KUALA LUMPUR: JF Apex Research expects Ekovest Bhd, Symphony Life Bhd, Malaysia Building Society Bhd (MBSB), QL Resources Bhd and Genting Plantations Bhd to be among the stocks to watch on Thursday.
In a report, JF Apex noted that MBSB, Genting Plantations, Hap Seng, Sime Darby, Velesto Energy, Icon Offshore, Syarikat Takaful, Handal Energy, Optimax, D&O, Uchi Tech recorded higher year-on-year quarterly earnings.
On the other hand, QL Resources, Amway, Allianz, CJ Century, CCK posted weaker year-on-year quarterly results.
Ekovest is proposing to provide financial assistance amounting to S$77.28mil (RM240.34mil) to its indirect 29%-owned joint venture (JV) company MCC Land (TMK) Pte Ltd in the form of deed of undertaking for banking facilities obtained by the latter from licensed financial institutions based in Singapore.
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