Trading ideas: Kelington, NCT, Bintai Kinden, TM, TNB

TheStar Wed, Sep 08, 2021 09:00am - 2 years View Original


KUALA LUMPUR: Stocks to watch on Wednesday include Kelington Group Bhd, NCT Alliance Bhd, Bintai Kinden Corp Bhd, Telekom Malaysia Bhd and Tenaga Nasional Bhd, according to JF Apex Research.

Kelington has clinched a new ultra high purity (UHP) contract worth RM49mil to undertake the bulk gas system distribution works for a semiconductor manufacturer’s new fabrication plant in Singapore.

NCT Alliance posted a net profit of RM9.48mil for the second quarter ended June 30, 2021, compared with a net loss of RM417.000 a year earlier, on the back of a higher revenue of RM49.2mil versus RM18.88mil previously.

Bintai Kinden has via its unit Bintai Healthcare Sdn Bhd, inked a deal with NGT Solutions (M) Sdn Bhd (NGTS) to jointly distribute Sinopharm's Covid-19 vaccine to the private sector in Malaysia.

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