Trading ideas: MSM, MMC, Yee Lee, Benalec, Yong Tai, Damansara Realty
KUALA LUMPUR: JF Apex Research expects MSM Malaysia Holdings Bhd , MMC Corp Bhd , Yee Lee Bhd, Benalec Holdings Bhd, Yong Tai Bhd and Damansara Realty to be among the stocks to watch on Thursday.
MSM is on track to introduce healthier sugar-related products to enhance the company's revenue by year-end.
MMC announced that it has been refunded by the Inland Revenue Board of Malaysia (IRB) the amount of RM20.27mil, and that its additional income tax issues have been resolved.
The privatisation of Yee Lee is not materialising at this juncture as the joint offerors, one of whom is the company's controlling shareholder, have not been able to garner enough acceptance for their voluntary takeover offer.
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