KUALA LUMPUR: Westports Holdings Bhd
, Willowglen MSC Bhd, MALAYSIA SMELTING CORPORATION Bhd (MSC), 7-ELEVEN MALAYSIA HOLDINGS BHD and Caring Pharmacy Group Bhd are among the stocks to watch on Monday, according to JF Apex Research.
Westports is buying a 146.4ha land adjacent to its port in Klang for RM393.96mil cash, from its 42.42% shareholder Pembinaan Redzai Sdn Bhd, to expand its port with eight additional container terminal (CT) facilities.
Separately, Westports reported a 13.81% year-on-year net profit decline in its 4QFY19, despite revenue growing 8.33% to RM452.82mil, due to a write-off arising from a vessel incident.
Willowglen MSC has been awarded a three-year wireless network infrastructure contract worth RM35.22mil by the Public Utilities Board in Singapore.
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