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MQ Market Updates - 09 April 2024 

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2024-04-09 17:43:18
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MQ Market Updates - 09 April 2024 

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Security seals manufacturer and designer Mega Fortris Bhd has filed for an initial public offering (IPO) on the Main Market of Bursa Malaysia to raise funds for expansion. (NST)

Shares of Berjaya Food Bhd surged on Tuesday to its highest in nearly four months, following a news report that tycoon Tan Sri Vincent Tan is considering taking the company private. (TheEdge)

As Malaysia's largest marine port operator, Westports Holdings Bhd is positioned front and centre to benefit from a pick up in the country's trading activities, underpinned by a robust recovery in intra-Asia trade. (TheStar)

Capital A Bhd's plans to enter into a deal to hive off of its aviation business to AirAsia X Bhd has been extended for a second time, to April 30, 2024. (NST)

SBH Marine Holdings Bhd, newly listed on the ACE market of Bursa Malaysia, said that while the Red Sea crisis has affected the company, the impact is not substantial. (NST)

Source: NST, TheEdge, TheStar

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.
 

 

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