MQ Market Updates - 26 April 2024 

2024-04-26 17:44:23
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MQ Market Updates - 26 April 2024 

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Capital A Bhd on April 25, 2024 entered into conditional share agreements with AirAsia Group Sdn Bhd (AAG) to dispose of AirAsia Aviation Group Limited (AAGL) and AirAsia Bhd (AAB) for RM6.8 billion, in a related party transaction. (NST)

Berjaya Corp Bhd (BCorp) has denied that its founder Tan Sri Vincent Tan is in talks regarding a casino licence in Forest City, Johor, as reported recently. (TheStar)

D&O Green Technologies Bhd, which mainly makes automotive light-emitting diodes (LEDs), is optimistic of at least 10% revenue growth this year and plans to build another facility in anticipation of “significant growth” over the next decade. (TheEdge)

Majuperak Holdings Bhd and Shizen International Bhd are exploring the development of ground-mounted solar photovoltaic projects and assessing potential bodies of water suitable for floating solar photovoltaic projects. (NST)

Pavilion Real Estate Investment Trust rose to its highest in more than a month after the release of its first-quarter results, while analysts expect the REIT, which mainly manages shopping malls, to benefit further from higher tourist arrivals. (TheEdge)

Source: NST, TheEdge, TheStar

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