ACE Market-bound KHPT Holdings Bhd (KL:KHB) announced that the 20.12 million shares made available to the Malaysian public in its initial public offering (IPO) have been oversubscribed by 124.13 times. (TheEdge)

OB Holdings Bhd (OB Holdings) aims to raise RM28.8 million from its initial public offering (IPO), pursuant to its listing on the ACE Market of Bursa Malaysia on Oct 29. (TheStar)

Metro Healthcare Bhd has entered into an underwriting agreement with MIDF Amanah Investment Bank Bhd to underwrite 34.26 million shares in conjunction with Metro's listing transfer to the ACE Market of Bursa Malaysia. (TheStar)

Lambo Group Bhd, the operator of e-commerce platform LamboPlace, fell 80 per cent after the company said trading in its shares will be suspended from Oct 4, with possible delisting on Oct 8. (NST)

Powerwell Holdings Bhd (KL:PWRWELL) has secured a RM13.25 million contract to supply low-voltage switchboards for data centre projects in Indonesia. (TheEdge)

Sapura Energy Bhd, which slipped into losses in its latest quarter due to the stronger ringgit, cautioned shareholders that “foreign-exchange (forex) volatility” may continue in upcoming quarters. (TheStar)

Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion. (NST)

Shares of AEON Credit Service (M) Bhd (KL:AEONCR) fell on Friday to their lowest in nearly three weeks, after the consumer financing firm reported a weaker-than-expected quarter. (TheEdge)

Citaglobal Bhd, whih recently set up a waste management division has signed a binding agreement with German waste-to-energy (WTE) technology and engineering company, LAWI Engineering GmbH (LAWI Germany), to grow its business and eventually list the business on the stock exchange. (NST)

Hiap Teck Venture Bhd has cautioned against a challenging global steel market, particularly in China due to weak domestic demand that is driving increased exports. (TheStar)

Source: New Straits Times, The Edge Markets, The Star 27 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