Trading ideas: Maybank, PetDag, TM, UEM Sunrise, KNM, DWL
KUALA LUMPUR: JF Apex Research expects Malayan Banking Bhd (Maybank), Petronas Dagangan Bhd , Telekom Malaysia Bhd , UEM Sunrise Bhd , KNM Group Bhd and DWL Resources Bhd to be among the stocks to watch on Monday.
Maybank has terminated the collaboration agreement with troubled Hyflux Ltd in relation to the divestment of the Tuaspring integrated water and power plant (IWPP) in Singapore effective immediately.
Petronas Dagangan said it is collaborating with Telekom Malaysia to upgrade over 1,000 Petronas stations nationwide with next-generation network infrastructure, which allows its network of stations will be able to accept more digital-based functions that will change the way customers interact within the stations.
UEM Sunrise is currently in talks with a potential local partner to jointly-develop a high-rise project on 12.43 hectares of land in Durban, South Africa.
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