MQ Market Updates - 14 June 2024
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Oriental Kopi Holdings Bhd has filed a draft prospectus on June 13 for an initial public offering (IPO) on the ACE Market of Bursa Malaysia. (TheStar)
Genting Bhd (KL:GENTING) is still looking at opportunities to list in the US, with the intention of unlocking shareholder value. (TheEdge)
Independent oil and gas exploration company, Hibiscus Petroleum Bhd today announced that it has signed a conditional share sale agreement with TotalEnergies Holdings International B.V. to takeover TotalEnergies EP (Brunei) B.V for RM1.2 billion (US$259.4 million). (NST)
OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK) has partnered with Affin Bank Bhd (KL:AFFIN) in the bank’s new mortgage programme “Affinita”, aimed at providing women with financial solutions towards homeownership. (TheEdge)
Property developer Glomac Bhd’s net profit rose 8% to RM15.34 million for the fourth quarter ended April 30, 2024 (4QFY2024), from RM14.1 million a year ago, thanks to its recognition of RM17 million fair value gain on investment property. (TheEdge)
Source: NST, TheEdge, TheStar
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