MQ Market Updates - 5 September 2024

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2024-09-05 17:51:26

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Oil and gas service provider Steel Hawk Bhd (KL:HAWK), which has transferred its listing to the ACE Market of Bursa Malaysia via an initial public offering (IPO), said the group is bidding for more long-term Petroliam Nasional Bhd (Petronas) contracts and expanding its renewable energy business. (TheEdge)

Short selling in UWC Bhd has been suspended again after its share price dropped more than 15 per cent. (NST)

The intraday short selling (IDSS) of D & O Green Technologies Bhd’s shares has been suspended for the rest of the day after its last done price dropped more than 15% or 15 sen from its reference price. (TheStar)

UMediC Group Bhd (UMC) is expected to achieve core profit after taxation and minority interests (PATMI) growth of about 25 per cent in the financial year 2025 (FY25), driven by an increase in production capacity for HydroX. (NST)

Inta Bina Group Bhd via its wholly-owned subsidiary Inta Bin Sdn Bhd has secured a RM96.55mil contract from Sime Darby Property (Bukit Raja) Sdn Bhd for the construction of business service apartments in Putra Heights, Damansara, in Petaling, Selangor. (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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