MQ Market Updates - 27 August 2024

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2024-08-27 17:45:58

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Short selling in Notion Vtec Bhd's shares has been suspended for the second time in a week, after its share price dropped more than 15 per cent. (NST)

Catcha Digital Bhd (KL:CATCHA) is planning a special issue of up to 52 million new shares to Bumiputera investors to meet the Bumiputera equity requirement for public listed companies, following the implementation of its regularisation plan last year that involved the acquisition of iMedia Asia Sdn Bhd. (TheEdge)

Construction outfit GDB Holdings Bhd (KL:GDB) announced that it has obtained an adjudication decision that is favourable to the group in its dispute with KSK Land Sdn Bhd over payments to be paid following KSK Land’s termination of GDB's unit as a main contractor of the 8 Conlay project. (TheEdge)

Time Dotcom Bhd's net profit in the second quarter ended June 30, 2024 (2Q FY2024) fell to RM99.05 million from RM2.26 billion in the same quarter last year due to the discontinued operations of AIMS Data Centre business. (NST)

OSK Holdings Bhd’s net profit in the second quarter ended June 30, 2024 (2Q 2024) fell to RM128.70 million from RM131.03 million in the same quarter last year. (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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