KUALA LUMPUR: Stocks to watch on Tuesday include Tiong Nam Logistics Holdings Bhd
, Karex Bhd, KPower Bhd, IOI Properties Group Bhd, Pos Malaysia Bhd and Petronas Gas Bhd, according to JF Apex Research.
The research house said Tiong Nam, Karex, Kpower, Panasonic, Duopharma, CSC Steel achieved better year-on-year quarterly results whist IOI Properties, Pos Malaysia, Hibiscus, Opensys, Wellcall recorded weaker year-on-year net profits.
Sarawak Cable has proposed to undertake a private placement of up to 30% of the total number of issued shares in the company.
Petronas Gas has approved a final investment decision for the construction of a new lateral gas pipeline costing RM541.07mil for power plant in Pulau Indah.
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