MQ Market Updates - 17February 2025
MQ Market Updates - 17February 2025
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RichTech Digital Bhd (RTECH) saw its share price triple on its trading debut on Monday, after raising RM20 million through an initial public offering (IPO) on the ACE Market.
Malaysia-based venture capital firm Proven Venture Capital PLT has emerged as a substantial shareholder in loss-making genomics and biopharmaceutical specialist Malaysian Genomics Resource Centre Bhd (MGRC) with a 7.14% stake, after acquiring 9.8 million shares from the open market.
Kinergy Advancement Bhd (KAB) and Perbadanan Kemajuan Negeri Perak (PKNPk) plan to develop 29 renewable energy projects with over 1,800 megawatts in the state.
Sarawak Energy Bhd (SARAWAK) has commissioned Malaysia's first utility-scale Battery Energy Storage System (Bess) at the Sejingkat Power Plant.
Malaysia Pacific Industries Bhd (MPCORP)'s (MPI) proposed sale of two properties in Penang is seen as a rational move to unlock asset value and will strengthen its cash reserves.
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