MQ Market Updates - 17 January 2025
MQ Market Updates - 17 January 2025
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GAMUDA Bhd (GAMUDA) and Castleforge have advanced their £1.2 billion redevelopment project in London, securing a significant property development loan.
Short selling of Salutica Bhd (SALUTE) has been halted after its shares plummeted over 15%, reaching a two-year low following a legal defeat against Apple Malaysia Sdn Bhd.
Ancom Nylex Bhd (ANCOMNY) is expected to see gradual earnings recovery due to favorable forex movements, while remaining cautious in risk management and business expansion.
Hong Leong Bank Bhd (HLBANK) has partnered with WeBank Technology Services, enhancing its digital banking capabilities.
Malaysian Prime Minister Datuk Seri Anwar Ibrahim is optimistic about Tenaga Nasional Bhd (TNB) (TENAGA) entering the UK renewable energy sector, anticipating long-term benefits for Malaysia, especially in technology transfer.
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