Feytech Holdings Bhd's initial public offer (IPO) on the Main Market of Bursa Malaysia is offering 252.94 million shares, including an offer for sale of 109.62 million, at 80 sen a piece. (TheEdge)

Smart Asia Chemical Bhd, which is en route to a listing on the ACE Market of Bursa Malaysia Securities on May 28, 2024, aims to raise RM37.4 million from its initial public offering (IPO). (TheStar)

Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan) by using it as one of its operating hubs. (TheEdge)

Agricore CS Holdings Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia. (TheStar)

Yinson Production, the offshore production business unit of Yinson Holdings Bhd, has closed the limited recourse term loan facility of up to US$1.3 billion (RM6.2 billion) for the pre- and post-delivery financing of the Agogo floating, production, storage and offloading (FPSO) vessel, which will be deployed in Angola. (TheEdge)

Westports Holdings Bhd is cautiously forecasting a low single-digit growth rate for the current financial year. (TheStar)

Investment Bank (PublicInvest) research has attached a fair value of 30 sen to Johor-based vegetable wholesaler Farm Price Holdings Bhd, a company set to debut on the ACE Market of Bursa Malaysia Bhd on May 14, 2024. (NST)

Rakuten Trade Sdn Bhd foresees internet services firm TIME dotCom Bhd to achieve core net earnings of RM429.4 million and RM531.9 million for the financial years 2024 and 2025 (FY24/FY25) respectively.  (NST)

Off the back of heightened demand due to the festive period, Fraser & Neave Holdings Bhd's (F&N) outperformance in the opening months of 2024 could also be pointing towards a rising preference for Asian brands, said Kenanga Research. (TheStar)

Shares of Duopharma Biotech Bhd surged more than 9% during early trade on Thursday following news of the pharmaceutical company securing supply contracts worth RM578.09 million in total. (TheEdge)

Shares of Ge-Shen Corp Bhd rose as much as 14.91% to a new record high of RM4.47 on Thursday, following the emergence of Chin Hin Group’s Chiau family as its second largest shareholder. (TheEdge)

Source: New Straits Times, The Edge Markets The Star 02 May 2024 

Need a Trading Account?

Open a trading account now for FREE with our selected advertiser to enjoy Free Subscription to MQ Trader!

Contact Us

Please do not hesitate to contact us if you have any inquiries:

Facebook: https://www.facebook.com/mqtrader 
Instagram: https://www.instagram.com/mqtrader 
MQ Chat: https://messenger.i3investor.com/m/chatmq 
YouTube: https://www.youtube.com/channel/UCq-26SGjlQTVQfO7DoEihlg 
Email: admin@mqtrader.com