MQ Market Updates - 14 November 2024
MQ Market Updates - 14 November 2024
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MClean Technologies Bhd has obtained approval from Bursa Malaysia Securities Bhd for the listing of up to 49.3 million placement shares to be issued under its proposed private placement. (NST)
Bumi Armada Bhd (KL:ARMADA) said on Thursday that it has signed a non-binding agreement to explore a potential merger with state-owned MISC Bhd (KL:MISC). (TheEdge)
CIMB Securities Sdn Bhd has reduced its earnings projections for Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) by 16.4 per cent and 25.4 per cent for financial years 2025 (FY25) and FY26 respectively due to slower-than-expected job replenishment. (NST)
Shares of Johor Plantations Group Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices. (TheEdge)
Shares of VSTECS Bhd (KL:VSTECS) rose on Thursday after the electronics products distributor reported a surge in quarterly net profit on the back of record-high revenue. (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.
