MQ Market Updates - 06 February 2025
MQ Market Updates - 06 February 2025
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Northern Solar Holdings Bhd (NORTHERN) debuted on the ACE Market, gaining 43% after raising nearly RM65 million due to strong investor interest. The company aims to expand in Southeast Asia.
Bank Islam Malaysia Bhd (BIMB) has signed a joint venture agreement to offer finance-related digital technology products and services.
Gamuda Bhd (GAMUDA) could see its order book rise by 11% to RM41.1 billion from the Sungai Perak Raw Water Transfer Scheme, enhancing its position in Malaysia's water infrastructure.
Zecon Bhd (ZECON) has entered a non-binding agreement with a Sabah state firm to explore a large-scale floating solar project in Lahad Datu.
KLCCP Stapled Group (KLCC) is expected to report stronger earnings in FY2025, driven by full ownership of Suria KLCC mall and a tourism rebound, according to Hong Leong Investment Bank (HLIB).
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