SPB Development Bhd has filed for an initial public offering (IPO) on the Main Market of Bursa Malaysia to expand or replenish its landbank  for future development projects. (NST)

Telecommunications firm Reach Ten Holdings Bhd filed for an initial public offering (IPO) on the Main Market to raise funds for expansion and build more towers. (TheEdge)

Cropmate Bhd has signed an underwriting agreement with Hong Leong Investment Bank Bhd (HLIB) for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia. (TheStar)

Fibromat Bhd, which provides geotechnical services and makes erosion-control products, has filed for an initial public offering (IPO) as part of its listing transfer to the Ace Market of Bursa Malaysia, from the Leap Market. (TheEdge)

Sorento Capital Bhd, a bathroom and kitchenware firm, could be worth 13.5% more than its initial public offering (IPO) price, driven by strong revenue and profit growth, said TA securities. (TheEdge)

Nestlé Malaysia Berhad's annual Beach & Underwater Clean-Up brought together more than 300 Nestlé Cares volunteers who rallied to remove waste from Malaysia's coastlines. (NST)

NCT Alliance Bhd organised a fun-filled badminton day for children from the non-profit charity, House of Joy. (NST)

Capital A Bhd has received shareholders' approval on proposed disposal of the company's aviation business to AirAsia X (AAX) at its extraordinary general meeting (EGM). (NST)

Sunway Group has grown from humble beginnings into one of Malaysia's top conglomerates, with a combined market capitalisation of more than RM35 billion. (NST)

S P Setia Bhd (Setia or the Group) continues to trailblaze in its sustainability efforts and framework, whilst adapting and amalgamating the initiatives, and extending its frontier in industrial estate. (TheEdge)

Genting Malaysia Bhd’s (GENM) US incorporated subsidiary is being sued RM2.6bil (US$600mil) for alleged fraud by its joint venture (JV) partner. (TheStar)

CIMB Group Holdings Bhd is well-positioned for growth, driven by an increase in loan growth, competitive deposit pricing, and effective cost management, according to RHB Investment Bank Bhd (RHB Research). (NST)

Hiap Teck Venture Bhd (KL:HIAPTEK) is expected to face continued earnings challenges in the near term due to weak steel prices and high steel input costs, said Hong Leong Investment Bank (HLIB). (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 14 October 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