Express Powerr Solutions (M) Bhd has filed a draft prospectus for an initial public offering (IPO) on the ACE Market of Bursa Malaysia. (NST)

Bathroom and kitchen ware provider Sorento Capital Bhd has set the price of its initial public offering (IPO) at 37 sen per share to raise RM57.4 million from public issue of 155 million new shares on the ACE Market. (NST)

Hibiscus Petroleum Bhd (KL:HIBISCS) said that it has completed the farm-in arrangement with Petronas Carigali Sdn Bhd to acquire a 30% participation interest in the PM327 production sharing contract (PSC). (TheEdge)

Nestle (Malaysia) Bhd has brought back the nation's largest futsal tournament, Milo Hidup Bola, for its 18th edition. (NST)

ACE Market-bound Northeast Group Bhd's issue of 37 million shares to the Malaysian public has been oversubscribed by 73.42 times, according to the Malaysian Issuing House Sdn Bhd. (TheStar)

Top Glove Corporation Bhd (KL:TOPGLOV), the world’s largest glovemaker by volume, will likely report a smaller net loss in its final quarter thanks to higher sales, said RHB Investment Bank. (TheEdge)

Leong Hup International Bhd (KL:LHI) is expected to report stronger earnings in the second half of 2024 on better product prices and foreign exchange cost savings, Maybank Investment Bank said. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 7 October 2024

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