KUALA LUMPUR: Stocks to watch on Tuesday include Powerwell Holdings Bhd
, Mtouche Technology Bhd, Capitaland Malaysia Mall Trust (CMMT), Sedania Innovator Bhd, Serba Dinamik Holdings Bhd and Kawan Food Berhad, according to JF Apex Research.
Powerwell has bagged a US$2.135mil contract from Bangladesh-based firm Intraco Solar Power Ltd to supply low voltage switchboards and medium voltage switchgear panels using 33 kilovolt gas insulated switchgear for the latter's 30MW solar power plant project in Rangpur, Bangladesh.
Permaju Industries has emerged as a substantial shareholder of MTouche Technology after acquiring 185.05 million rights shares, together with 92.52 million free warrants in the mobile telecommunications group.
Green Ocean has proposed to raise an additional RM12.95mil from a private placement to fund the capital expenditure for its new glove business.
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