KUALA LUMPUR: JF Apex Research expects Sime Darby Bhd
, YTL Corp Bhd, Heitech Padu Bhd, Ageson Bhd, Minetech Resources and CSC Steel Holdings Bhd to be among the stocks to watch on Thursday.
The research house also expects MCE Holdings Bhd, Nexgram Holdings Bhd, GREEN PACKET BHD and IGB Real Estate Investment Trust to see trading interest following their latest corporate news.
Sime Darby has inked a deal to sell its 30% stake in Tesco Stores (M) Sdn Bhd for RM300mil. The deal is estimated to provide Sime Darby with a net disposal gain of RM270mil.
YTL Corp’s indirect subsidiary YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), has requested S&P Global Ratings to withdraw its corporate credit rating on the REIT and notes issued under the property trust’s medium-term notes programmes.
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