Ekuiti Nasional Bhd (Ekuinas) has decided to postpone the initial public offering (IPO) of its retail unit Al-Ikhsan Sports Sdn Bhd until next year. (NST)

Northeast Group Berhad, a precision engineering component manufacturer, has received the approval from Bursa Malaysia Securities to list on the ACE Market for expansion. (NST)

Avaland Bhd (KL:AVALAND) topped out Alira Subang Jaya, a serviced residence in Tropicana Metropark, Subang Jaya, which has achieved a 95% take-up rate, on Monday (July 29), according to a press statement on Tuesday. (TheEdge)

Mining and ferroalloy smelting group OM Holdings Ltd (KL:OMH), a dual-listed company on the Australian Securities Exchange and Bursa Malaysia, is expecting better earnings this year, amid higher prices and increased production volume. (TheEdge)

Analysts are generally mixed about Tasco Bhd’s latest first quarter of the financial year 2025 (1Q25) earnings given the challenging operational landscape within the industry. (TheStar)

Nova MSC Berhad has signed share subscription agreements (SSA) with two Singapore-based firms for its subsidiaries, Dex-Lab Pte Ltd and Eyris Pte Ltd, with a total consideration of RM81 million. (NST)

Pekat Group Bhd’s subsidiary, Pekat Teknologi Sdn Bhd (PTSB), plans to acquire a 60 per cent stake in Apex Power Industry Sdn Bhd through the purchase of 75,000 shares for RM96 million in cash. (TheStar)

The High Court here has on Thursday granted an interim stay application applied by Astro Malaysia Holdings Bhd (KL:ASTRO) against the Inland Revenue Board’s (IRB) imposition of RM734.88 million additional tax against the pay television company’s two subsidiaries for the years 2018 to 2023. (TheEdge)

Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd has declared distributions of over RM94mil for seven funds. (TheStar)

Shares in Avillion Bhd fell over 9% in early trade Thursday after its external highlighted potential going concern issues. (TheStar)

Hartalega Holdings Bhd (KL:HARTA) is expected to report a jump in earnings in the first quarter, driven by higher utilisation rate and increased sales orders, according to Phillip Capital. (TheEdge)

Shares of Engtex Group Bhd (KL:ENGTEX) climbed to its highest in over seven years, as CGS International flagged higher upside to the pipemaker stock price and earnings. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 1 August 2024

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