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MQ Market Updates - 17 May 2024 

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2024-05-17 18:11:42
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MQ Market Updates - 17 May 2024 

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ITMAX System Bhd has obtained a contract extension valued at RM105.3 million from Kuala Lumpur City Hall (DBKL). (NST)

BWYS Group Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia. (TheStar)

Sarawak Cable Bhd (KL:SCABLE) said that the memorandum of agreement (MOA) between the company and Serendib Capital Ltd (Serendib) had been validly terminated. (TheEgde)

Shares of Hup Seng Industries Bhd (KL:HUPSENG) climbed to their highest in nearly three years after the biscuit maker reported that its net profit surged 45% year-on-year in the first quarter. (TheEdge)

Iconic Worldwide Bhd's subsidiary Iconic Medicare Sdn Bhd (IMED) is suing Jovian Apparel Sdn Bhd for an alleged unpaid amount of RM4.96 million for face masks supplied to the retailer. (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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