KUALA LUMPUR: Supermax Corp Bhd, WCT Holdings Bhd, TAN CHONG MOTOR HOLDINGS BHD, SUPERLON HOLDINGS BHD, TH Heavy Engineering Bhd and Tadmax Resources Bhd are among the stocks to watch on Monday, according to JF Apex Research.
Supermax is buying a five-acre piece of industrial land in Meru, Klang, Selangor for RM20mil for future expansion of its manufacturing capacity.
WCT has been ordered to pay a total of 132.54 million riyals (RM152.65mil) following an unfavourable final award ruling in an arbitration case ordered by the Court of Arbitration of the International Chamber of Commerce (ICC).
Tan Chong Motor announced that its indirect wholly-owned subsidiary Tan Chong Construction (Labuan) Pte Ltd (TCC Labuan) had entered into a Joint Venture Agreement (JV) with An Tam Construction and Trading Co Ltd (Antaco Vietnam) to form a JV company to explore engineering and construction projects in Vietnam.
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