MQ Market Updates - 6 November 2024
MQ Market Updates - 6 November 2024
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Automation solutions and engineering services provider 3REN Bhd opened 19.6% higher on the ACE Market following a successful initial public offering (IPO) that raised RM30.8mil. (TheStar)
Pharmaniaga Bhd has announced that its upcoming rights issue will proceed without the issuance of free detachable warrants, focusing solely on offering rights shares to shareholders. (NST)
IHH Healthcare Bhd via its subsidiary, Pantai Holdings Sdn Bhd, has issued its inaugural Sukuk, worth RM4 billion, under a newly established RM15 billion Sukuk Wakalah Programme. (NST)
Deleum Bhd's wholly-owned subsidiary Deleum Services Sdn Bhd has purchased an additional 16% stake in gas turbine supplier Turboservices Sdn Bhd from Solar Turbines International Company for RM7.34mil. (TheStar)
Fraser & Neave Holdings Bhd (KL:F&N) has flagged that its cash flow will be affected by the delayed start of milk production at its integrated dairy farm in Gemas, Negeri Sembilan, due to the sudden suspension of imports of dairy cows from the US due to concerns over an avian flu outbreak. (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.
