Trading ideas: TH Heavy, London Biscuits, Wegmans, Sime Darby

TheStar Wed, Jan 15, 2020 08:51am - 4 years View Original


KUALA LUMPUR: Stocks to watch on Wednesday include TH Heavy Engineering Bhd, LONDON BISCUITS BHD, Wegmans Holdings Bhd and Sime Darby Bhd, according to JF Apex Research.

TH Heavy Engineering has received the green light from Petroliam Nasional Bhd (Petronas) to supply certain products and services to oil and gas companies in Malaysia, after a multi-year suspension due to non-performance in 2016.

Trading of London Biscuits shares will be suspended from Jan 21, until further notice. London Biscuits is currently facing a winding-up petition, and has pledged cooperation in the interim liquidation process.

Lim San Peen of PricewaterhouseCoopers Advisory Services Sdn Bhd has been appointed as the interim liquidator.

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