Trading ideas: TM, Mudajaya, PiCorp, Perdana Petroleum, MCE
KUALA LUMPUR: JF Apex Research expects Telekom Malaysia Bhd 
(TM), Mudajaya Group Bhd , Progressive Impact Corp Bhd , Perdana Petroleum Bhd and MCE Holdings Bhd to be among the stocks to watch on Friday.
Telekom Malaysia said Malaysian Football League LLP (MFL) has filed a legal suit against the group, seeking reliefs of over RM400mil and a declaration that TM had breached a sponsorship contract between both parties.
Mudajaya said the fourth and final unit of its long-delayed coal-fired thermal power plant in India has achieved its commercial operation date.
It said the first three units of the power plant, located in the centre-east state of Chhattisgarh, had secured power purchase agreements (PPAs) through open tender.
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