KUALA LUMPUR: JF Apex Research expects Boustead Holdings Bhd
, TDM Bhd, Unisem (M) Bhd and Sunway Real Estate Investment Trust (REIT) to be among the stocks to watch on Tuesday.
The Ministry of Defence plans to salvage at least two of the six littoral combat ships' construction awarded to Boustead Holdings in 2011, having paid RM6bil of the RM9bil contract value.
TDM's US$50mil disposal of its loss-making subsidiaries PT Rafi Kamajaya Abadi and PTA Sawit Rezeki to PT Aragon Agro Pratama has fallen through.
Unisem's 2QFY20 net profit jumped more than twofold to RM33.95mil, from RM14.45mil a year earlier, driven by higher sales volume and foreign exchange gains.
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