KUALA LUMPUR: JF Apex Research expects Berjaya Corp
Bhd, AMMB Holdings Bhd, Ekovest Bhd, Kelington Group Bhd and Solarvest Holdings Bhd to be among the stocks to watch on Friday.
Berjaya Corp plans to privatise subsidiary Berjaya Land and sell Berjaya Sports Toto under the diversified group's strategic transformation plan, which includes a proposed hospitality real estate investment trust.
AmBank, via its Labuan offshore branch, has initiated a fresh statutory demand against Singapore-listed Falcon Energy Group Ltd to seek from the latter a loan repayment sum of US$24.28mil (RM101.88mil).
Ekovest said it will not proceed with its Heads of Agreement with Iskandar Waterfront Holdings Sdn Bhd (IWH) to buy into the Bandar Malaysia project, following the lapse of Putrajaya's RM7.4bil sale of 60% in the project to a joint venture of IWH.
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