MQ Market Updates - 04 June 2024

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2024-06-04 17:39:57

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Kimlun Corp Bhd's wholly-owned subsidiary Kimlun Sdn Bhd has bagged a contract from Saujana Development Sdn Bhd for a high rise residential development in Seksyen U2 in Shah Alam valued at RM234.27mil. (TheStar)

Malaysia Marine and Heavy Engineering Holdings Bhd said on Tuesday that it has secured a subcontract worth RM1.5 billion to build an offshore substation at a wind farm in the Netherlands. (TheEdge)

SNS Network Technology Bhd has been appointed by VSTECS Bhd as an authorised retailer for Starlink’s equipment in Malaysia. (TheEdge)

ITMax System Bhd's 65 per cent-owned subsidiary Southmax Sdn Bhd has accepted an appointment by Iskandar Puteri City Council (MBIP) to be the smart parking operator of 32,025 street parking bays. (NST)

Shares of I-Bhd rose to their highest in more than four months after Public Investment Bank upgraded its rating for the property developer, citing increased confidence in the consistency of earnings recovery. (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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