MQ Market Updates - 23 April 2024

2024-04-23 17:34:15

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Cypark Resources Bhd has announced its 100MWac Large Scale Solar 3 hybrid solar plant in Merchang, Terengganu, achieved initial operations on April 21, 2024. (TheStar)

Sapura Energy Bhd's share price jumped 22.22 per cent after it announced the sale of its entire 50 per cent stake in SapuraOMV Upstream Sdn Bhd to TotalEnergies Holdings SAS for US$705.3 million (RM3.37 billion). (NST)

Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines. (TheEdge)

Nestle (Malaysia) Bhd may raise the prices of certain products containing coffee and cocoa beans in response to the increasing prices of the two commodities. (NST)

Axis Real Estate Investment Trust (Axis REIT), which mainly manages offices and warehouses, will gain a boost in earnings with the proposed RM351.8 million industrial acquisitions in Bukit Raja, Selangor, analysts said. (TheEdge)

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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