MQ Market Updates

MQ Market Updates - 24 September 2024

MQ Trader
Publish date: Tue, 24 Sep 2024, 05:09 PM

Tenaga Nasional Bhd (TNB) has launched its inaugural Transition Finance Framework, becoming the first electricity utility player in Asean to do so. (TheStar)

Shares of KJTS Group Bhd (KL:KJTS) rose to their highest in nearly six weeks on Tuesday, after the building support services firm secured a RM24 million contract for works on a data centre project. (TheEdge)

Earned wage access (EWA) provider Paywatch has teamed up with Media Prima Bhd to promote financial wellness within the company. (NST)

Scientex Bhd, a global packaging manufacturer and property developer, reported a 24.4 per cent rise in net profit for the financial year ended July 31, 2024 (FY24), reaching RM545.2 million, up from RM438.1 million in the previous year. (NST)

Yinson Holdings Bhd’s Matarani solar plant in Peru has entered into its full operational phase, following the commencement of power export and sales in July 2024. (TheStar)

Affin Bank Bhd expects Malaysia's gross domestic product (GDP) growth to remain healthy at five per cent this year and 5.2 per cent next year amidst the low possibility of a global recession. (NST)

After having invested over RM100 million in upgrading the Swettenham Pier Cruise Terminal, MMC Corporation Bhd's Penang Port Sdn Bhd plans further expenditure to enhance the port's capabilities to become a major cruise hub in Southeast Asia. (TheEdge)

Source: New Straits TimesThe Edge MarketsThe Star 24 September 2024

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