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MQ Market Updates - 22 November 2024 

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2024-11-22 17:23:51
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MQ Market Updates - 22 November 2024 

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Theta Edge Bhd (KL:THETA) said it has partnered local data-science company iStream360 Sdn Bhd to develop “market transformative” artificial intelligence (AI), blockchain and advanced system solutions. (The Edge)

Reservoir Link Energy Bhd’s wholly-owned subsidiary, Reservoir Link Sdn Bhd, has been appointed by Petroliam Nasional Bhd (PETRONAS) as its panel contractor for the provision of integrated well continuity services for intervention, workover and abandonment. (TheStar)

Northern Solar Holdings Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia. The company is tentatively scheduled to list in February 2025. (TheStar)

Globetronics Technology Bhd's share price jumped as much as 11.8 per cent in morning trade after it bagged a RM145 million contract to provide integrated circuit (IC) product packaging, testing, and backend services to Taiwan-based ChipMOS Technologies Inc. (NST)

Pawnbroker Pappajack Bhd (KL:PPJACK), whose shares will be transferred from the ACE Market to the Main Market of Bursa Malaysia on Friday (Nov 22), saw its net profit rise 8.2% to RM6.52 million in the third quarter ended Sept 30, 2024 (3QFY2024) from RM6.03 million a year earlier, on the back of a 19.3% increase in gross profit from both the pawnbroking segment and sales of unredeemed or bid pledges. (The Edge)

Source: NST, TheEdge, TheStar

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