Trading ideas: Pintaras, Genting Malaysia, Sime Darby, Willowglen, Boustead

TheStar Wed, Aug 18, 2021 08:45am - 2 years View Original


KUALA LUMPUR: Stocks to watch on Wednesday include Pintaras Jaya Bhd, Genting Malaysia Bhd, Sime Darby Bhd, Willowglen MSC Bhd and Boustead Holdings Bhd, according to JF Apex Research.

Pintaras Jaya has bagged three new piling contracts worth approximately RM142mil (S$45.5mil) in Singapore.

Genting Malaysia's 49%-owned associate Genting Empire Resorts LLC has formed a rare consortium with rival casino operators — American Wagering Inc, PointsBet New York LLC, Rush Street Interactive NY LLC and WSI US LLC — to bid for a mobile sports betting licence in the US state of New York.

Sime Darby's 36.63%-owned joint venture in China, Weifang Port Services Co Ltd, said it is no longer required to pay additional interest of 187 million yuan (RM122.33mil) to CCCC Tianjin Dredging Co Ltd over the late payment of an instalment sum.

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SIME 2.770
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