MQ Market Updates - 16 October 2024
MQ Market Updates - 16 October 2024
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Shares of Malayan Flour Mills Bhd (KL:MFLOUR) fell to their lowest in more than five months on Wednesday, following an announcement that the company would not be getting a second earnout payment from a stake sale. (TheEdge)
LBS Bina Group Bhd (KL:LBS) officially launched its latest 315-acre township development named Rimbawan in Genting Highlands, Pahang on Tuesday (Oct 15). The township has a gross development value (GDV) of RM9.5 billion. (TheEdge)
Maxis Bhd has signed a memorandum of understanding with the Malaysia Retail Chain Association (MRCA), which represents 562 Malaysian retailers, to encourage the adoption of 5G solutions to strengthen the domestic retail sector. (TheStar)
Household electrical appliance maker Pensonic Holdings Bhd is advocating for key government initiatives in the 2025 Budget to support local manufacturers and boost their global competitiveness. (NST)
Crescendo Corporation Bhd (KL:CRESNDO) said on Wednesday that it is buying SGR Land Development Sdn Bhd and taking on its six land purchase obligations in Johor for RM168.85 million. (TheEdge)
Source: NST, TheEdge, TheStar
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