MQ Market Updates

MQ Market Updates - 06 November 2023

MQ Trader
Publish date: Mon, 06 Nov 2023, 05:26 PM

Tenaga Nasional Bhd (TNB) has inked a memorandum of understanding (MoU) with Petroliam Nasional Bhd (Petronas) to explore carbon Clcapture and storage (CCS) technology for gas-fired power plants. (NST)

Bursa Malaysia sustained its positive momentum during the opening session, following the strong gains in the U.S. market last Friday. (NST)

AmBank Group is committed in its sustainability agenda by integrating Environmental, Social and Governance (ESG) into every aspect of the business (TheEdge)

Sime Darby Property Bhd’s Hype Residences Phase 1 in its SJ7 mixed-use development in Subang Jaya was fully taken up within an hour of its official launch on Oct 28, according to a press statement on Monday. (TheEdge)

Malaysia's largest legal gaming company, Sports Toto Bhd, which has a slightly above average environment, social and governance (ESG) score, could take it up a notch by focusing on the governance component and also improving its dividend payout ratio. (NST)

Dutch Lady Milk Industries Bhd (DLMI) is set to grow and strengthen after 60 years in business with the impending relocation of its dairy milk manufacturing plant to Bandar Enstek in Negri Sembilan. (NST)

MSM Malaysia Holdings Bhd's share price, which opened flat, hit a high of RM1.28 a share in morning trade, following news that its chief financial officer has been put on garden leave "to facilitate an ongoing internal investigation". (NST)

Glomac Bhd has launched the first phase of its Loop City 3-in-1 integrated project with a total estimated gross development value (GDV) of RM1.6 billion in Puchong. (NST)

Kinergy Advancement Bhd (KAB) has been awarded a contract by Petronas Gas Bhd's subsidiary, Pengerang LNG (Two) Sdn Bhd, for the transformation of 137,000m sqm of liquefied natural gas carriers (LNGC) into a floating storage units (FSU). (TheStar)

Sedania Innovator Bhd has proposed to acquire a 51% stake in premium personal care products and food supplements producer Tanamera Group Sdn Bhd (TGSB) for RM8.18 million, cash. (TheEdge)

AS A BUILDER of both homes and communities, S P Setia Bhd is cognisant of the immense influence it wields over society and the environment. (TheEdge)



Source: New Straits TimesThe Edge Markets The Star 06 November 2023

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