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MQ Market Updates - 28 May 2024 

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2024-05-28 17:42:56
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MQ Market Updates - 28 May 2024 

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Tenaga Nasional Bhd (TNB) expects to set aside more capital expenditure (capex) under its fourth incentive-based regulation framework from next year due to rising energy demand including from data centres. (NST)

Sime Darby Plantation Bhd (SD Plantation) has received shareholder approval to change its name to SD Guthrie Bhd at its EGM, today. (TheStar)

Engineering firm UUE Holdings Bhd on Tuesday began taking orders from investors for its ACE Market initial public offering (IPO) that would raise up to RM38.97 million. (TheEdge)

On the back of a resilient first quarter, CelcomDigi Bhd will continue to focus on building strong fundamentals to achieve profitable growth, leveraging technology and competencies, said CEO Datuk Idham Nawawi. (TheStar)

Genting Bhd is poised to play catch-up as an FBM KLCI laggard on the back of improving tourist arrivals to Malaysia and Singapore, according to CGS International Securities Malaysia (CGS Malaysia). (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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