Shares of Globetronics Technology Bhd (KL:GTRONIC) fell on Monday to their lowest in 15 months after the semiconductor assembly and test company’s latest results failed to meet analysts’ expectations. (TheEdge)

Shares in D&O Green Technologies Bhd’s (KL:D&O) slipped on Monday to their lowest in nearly three weeks after the semiconductor company reported weaker-than-expected first-half results. (TheEdge)

Malaysia Marine & Heavy Engineering Holdings Bhd (MMHE) is bidding for RM7bil to RM8bil of contracts with about one-third of those bids being for overseas jobs. (TheStar)

Bank Islam Malaysia Bhd (KL:BIMB), Malaysia's largest full-fledged Islamic bank, announced on Monday that it made a net profit of RM137.17 million for its second quarter ended June 30, 2024, little changed from the RM136.14 million it made in the same quarter last year. (TheEdge)

Plytec Holding Bhd said a strong showing in the first half of 2024 has put it in good stead for the remainder of the year. (TheStar)

Energy solutions provider, T7 Global Bhd's subsidiary, T7 Kemuncak Sdn Bhd has secured a letter of award worth RM74.6 million from Ministry of Defence Malaysia (Mindef). (NST)

Globaltec Formation Bhd (KL:GLOTEC) said its Australian-listed unit NuEnergy Gas Ltd is making a cash call to raise gross proceeds up to A$8.17 million (RM24.05 million) to fund its early gas sales initiative in Indonesia. (TheEdge)

Following a strong second quarter, several analysts have raised their financial forecast for Bumi Armada Bhd. (TheStar)

Allianz Malaysia Bhd (KL:ALLIANZ) is expected to continue registering strong topline growth and maintain its market share for the rest of 2024, according to analysts. (TheEdge)

MISC Bhd's outlook remains bright due to its steady operating cash flow, on top of the anticipation of a bump-up in numbers due to Mero 3 from the second half (2H) of 2024, said RHB Research. (NST)

Hong Leong Investment Bank Bhd believes that Sports Toto Bhd's number forecast operator (NFO) segment revenue will continue to recover to pre-pandemic levels, going into the financial year 2025 (FY25). (NST)

Source: New Straits Times, The Edge Markets, The Star 26 August 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