KUALA LUMPUR: JF Apex Research expects Gamuda Bhd
, Kumpulan Powernet Bhd, Malayan Banking Bhd (Maybank), Genting Bhd and Telekom Malaysia Bhd to be among the stocks to watch on Friday.
A joint venture between Gamuda Australia and Laing O’Rourke has been shortlisted for the first stages of the A$20 billion (RM60.48bil) Sydney Metro West Project, according to Gamuda.
Kumpulan Powernet has secured a contract worth US$46.2mil (RM192.68mil) for a hydropower project at Mahakulung VDC, Nepal, from Apex Makalu Hydro Power Pvt Ltd.
Maybank reported a net profit for the second quarter ended June 30, 2020 fell 51.55% to RM941.73mil from RM1.94bil a year earlier.
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