YX Precious Metal Bhd will be transferred to the Main Market of Bursa Malaysia at 9 am on Aug 22. (TheStar)

Shares in YSP Southeast Asia Holding Bhd (KL: YSPSAH) fell as much as 45 sen or 16% to their intraday low of RM2.32 in Wednesday's morning session, triggering a temporary suspension in intraday short selling (IDSS) of the stock for the rest of the day. (TheEdge)

Shares of Star Media Group Bhd (KL:STAR) rose on Wednesday following better-than-expected results though analysts stay cautious as uncertainties over future earnings cloud outlook. (TheEdge)

MyEG Services Bhd (KL:MYEG), which was the most actively traded stock Wednesday morning, posted record-high net profit and revenue for the second quarter ended June 30, 2024 (2QFY2024). (TheEdge)

Maxis Bhd reported a net profit of RM356 million for the second quarter ended June 30, 2024, marking a 7.9 per cent rise from RM330 million in the same quarter last year. (NST)

Main Market-listed Cape EMS Bhd posted record revenue in the second quarter of 2024, but the increase failed to materialise into earnings for the electronics manufacturing services (EMS) provider. (TheStar)

Malaysia Marine and Heavy Engineering Holdings Berhad (MMHE) posted a net profit of RM73.9 million in the second quarter (2Q) ended June 30, 2024, compared to a net loss of RM388.7 million in the same period last year. (NST)

Wentel Engineering Holdings Bhd registered a net profit of RM4.46 million in the second quarter (Q2) ended June 30, 2024, on the back of RM28.78 million in revenue.  (NST)

Kawan Food Bhd’s domestic sales demand is likely to remain strong, bolstered by the optimistic outlook of the Malaysian economy. (TheStar)

Magma Group Bhd’s subsidiary, Impiana Selo Tioman Resorts Sdn Bhd, has been hit with a writ of summons and a statement of claim from Marc Bovell Paul Desmidt and Erin Camille Desmidt over an alleged breach of a sale and purchase agreement (SPA). (TheStar)

The negotiations between the Orang Asli community and Tenaga Nasional Bhd (TNB) in Gua Musang, Kelantan over the development of the Nenggiri hydroelectric dam project are ongoing. (NST)

Tuju Setia Bhd's wholly-owned subsidiary Pembinaan Tuju Setia Sdn Bhd has accepted a RM247.95mil contract from Sime Darby Property (SJ7) Sdn Bhd, a unit of Sime Darby Propety Bhd, for the proposed construction of the Hype Residences in USJ 7, Subang Jaya, Selangor. (TheStar)

Source: New Straits Times, The Edge Markets, The Star 21 August 2024

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