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MQ Market Updates - 05 June 2024 

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2024-06-05 17:49:02
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MQ Market Updates - 05 June 2024 

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Kucingko Bhd, a company offering 2D animation production services, has entered into an underwriting agreement with Kenanga Investment Bank Bhd for its forthcoming initial public offering (IPO) on the ACE Market. (NST)

Managepay Systems Bhd (MPay), via its wholly-owned unit ManagePay Services Sdn Bhd (MPSB), has bagged an incentive contract worth US$3.65mil from Mastercard Asia/Pacific Pte Ltd (MAPPL) for a sign-on bonus, product launch, data and services and marketing support. (TheStar)

Shares in Inta Bina Group Bhd touched a new record high on Wednesday, after the construction company announced that it had secured a RM111.98 million contract. (TheEdge)

The upcoming implementation of third-party access (TPA) framework is not expected to be a threat to the country’s sole electricity provider, Tenaga Nasional Bhd (TNB), says RHB Research.(TheStar)

Shares in ITMAX System Bhd extended gains to a new all-time high on Wednesday, after analysts said the traffic management and video surveillance company is set for more jobs in Johor. (TheEdge)

Source: NST, TheEdge, TheStar

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