Sik Cheong Bhd jumped as much as 87 per cent, from its initial public offering (IPO) price of 27 sen, on its debut on the ACE Market of Bursa Malaysia. (NST)

Axiata Group Bhd’s (KL:AXIATA) 63%-owned tower company, Edotco Group Sdn Bhd, on Tuesday signed two separate memoranda of understanding (MOUs) with the Malaysia Digital Economy Corporation (MDEC) and Boost Holdings Sdn Bhd to accelerate Malaysia's digital economy through next-generation digital infrastructure and financial inclusion initiatives. (TheEdge)

Paramount Corp Bhd has issued its first sustainability-linked sukuk wakalah (SLS) of RM100mil in nominal value today with AmBank Islamic Bhd as the sole subscriber. (TheStar)

Shares of Pekat Group Bhd (KL:PEKAT) rose to their highest in more than month in active trade on Tuesday after the company announced a contract for earthing and lightning protection at a data centre. (TheEdge)

Astro Holdings Bhd's outlook is likely to remain clouded despite moves to rationalise their product offerings to gain more customers. (NST)

Malayan Banking Bhd (Maybank) launched the inaugural Maybank Social Impact Report (SIR) 2023 as a part of the 57th Asean Day celebrations in Jakarta. (TheStar)

Heineken Malaysia Bhd's earnings momentum is anticipated to persist, fuelled by stable demand, rising tourist numbers, price increases, a stronger ringgit, and ongoing measures to reduce illicit trade, according to RHB Investment Bank Bhd (RHB Research). (NST)

The Employees Provident Fund (EPF) has emerged as a substantial shareholder in public transport service provider SMRT Holdings Bhd after increasing its shares in the company to 22.73 million giving it an effective stake of 5.017 per cent. (NST)

Icon Offshore Bhd yesterday said an investigation is underway for an explosion that occurred on its vessel, the Icon Amara, which led to two fatalities and one serious injury. (NST)

MK Land Holdings Bhd kicked off 'MK Land Hunt 2024", a treasure hunt aimed at fostering stronger relationships between media practitioners and its key stakeholders. (NST)

Construction giant Sunway Bhd (KL:SUNWAY) has been added into MSCI Malaysia Index, while no constituent was deleted in the August review. (TheEdge)

MISC Bhd’s (KL:MISC) shares may get a boost when its Mero-3 floating production unit achieves first oil by the end of September, said CIMB Securities. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 13 August 2024

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