Kuala Lumpur Kepong Bhd's (KLK) merger and acquisition plans are still in the air, despite its failed RM1.15 billion bid to take over Boustead Plantations Bhd (BPlant). (NST)

Top Glove Corp Bhd has maintained a positive industry outlook as gloves are an essential, single-use item in the healthcare, industrial and F&B sectors with no viable replacement, a strong indication of continual demand growth for gloves. (TheStar)

ACE Market-bound Minox International Group Bhd said the 18 million new shares involved in the public portion of its initial public offering (IPO) have been oversubscribed by 143.76 times. (TheEdge)

Property developer Tropicana Corp Bhd has redeemed the second tranche of its sukuk wakalah programme worth RM179 million due on Friday. (TheEdge)

Opensys (M) Bhd’s subsidiary OpenSys Technologies Sdn Bhd has signed a services agreement with Asia Carbonx Change Plt (ACCP) to allow for the registration and verification of small-scale renewable energy (RE) solar devices, specifically those below 1 megawatt (MW), on the IREC registry. (TheStar)

Hong Leong Investment Bank (HLIB Research) raised its financial year 2024 (FY24) and FY25 earnings forecasts for Sunway Construction Group Bhd (SunCon) by 2.9 per cent following the company's double contract wins that carried an effective value of RM488 million. (NST)

LTKM Bhd fell over 12% in early trade on Friday after the group terminated its reverse takeover deal and divestment of its egg business. (TheStar)

Telekom Malaysia’s (TM’s) free speed upgrade for its existing Unifi fibre broadband subscribers has effectively safeguarded the telco’s average revenue per user (ARPU) for FY2023, according to CGS-CIMB research. (TheEdge)

Source: New Straits Times, The Edge Markets 06 October 2023

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