KUALA LUMPUR: Stocks to watch on Friday include Kossan Rubber Industries Bhd
, ALAM MARITIM RESOURCES BHD, AIRASIA Group Bhd, JCY International Bhd, Aeon Retail (M), KINSTEEL BHD and WCT Holdings Bhd, according to JF Apex Research.
Kossan is selling an estimated 39ha vacant freehold industrial land in Kuala Langat, Selangor, for RM153.38mil to raise funds to finance the expansion of the group's rubber glove production in Bidor, Perak.
Alam Maritim has secured an RM24.8mil work order for the charter of anchor handling tug supply (AHTS) vessels to Petronas Carigali Sdn Bhd.
AirAsia Group chief executive officer Tan Sri Tony Fernandes said he is currently in discussion with the Government to obtain a loan for the budget airline as a means to further support its current cash position amid a tough operating environment.
...