KUALA LUMPUR: JF Apex Research expects PLB ENGINEERING BHD
, Rhone Ma Holdings Bhd, Axiata Group Bhd and TELEKOM MALAYSIA BHD to be among the stocks to watch on Monday.
PLB Engineering has signed a conditional joint development agreement (JDA) with the Penang State Government and its development arm to undertake rehabilitation works for the Jelutong dumpsite along Lebuhraya Tun Dr Lim Chong Eu in Penang in exchange for three-fourths of the rehabilitated land.
Rhone Ma is acquiring a 49% stake each in three companies for RM7.84mil to expand its footprint in the ruminant segment and to participate in the business of dairy farming
The research house noted that Axiata, Kossan Rubber Industries Bhd and Kumpulan Powernet Bhd posted higher year-on-year quarterly profits
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