Gateway (EM-IIG) project.
Outstanding payments to the LRT3 (light rail transit 3) contractors, accumulated since February last year, will be settled by the end of this month, said the project’s main contractor, MRCB-George Kent Sdn Bhd (MRCBGK).
A boardroom tussle has surfaced at loss-making Inix Technologies Holdings Bhd, which announced today that it will convene an extraordinary general meeting (EGM) on Feb 13 to remove three directors, and appoint three others as directors.
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