MQ Market Updates - 27 January 2025
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Steel maker Colform Group Bhd's IPO of 30 million shares was oversubscribed by 41.82 times, indicating strong investor interest.
UEM Group Bhd acquired 1.5 million shares in Malaysia Airports Holdings Bhd (AIRPORT) at RM10.96 per share, indicating strategic investment moves.
MMAG Holdings Bhd (MMAG) is acquiring a second Boeing B737-400SF aircraft for US$6.55 million, enhancing its operational capacity.
ES Sunlogy Bhd has launched its IPO prospectus on the ACE Market, aiming to raise RM63 million for expansion in M&E engineering and renewable energy.
Analysts view YTL Power International Bhd (YTLPOWR)'s bonus issue proposal positively, as it aims to fund key projects.
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