Trading ideas: Sunway REIT, Ireka, K. Powernet, Sapura Energy, AMMB

TheStar Tue, Jun 30, 2020 09:05am - 3 years View Original


KUALA LUMPUR: JF Apex Research expects Sunway Real Estate Investment Trust (Sunway REIT), Kumpulan Powernet Bhd, Ireka Corp Bhd, SAPURA ENERGY BHD and AMMB HOLDINGS BHD are among the stocks to watch on Tuesday.

Sunway REIT is buying The Pinnacle Sunway in Sunway City for RM450mil.

Ireka has bagged a RM163.9mil contract to build a 10-storey hospital extension block in Johor.

Kumpulan Powernet has accepted a letter of award to undertake civil works for two mini hydro power plants in Laos for US$40.7mil (RM174.5mil).

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