KUALA LUMPUR: Eonmetall Group Bhd , MTD ACPI Engineering Bhd , Malaysia Airports Holdings Bhd (MAHB), I-Bhd and ARB Bhd are among the stocks to watch on Thursday, according to JF Apex Research. 

Eonmetall has formed a joint venture with two other companies to purchase a parcel of land measuring 420 acres in Klang, Selangor, for RM155.73mil.

The land is currently an oil palm plantation registered under Sime Darby Plantation Sdn Bhd.

MTD ACPI Engineering has proposed to acquire two construction and property units from privately-held Putrajaya Perdana Bhd, prompting speculation that a reverse takeover by the latter could be in the offing further down the road.

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