MQ Market Updates

MQ Market Updates - 31 July 2024

MQ Trader
Publish date: Wed, 31 Jul 2024, 05:32 PM

Censof Holdings Bhd via its wholly-owned subsidiary Century Software (M) Sdn Bhd has entered into a collaboration with Netherlands-based e-invoicing solutions provider Storecove to enhance its e-invoicing capabilities. (TheStar)

CIMB Securities said that Bursa Malaysia Bhd may likely increase its dividend payout in the second half of 2024 (2H24) if it does not identify suitable acquisitions during the period. (NST)

CelcomDigi Bhd today said it has submitted its proposal to deploy the country's second 5G network, either on its own or in partnership with others. (NST)

Avillion Bhd’s (KL:AVI) external auditor has flagged material uncertainty that would affect the hotel-and-travel company’s ability to continue as a going concern. (TheEdge)

Alliance Bank Malaysia Bhd expects loan growth to be between eight and 10 per cent this year on the back of a stronger economic environment for the first half of the year. (NST)



IJM Corp Bhd’s robust job pipeline will continue to support its earnings momentum going forward. (TheStar)

Malaysian Genomics Resource Centre Bhd via its wholly-owned subsidiary MGRC Therapeutics Sdn Bhd is collaborating with IMU University on its graduate trainee programme for healthcare professionals. (TheStar)

Prospects for Marine & General Bhd (M&G) are tied to average daily charter rates (DCR) rising further in a tight market, boosted by sustained capital expenditure by upstream oil companies seeking to find new reserves or monetise them. (TheStar)

One-stop food processing and packaging machinery solutions provider EPB Group Bhd is anticipated to register weaker earnings for financial year 2024 (FY24) amid downside risks. (TheStar)

Hartalega Holdings Bhd (KL:HARTA) is expected to deliver a sharp jump in core net profit for the first quarter thanks to higher product prices and volume, said RHB Investment Bank. (TheEdge)

Source: New Straits TimesThe Edge MarketsThe Star 31 July 2024

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