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MQ Market Updates - 22 October 2024 

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2024-10-22 17:42:46
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MQ Market Updates - 22 October 2024 

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Beverage manufacturer Life Water Bhd has launched its initial public offering (IPO) that would raise RM81.87 million for its listing on the Main Market. (TheEdge)

Gamuda Bhd has, via an unincorporated joint venture, secured a RM4.3bil (NTD31.96bil) contract for the Xizhi Donghu Mass Rapid Transit (MRT) in Taiwan. (TheStar)

Tenaga Nasional Bhd (TNB) is expected to see continuous stable returns from its hydropower plants following the implementation of the Hydro Life Extension Programme (HLEP), according to RHB Investment Bank Bhd (RHB IB). (NST)

Auto parts manufacturer Betamek Bhd (KL:BETA) has co-developed with Perodua an auto telematics system, which was unveiled at the Daihatsu Motor Co Ltd (DMC) exhibition in Osaka, Japan. (TheEdge)

Bursa Malaysia Bhd (KL:BURSA) is expected to report a sequential decline in third-quarter earnings, amid lower trading volume and higher expenses, said CIMB 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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