MQ Market Updates - 11 June 2024

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2024-06-11 18:02:20

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Managepay Systems Bhd's (MPay) wholly-owned subsidiary ManagePay Services Sdn Bhd (MPSB) has secured a five-year contract to develop and implement a mobility as a service super application (app) platform for Keretapi "Tanah Melayu Bhd (KTMB). (NST)

Cypark Resources Bhd’s 100 megawatts (MW) large scale solar 3 (LSS3) hybrid solar energy plant in Merchang, Terengganu, has successfully reached its commercial operation date (COD) on June 9, 2024. (TheStar)

Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), has announced that its redevelopment plans for the 75 London Wall building in London with UK-based real estate investors Castleforge Partners have been approved. (TheEdge)

Sunway Construction Group Bhd (SunCon) could potentially see an earnings accretion of about 5% for the financial year ending Dec 31, 2024 (FY24) from works related to the 2.12 gigawatt (GW) Song Hau 2 thermal power plant (SH2P) project in Vietnam. (TheStar)

Duopharma Biotech Bhd is expected to see steady revenue growth predicted by the recovery of consumer healthcare (CHC) sales and the recent renewal of the approved product purchase list (APPL) tender, said RHB Research. (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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