Trading ideas: UWC, Aeon Credit, IJM Corp, Barakah, Asdion
KUALA LUMPUR: JF Apex Research expects UWC Bhd, Aeon Credit Service (M) Bhd , IJM Corp Bhd , Barakah Offshore Petroleum Bhd and Asdion Bhd to be among the stocks to watch on Wednesday.
UWC makes its listing debut today on the Main Market. Upon its listing UWC will have a market capitalisation of RM300.77mil based on the issue/offer price of 82 sen and its enlarged share capital of 366.80mil.
Aeon Credit is being sued by the government to recover unpaid taxes due for the seven years of assessment from 2010 to 2016.
IJM Corp says it will seek "appropriate legal redress" after being terminated as the contractor for the underground package of the Light Rail Transit Line 3 (LRT3) project.
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