MQ Market Updates - 16 August 2024
MQ Market Updates - 16 August 2024
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Oil and gas (O&G) support services firm Steel Hawk Bhd on Friday launched its initial public offering (IPO) that would raise up to RM20.21 million as part of its listing transfer to the ACE Market. (TheEdge)
Bumi Armada Bhd announced that its wholly owned subsidiary, Bumi Armada Holdings Labuan Ltd (BAHLL), has secured syndicated facilities with a six-year tenor at an aggregate principal amount of up to US$400 million to refinance a RM1.5 billion sukuk. (NST)
Itmax System Bhd, which is involved in supplying, installing and providing public space networked systems, says it has been awarded a RM539 million contract by Kuala Lumpur City Hall (DBKL). (NST)
LKL International Bhd has struck a deal with Philippines-based healthcare solutions provider Karl Group to explore the manufacturing of hospital furniture and investment opportunities in the country. (TheStar)
Pestech International Bhd's share price dropped as much as 14.7 per cent in morning trade after it said IJM Corporation Bhd no longer plans to take a substantial stake in the company. (NST)
Source: NST, TheEdge, TheStar
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