MQ Market Updates - 10 October 2024

2024-10-10 17:38:57

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Autoris Group Holdings Bhd, which specialises in loss adjusting services for both motor and non-motor segments, saw its shares rise during its debut on the Bursa Malaysia’s LEAP Market today. (TheStar)

Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward. (TheStar)

Guan Chong Bhd's purchase of a 25 per cent stake in Transcao Coté d'Ivoire (CI) could provide the company with swift access to increased capacity at minimal capital expenditure, aiding in securing a stable bean supply to tap into the current market. (NST)

Practice Note 17 (PN17) construction company Ireka Corporation Bhd saw its share price soar by up to 77 per cent during morning trade yesterday after announcing it had secured a RM1.07 billion subcontract for the Pan Borneo Highway project in Sabah. (NST)

Public Bank Bhd (KL:PBBANK), the third-largest bank in Malaysia by assets, is acquiring a 44.15% stake in insurer LPI Capital Bhd (KL:LPI) for RM1.72 billion from the family of the late Tan Sri Teh Hong Piow. (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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