MQ Market Updates

MQ Market Updates - 19 September 2024

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Publish date: Thu, 19 Sep 2024, 05:10 PM

Automotive manufacturer parts supplier KHPT Holdings Bhd aims to raise RM21.73 million from its initial public offering (IPO) on the ACE Market on Oct 8. (NST)

Shares in Solar District Cooling Group Bhd (SDCG) climbed 31.58% upon its debut on the ACE Market of Bursa Malaysia, following an intial public offering (IPO) that raised RM45.09mil. (TheStar)

WCT Holdings Bhd's share price rose in early trade today after the construction and engineering company proposed the establishment of the Paradigm Real Estate Investment Trust (Paradigm REIT) to be listed on Bursa Malaysia's Main Market. (NST)

Pharmaniaga Bhd’s (KL:PHARMA) newly launched biopharmaceutical plant is expected to lift its gross profit margin to about 30% to 35% for the financial year ending Dec 31, 2026 (FY2026). (TheEdge)

Bina Darulaman Bhd has clarified that Messrs KPMG PLT's resignation as its external auditor was part of a routine governance practice. (TheStar)

Pekat Group Bhd, via its indirect wholly-owned unit Pekat Solar Sdn Bhd, has won a RM115mil engineering, procurement, construction and commissioning (EPCC) contract from MF Solar Tronoh Sdn Bhd. (TheStar)

Haily Group Bhd has accepted a letter of award from Meridin East Sdn Bhd for the construction and completion of 393 units of terrace houses at Taman Bestari Perdana Johor Baru, Johor, worth RM75.9mil. (TheStar)

Source: New Straits TimesThe Edge MarketsThe Star 19 September 2024

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