MQ Market Updates - 9 September 2024

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2024-09-09 17:53:41

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99 Speed Mart Retail Holdings Bhd made a stellar debut on the Main Market of Bursa Malaysia, opening at RM1.85 sen per share, a 20 sen bump above its initial public offering (IPO) price of RM1.65. (TheStar)

Tenaga Nasional Bhd or TNB (KL:TENAGA) has obtained an interim stay from the High Court over it having to pay RM1.39 billion in additional tax to the Inland Revenue Board (IRB). (TheEdge)

Eversendai Corp Bhd's group of companies has been awarded RM1.1bil worth of new contracts, bringing its current outstanding order book to RM6.7bil. (TheStar)

Investors with shares in property developer OCR Group Bhd have been adviced to contemplate participating in the company's renounceable rights issue of up to 1.34 billion new shares at an 3.5 sen each. (NST)

Shares of Gamuda Bhd (KL:GAMUDA) fell as much as 4.32% in the morning session on Monday, on news of an embankment collapse at its construction site for the Sungai Rasau Water Supply Scheme (Stage 1) project at Taman Mas, Puchong. (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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