MQ Market Updates - 24 May 2024

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2024-05-24 17:31:36

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Palm oil producer Johor Plantations Group Bhd said on Friday it has signed agreements with five underwriters for its initial public offering (IPO) in the third quarter of 2024. (TheEdge)

Bursa Malaysia Bhd has introduced an Application Programming Interface (API) or API gateway to allow for quicker Central Depository System (CDS) account activation and real-time trading for retail investors. (NST)

Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) has affirmed efforts to improve its contracting strategies to mitigate risks as it expects supply chain disruptions and price escalations to continue. (TheStar)

Berjaya Food Holdings Bhd (BFood) has hit pause on its expansion plans amid the ongoing boycott of Starbucks Malaysia due to the Israel-Palestine conflict. (NST)

Manulife Insurance Bhd is shaking up the agent recruitment landscape with several strategic initiatives to attract the next generation of insurance professionals, with a particular focus on Gen Z. (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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