KUALA LUMPUR: Stocks to watch on Thursday include Siab Holdings Bhd
, Mah Sing Group Bhd, WCT Holdings Bhd, Jati Tinggi Group Bhd, Naim Holdings Bhd, Greatech Technology Bhd, Computer Forms (Malaysia) Bhd and MyEG Services Bhd.
Siab has accepted a letter of award from Exsim Noordin Sdn Bhd for building and infrastructure works in George Town, Penang, worth RM176.18mil.
Mah Sing is acquiring land in Taman Desa, Kuala Lumpur for RM108mil which will be developed into serviced apartments and affordable housing units.
WCT has proposed to establish a real estate investment trust (REIT) comprising its retail properties and list it on the Main Market of Bursa Malaysia.
Jati Tinggi has accepted a letter of award from Worktime Engineering Sdn Bhd to lay 33 kilovolts of underground cables and accessories in the southern region of Malaysia for RM20.05mil.
Naim Holdings is disposing of an 180.8-hectare mixed-zone vacant land by its wholly-owned subsidiary, Naim Land Sdn Bhd, in Samarahan, Sarawak, to Onlyee Flora Sdn Bhd for RM223.38mil.
Greatech has proposed a one-for-one bonus issue, entailing the issuance of up to 1.25 billion new shares.
Computer Forms said a fire broke out at its factory located at the PKNS Setapak Industrial Area, off Jalan Genting Kelang, Kuala Lumpur on July 2.
MyEG is teaming up with credit reporting agency Credit Bureau Malaysia Sdn Bhd (CBM) to offer a self-check service for individual credit reports.
Overnight, the Dow Jones Industrial Average fell 23.85 points, or 0.06%, to close at 39,308.00, the S&P 500 gained 28.01 points, or 0.51%, to 5,537.02 and the Nasdaq Composite gained 159.54 points, or 0.88%, to 18,188.30.
