It said WZ Satu secured a RM499mil project to construct part of the West Coast Expressway Section 9 mainline works from Kampung Lekir Interchange to Changkat Cermin Interchange.
IJM Corp proposed a one-for-one bonus issue of up to 1.79 billion new shares.
As for Nexgram, the group is eyeing the last available acres of land at 1MDB’s Tun Razak Exchange.
JF Apex Research said companies in focus would be FGV, Daya Material, TDM, Barakah, YNH, Naim, UMW Holdings following their quarterly results announcements.
Overnight on Wall Street, US markets declined sharply following the appreciation of the dollar and mixed economic data could call for interest rate hike. Similarly, European stocks fell due to concern on Greece nearing a loan default.
At Bursa Malaysia, the FBM KLCI closed down 3.31 points to 1,764.07.
“Following the bearish performance of global markets, the KLCI could come under more selling pressure and extend its downtrend after testing its support at 1,760,” it said.
http://www.thestar.com.my
