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MQ Market Updates - 8 November 2024 

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2024-11-08 17:36:31
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MQ Market Updates - 8 November 2024 

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Human capital management provider Ramssol Group Bhd (KL:RAMSSOL) said its 51%-owned subsidiary in Thailand has secured a contract worth 275 million baht (RM35.61 million) to undertake an artificial intelligence (AI) healthcare solutions project for a hospital. (TheEdge)

Pentamaster Corp Bhd (KL:PENTA) led the fall among semiconductor-related counters on Bursa Malaysia on Friday, after the company announced that its quarterly net profit tumbled to a six-year low.  (TheEdge)

Westports Holdings Bhd's net profit rose 19.5 per cent to RM233.07 million in the third quarter (Q3) ended September 30, 2024 from RM195.00 million a year ago, mainly due to the increase in container revenue. (NST)

FGV Holdings Bhd's indirect subsidiary, FGV Bulkers Sdn Bhd (FGVB) is being sued for RM90.8 million for breach of palm kernel shells (PKS) supply and delivery agreement. (NST)

Maxis Bhd’s net profit surged 27.5 per cent to RM366 million for the third quarter ended Sept 30, 2024 (3Q 2024) from RM287 million in the same period last year, driven by both higher service revenue as well as prudent cost management. (TheStar)

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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