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MQ Market Updates - 23 July 2024 

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2024-07-23 17:44:32
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MQ Market Updates - 23 July 2024 

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JOHOR-based pawn broker Well Chip Group Bhd saw a significant debut on the main market of Bursa Malaysia today. (NST)

MISC Bhd (KL:MISC) is expected to deliver a 43% year-on-year rise in core net profit for the second quarter of its financial year 2024, amid modest improvement in charter rates and a rebound at its marine and heavy engineering business. (TheEdge) 

Advancecon Holdings Bhd's indirect 51%-owned subsidiary Spring Energy Sdn Bhd has entered into a mining services agreement with Imerys Minerals Malaysia Sdn Bhd to carry out mining works at Gunung Terundum in the Simpang Pulai/Keramat Pulai area. (TheStar)

Varia Bhd's wholly-owned subsidiary Teguh Maju Sdn Bhd has secured a contract from Best Metro Builder Sdn Bhd for the supply of labour, materials and equipment for the upgrading works of the sewage treatment plant in Mak Mandin and constructing a sewerage pipeline in the Butterworth North catchment area in Pulau Pinang. (TheStar)

Kossan Rubber Industries Bhd is expected to see a sequential uptick in its sales volume for the second half of 2024 (2H 2024), as demand for gloves continues to increase due to customers replenishing their depleting inventories. (NST)

Source: NST, TheEdge, TheStar

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