MQ Market Updates - 15 April 2024

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2024-04-15 18:06:14

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IHH Healthcare Bhd, one of the largest healthcare groups in the world, is looking to sustain its double-digit growth this year, with a focus on organic and inorganic growth, public and private partnerships, and the expansion of continuum of care via ambulatory care centres (ACCs). (NST)

Bandar Utama City Centre Sdn Bhd has appointed Solarvest Energy Sdn Bhd, a subsidiary of Solarvest Holdings Bhd, to install on-site solar photovoltaic panels and building-integrated PV panels at the 1 Utama Shopping Centre. (TheEdge)

Kumpulan Kitacon Bhd has via its wholly-owned subsidiary Kitacon Sdn Bhd accepted a job from Tropicana Alam Sdn Bhd for buildings works worth a sum of RM134.8mil. (TheStar)

Phillip Capital has initiated coverage on local power distribution system provider HE Group Bhd (HEG) with a “buy” rating at 49 sen and target price (TP) of 75 sen, pegged to target 18x price-to-earnings (PE) multiple (in line with the mechanical, electrical, and process utility peer valuation under its universe) on 2025E earnings per share. (TheEdge)

Pulp and paper manufacturer Nextgreen Global Bhd and China's Xiamen C&D Paper & Pulp Group Co. Ltd will build a paper pulp production facility on 17.4 hectares at the 166-hectare Green Technology Park (GTP) in Pekan, Pahang. (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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