Trading ideas: EcoFirst, CHGP, Westports, Axis-REIT, YTL Power, Central Global, Mah Sing, MSM, Apex Equity

TheStar Mon, Dec 11, 2023 08:43am - 4 months View Original


KUALA LUMPUR: Stocks to watch on Monday include Ecofirst Consolidated Bhd, Chin Hin Group Property Bhd (CHGP), Westports Holdings Bhd, Axis Real Estate Investment Trust (Axis-REIT), YTL Power International Bhd, Central Global Bhd, Mah Sing Group Bhd, MSM Malaysia Holdings Bhd and Apex Equity Holdings Bhd.

EcoFirst, which is facing a RM20mil lawsuit for withdrawing a RM404.35mil contract it had issued to Kerjaya Prospek Group Bhd, said the group will be contesting the matter.

CHGP is acquiring a freehold plot in Penang measuring about 1.218 acres from Ivory Properties Group Bhd for RM40mil to build a multi-storey serviced residence.

Westports has secured a 58-year extension until 2082 to its concession agreement with the government.

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CGB-WA 0.625
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ECOFIRS-WD 0.105
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IVORY 0.065
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MSM 3.500
REIT 830.090
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YTLPOWR 4.970

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