MQ Market Updates - 4 October 2024
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Velesto Energy Bhd's (Velesto) subsidiary Velesto Drilling Sdn Bhd has entered into a memorandum of understanding (MoU) with global technology company SLB to enhance rig capabilities. (NST)
Investors pushed Pertama Digital Bhd (PDB)'s share price to below RM1 today unconvinced by assurances by the company's management that all was well with the company. (NST)
MMAG Holdings Bhd has clarified that it is neither facing financial distress nor experiencing cash flow problems, despite being categorised as a Guidance Note 3 (GN3) affected listed issuer. (NST)
Technology company, Techna-X Bhd's share price was unchanged at midday, after it announced the termination of plans to develop an 85-acre microalgae farm and produce algae biofuel for renewable energy technology projects. (NST)
Sungei Bagan Rubber Co (Malaya) Bhd has clarified that the transfer of agricultural land in Semenyih, Selangor, which was initially part of its acquisition deal with Kuchai Development Bhd, has been entirely excluded from the agreement signed on Dec 29, 2023. (TheStar)
Source: NST, TheEdge, TheStar
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