MQ Market Updates - 12 July 2024
MQ Market Updates - 12 July 2024
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Uzma Bhd's subsidiary, Jannatul Firdaus International Sdn Bhd has entered into an expression of interest (EOI) with Arafura Energies Ltd and Australian Niugini Services for the sale and purchase of hydrocarbon fuel and product. (NST)
The public issue of Well Chip Group Bhd's initial public offering has been oversubscribed 12.87 times. (TheStar)
Construction and trading group Pesona Metro Holdings Bhd (KL:PESONA) said it is diversifying into property development through the acquisition of a 51% stake in the developer of a high-rise residential project in Bukit Jalil, for RM40.8 million in cash. (TheEdge)
Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (Hektar Reit), announced yesterday the completion of the acquisition of Kolej Yayasan Saad Melaka (KYSM), a fully residential and co-educational private school, for RM148.5 million. (NST)
The shares of Astro Malaysia Holdings Bhd fell below the 52-week low to 28 sen a share today after the Inland Revenue Board (IRB) imposed RM734.9 million in additional taxes on its units from 2019 to 2023. (NST)
Source: NST, TheEdge, TheStar
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