MQ Market Updates - 23 December 2024
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Tuju Setia Bhd (TJSETIA) has boosted its order book to RM2 billion after winning a RM389 million contract from Beverly Group for the Milla Residence project, which includes two 52-storey serviced apartment blocks in Wangsa Maju.
RHB Research forecasts a 122% earnings growth for MyNews Holdings Bhd (MYNEWS) for FY25.
Progressive Impact Corporation Bhd (PICORP) has secured a contract for public health pest laboratory services in Makkah, Saudi Arabia.
Top Glove Corporation Bhd (TOPGLOV) faces limited upside as valuations are stretched, with earnings outlook clouded by cost and sales concerns.
S P Setia Bhd (SPSETIA) reports full take-up for its commercial projects in Semenyih, including Pines Avenue and Baris Place 2.
Source: NST, TheEdge, TheStar
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