Aluminium products manufacturer Winstar Capital Bhd has launched the prospectus for its ACE Market initial public offering (IPO), aiming to raise up to RM25.88 million to purchase new machinery and equipment to expand its manufacturing capacity. (TheEdge)

Haily Group Bhd (KL:HAILY) said it has secured a RM115.1 million contract, its largest this year, for the construction of residential units in Johor Bahru. (TheEdge)

Eastern & Oriental Bhd's net profit rose 2.2 per cent to RM30.4 million in the second quarter ended Sep 30, 2024 (Q2FY25) on the back of higher revenue. (NST)

KPJ Healthcare Bhd, which saw its revenue for the third quarter ended Sept 30, 2024 (3Q24) surpass the RM1bil mark for the first time, expects the healthcare landscape to remain dynamic. (TheStar)

Hong Leong Industries Bhd’s net profit jumped to RM140.56 million in the first quarter ended Sept 30, 2024 (1Q 2024) from RM87.67 million in the same period a year earlier. (TheStar)

Pharmaniaga Bhd posted a net profit of RM101.03 million in the third quarter ended Sep 30, 2024 (Q3 2024) versus a net loss of RM49.34 million in Q3 2023, supported by higher revenue in the quarter. (NST)

Solarvest Holdings Bhd's net profit rose to RM9.2 million in the second quarter (Q2) ended Sept 30, 2024 from RM7.18 million in the previous corresponding period backed by improved margins within the commercial and industrial (C&I) segment. (NST)

Shares of MBM Resources Bhd (KL:MBMR) broke another new record high on Tuesday, as the company declared a special dividend following better-than-expected results. (TheEdge)

Shares of Petronas Dagangan Bhd (KL:PETDAG) rose on Tuesday after the fuel retailer reported a jump in quarterly profits that exceeded market expectations. (TheEdge)

Gas Malaysia Bhd posted a higher net profit of RM115.99 million for the third quarter ended Sept 30, 2024, (3Q FY2024) compared to RM86.16 million in the same quarter last year. (NST)

Lay Hong Bhd's net profit for the second quarter ended Sept 30, 2024 (2Q25) jumped by more than seven times year-on-year (y-o-y) as it reported an increase in earnings across all segments. (TheStar)

KLCC Stapled Group, which comprises KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT), recorded a higher net profit of RM206.53 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM185.33 million in the same period last year. (TheStar)

IOI Properties Group Bhd (IOIProp) began its financial year of 2025 (FY25) on a weak footing after its first-quarter earnings shrunk due to increased interest expense and a lower revenue from its property development business. (TheStar)

Property developer Matrix Concepts Holdings Bhd (KL:MATRIX) said on Tuesday its second-quarter net profit grew 5.29% from a year earlier as gain on disposals more than offset a drop in revenue. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 26 November 2024

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