MQ Market Updates - 14 August 2024

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2024-08-14 17:50:57

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PPB Group Bhd (KL:PPB) is expected to report a softer first-half (1HFY2024) earnings, following a disappointing 1HFY2024 performance by its 19%-owned associate Wilmar International Ltd (WIL). (TheEdge)

UWC Bhd’s outlook appears promising on the back of an increase in order inflows as well as signs of recovery suggesting that earnings have likely bottomed out in recent quarters and are poised for a turnaround. (TheStar)

Shares in Seng Fong Holdings Bhd (KL:SENFONG) rose on Wednesday to their highest in two weeks, after the rubber processing company reported record annual profit. (TheEdge)

Unique Fire Holdings Bhd has entered into a joint venture agreement with Shanghai Mosafe Equipment Sdn Bhd and its Singaporean unit, Mosafe Protection Pte Ltd, with regards to the establishment of a joint venture company. (TheStar)

Solarvest Holdings Bhd and NCT Group of Companies have announced the commencement of phase one of their project, comprising 270 solar-ready factories at the NCT Smart Industrial Park (NSIP). (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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