MQ Market Updates - 3 December 2024
MQ Market Updates - 3 December 2024
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Sime Darby Property Bhd (SIMEPROP) has seen strong demand for its recent launches, JUMPA @ Elmina Valley and Kanopi. Analysts predict a significant shift in its earnings profile by 2026-2027 as rental income from data-centre projects begins.
Binastra Corp Bhd (BNASTRA) has secured a RM327.74 million contract for the construction of serviced apartments in Bukit Jalil, enhancing its project portfolio.
Encorp Bhd (ENCORP) has terminated its suspended CEO following internal investigations, indicating a shift in management strategy.
Mah Sing Group Bhd (MAHSING) is acquiring 59.12 acres in Johor Bahru for RM62.98 million, planning to develop super-linked homes with a GDV of RM463 million.
JF Technology Bhd (JFTECH) will start selling products in the US by January 2025 after a licensing agreement with Ironwood Electronics.
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.
