Trading ideas: Kerjaya Prospek, Mah Sing, Kumpulan Powernet, Ekovest, Hua Yang

TheStar Thu, Oct 22, 2020 09:00am - 3 years View Original


KUALA LUMPUR: Stocks to watch on Thursday include Kerjaya Prospek Group Bhd, Mah Sing Group Bhd, Kumpulan Powernet Bhd, Ekovest Bhd and Hua Yang Bhd, accrording to JF Apex Research.

Kerjaya Prospek has bagged an RM64mil contract to build a sewerage plant for the Seri Tanjung Pinang (Phase 2A) development (STP2) in Penang.

Mah Sing is set to commence glove production in April 2021. The group said it has commenced additional piling works to accommodate 12 units of new, high-speed glove dipping machines in its glove manufacturing factory in Kapar, Klang, to meet its targeted production date.

Kumpulan Powernet is seeking to venture into the logistics business by acquiring a 51% stake in chemical and gas transportation firm Chemtrax Sdn Bhd for RM10mil.

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