Trading ideas: E&O, UOA Development, Kelington, Hock Seng Lee, Barakah
KUALA LUMPUR: Eastern & Oriental Bhd (E&O), UOA Development Bhd 
, Kelington Group Bhd , Hock Seng Lee Bhd and Barakah Offshore Petroleum Bhd are among the stocks to watch on Tuesday, according to JF Apex Research.
E&O aims to raise as much as RM550.3mil via a private placement and renounceable rights issue to fund its property development projects, which consists of Phase 2 of its Seri Tanjung Pinang reclamation and property development project (STP2), as well as the upcoming residential property projects in Kuala Lumpur such as The Conlay and The Peak.
UOA Development said two of its wholly-owned units, Windsor Triumph Sdn Bhd and Sunny Uptown Sdn Bhd have been served with notices of additional assessment for additional income tax and penalties totalling RM39.62mil.
Kelington has secured a turnkey construction and engineering services contract in Singapore worth S$31mil (RM93mil).
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