Oriental Kopi Holdings Bhd has filed a draft prospectus on June 13 for an initial public offering (IPO) on the ACE Market of Bursa Malaysia. (TheStar)

Genting Bhd (KL:GENTING) is still looking at opportunities to list in the US, with the intention of unlocking shareholder value. (TheEdge)

Independent oil and gas exploration company, Hibiscus Petroleum Bhd today announced that it has signed a conditional share sale agreement with TotalEnergies Holdings International B.V. to takeover TotalEnergies EP (Brunei) B.V for RM1.2 billion (US$259.4 million). (NST)

OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK) has partnered with Affin Bank Bhd (KL:AFFIN) in the bank’s new mortgage programme “Affinita”, aimed at providing women with financial solutions towards homeownership. （TheEdge)

Property developer Glomac Bhd’s net profit rose 8% to RM15.34 million for the fourth quarter ended April 30, 2024 (4QFY2024), from RM14.1 million a year ago, thanks to its recognition of RM17 million fair value gain on investment property. (TheEdge)

Shares in Sunview Group Bhd jumped to a nine-month high of 81 sen after bagging an agreement to develop two solar power plants and battery energy storage systems (BESS) in Uzbekistan. (NST)

Bursa Malaysia has issued an unusual market activity (UMA) to P.I.E. Industrial Bhd due to the sharp rise in the price and trading volume today. (TheStar)

Maybank Investment Bank (Maybank IB) maintained its "sell" rating for Malakoff Corp Bhd (KL:MALAKOF) at 82 sen, with an unchanged target price of 55 sen, saying the stock's year-to-date price rally is unjustified. (TheEdge)

TA Securities said that at an initial public offering (IPO) price of 24 sen a share, UUE Holdings Bhd is priced at a trailing price-earnings ratio of 10.2 times core earnings per share (EPS) for the financial year ended Feb 28, 2023 (FY2023). (TheEdge)

RHB Retail Research said Vestland Bhd (KL:VLB) is poised to extend its upside movement after breaking past the key resistance level on strong volume. (TheEdge)

RHB Retail Research said Cengild Medical Bhd (KL:CENGILD) is eyeing a bullish breakout after testing the immediate resistance level with strong volume. (TheEdge)

Source: New Straits Times, The Edge Markets The Star 14 June 2024 

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