Colform Group Bhd has signed an underwriting agreement with Mercury Securities for its upcoming IPO on the ACE Market of Bursa Malaysia.

Eastern & Oriental Bhd (E&O) and Mitsui Fudosan Group have topped out their RM900 million Conlay serviced apartment project, expected to complete in 1Q2025.

Cypark Resources Bhd (CYPARK) and Terengganu Inc are partnering to develop a 500 MW hybrid hydro floating solar plant at Tasik Kenyir.

Maxland Bhd (MAXLAND) plan for a data centre at Kulim High-Tech Park has not attracted investor interest.

Dialog Group Bhd (DIALOG) has secured a contract with Petronas, enhancing its upstream position and growth prospects.

99 Speed Mart Retail Holdings Bhd has entered the FBM KLCI just three months post-debut, while Genting Bhd (GENTING) and Genting Malaysia Bhd (GENM) have been removed from the index.

Analysts have increased earnings forecasts for Pavilion Real Estate Investment Trust (PAVREIT) after acquiring two hotels for RM480 million.

Increased durian demand in China is projected to drive growth for newly listed Cropmate Bhd (CRPMATE) in 2025.

The recent pullback in Tenaga Nasional Bhd (TENAGA) is seen as a buying opportunity, with expectations of higher capex in the coming years.

JAKS Resources Bhd (JAKS) is establishing a RM250 million medium-term note programme.

Genting Bhd (GENTING) has formed a new board for Resorts World Las Vegas, with Jim Murren as chairman starting Dec 4, 2024.

Source: New Straits Times, The Edge Markets, The Star 6 December 2024

Follow us on i3investor profile page for our latest blog updates:
https://klse.i3investor.com/web/cube/profile/MQtrader

Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.

Need a Trading Account?

Open a trading account now for FREE with our selected advetiser to enjoy Free Subscription to MQ Trader!

Contact Us

Please do not hesitate to contact us if you have any inquiries:

Facebook: https://www.facebook.com/mqtrader

Instagram: https://www.instagram.com/mqtrader

i3messanger: https://messenger.i3investor.com/m/chatmq

YouTube: https://www.youtube.com/channel/UCq-26SGjlQTVQfO7DoEihlg

Email: admin@mqtrader.com