Key Stocks to Monitor: Duopharma, DNeX, Dayang, Varia, and Kee Ming
Trading ideas: Duopharma, DNeX, Dayang, Varia, Kee Ming
The Star
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Duopharma Biotech, DNeX, Dayang, Varia, and Kee Ming are highlighted as key stocks to watch due to recent developments, including contracts and partnerships that enhance their market positions in Malaysia's healthcare and energy sectors.
- 01Duopharma Biotech secured a three-year contract worth RM155.3 million from the Health Ministry for insulin supplies, contributing to earnings until June 2029.
- 02DNeX acquired a 20% stake in TI Exploration & Production to enhance its energy portfolio in Terengganu, Malaysia.
- 03Dayang formed a joint venture with Petrokon Utama to explore oil and gas maintenance opportunities in Brunei, expanding its regional presence.
- 04Varia is developing a RM250 million residential project in Johor Bahru, consisting of 645 apartment units, through its subsidiary.
- 05Kee Ming secured a RM21.36 million subcontract for electrical works on a hyperscale data centre in Puncak Alam, enhancing its earnings visibility until 2026.
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In Kuala Lumpur, several stocks are drawing attention due to significant developments. Duopharma Biotech Bhd has landed a three-year contract worth RM155.3 million from the Health Ministry to supply recombinant human insulin products and reusable insulin pens to government healthcare facilities, which is expected to positively impact earnings through June 2029. Dagang Nexchange Bhd (DNeX) has bolstered its energy portfolio by acquiring a 20% stake in TI Exploration & Production Sdn Bhd, enhancing its presence in Terengganu and the broader energy sector. Dayang Enterprise Holdings Bhd has entered a 50:50 joint venture with Brunei's Petrokon Utama Sdn Bhd to pursue maintenance and construction opportunities in Brunei's oil and gas sector, aligning with its strategy to expand regionally. Varia Bhd, through its subsidiary, has partnered with Seri Alam Properties to develop a RM250 million residential project in Bandar Seri Alam, Johor Bahru, featuring 645 apartment units. Lastly, Kee Ming Holdings Bhd has secured a RM21.36 million subcontract for electrical engineering works at a hyperscale data centre in Puncak Alam, which will enhance its order book and earnings visibility through the end of 2026.
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These developments are expected to enhance the operational capabilities and market positions of the involved companies, contributing positively to the local economy and job creation in the respective sectors.
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