MQ Market Updates - 29 November 2024
MQ Market Updates - 29 November 2024
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Shares of Supreme Consolidated Resources Bhd (KL:SUPREME) gained 48% in its trading debut on Friday after the frozen food processor’s initial public offering (IPO) on the ACE Market raised RM17.50 million. (TheEdge)
Solar District Cooling Group Bhd (KL:SDCGB), which listed on the ACE Market of Bursa Malaysia on Sept 19, posted a net loss for the third quarter on high administrative expenses related to the initial public offering (IPO) expenses. (TheEdge)
Wellcall Holdings Bhd (KL:WELLCAL) declared a special dividend on top of an interim dividend, despite a 56.22% drop in the industrial rubber hose maker’s fourth quarter net profit — mainly due to foreign exchange (forex) losses. (TheEdge)
WCE Holdings Bhd's net loss for the second quarter ended Sept 30, 2024 (2Q25) narrowed to RM10.58 million from RM24.17 million a year ago, mainly attributed to interest costs charged after section completions. (NST)
Public Bank Bhd's net profit expanded 12.4 per cent to RM1.91 billion in the third quarter ended Sept 30, 2024 (Q3 2024) from RM1.7 billion in Q3 2023, supported by the increase in net interest and Islamic banking income. (NST)
Source: NST, TheEdge, TheStar
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