KUALA LUMPUR: Stocks on investors' radar screen on Tuesday could include IHH, Advancecon, Pestech, KNM, Petronas Chemicals, Ta Ann, Maybulk, BP Plastics , Revenue Group, Hextar Global, AirAsia , Lay Hong, Guan Chong and Hong Leong Industries, according to JF Apex Research.
IHH Healthcare is considering the potential sale of its China unit, in a deal that could value the chain at as much as US$1bil, according to a news report.
Advancecon has secured a construction project worth RM23.47mil in Klang from Sime Darby Property (Bukit Raja) Sdn Bhd.
Pestech has secured a contract from the National Grid Corp of the Philippines to upgrade the South Luzon substations worth around RM156.91mil.
KNM has proposed a private placement of 10% of its share capital to raise up to RM53.46mil to pare its debt (RM30mil) and working capital (RM22.16mil), five months after its private placement of 30% share capital was rejected by shareholders in June.
Meanwhile, in earnings results, Petronas Chemicals, Ta Ann, Maybulk, BP Plastics, Revenue Group chalked up better y-o-y quarterly earnings while Hextar Global, AirAsia, Lay Hong, Guan Chong, Hong Leong Industries recorded weaker y-o-y quarterly results.