MQ Market Updates

MQ Market Updates - 6 September 2024

MQ Trader
Publish date: Fri, 06 Sep 2024, 05:17 PM

Systech Bhd's subsidiary SysAIU Sdn Bhd has inked a collaboration agreement with Pinetop Technology Venture Sdn Bhd to develop and operate AI-driven data centres. (NST) 

Hartalega Holdings Bhd (KL:HARTA) said it is seeing demand recovery amid restocking activities while full capacity at Chinese factories have pushed some of the orders to Malaysia. (TheEdge)

Binastra Corp Bhd (formerly known as Comintel Corp Bhd) has received a RM283.3mil contract for the main building works of a major residential development in Taman Desa, Kuala Lumpur from Kaisar Maxim Sdn Bhd. (TheStar)

IJM Land Bhd officially launched Phase 2 of Ridge View @ Puchong on Friday. This phase was soft-launched on June 29 and has been 70% taken up since then. (TheEdge)

Steel Hawk Bhd, an oil and gas (O&G) support service provider, saw its share price peak at 37 sen in a single day following its transfer from the LEAP Market to the ACE Market of Bursa Securities. (NST) 

Nestle Malaysia’s factory in Batu Tiga, which has been a cornerstone of the company’s operation since 1971 in producing Maggi products, has set a policy of prioritising Malaysians for its workforce. (TheStar)

Gamuda Bhd (KL:GAMUDA) said on Friday that its joint venture (JV) to build the Ulu Padas hydroelectric project has been approved by the Sabah energy regulator. (TheEdge)

Source: New Straits TimesThe Edge MarketsThe Star 6 September 2024

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