MQ Market Updates - 15 January 2025
MQ Market Updates - 15 January 2025
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Steel products manufacturer Colform Group Bhd has set its initial public offering (IPO) price at 36 sen per share, aiming to raise up to RM41.19 million.
Hartalega Holdings Bhd (HARTA) and Kossan Rubber Industries Bhd (KOSSAN) are likely to benefit if trade is diverted to Malaysia due to quality issues associated with Chinese gloves along with the incremental US tariff rises.
Fajarbaru Builder Group Bhd (FAJAR), a turnkey contractor and property developer, has rebranded itself as FBG Bhd, reinforcing its position as a leader in innovative, high-quality construction and property development.
KESM Industries Bhd (KESM) said it is bracing for a bumpy operating environment from geopolitical tensions, betting on its upgraded testing equipment to support more advanced applications.
Affin Bank Bhd's (AFFIN) ambitious branch expansion plan is expected to keep its cost-to-income ratio (CIR) elevated for the next few years, according to CGS International, which is reiterating its 'reduce' recommendation on the bank.
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