MQ Market Updates - 15 October 2024

2024-10-15 17:30:17

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Northeast Group Bhd jumped as high as 9.0 per cent from its initial public offering (IPO) price of 50 sen on its debut on the ACE Market of Bursa Malaysia. (NST)

Shares of Critical Holdings Bhd (KL:CHB) rose to their highest in nearly four months on Tuesday, after the engineering company secured a RM63 million mechanical-and-electrical services contract. (TheEdge)

Titijaya Land Bhd (KL:TITIJYA) hopes that the government would not impose a property-related inheritance tax, and instead reintroduce the Home Ownership Campaign (HOC) in Budget 2025, which is slated to be announced on Friday. (TheEdge)

The recent depreciation of the US dollar against the ringgit is anticipated to continue presenting challenges for Top Glove Corporation Bhd, even with the company's price increase of US$1 to US$2 per 1,000 pieces for orders starting next month. (NST)

Maxis Bhd has signed a memorandum of understanding (MoU) with the Malaysia Retail Chain Association (MRCA), which represents 562 Malaysian retailers, to encourage the adoption of 5G technology solutions to strengthen the domestic retail sector. (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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