MQ Market Updates

MQ Market Updates - 11 October 2024

MQ Trader
Publish date: Fri, 11 Oct 2024, 05:09 PM

Lim Seong Hai Capital Bhd, a construction and engineering firm, has filed for an initial public offering (IPO) as part of its listing transfer to the ACE Market from the LEAP Market. (TheEdge)

Signature International Bhd (KL:SIGN) will house its interior fit-out and renovation subsidiaries for listing on the ACE Market under Signature Alliance Group Bhd. (TheEdge)

Bursa Malaysia Bhd said on Friday it is seeking industry feedback on a plan to launch a new futures contract for used cooking oil, a key ingredient in producing renewable biofuels. (NST)

The share prices of Public Bank Bhd and LPI Capital Bhd opened lower today following the bank's announcement of its plan to acquire a 44.15 per cent stake in LPI. (NST)

Maxis Bhd has signed a memorandum of understanding (MoU) with Melaka ICT Holdings (MICTH) to further develop connectivity infrastructure in the state. (NST)

Malaysia Airports Holdings Bhd said its Educational Scholarship Programme (ESP) is a core part of its commitment to nurturing future leaders and innovators. (NST)

The world's largest sovereign wealth fund from Norway has lifted observation on Supermax Bhd, two years after placing the glovemaker under watch over allegations that it was contributing to human rights violations. (NST)

Shares in Top Glove Corp Bhd rose marginally in early trade Friday despite its latest financial results coming in below analysts’ expectations. (TheStar)

EUPE Corp Bhd (KL:EUPE) topped out its Helix2 affordable high-rise development located in PJS 5, Petaling Jaya, Selangor, on Friday. The project is 95% sold and is slated for completion in October 2025. (TheEdge)

Pharmaniaga Bhd (KL:PHARMA) on Friday said it has secured funding from the government for research and development (R&D) of vaccines through the National Vaccine Production Development and Strengthening Fund (DPVN). (TheEdge)

Gamuda Bhd (KL:GAMUDA) has launched the Gamuda AI Academy aimed at cultivating the local talent pool for artificial intelligence (AI) to support Malaysia’s digital transformation. (TheEdge)

Sam Engineering & Equipment (M) Bhd’s earnings in the upcoming quarters are expected to see improvement, says Maybank Investment Bank (Maybank IB) Research. (TheStar)

Source: New Straits TimesThe Edge MarketsThe Star 11 October 2024

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