MQ Market Updates - 20 June 2024

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2024-06-20 18:05:45

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Telekom Malaysia Bhd's (TM) joint venture (JV) with Nxera MY Pte Ltd to develop a data centre in Johor will contribute positively to TM's bottomline from 2029 onwards. (NST)

Malton Bhd has partnered with RHB Banking Group to offer green financing options for homebuyers at its River Park Bangsar South development here via the bank's Green Home Financing programme. (TheEdge)

Genting Bhd today announced that two of units have joined forces to commission a US$962 million (RM4.5 billion) floating liquefied natural gas (LNG) facility to be used in West Papua, Indonesia. (NST)

OCK Group Bhd is well-positioned to benefit strongly from 5G deployment in Malaysia, thanks to its solid execution track record in rolling out 3G/4G sites under projects initiated by the Malaysian Communications and Multimedia Commission (MCMC) and Jendela. (NST)

Medical consumables maker UMediC Group Bhd plans to nearly double its targeted production capacity of HydroX prefilled humidifiers, considering the robust demand for the product. (TheStar)

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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