MQ Market Updates - 25 October 2024

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2024-10-25 17:32:15

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Padini Holdings Bhd (KL:PADINI) announced plans to refurbish nine stores, open four new outlets, and close one location in Malaysia in the current financial year ending June 30, 2025 (FY2025) as part of efforts to streamline its retail operations. (TheEdge)

Uzma Bhd, which has emerged as the second-largest electrical submersible pump (ESP) provider in Thailand, intends to penetrate the Middle East market to further enhance its brand image among oil majors. (TheStar)

OB Holdings Bhd's wholly owned subsidiary has received a dispute notice from a customer, Nature One Dairy (Hong Kong) Ltd (NOD), for allegedly breaching the purchase and supply agreement between the two. (TheEdge)

Shares of DXN Holdings Bhd (KL:DXN) on Friday fell to their lowest since its listing 17 months ago, after the health supplement manufacturer reported another set of weaker-than-expected results. (TheEdge)

Hong Leong Investment Bank Bhd (HLIB Research) has cut Pavilion Real Estate Investment Trust's (REIT) forecast by 5.3 per cent, after it factored in a lower revenue contribution from Pavilion KL. (NST)

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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