KUALA LUMPUR: Stocks to watch on Monday include PLB ENGINEERING BHD
, SCOMI GROUP BHD, TEX CYCLE TECHNOLOGY (M) BHD, GAMUDA BHD, AIRASIA Group Bhd and AirAsia X Bhd, according to JF Apex Research.
PLB Engineering has signed a Memorandum of Understanding with China Railway Engineering Corporation (M) Sdn Bhd (CRECM) to form a special purpose vehicle (SPV) for the sole purpose of carrying out rehabilitation works on the Jelutong dumpsite in Penang.
Scomi Group, which had in May last year planned to make a cash call to raise up some RM214mil to pare down its debts, has decided to call off the multiple corporate exercises.
Tex Cycle Technology, which specialises in the recycling and recovery of scheduled waste, is forming a joint venture company (JVco) with EFS Revision Energy Sdn Bhd to expand its renewable power generation business.
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