MQ Market Updates - 13 May 2024

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2024-05-13 18:07:10

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MMAG Holdings Bhd's wholly-owned subsidiary MMAG Aviation Consortium Sdn Bhd (MAC) has entered into a partnership with Supreme Global Holdings (Private) Limited to collaborate on the aviation sector in Sri Lanka. (TheStar)

Aurelius Technologies Bhd’s (KL:ATECH) wholly owned subsidiary BCM Electronics Corp Sdn Bhd on Monday announced the commencement of construction for a new integrated manufacturing plant, known as P5, in Kulim Hi-Tech Park, Kedah. (TheEdge)

Mi Technovation Bhd's first quarter ended March 31, 2024 (1Q24) core earnings were in line with Public Investment Bank Bhd (PublicInvest) and consensus full-year expectations, making up 22.6 per cent and 23.4 per cent respectively. (NST)

AME Elite Consortium Bhd, via two wholly-owned subsidiaries, has agreed to dispose of 11 plots of industrial land in the i-TechValley in Phase 3 of the southern industrial and logistics clusters (SILC) in Iskander Puteri, Johor, to Digital Hyperspace Malaysia Sdn Bhd for a combined RM209.84mil cash. (TheStar)

RHB Investment Bank (RHB IB) Research said that based on the latest market capitalisation rankings of eligible stocks, Sunway Bhd (KL:SUNWAY) is ranked at 24 and will be eligible for inclusion into the list of component stocks of the FBM KLCI if the ranking remains at the cut-off date. (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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