Shares of Poh Huat Resources Holdings Bhd slumped near its 52-week low today following dissappointing third quarter of financial year 2024 (3QFY24) results. (NST) 

AirAsia X Bhd (KL:AAX) is one step closer to its planned acquisition of the aviation business of Capital A Bhd (KL:CAPITALA), which will pave the way for its parent company to be lifted out of its Practice Note 17 (PN17) status. (TheEdge)

Seal Incorporated Bhd's associate company, MSR Green Energy Sdn Bhd (MSRGE), has accepted a letter of award from Sabah Electricity Sdn Bhd (SESB) for a battery energy construction job worth RM645 million. (TheStar)

The latest RM292.8mil contract secured by Kerjaya Prospek Group Bhd for building works in Kuala Lumpur brings its year-to-date job wins to RM1.55bil. (TheStar)

Shares in IQ Group Holdings Bhd jumped over 20% in early Friday trade, making it one of the top gainers on Bursa Malaysia. (TheStar)

PGF Capital Bhd subsidiary, NetZero Technology Sdn Bhd, has inked a sales and purchase agreement to acquire a land worth RM40 million in Kedah to expand its insulation manufacturing plant. (NST) 

Green Packet Bhd said four of the six investors have terminated their subscription agreement for the company's private placement of 598 million shares. (NST) 

MARC Ratings has upgraded DRB-Hicom Bhd's RM3.5 billion sukuk programme rating from A+IS to AA-IS, with the outlook revised to stable from positive. (NST) 

ITMAX Systems Bhd’s shares rose 2.45% in early trade Friday on news that the company has secured a 15-year smart parking contract in Tangkak, Johor. (TheStar)

Genting Bhd’s (KL:GENTING) new floating liquefied natural gas (FLNG) facility could potentially add RM613 million per annum to its net profit from FY2027 onwards, and RM1.27 per share to fair value. (TheEdge) 

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

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