Trading ideas: Bina Puri, Gadang, CCM, Velesto, IWC, Ekovest
KUALA LUMPUR: Bina Puri Holdings Bhd , Gadang Holdings Bhd , Chemical Company of Malaysia Bhd (CCM), Velesto Energy Bhd , Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
The research house noted that Bina Puri had won an arbitration case against the Pakistan National Highway Authority in a dispute relating to the termination of an RM864mil highway concession agreement.
Gadang clarified that it has not submitted any official tender for the East Coast Rail Link (ECRL) project at this moment.
Chemical Company of Malaysia has accepted a Letter of Award from Petronas to supply up to 351,000 tonnes of caustic soda to the latter’s subsidiary for an estimated RM351.9mil.
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