Shares of glove manufacturers surged on Tuesday, led by Hartalega Holdings Bhd (KL:HARTA) and Top Glove Corp Bhd (KL:TOPGLOV), after the US Trade Representative (USTR) announced that tariffs on Chinese gloves will be raised to 50% in 2025 and 100% in 2026. (TheEdge)

Bursa Malaysia Securities Bhd has suspended the intraday short-selling (IDSS) for APB Resources Bhd due to a significant decline in its share prices, falling more than 15%. (TheStar)

Gamuda Bhd is likely to be included in the next FBM Kuala Lumpur Composite Index (KLCI) review in December, with 99 Speed Mart Holdings Bhd possibly in the reserve list and Genting Malaysia Bhd removed. (NST) 

Pipes and fittings maker Resintech Bhd (KL:RESINTC) on Tuesday said it is forming a joint venture (JV) with a unit of a Sarawak state agency to jointly trade industrial plastic products in the state. (TheEdge)

Shares of HeiTech Padu Bhd (KL:HTPADU) rose to their highest in nearly two months after the information technology company announced a RM133.73 million contract. (TheEdge)

Kerjaya Prospek Group Bhd's recent contract win from a unit of UEM Sunrise Bhd brings its year-to-date (YTD) contract wins to Kenanga Investment Bank Bhd (Kenanga Research) RM1.6 billion target for financial year 2024. (NST)

IOI Properties Group Bhd's acquisition of Tropicana Gardens Mall is likely to be one in many mergers and acquisitions (M&A) property experts expect in the shopping mall space as large mall operators look to build their net lettable area (NLA) through organic and inorganic means. (NST) 

Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Bhd commenced continuous trading of renewable energy certificates (RECs) on Sept 9. (NST) 

All eyes are on the delivery of YTL Power International Bhd's artificial intelligence (AI) data centre in Johor, after its recently concluded second quarter earnings. (NST) 

Pantech Global Bhd plans to expand its business by building two more factories and establishing a warehouse in Johor. (NST) 

Source: New Straits Times, The Edge Markets, The Star 17 September 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