Eplas Global Bhd, which sells houseware products, filed for an initial public offering (IPO) on the ACE Market to raise funds to set up manufacturing operations. (TheEdge)

Newly-listed Solar District Cooling Group Bhd has accepted two letters of award from Mitrajaya Construction Sdn Bhd. (NST)

Nestlé (Malaysia) Bhd's beverage products, which make up between 30 per cent to 40 per cent of sales, is not be impacted by the current sugar tax limits. (NST)

Tenaga Nasional Bhd has signed a cross-border deal with Singapore's Keppel Electric Pte Ltd to supply up to 100MW of electricity. (TheStar)

Press Metal Aluminium Holdings Bhd’s new joint venture (JV) to establish its second alumina refinery in Indonesia could contribute at least RM200mil to RM300mil in profit. (TheStar)

Pharmaniaga Bhd, one of Malaysia's largest integrated pharmaceutical groups aims to exit its Practice Note 17 (PN17) status by March 2025, according to managing director Zulkifli Jafar. (NST)

State-owned Perak Corporation Bhd is in the final stages of completing its regularisation plans to exit Practice Note 17 (PN17) status, according to Perbadanan Kemajuan Negeri Perak (PKNPk). (NST)

Oil and gas earnings are projected to increase by 3.0 per cent to 5.0 per cent quarter-on-quarter (QoQ) in the third quarter of 2024 (Q3 2024), driven by stronger performance from companies in the sector in recent months, especially MISC Bhd. (NST)

SSF Home Group Bhd is navigating through a period of softer consumer demand, but is positive over the outlook for consumer spending in Malaysia, said executive director Lok Kok Khong. (TheStar)

Shares of Eco World Development Group Bhd (KL:ECOWLD) rose on Friday to their highest in seven weeks after the property developer reported better-than-expected third-quarter results. (TheEdge)

Kelington Group Bhd (KGB) appears to be a key beneficiary of the anticipated recovery in semiconductor demand in 2024 and beyond. (TheStar)

Analysts have mixed views on property developer Glomac Bhd despite its earnings outlook forecast to be stable. (TheStar)

Source: New Straits Times, The Edge Markets, The Star 20 September 2024

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