MQ Market Updates

MQ Market Updates - 23 September 2024

MQ Trader
Publish date: Mon, 23 Sep 2024, 05:14 PM

Pharmaniaga Bhd today announced that Messrs. PricewaterhouseCoopers PLT (PwC) has resigned as its external auditor, following a written notice served to the group on Sept 20. (TheStar)

Sunzen Biotech Bhd plans to divest its land and factory in Kota Kemuning, Shah Alam, Selangor, with a market value estimated between RM16 million and RM18 million. (NST)

Affin Bank Bhd (KL:AFFIN) was one of the top five gainers on Bursa Malaysia in early trade on Monday, following reports that Bank Negara Malaysia has given its nod to the Sarawak government to acquire a majority stake in the banking group. (TheEdge)

Capital A Bhd will hold an extraordinary general meeting (EGM) on Oct 14, 2024 to seek shareholder approval for the proposed sale of its aviation business to AirAsia X Bhd (AAX). (TheStar)

Seng Fong Holdings Bhd (SFH) is well-positioned to capitalise on promising automotive opportunities in India and China, supported by its strong market presence in both regions. (NST)

Globetronics Technology Bhd has downplayed the impact of KPMG's resignation as its external auditor on its operations, saying the move is a normal part of the transition following the emergence of a new management in the semiconductor firm. (NST)

ITMAX System Bhd (KL:ITMAX) has been appointed by the Segamat Municipal Council (MPS) to operate 7,637 street parking in Johor's Segamat district, marking its fourth such contract in the state. (TheEdge)

Source: New Straits TimesThe Edge MarketsThe Star 23 September 2024

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