KUALA LUMPUR: FGV Holdings, Federal International Holdings, Hong Seng Consolidated, NTPM, Analabs Resources and VS Industry are among the stocks to watch on Monday following their recent corporate news, JF Apex Research said.
It said FGV Holdings is believed to be eyeing its maiden oil palm venture in India's State of Telangana after news reports indicated FGV representatives had met government officials there on Wednesday to propose the setting up of an oil palm processing unit in Sircilla, and other parts of the state.
Federal International Holdings' 50%-owned joint venture has inked a MoU with SPIC Energy Malaysia Bhd to acquire a stake in some operating solar energy assets.
Hong Seng Consolidated is selling its entire stake in subsidiary Hong Seng Priority Management Sdn Bhd to Robust Potential Sdn Bhd for RM34.5mil cash.
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