MQ Market Updates - 20 August 2024

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2024-08-20 17:47:06

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Solarvest Holdings Bhd through its subsidiary, Solarvest Energy Sdn Bhd, has formed a joint venture with Agmo Holdings Bhd's subsidiary, Agmo Capital Sdn Bhd to develop digital clean energy solutions. (NST)

Maxis Bhd has entered into a memorandum of understanding (MoU) with global telecommunications operator China Mobile International to drive growth in the telecommunications sector. (NST)

South Malaysia Industries Bhd (KL:SMI) on Tuesday received a takeover offer worth more than RM47 million from a group of major shareholders. (TheEdge)

Kinergy Advancement Bhd (KAB) expects stronger contributions to revenue and profit growth in the upcoming quarters, projecting sustained momentum that could see a doubling of 2023’s results. (TheStar)

Shares of IJM Corp Bhd (KL:IJM) rose to their highest in more than two weeks after the construction company announced that it had secured two contracts worth RM561 million. (TheEdge)

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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