MQ Market Updates
MQ Market Updates - 2 October 2024
Tanco Holdings Bhd's shares drew attention on Bursa Malaysia during the early session today, following the group's approval to develop and construct the smart artificial intelligence (AI) container port in Port Dickson, Negeri Sembilan. (NST)
Datasonic Group Bhd (KL:DSONIC), a leading provider of security-related integrated information and communication technology (ICT) solutions in Malaysia, is accelerating global expansion to elevate its presence and diversify revenue streams. (TheEdge)
Telekom Malaysia Bhd (KL:TM) data centre joint venture (DC JV) with Singtel could potentially contribute RM80 million to RM85 million in earnings to the group, or 4% of group profit after tax and minority interests in FY2027, according to RHB Research in a note on Wednesday. (TheEdge)
Central Global Bhd is acquiring a four-storey office and showroom from Sribina Resources Sdn Bhd in Kota Kinabalu, Sabah for RM19.5mil. (TheStar)
CIMB Bank Bhd is on track to exceed its RM50bil commitment made to the small and medium enterprise (SME) sector in 2024. (TheStar)
Johor-based bakery products maker SDS Group Bhd (KL:SDS) will see strong earnings growth over the next three years from rising demand while a stronger ringgit could boost margins, Tradeview Research said. (TheEdge)
CGS International Research expects Yinson Holdings Bhd's redeemable convertible preference shares (RCPS) issue to be finalised before the end of 2024. (NST)
Retail and convenience store operator MyNews Holdings Bhd has launched Maru Café at the Intercontinental Hotel Kuala Lumpur, marking a new growth opportunity for the company, according to RHB Investment Bank Bhd (RHB Research). (NST)
Source: New Straits Times, The Edge Markets, The Star 2 October 2024
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