MQ Market Updates - 3 October 2024

2024-10-03 17:35:26

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Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development. (TheStar)

MMAG Holdings Bhd will submit an application for a waiver from being classified as an affected listed issuer after it triggered the Guidance Note 3 (GN3) criteria. (NST)

KIP Real Estate Investment Trust (KIP-REIT) has secured shareholders’ approval to acquire DPulze Shopping Centre in Cyberjaya for RM320mil. (TheStar)

Pertama Digital Bhd (PDB) is unaware of the reasons behind the recent dip in its stock prices, but assures stakeholders that it remains strong and well-positioned for sustainable growth, according to executive director Sabri Ab Rahman. (TheStar)

Eco World Development Group Bhd’s (EcoWorld Malaysia) Quantum Edge business park (QEBP) is expected to be a positive earnings driver for the company. (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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