Trading ideas: MMC, Teo Seng Capital, Handal, MRCB-Quill Reit, Willowglen, Jaks, Scomi
KUALA LUMPUR: MMC Corp Bhd , Teo Seng Capital Bhd , Handal Resources Bhd , MRCB-Quill REIT , Willowglen MSC Bhd , Jaks Resources Bhd and Scomi Group Bhd are among the stocks to watch on Friday, according to JF Apex Research.
MMC submitted a proposal to revise the Mass Rapid Transit 3 (MRT3), or Circle Line, to the Government at the end of last year which provides an alternative for reducing the original project cost of RM45bil.
Teo Seng Capital’s 1QFY19 net profit more than tripled to RM22.09mil from RM6.61mil a year earlier, as poultry farming revenue rose primarily on stable selling prices of eggs and improved production efficiency.
Handal Resources has clinched a contract for the provision of maintenance, repair and manpower services for 19 cranes located offshore peninsular Malaysia from Repsol Oil & Gas Malaysia Ltd.
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