RichTech Digital Bhd, which distributes electronic reloads and provides bill payment services, filed for an initial public offering (IPO) on ACE Market to raise funds for marketing activities and acquire a new office. (TheEdge) 

Tex Cycle Technology (M) Bhd's subsidiary, Tex Cycle (P2) Sdn Bhd today agreed to collaborate with Econas Resource to Energy Sdn BHd (ER2E) to grow its scheduled waste management business. (NST)

Johor Plantations Group Bhd (JPG) began trading at 84 sen per share on its first day on the Main Market of Bursa Malaysia, with a total of 57.19 million shares changing hands. (NST)

Greatech Technology Bhd's proposal of a one-for-one bonus issue involving the issuance of 1.25 billion new bonus shares is timely given the positive outlook on the technology sector. (NST)

CIMB Bank Bhd has been named the Best Retail Bank in Malaysia at the Alpha Southeast Asia’s 18th Best Financial Institutions Awards 2024. (TheStar)

Affin Bank Bhd's share price one of the top gainers in the stock market after Sarawak Premier Tan Sri Abang Johari Abang Openg said the state's takeover of a commercial bank will be sealed on July 19. (NST)

The Malaysian hospital sector is poised for sustained growth in the second half of this year and beyond, with IHH Healthcare Bhd slated as a major beneficiary. (NST)

IJM Land Bhd has signed a memorandum of understanding with Progressture Power Sdn Bhd (Progressture Solar) to jointly explore business opportunities in maximising deployment for a total capacity of 40 megawatt peak (MWp) of solar energy in IJM Land’s future developments. (TheStar)

Senai Airport City Sdn Bhd, a wholly owned subsidiary of MMC Corporation Bhd (MMC), attracted RM7.5 billion in investments via 150 investors. (TheStar)

Kenanga Research has maintained its 'outperform' call on OCK Group Bhd following the company's new digital business which offers end-to-end services, including connectivity solutions. (NST)

Analysts are upbeat about Tenaga Nasional Bhd’s (TNB)(KL:TENAGA) renewable energy (RE) venture in the United Kingdom (UK), with RHB Investment Bank (RHB IB) maintaining a “buy” rating, and Kenanga, a “market perform” call on the counter. (TheEdge) 

Source: New Straits Times, The Edge Markets The Star 9 July 2024

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