Trading ideas: PUC, LBS Bina, Ikhmas Jaya, KUB
KUALA LUMPUR: JF Apex Research expects PUC Bhd , LBS Bina Group Bhd , Ikhmas Jaya Group Bhd and KUB Malaysia Bhd to be among the stocks to watch on Monday following their latest corporate news.
PUC's wholly-owned subsidiary Wealth Pursuit Sdn Bhd has entered into a Memorandum of Understanding (MoU) today with Yayasan Pekerja Malaysia (YAPEM) to provide micro financing to YAPEM members.
LBS Bina has set a new property sales target at RM1.5bil in 2019 as the developer foresees persistent housing loan application rejections in Malaysia curbing real estate sales.
Ikhmas Jaya said that a remaining amount of RM57.94 million contract has been terminated with 81% completion by TTDI KL Metropolis Sdn Bhd with no reason given.
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