Velesto Energy Bhd's (Velesto) subsidiary Velesto Drilling Sdn Bhd has entered into a memorandum of understanding (MoU) with global technology company SLB to enhance rig capabilities. (NST)

Investors pushed Pertama Digital Bhd (PDB)'s share price to below RM1 today unconvinced by assurances by the company's management that all was well with the company. (NST)

MMAG Holdings Bhd has clarified that it is neither facing financial distress nor experiencing cash flow problems, despite being categorised as a Guidance Note 3 (GN3) affected listed issuer. (NST)

Technology company, Techna-X Bhd's share price was unchanged at midday, after it  announced the termination of plans to develop an 85-acre microalgae farm and produce algae biofuel for renewable energy technology projects. (NST)

Sungei Bagan Rubber Co (Malaya) Bhd has clarified that the transfer of agricultural land in Semenyih, Selangor, which was initially part of its acquisition deal with Kuchai Development Bhd, has been entirely excluded from the agreement signed on Dec 29, 2023. (TheStar)

Malaysia's largest banking group by assets, Malayan Banking Bhd (KL:MAYBANK), could face headwinds due to the Federal Reserve's rate cuts and currency fluctuations, which could impact its operations in Singapore. (TheEdge)

Bermaz Auto Bhd (KL:BAUTO) could potentially get a special dividend from its 30%-owned associate Mazda Malaysia Sdn Bhd, which could serve as a re-rating catalyst, CIMB Securities flagged on Friday. (TheEdge)

Tropicana Corp Bhd (KL:TROP) has topped off the RM932 million Edelweiss Serviced Residences, SOFO and Shoppes with a 100% take-up rate for the residential component and 60% for the retail units, according to a press statement on Thursday. (TheEdge)

Atlan Holdings Bhd's indirect subsidiary, Cergasjaya Sdn Bhd and Cergasjaya Properties Sdn Bhd (CPPA), have received a notice for the compulsory acquisition of their land in Bukit Kayu Hitam, Kedah, for a road construction project. (NST)

Gamuda Land Bhd, the property arm of Gamuda Bhd (KL:GAMUDA), has taken over the management and operations of Paya Indah Discovery Wetlands at Gamuda Cove, Kuala Langat. (TheEdge)

RHB Investment Bank Bhd (RHB Research) has trimmed YTL Power International Bhd's target share price and financial year 2025-2027 (FY25-FY27) earnings forecast due to the stronger ringgit. (NST)

Source: New Straits Times, The Edge Markets, The Star 4 October 2024

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