MQ Market Updates - 16 May 2025
MQ Market Updates - 16 May 2025
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Malaysian Resources Corp Bhd (MRCB) secured a RM2.94 billion contract for the Kompleks Sukan Shah Alam, funded through land and cash.
Pekat Group Bhd (PEKAT) announced its subsidiary won a RM135.24 million contract from Tenaga Nasional Bhd (TENAGA).
Magma Group Bhd (MAGMA) partnered with Nasdaq-listed Chagee to enter the Chinese premium tea market in Malaysia.
CUCKOO International (MAL) Bhd (CKI) issued a supplementary prospectus for its IPO, reflecting strategic changes.
Maxis Bhd (MAXIS) reported a 5.1% rise in net profit to RM371 million for Q1 2025, driven by cost control, maintaining its guidance.
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