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Trading ideas: Yenher, Kejuruteraan Asastera, Nestcon, Sime Darby Plantation

Yenher makes its listing debut today in the Main market of Bursa Malaysia. Kejuruteraan Asastera is partnering with the Philippines-based LCS Holdings Inc and ATS Venture Group Sdn Bhd to build and operate a telecommunication tower project in the Philippines. Nestcon has bagged a RM31.34mil contract to carry out rock stabilisation works at a mixed development on a 61-acre site in Damansara Perdana. Two experts on Sime Darby Plantation s human rights commission said they had resigned from the panel due to lack of transparency, in a potential setback for the company s efforts to overturn a US import ban. WCT said its wholly-owned subsidiary WCT Bhd (WCTB) and Meydan Group LLC have entered into a settlement agreement under which Meydan will pay WCTB 726.57 million United Arab Emirates dirham (RM828.25mil) in a full settlement linked to the Nad Al Sheba Dubai Racecourse contract dispute between both parties.

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