MQ Market Updates - 14 October 2024

2024-10-14 17:54:58

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SPB Development Bhd has filed for an initial public offering (IPO) on the Main Market of Bursa Malaysia to expand or replenish its landbank for future development projects. (NST)

Telecommunications firm Reach Ten Holdings Bhd filed for an initial public offering (IPO) on the Main Market to raise funds for expansion and build more towers. (TheEdge)

Cropmate Bhd has signed an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia. (TheStar)

Fibromat Bhd, which provides geotechnical services and makes erosion-control products, has filed for an initial public offering (IPO) as part of its listing transfer to the Ace Market of Bursa Malaysia, from the Leap Market. (TheEdge)

Sorento Capital Bhd, a bathroom and kitchenware firm, could be worth 13.5% more than its initial public offering (IPO) price, driven by strong revenue and profit growth, said TA securities. (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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