Autoris Group Holdings Bhd, which specialises in loss adjusting services for both motor and non-motor segments, saw its shares rise during its debut on the Bursa Malaysia’s LEAP Market today. (TheStar)
Hartalega Holdings Bhd is expected to benefit from the recently announced upward United States (US) tariff revision on Chinese glove makers moving forward. (TheStar)
Guan Chong Bhd's purchase of a 25 per cent stake in Transcao Coté d'Ivoire (CI) could provide the company with swift access to increased capacity at minimal capital expenditure, aiding in securing a stable bean supply to tap into the current market. (NST)
Practice Note 17 (PN17) construction company Ireka Corporation Bhd saw its share price soar by up to 77 per cent during morning trade yesterday after announcing it had secured a RM1.07 billion subcontract for the Pan Borneo Highway project in Sabah. (NST)
Public Bank Bhd (KL:PBBANK), the third-largest bank in Malaysia by assets, is acquiring a 44.15% stake in insurer LPI Capital Bhd (KL:LPI) for RM1.72 billion from the family of the late Tan Sri Teh Hong Piow. (TheEdge)
Berjaya Food Bhd's (BFood) unit, Berjaya Food International (BFI), has inked a master franchise agreement with Paris Baguette Southeast Asia to operate Paris Baguette stores in Brunei and Thailand. (NST)
Top Glove Corporation Bhd (KL:TOPGLOV) said on Thursday that its net losses narrowed sharply as sales surged, and the world’s largest glovemaker by capacity also booked gains from land sale. (TheEdge)
Norway's sovereign wealth fund has ended observation of Supermax Corp Bhd (KL:SUPERMX), two years after placing the glovemaker under watch over allegations that the company contributed to human rights violations. (TheEdge)
MIDF Research said Westports Holdings Bhd (KL:WPRTS) is expected to record a low-single digit increase in container volume for the fiscal year 2024 (FY2024), resulting from the Red Sea crisis. (TheEdge)
Press Metal Aluminium Holdings Bhd is expected to record double-digit earnings growth in the financial year 2025 (FY25), said Hong Leong Investment Bank Bhd. (NST)
The red hot office market in Singapore raises the value of IOI Properties Group Bhd's IOI Central Boulevard (IOICB) office building in Singapore to about RM21 billion (S$6.45 billion) at current valuations, Hong Leong Investment Bank Research said. (NST)
Source: New Straits Times, The Edge Markets, The Star 10 October 2024
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