KUALA LUMPUR: Southern Cable, FGV Holdings, Mah Sing Group, Ecofirst Consolidated, Homeritz and Powerwell are among the stocks which could see trading interest on Friday, JF Apex research says.
Southern Cable will make its debut on the ACE Market on Friday with an offer price of 34 sen.
FGV Holdings has received an expression of interest from Perspective Land (M) Sdn Bhd (PLSB), which is wholly-owned by Tan Sri Syed Mokhtar Albukhary’s privately-held Restu Jernih Sdn Bhd.
The research house said PLSB intends to participate in FGV via an injection of plantation assets in exchange for shares. PLSB owns the Tradewinds group of companies, which include Tradewinds Plantation Bhd and Central Sugars Refinery Sdn Bhd.
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