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aws全区号(www.2km.me)_Trading ideas: AirAsia, Supermax, Yinson, Hap Seng Consolidated, Opcom, Advancecon and Pantech

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KUALA LUMPUR: Stocks to watch for on Tuesday include AirAsia Group, Supermax, Yinson, Hap Seng Consolidated, Opcom, Advancecon and Pantech, says JF Apex Research.AirAsia Group has proposed to change its name to Capital A Bhd, subject to shareholders' approval at a general meeting to be convened at a date to be announced later.Supermax, which has been prohibited from exporting goods to the US following allegations of forced labour, has rolled out a new and comprehensive foreign worker management policy including adopting an equal pay and benefit structure for foreign workers in Malaysia after the US import ban. Along with the implementation of these new policies, Supermax pointed out that it has proactively raised its minimum wage to RM1,400 to be applied across all categories.Yinson has received a six-month extension for the bareboat charter contract for its FPSO PTSC Lam Son. The value of the contract extension is estimated at US$9 million (RM37.5mil).Hap Seng Consolidated is buying a parcel of vacant commercial land in Jalan Duta here for RM868.8 million to build a mixed development with an estimated gross development value of RM8.7bil.Opcom has accepted a two-year contract from Celcom Networks Sdn Bhd worth up to RM25.97mil. The job involves the survey, construction and implementation of civil infrastructure, fibre optic cabling system and related works of fibre optic infrastructure.Advancecon said its 30%-owned associate, Advancecon Sarawak Sdn Bhd, has secured a RM32.38mil contract to undertake earthwork and site clearing at the Salak Land District in Kuching; Pantech has acquired a metal precision machining, engineering and turnkey solutions company that serves the oil and gas and other industries. The acquisition of Unity Precision Engineering Sdn Bhd for RM13mil will contribute towards Pantech becoming a high value-added manufacturing group.Meanwhile, JF Apex said the FBM KLCI could consolidate below the resistance of 1,600 points following its 18.48-point decline yesterday to 1,549.05 poiints as investors took profit after last week's window-dressing.Overnight, the US market rose with the Dow and S&P500 hitting record highs due to optimism over global economic growth and earnings momentum amid concerns over the Omicron variant.
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