MQ Market Updates - 20 November 2024

2024-11-20 17:41:58

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Supreme Consolidated Resources Bhd (SCRB) reported overwhelming demand for its initial public offering (IPO), with the public portion of shares seeing an oversubscription of 349.4 times (TheStar)

Handal Energy Bhd (KL:HANDAL) was slapped with a RM132.6 million counterclaim from a former joint venture (JV) partner, alleging a breach of their JV agreement.(TheEdge)

Binastra Corporation Bhd has bagged a RM256.5 million contract mechanical and electrical (M&E) fit-out works for a data centre located in Bukit Jalil. (NST)

Shares of Malayan Flour Mills Bhd (KL:MFLOUR), or MFM, sank on Wednesday morning to their lowest in 10 months, after the company reported a nearly 70% drop in net profit in its third quarter.(TheEdge)

Dialog Group Bhd's shares rose in early trade following an improved bottomline in its first-quarter results released yesterday.(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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