MQ Market Updates - 3 September 2024
MQ Market Updates - 3 September 2024
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Sorento Capital Bhd has signed an underwriting agreement with Alliance Islamic Bank Bhd (AIS) as part of its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd. (TheStar)
Tropicana Corporation Bhd (KL:TROP) inked a memorandum of understanding (MOU) with GreenRE Sdn Bhd on Tuesday to emphasise its commitment to provide sustainable and green buildings across its property development projects. (TheEdge)
Shares in NPC Resources Bhd rose to their highest level in eight weeks in early trade on Tuesday, following news of the company's disposal of a loss-making Indonesian unit for RM29mil. (TheStar)
IOI Corporation Bhd's downstream manufacturing segment is anticipated to show signs of recovery, driven by higher refinery margins and increased demand for oleochemical products ahead of the implementation of the EU Deforestation Regulation (EUDR). (NST)
Cypark Resources Bhd (KL:CYPARK) is deferring its periodic distribution for its RM235 million tranche 1 perpetual sukuk due Wednesday (Sept 4), as it wanted to dedicate all resources to meet the commercial operations date for its 60MW floating solar plant in Kelantan. (TheEdge)
Source: NST, TheEdge, TheStar
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