Fraser & Neave Holdings Bhd (F&N) net profit rose to RM536.90 million for the financial year ended Sept 30, 2023 (FY2023) from RM383.21 million last year, bolstered by festive sales and out-of-home consumption, as well as contributions from snack and candy maker Cocoaland Holdings Bhd. (NST)

Hartalega Holdings Bhd is expected to secure higher orders and sales volume in the second half of financial year 2024 (2HFY24), as customer replenish low inventory levels. (NST)

Tenaga Nasional Berhad (TNB) and Chargeplus Sdn Bhd (Charge+) will explore a ground-breaking cross-border roaming platform that will effortlessly connect their customers to electric vehicle (EV) charging points in Malaysia and Singapore. (NST)

Malayan Banking Bhd (Maybank) has expanded its cross-border QR Pay service to China, one of the first in the market for a Malaysian bank. (TheStar)

As Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) navigates a challenging operating environment, tighter global oil supply and higher prices amid growing global demand could bolster capex spending beyond pre-pandemic level. (TheStar)

Panda Eco System Bhd is pricing its shares at 16 sen apiece, seeking to raise some RM17.5 million through an initial public offering (IPO) on Bursa Malaysia’s ACE Market by end of this month. (TheEdge)

Cable and wire manufacturer Master Tec Group Bhd has obtained Bursa Malaysia's approval to launch an initial public offering (IPO) on the ACE Market, and targets to list by the first quarter of 2024. (TheEdge)

Source: New Straits Times, The Edge Markets The Star 08 November 2023

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