KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity), Gamuda Bhd , Salcon Bhd and Cabnet Holdings Bhd are among the stocks to watch on Monday, according to JF Apex Research.

IWCity announced that its parent firm, Iskandar Waterfront Holdings Sdn Bhd (IWH), has not submitted a fresh bid for projects related to the development of Bandar Malaysia, whose gross development value was previously estimated to be RM160bil.

Gamuda’s 40% associate Syarikat Pengeluar Air Selangor Holdings Sdn Bhd (Splash) has withdrawn its claims against Syarikat Bekalan Air Selangor Sdn Bhd (Syabas) in order to facilitate negotiations on the disposal of Splash with the State government of Selangor.

Salcon has bagged a contract worth RM9.95mil to construct a sewage treatment plant in Kuala Langat, Selangor.

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