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MQ Market Updates - 23 May 2024

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2024-05-23 17:41:20
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MQ Market Updates - 23 May 2024 

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MSM Malaysia Holdings Bhd (MSM) returned to the black with a net profit of RM41.7 million for the first quarter (Q1) ended 31 March 2024 on the back of improved margins, despite higher production cost. (NST)

Hartalega Holdings Bhd's latest set of results is bolstering optimism the glove maker will deliver sequentially stronger earnings in the coming quarters amid an improving demand outlook. (TheStar)

The shares of ACE Market-listed Nationgate Holdings Bhd will be transferred to the Main Market of Bursa Malaysia at 9am on May 24, 2024 (Friday). (TheStar)

Leading oil and gas (O&G) services provider Deleum Bhd is striving to achieve sustainable growth through strategic collaborations, technological innovations and operational excellence. (TheStar)

Zantat Holdings Bhd posted a net profit of RM1.9 million, on the back of RM28.8 million in revenue, for the first quarter ended March 31, 2024 (1QFY2024), derived from the production of ground calcium carbonate. (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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