Trading ideas: Karex, Ho Hup, Fajarbaru, FGV, MMC

TheStar Tue, Aug 25, 2020 08:58am - 3 years View Original


KUALA LUMPUR: JF Apex Research expects Karex Bhd, Ho Hup Construction Co Bhd, Fajarbaru Bulider Group Bhd, FGV Holdings Bhd and MMC Corp Bhd to be among the stocks to watch on Tuesday.

Karex has announced plans to set up glove production. Its wholly owned Innolatex (Thailand) Limited (ITL) is planning to set up a new manufacturing facility at its existing plant in Hatyai with the capacity to produce 2.5 billion gloves a year.

Ho Hup has secured a RM137mil contract for upgrading works under phase two of the Klang Valley Double Track (KVDT) project.

Fajarbaru bagged a RM108mil contract for residential development.

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