MQ Market Updates - 13 August 2024

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2024-08-13 18:45:20

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Sik Cheong Bhd jumped as much as 87 per cent, from its initial public offering (IPO) price of 27 sen, on its debut on the ACE Market of Bursa Malaysia. (NST)

Axiata Group Bhd’s (KL:AXIATA) 63%-owned tower company, Edotco Group Sdn Bhd, on Tuesday signed two separate memoranda of understanding (MOUs) with the Malaysia Digital Economy Corporation (MDEC) and Boost Holdings Sdn Bhd to accelerate Malaysia's digital economy through next-generation digital infrastructure and financial inclusion initiatives. (TheEdge)

Paramount Corp Bhd has issued its first sustainability-linked sukuk wakalah (SLS) of RM100mil in nominal value today with AmBank Islamic Bhd as the sole subscriber. (TheStar)

Shares of Pekat Group Bhd (KL:PEKAT) rose to their highest in more than month in active trade on Tuesday after the company announced a contract for earthing and lightning protection at a data centre. (TheEdge)

Astro Holdings Bhd's outlook is likely to remain clouded despite moves to rationalise their product offerings to gain more customers. (NST)

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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