KUALA LUMPUR: Widad Group Bhd
, Macpie Bhd, NTPM Holdings Bhd, Velesto Energy Bhd, Boustead Holdings Bhd and Genting Malaysia Bhd are among the stocks to watch on Monday, according to JF Apex Research.
Widad said it has completed its RM127.02 million acquisition of Serendah Heights Sdn Bhd, which is a concession holder for the maintenance of the Universiti Teknologi MARA (UiTM) campus in Jasin, Melaka. The deal has boosted Widad’s order book to RM1.5bil.
Meanwhile, Widad has also called off its proposed acquisition of Inovatif Mewah Sdn Bhd from Menang Corp Bhd for RM122mil. Inovatif Mewah is a concession business managing UiTM’s Seremban 3 campus.
Macpie Bhd, which is acquiring a 35% stake in Techninier Sdn Bhd, said the target company has signed an agreement concerning deployment of services to eSukan.gg, a government linked e-sports portal.
...