Autopart distributor MSB Global Group Bhd has filed for an initial public offering (IPO) on the ACE Market of Bursa Malaysia to raise funds to rebuild a factory that doubles up as a warehouse. (TheEdge)

Mikro MSC Bhd has signed an agreement with Singapore's Calida Group Pte Ltd to acquire signage and interior fit-out company TES Productions & Projects Pte Ltd for RM30 million of shares in Mikro MSC. (NST)

Pekat Group Bhd has bagged a RM21.79 million contract from Gamuda Engineering Sdn Bhd for the construction of earthing and lightning protection systems in Rawang, Selangor. In its filing with Bursa Malaysia Securities, the company said the contract was awarded to its wholly owned subsidiary Pekat E & LP Sdn Bhd (PELP). (NST)

Coraza Integrated Technology Bhd is poised to invest about RM50mil into its fifth manufacturing facility in Penang, in anticipation of an upswing in demand for semiconductor products next year. (TheStar)

PGF Capital Bhd’s main revenue generator is anticipated to come from the Australian market due to the strong demand for insulation products. (TheStar)

HSS Engineers Bhd's (HEB) associate company, HSS Integrated Sdn Bhd, (HSSI) has bagged a RM10.3 million job to provide project construction management services for a new data centre campus in Sedenak Tech Park, Johor. (NST)

MSM Malaysia Holdings Bhd's share price hit a high of RM2.01 a share today after a business weekly reported that an investor is looking to take a non-controlling stake in one of its units, citing unnamed sources. (NST)

Manulife Holdings Bhd expects recent positive momentum in its business to sustain and the insurance provider is eyeing for stronger growth in the near to medium-term. (TheStar)

UOB Kay Hian Research is projecting Gas Malaysia Bhd (KL:GASMSIA) to deliver a net profit of close to RM100 million in the second quarter ended June 30, 2024 (2QFY2024), amid higher natural gas growth and higher regulated profit. (TheEdge)

The proposed development of a port city on Carey Island could significantly boost the land value of SD Guthrie Bhd (KL:SDG), formerly known as Sime Darby Plantation Bhd, over time to the tune of RM7.1 billion, according to Maybank Investment Bank (Maybank IB). (TheEdge)

Swift Haulage Bhd’s (KL:SWIFT) faces more headwinds ahead, analysts warned on Monday, following weaker-than-expected results so far this year, while investors remained cautious over prospects of the logistics firm. (TheEdge)

Shares in MN Holdings Bhd (KL:MNHLDG) rose to a new record high on Monday, following news of a joint venture (JV) to bid for a solar project in Pulau Tioman. (TheEdge)

Over the near term, Apex Securities anticipates most new job flows for Solarvest Holdings Bhd (KL:SLVEST) to originate from 800MW of corporate green power agreements (CGPAs). (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 12 August 2024

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