Trading ideas: Gamuda, Cypark, Mudajaya, Poh Huat, Sapura Resources, LYC, MKHOP, Capital A and Yinson

TheStar Mon, Apr 01, 2024 08:10am - 6 months View Original


KUALA LUMPUR: Companies spurring investors interest include Gamuda, Cypark, Mudajaya, Poh Huat, Sapura Resources, LYC, MKHOP, Capital A and Yinson, said Apex Securities Research.

The government has offered Gamuda Bhd’s 60%-owned SRS Consortium Sdn Bhd civil works contracts on the first segment of the Penang Light Rail Transit (Penang LRT) and hopes to conclude talks with the company within six months.

The board of directors of Cypark Resources Bhd has requested selected key senior management officers, including its group chief executive officer Datuk Daud Ahmad, to go on unrecorded leave in order to facilitate a fully independent and transparent review process.

Mudajaya Group Bhd has redesignated its group managing director and chief executive officer James Wong Tet Foh as executive chairman, effective April 1, 2024.

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