West River Bhd, a Malaysian engineering firm, has filed for an initial public offering (IPO) on the ACE Market to raise funds for the construction of a factory that will also serve as its warehouse. (TheEdge)

Binastra Corporation Bhd has accepted a letter of award worth RM160 million from Dynamicz Sdn Bhd for a property project in Damansara Perdana, Selangor. (NST)

Fraser and Neave Holdings Bhd (F&N) is expected to post a 2.3 per cent decline in its core net profit in financial year 2025 during gestation costs from the commencement of its new dairy farm from the second quarter of financial year 2025 (Q2FY25) onwards. (NST)

Infrastructure group Taliworks Corp Bhd (KL:TALIWRK) is expected to get a boost during the current financial year ending Dec 31, 2024 (FY2024) from insurance payments related to replacement costs for the solar modules at its wholly owned subsidiaries' solar plants. (TheEdge)

Shares in Pentamaster Corp Bhd slid over 4% in early trade Friday after its results fell below consensus expectations. (TheStar)

CTOS Digital Bhd's total earnings for the first half of 2024 (1H24) fell below expectations set by Hong Leong Investment Bank Bhd (HLIB Research) and the consensus. (NST)

The earnings of Malaysia Smelting Corporation Bhd (MSC) are expected to be stronger on a quarterly basis in the second quarter of financial year 2024 (2QFY24), though its smelting business remains impacted, said Affin Hwang Investment Bank (Affin Hwang). (NST)

Eco World Development Group Bhd's outlook remains positive as the company capitalises on the presence of Microsoft, said Kenanga Research. (NST)

Source: New Straits Times, The Edge Markets, The Star 2 August 2024

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