Trading ideas: SunCon, Pesona Metro, Boustead, Hup Seng, Hibiscus, KPJ
KUALA LUMPUR: JF Apex Research expects Sunway Construction Group Bhd (SunCon), Pesona Metro Bhd, Boustead Holdings Bhd , Hup Seng Industries Bhd , Hibiscus Petroleum Bhd and KPJ Healthcare Bhd to be among the stocks to watch on Wednesday.
Sunway Construction has secured a contract from Tenaga Nasional Bhd to develop a campus on Jalan Bangsar for RM781.3mil.
Pesona Metro has bagged a contract worth RM408.8mil from MRCB for superstructure works for a mixed development in Seksyen 98.
Boustead Holdings is disposing of its Royale Chulan Bukit Bintang Hotel business to Singapore-based Hotel Royal Ltd for RM197mil.
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