TechStore Bhd, an enterprise IT services firm, has filed for an initial public offering (IPO) on the ACE Market to raise funds for expansion, including adding staff and buying new hardware and software. (TheEdge) 

Shares of Keyfield International Bhd (KL:KEYFIELD) made another new high since the oil-and-gas (O&G) service company’s debut on the Main Market in April, following new contract wins. (TheEdge) 

Malayan Banking Bhd (KL:MAYBANK) plans to double assets in Vietnam to US$2 billion (RM9.42 billion) by 2027 and become the country’s top foreign bank for syndicated loans, to capitalise on a booming economy. (TheEdge) 

South Malaysia Industries Bhd (SMI) has gone to court to compel Kenanga Investment Bhd to provide further details of selling shareholders which led to the entry of a new substantial shareholder, Leong Seng Wui-controlled Target 1 Sdn Bhd. (NST)

Investors continued to dump their  Toyo Ventures Holdings Bhd's shares, making the stock price fall almost 18 per cent  during trade after it confirmed the termination of its Song Hau 2 power plant project by the Vietnamese government. (NST)

Southern Cable Group Bhd has secured a RM99.6 million contract extension from Tenaga Nasional Bhd (TNB) to supply underground cables and conductors of various sizes. (NST)

Phillip Research Sdn Bhd is positive on OCK Group Bhd's regional tower expansion plan, driven by the ongoing rollout of 5G both domestically and internationally. (NST)

Former employees of Mudajaya Group Bhd, have lodged a notice of appeal against a High Court's ruling in the civil lawsuit filed against them by Mudajaya. (NST)

PLS Plantations Bhd in a filing with Bursa Malaysia Securities Bhd yesterday said its controlling shareholder, Ekovest Bhd, transferred 167,731 shares it owns in the company to its adviser as payment. (NST)

Mah Sing Group Bhd’s proposed acquisition of a 6.2-acre land in Taman Desa, off Jalan Klang Lama in Kuala Lumpur, has been well received by analysts. (TheStar)

Malaysia Airport Holdings Bhd (MAHB) needs a financially robust and experienced partner to transform the country's airports, according to National Council of Professors fellow Azmi Hassan. (TheStar)

Shares of Salutica Bhd (KL:SALUTE) fell to their lowest in nearly nine months, and the sharp decline prompted the suspension of intraday short-selling of the electronics manufacturing services firm’s stock. (TheEdge) 

SNS Network Technology Bhd has signed a partnership agreement with Healthcare Information Management Systems Society (HIMSS) to become the latter’s first HIMSS digital health technology partner in Malaysia. (TheStar)

Source: New Straits Times, The Edge Markets The Star 5 July 2024

Need a Trading Account?

Open a trading account now for FREE with our selected advertiser to enjoy Free Subscription to MQ Trader!

Contact Us

Please do not hesitate to contact us if you have any inquiries:

Facebook: https://www.facebook.com/mqtrader 
Instagram: https://www.instagram.com/mqtrader 
MQ Chat: https://messenger.i3investor.com/m/chatmq 
YouTube: https://www.youtube.com/channel/UCq-26SGjlQTVQfO7DoEihlg 
Email: admin@mqtrader.com