MQ Market Updates - 20 January 2025
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UUE Holdings Bhd (UUE) has renewed contracts for underground cable installations worth RM27.57 million.
Bursa Malaysia Bhd (BURSA) is projected to see a 37%-39% net profit growth for 2024, influenced by market liquidity and policy actions from major economies.
Northern Solar Holdings Bhd (NORTHERN) has a fair value of RM1.00 assigned by Public Investment Bank, indicating a significant premium over its IPO price.
Swift Haulage Bhd (SWIFT) has underperformed since its IPO in December 2021.
Fajarbaru Builder Group Bhd (FAJAR) has signed a master purchase and development agreement for the Penang Medi-City project, with a projected gross development value of RM2 billion. The company is also rebranding to reflect its commitment to agility and sustainability.
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