Daily Stock Watch: MRCB, Sentral REIT, Southern Score, CBH Engineering, and others
Key stocks include MRCB with a RM3.028 billion contract for the Penang LRT and Sentral REIT reporting a 3.3% revenue increase. Other notable developments involve Southern Score's RM146.5 million subcontract and CBH Engineering's RM26.2 million project.
Theia Market Signal Identification - AI Assisted
Malaysian Resources Corp Bhd (MRCB) has secured a RM3.028 billion contract for the Penang LRT Mutiara Line, which includes comprehensive railway systems management. Sentral REIT reported a 3.3% increase in realized revenue for the first half of 2026, reaching RM97.4 million, accompanied by a distribution of 3.17 sen per unit.
Southern Score Builders Bhd obtained a RM146.5 million subcontract for electrical works, with completion set for January 2028. CBH Engineering secured a RM26.2 million contract for a substation upgrade in Selangor, due by February 2027.
Lotte Chemical Titan reported a net loss of RM174.2 million despite revenue growth to RM3.1 billion. AWC's subsidiary won a RM23.08 million subcontract for data center plumbing works, expected to enhance earnings through June 2027.
Tong Herr Resources is considering a privatization proposal at RM2.55 per share. Oriental Kopi is expanding into Indonesia and Mauritius with joint ventures and franchise agreements.
Comments