MQ Market Updates - 2 September 2024

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2024-09-02 17:53:47

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Pekat Group Bhd's indirect unit, Solaroo RE (Maldives) Pvt Ltd, has agreed to supply solar-powered electricity to Maldives-based Sun Investments Pvt Ltd for RM30 million. (NST)

Short selling in SAM Engineering & Equipment (M) Bhd's shares were suspended two hours into trading after it report 50 per cent lower net profit in the first quarter ended June 30, 2024 (Q1FY25). (NST)

Powerwell Holdings Bhd's wholly-owned subsidiary, Kejuruteraan Powerwell Sdn Bhd, has secured purchase orders worth RM9.78mil from Raiden M&E Sdn Bhd. (TheStar)

Shares of Pansar Bhd (KL:PANSAR) rose on Monday to their highest in nearly three months, after the building materials company secured a RM804.7 million construction contract. (TheEdge)

Shares of MSM Malaysia Holdings Bhd (KL:MSM) snapped a four-day losing streak on Monday, after the sugar refiner said it had secured a deal to export grain sugar to China. (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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