KUALA LUMPUR: Stocks to watch on Monday include Dagang Nexchange Bhd
(DNeX), Mesiniaga Bhd, Genting Malaysia Bhd, Dialog Group Bhd, MMAG Holdings Bhd, Luster Industries Bhd and Ibraco Bhd, according to JF Apex Research.
DNeX’s unit has inked a preliminary agreement with PT Infrastruktur Telekomunikasi Indonesia (TelkomInfra) to look into establishing a partnership to undertake the business of submarine cable deployment, maintenance and repair within and outside Indonesia.
Genting Malaysia said it is injecting another US$150mil (RM625mil) cash into loss-making Empire Resorts Inc.
This comes barely six months after the hilltop casino operator announced in March that it would be injecting US$40mil (RM174.8mil then) into Empire Resorts, via a subscription agreement for Empire Resorts' Series G Preferred Stocks.
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