MQ Market Updates

MQ Market Updates - 7 August 2024

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Publish date: Wed, 07 Aug 2024, 05:36 PM

Electronics manufacturing services firm Cape EMS Bhd saw a rebound in its share price after a period of significant decline due to persistent selling pressure. (NST)

Sentral Real Estate Investment Trust (KL:SENTRAL), or Sentral REIT, posted a 30% increase in its net property income for the first six months (1HFY2024) to RM76.06 million, from RM58.49 million a year ago. (TheEdge)

Investors in Hartalega Holdings Bhd turned to profit-taking on Wednesday after buying up the share yesterday on the back of a positive quarterly result. (TheStar)

Sealink International Bhd is expected to return to black with core earnings of RM22.5 million in the financial year 2024 (FY24), said Hong Leong Investment Bank Bhd (HLIB). (NST)

Furniture company Synergy House Bhd (KL:SYNERGY) will likely make a net loss in April-June quarter, RHB Investment Bank warned, citing provision for bad debt and currency hedging loss. (TheEdge)

Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) has launched Kaotim Legasi, an affordable Hibah takaful plan with high coverage of up to RM2 million. (NST)

HeveaBoard Bhd (KL:HEVEA) is supplying low formaldehyde emission particle boards to China’s Boloni Intelligent Technology (Beijing) Co Ltd. (TheEdge)

Source: New Straits TimesThe Edge MarketsThe Star 7 August 2024

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