Trading ideas: Ekovest, GDEx, Telekom, MPI, IJM Corp

TheStar Thu, Nov 26, 2020 08:34am - 3 years View Original


KUALA LUMPUR: Ekovest, GD Express Carrier, Telekom Malaysia, Malaysian Pacific Industries and IJM Corp are among the stocks which could see trading interest following their corporate announcements, TA Securities Research said on Thursday.

Ekovest clarified it is the sole subscriber for the RM180mil junior bonds issued by highway concession owner Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd.

It pointed out the deferment for the unpaid portion of the securities’ coupon is allowed under the trust deed for the junior bonds.

GD Express is expanding its warehouses, distribution centres and transportation fleet to cater to the increase in order volumes following to the booming of Malaysia's e-commerce market.

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