MQ Market Updates - 2 July 2024
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UUE Holdings Bhd made a strong debut on the ACE Market, opening at 66 sen per share or 175% over its initial public offering price (IPO) of 24 sen per share. (TheStar)
Short selling in Jentayu Sustainables Bhd's shares have been suspended until tomorrow after the company's stock price fell more than 26 per cent during the morning session. (NST)
Tenaga Nasional Bhd (TNB) said that its business operations and financial condition will not be affected by the Ministry of Energy Transition and Water Transformation's (Petra) decision to maintain current power rates until December 31 of this year. (NST)
Johor Plantations Group Bhd (JPG) will continue to focus on optimising its operational efficiency, especially on improving yield, mechanisation, plant efficiency and cost control. (TheStar)
Property developer Tropicana Corp Bhd (KL:TROP) unveiled its six key tenants for its SouthPlace Shoppes & Residences development on Tuesday. (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.