KUALA LUMPUR: Stocks on investors' radar screen on Tuesday could include IHH, Advancecon, Pestech, KNM, Petronas Chemicals, Ta Ann, Maybulk, BP Plastics, Revenue Group, Hextar Global, AirAsia, Lay Hong, Guan Chong and Hong Leong Industries, according to JF Apex Research.
IHH Healthcare is considering the potential sale of its China unit, in a deal that could value the chain at as much as US$1bil, according to a news report.
Advancecon has secured a construction project worth RM23.47mil in Klang from Sime Darby Property (Bukit Raja) Sdn Bhd.
Pestech has secured a contract from the National Grid Corp of the Philippines to upgrade the South Luzon substations worth around RM156.91mil.
KNM has proposed a private placement of 10% of its share capital to raise up to RM53.46mil to pare its debt (RM30mil) and working capital (RM22.16mil), five months after its private placement of 30% share capital was rejected by shareholders in June.
Meanwhile, in earnings results, Petronas Chemicals, Ta Ann, Maybulk, BP Plastics, Revenue Group chalked up better y-o-y quarterly earnings while Hextar Global, AirAsia, Lay Hong, Guan Chong, Hong Leong Industries recorded weaker y-o-y quarterly results.
Trading ideas: IHH, Advancecon, Pestech, KNM, Petronas Chemicals, Ta Ann
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Related Stocks
ADVCON | 0.285 |
BPPLAS | 1.280 |
GCB | 2.710 |
HEXTAR | 0.900 |
HLIND | 10.560 |
IHH | 6.200 |
LAYHONG | 0.395 |
MAYBULK | 0.300 |
PESTECH | 0.205 |
REVENUE | 0.185 |
SIMEPROP | 0.915 |
TAANN | 4.160 |
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