KUALA LUMPUR: Investors could be turning their sights on stocks with recent corporate news flow including Sunway Construction, Econframe, Binasat, Reservoir Link Energy, Ancom
Nylex, KIP REIT and Astro, said Apex Research.
Sunway Construction Group Bhd (SunCon) has bagged a RM218.76 million contract to build a 50 MW photovoltaic plant in Kampar district in Perak.
Econframe Bhd plans to expand its operations into the business of aluminium glazing, glass products and facade systems by buying a 65% stake in Lee & Yong Aluminium Sdn Bhd for RM17.2 million.
Binasat Communications Bhd’s unit has won an RM18.36 million subcontract work to build a large scale solar photovoltaic facility in Selangor.
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