MQ Market Updates - 27 September 2024

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2024-09-27 17:45:49

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ACE Market-bound KHPT Holdings Bhd announced that the 20.12 million shares made available to the Malaysian public in its initial public offering (IPO) have been oversubscribed by 124.13 times. (TheEdge)

OB Holdings Bhd (OB Holdings) aims to raise RM28.8 million from its initial public offering (IPO), pursuant to its listing on the ACE Market of Bursa Malaysia on Oct 29. (TheStar)

Metro Healthcare Bhd has entered into an underwriting agreement with MIDF Amanah Investment Bank Bhd to underwrite 34.26 million shares in conjunction with Metro's listing transfer to the ACE Market of Bursa Malaysia. (TheStar)

Lambo Group Bhd, the operator of e-commerce platform LamboPlace, fell 80 per cent after the company said trading in its shares will be suspended from Oct 4, with possible delisting on Oct 8. (NST)

Powerwell Holdings Bhd (KL:PWRWELL) has secured a RM13.25 million contract to supply low-voltage switchboards for data centre projects in Indonesia. (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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