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Trading ideas: Tuju Setia, HI Mobility, Mayu Global, Ho Hup, Kimlun

The Star·04/04/2025 00:38:00
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KUALA LUMPUR: Stocks that may attract trading interest today following their latest corporate news include Tuju Setia Bhd, HI Mobility Bhd, Mayu Global Group Bhd, Ho Hup Construction Co Bhd and Kimlun Corp Bhd.

Tuju Setia has secured a contract from MKH Bhd for the development of a high-rise apartment project in Makhota Cheras, Selangor worth RM264mil.

It said the contract win has boosted its orderbook to a record high of RM2.1bil.

HI Mobility has been appointed the network operator for the intra-city bus service in Johor Baru and surrounding areas, worth RM134.94mil.

Mayu Global’s executive director, Tan Kim Hee, was detained by Bukit Aman Police on Wednesday to assist in an ongoing investigation, according to a filing with Bursa Malaysia.

The company said it had not been informed whether the investigation was related to the company or any of its subsidiaries, and the nature of the investigation remained unknown.

Ho Hup is selling two properties in Bukit Jalil, Kuala Lumpur to Premium Realty Sdn Bhd and Sensecube Sdn Bhd for a total of RM13mil.

Kimlun has redesignated executive director Pang Khang Hau, 43, as chief executive officer (CEO) effective May 1, 2025.

It also announced that Sim Tian Liang, 70, has stepped down from his position as CEO and has been redesignated as executive director of the company.