Trading ideas: CAB Cakaran, Parkson, Globaltech Formation
KUALA LUMPUR: CAB Cakaran Corp Bhd , Parkson Holdings Bhd and Globaltech Formation Bhd are among the stocks to watch on Monday, according to JF Apex Research.
CAB Cakaran announced that the Memorandum of Understanding that it signed with Panasonic Eco Solutions Malaysia Sdn Bhd related to the establishment of a solar farm in Kedah has been mutually terminated.
Parkson's unit in Beijing, China, has signed a new lease agreement for an existing department store there until end-2021, about two and a half years from now until Dec 6, 2021.
Globaltech Formation said its Australia-listed subsidiary NuEnergy Gas Ltd had terminated its investment agreement with Saujana E&P Sdn Bhd.
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