MQ Market Updates - 29 April 2024

2024-04-29 17:37:35
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MQ Market Updates - 29 April 2024 

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Censof Holdings Bhd today announced that its all-digital platform for insurance and takaful, insureKU, has obtained Bank Negara Malaysia (BNM) approval to start operations. (NST)

Engineering solutions provider Kawan Renergy Bhd, en route for a listing on the ACE Market of Bursa Malaysia Securities on May 29, 2024, aims to raise RM33 million from its initial public offering (IPO). (TheStar)

Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.  (TheEdge)

With the results of its first-quarter (1Q) performance in, Nestle (Malaysia) Bhd said 2024 is shaping up to be a challenging year with pressure on short-term growth as a result of inflation, foreign exchange volatility as well as heightened inflation. (TheStar)

Berjaya Corporation Bhd (BCorp) yesterday said that it has filed police reports regarding articles on its involvement in casino talks at Forest City, Johor, citing malicious intent aimed at causing political upheaval. (NST)

Source: NST, TheEdge, TheStar

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