MQ Market Updates - 21 May 2024

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2024-05-21 17:24:53

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KTI Landmark Bhd expects to raise RM48mil en route to a listing on the ACE Market of Bursa Malaysia on June 19, 2024. (TheStar)

Feytech Holdings Bhd commenced trading on the Main Market of Bursa Malaysia to strong buying support after the public portion of its initial public offering (IPO) was oversubscribed 15.64 times. (TheStar)

Earthworks and civil engineering specialist Advancecon Holdings Bhd has clinched a RM25.4 million contract from Sime Darby Property Bhd to undertake main infrastructure works for Tiara Residences in Seksyen 8, Shah Alam. (TheEdge)

Sunway Construction Group Bhd (SunCon) is expected to record a higher orderbook for its financial year 2024 (FY24) given a vibrant advanced tech facilities sector, rail projects, and the potential formalisation of its Vietnam project. (NST)

Petronas Dagangan Bhd said it expects continued growth in its retail and commercial business segments amid an increase in domestic economic activities and a recovery in the aviation industry. (TheStar)

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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