99 Speed Mart Retail Holdings Bhd made a stellar debut on the Main Market of Bursa Malaysia, opening at RM1.85 sen per share, a 20 sen bump above its initial public offering (IPO) price of RM1.65. (TheStar)

Tenaga Nasional Bhd or TNB (KL:TENAGA) has obtained an interim stay from the High Court over it having to pay RM1.39 billion in additional tax to the Inland Revenue Board (IRB). (TheEdge)

Eversendai Corp Bhd's group of companies has been awarded RM1.1bil worth of new contracts, bringing its current outstanding order book to RM6.7bil. (TheStar)

Investors with shares in property developer OCR Group Bhd have been adviced to contemplate participating in the company's renounceable rights issue of up to 1.34 billion new shares at an 3.5 sen each. (NST) 

Shares of Gamuda Bhd (KL:GAMUDA) fell as much as 4.32% in the morning session on Monday, on news of an embankment collapse at its construction site for the Sungai Rasau Water Supply Scheme (Stage 1) project at Taman Mas, Puchong. (TheEdge)

The High Court here has allowed Messrs Chellam Wong to set aside a restraining order obtained by public-listed Country Heights Holdings Bhd (KL:CHHB) for filing a winding-up petition against it (Country Heights) over RM425,060 in unpaid debt since September 2023, over legal services the law firm had provided in relation to the company’s corporate exercise. (TheEdge)

Binastra Corporation Bhd's unit, Binastra Builders Sdn Bhd, has secured a contract worth RM574.4 million from Exsim Jalil Link Sdn Bhd (EJL) for the development of a data centre in Bukit Jalil, Kuala Lumpur. (NST) 

Dialog Group Bhd is in discussion with a few potential off-takers for its Pengerang Deepwater Terminals phase 3 (PDT3) in Johor, according to Hong Leong Investment Bank Bhd (HLIB Research). (NST) 

MISC Bhd’s (KL:MISC) full takeover of the FPSO Kikeh, located offshore Sabah, as part of an equity swap exercise has marginal impact to earnings and valuations, analysts said. (TheEdge)

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

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