Key Stocks to Monitor: Muhibbah Engineering, Gas Malaysia, and More
Trading ideas: Muhibbah Engineering, Gas Malaysia, Astro, Keyfield, Rohas Tecnic, Hextar Capital, Securemetric, Sapura Industrial, AMMB, Cypark
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Stocks to watch include Muhibbah Engineering, Gas Malaysia, Astro, and others following recent developments. Notably, Muhibbah Engineering has secured a RM300 million contract for works at the LNG Regasification Terminal 3 in Lumut, Perak.
- 01Muhibbah Engineering (M) Bhd secured a RM300 million contract.
- 02The contract involves marine structure and ancillary works.
- 03The project is located at LNG Regasification Terminal 3 in Lumut Maritime Terminal 2, Perak.
- 04Other companies to watch include Gas Malaysia Bhd and Astro Malaysia Holdings Bhd.
- 05This news follows the latest updates in the Malaysian stock market.
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In Kuala Lumpur, several stocks are highlighted for trading today, including Muhibbah Engineering (M) Bhd, Gas Malaysia Bhd, Astro Malaysia Holdings Bhd, and others. Muhibbah Engineering has notably secured a RM300 million contract for marine structure and ancillary works at the LNG Regasification Terminal 3 located in Lumut Maritime Terminal 2 in Perak. This contract represents a significant development for the company, and investors are advised to monitor these stocks closely due to their recent news and market performance.
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The contract is expected to boost local employment and economic activity in Perak.
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