MQ Market Updates - 7 January 2025
MQ Market Updates - 7 January 2025
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Infomina Bhd (INFOM) has secured a RM22.35 million contract from the Road Transport Department for the upgrade and maintenance of the Automated Awareness Safety System (AwAS) speed camera.
Kerjaya Prospek Group Bhd (KERJAYA) has increased its order book by 6.5% to RM4.2 billion after winning a RM256.4 million contract for a project in Elmina West, Shah Alam, indicating strong future opportunities.
Itmax System Bhd (ITMAX) has been awarded an RM11.84 million contract for upgrading and maintaining closed-circuit camera systems from the Penang city council.
Kumpulan Wang Persaraan (Diperbadankan) has sold 119.25 million shares, or 7.15% of Malaysia Airport Holding Bhd (AIRPORT), as part of a takeover offer by Gateway Development Alliance Sdn Bhd.
Tenaga Nasional Bhd (TENAGA) may see its capital expenditure for Regulatory Period 4 increase by up to 21% above RM35.5 billion, according to CIMB Securities.
Source: NST, TheEdge, TheStar
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