Trading ideas: Paragon Globe, IWCity, Jiankun, TRC Synergy, T7, KJTS, Westports, Perak, MMAG, ILB

TheStar Mon, Feb 05, 2024 08:49am - 2 months View Original


KUALA LUMPUR: Companies that recently made headlines include Paragon Globe, IWCity, Jiankun, TRC Synergy, T7, KJTS, Westports, Perak, MMAG and ILB, said Apex Securities Research.

Property developer Paragon Globe Bhd (PGB) and Solarvest Holdings Bhd are planning to develop a solar-ready factory and green industrial township in Johor.

Iskandar Waterfront City Bhd (IWCity) has failed in its bid to strike out a RM76.56 million lawsuit by Tenaga Nasional Bhd (TNB) over alleged damage to the utility giant’s undersea cable in Johor.

Jiankun International Bhd’s wholly owned unit JKI Development Sdn Bhd (JKID) has been hit with another lawsuit by former joint venture (JV) partner Fivestar Development (Puchong) Sdn Bhd, which is demanding RM14.21 million in alleged unpaid sums.

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