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MQ Market Updates - 22 April 2024

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2024-04-22 17:39:15
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MQ Market Updates - 22 April 2024 

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Keyfield International Bhd made its debut on the Main Market of Bursa Malaysia at RM1.70 a share, an 89% premium over its initial public offering (IPO) price of 90 sen a share. (TheStar)

Powerwell Holdings Bhd has secured a RM22.05 million sub-contract to supply a low voltage (LV) switchboard for the first stage of Sg Rasau Water Supply Scheme development in Selangor. (TheEdge)

Investors of Sapura Energy Bhd await the material announcement hinted at last Friday's noon break by the oil and gas (O&G) services company, which is in the midst of formulating a regularisation plan to address its Practice Note 17 status. (TheEdge)

Nestlé Malaysia Bhd is reintroducing the Nestlé Salary For Life contest as part of its ongoing dedication to improving the well-being of Malaysians and contributing to local communities. (NST)

The merger between Axiata Group Bhd's 82.3 per cent-owned Sri Lankan subsidiary Dialog with Airtel suggests positive earnings accretion for the group for the financial year 2025 (FY25). (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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