MYMBN Bhd made its debut on the ACE Market of Bursa Malaysia Securities Bhd at a 33 per cent premium to its initial public offering (IPO) price of RM0.21 today. (NST)

Maxis Bhd’s decision to take up a stake in 5G network operator Digital Nasional Bhd (DNB) signals industry players’ recognition of the platform’s cost-effectiveness with them having equal access rights, said BMI Country Risk and Industry Research. (TheEdge)

British American Tobacco (Malaysia) Bhd's (BAT) outlook has become uncertain with a delay in the launch of its vape products and erosion of market share for traditional cigarettes, according to Hong Leong Investment Bank (HLIB) Research. (NST)

Pestech International Bhd's share price has slumped to a low of 23.5 sen today, down 20.3 per cent after IJM Corporation Bhd announced that it was taking a 44.8 per cent stake in the company. (NST)

Kinergy Advancement Bhd's (KAB) wholly-owned subsidiary KAB Energy Holdings Sdn Bhd (KEH) has acquired Matahari Suria Sdn Bhd (MSSB) for RM5.3 million to expand its sustainable energy solutions portfolio further. (NST

Malaysian Genomics Resource Centre Bhd (MGRC) has completed its fundraising exercise and will embark on its expansion plans. (NST)

Innature Bhd has inked a memorandum of understanding (MOU) with Top Wisdom Investment Co Ltd to potentially enter the beauty and retail business in Taiwan via an acquisition of equity interest in Mayfair House Co Ltd. (TheStar)

Source: New Straits Times, The Edge Markets, The Star 25 July 2023

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