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MQ Market Updates - 30 December 2024

2024-12-30 17:22:40

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Apex Equity Holdings Bhd (APEX) is acquiring a property in Bangsar South for RM50 million to support its business operations. The deal involves a boutique office building measuring 54,876 sq ft, signed with Noah Foundation.

Mui Properties Bhd (MUIPROP) has requested a trading suspension pending a significant announcement, indicating potential developments that could impact its stock.

Samaiden Group Bhd (SAMAIDEN) has been shortlisted by the Energy Commission to develop a 99.99MW solar photovoltaic plant in Pasir Mas, Kelantan, marking a significant step in renewable energy initiatives.

ECA Integrated Solutions Bhd (ECA) has seen its coverage discontinued by Public Investment Bank due to a challenging outlook, leading to a decline in its share price following a quarterly net loss.

Southern Cable Group Bhd (SCGBHD) is expected to secure additional contracts following a recent RM172.6 million contract win, enhancing its market position.

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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