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MQ Market Updates - 29 October 2024 

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2024-10-29 17:19:32
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MQ Market Updates - 29 October 2024 

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Winstar Capital Bhd has received approval from Bursa Malaysia Securities Bhd (Bursa Malaysia) to list on the ACE Market by the fourth quarter of 2024. (NST)

Shares in OB Holdings Bhd climbed 4.17% as it opened for trading on the ACE Market of Bursa Malaysia, following an initial public offering (IPO) that raised RM28.8mil. (TheStar)

Kumpulan Kitacon Bhd’s wholly-owned subsidiary, Kitacon Sdn Bhd has secured a RM131.9mil construction contract from Tropicana Alam Sdn Bhd. (TheStar)

Frontken Corp Bhd (KL:FRONTKN) net profit surged 32% in its latest quarter ended September, as strong demand for its products drove revenue and utilisation higher at its Taiwan facility. (TheEdge)

Unisem (M) Bhd (KL:UNISEM) net profit grew 48% year-on-year (y-o-y) and 60% quarter-on-quarter (q-o-q) in the quarter ended Sept 30, 2024 (3QFY2024), which it attributed to higher sales volume and foreign exchange gains. (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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