MQ Market Updates - 25 April 2024

2024-04-25 17:42:58

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Axis Real Estate Investment Trust (Axis-REIT) is disposing of its property in Nusajaya, Johor, for RM162 million cash to a data centre operator. (NST)

Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said. (TheStar)

Eden Inc Bhd’s major shareholder Tan Sri Abd Rahim Mohamad is proposing to settle a RM45.65 million debt his company owes Eden by transferring the ownership of a 2.4 million sq ft (about 55 acres) leasehold land to the listed entity. (TheEdge)

Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market. (TheEdge)

HeiTech Padu Bhd in a statement today said its ability to consistently deliver is a key reason for its success in securing high-profile government contracts based on merit across different government administrations. (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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