Northeast Group Bhd jumped as high as 9.0 per cent from its initial public offering (IPO) price of 50 sen on its debut on the ACE Market of Bursa Malaysia. (NST)

Shares of Critical Holdings Bhd (KL:CHB) rose to their highest in nearly four months on Tuesday, after the engineering company secured a RM63 million mechanical-and-electrical services contract. (TheEdge)

Titijaya Land Bhd (KL:TITIJYA) hopes that the government would not impose a property-related inheritance tax, and instead reintroduce the Home Ownership Campaign (HOC) in Budget 2025, which is slated to be announced on Friday. (TheEdge)

The recent depreciation of the US dollar against the ringgit is anticipated to continue presenting challenges for Top Glove Corporation Bhd, even with the company's price increase of US$1 to US$2 per 1,000 pieces for orders starting next month. (NST)

Maxis Bhd has signed a memorandum of understanding (MoU) with the Malaysia Retail Chain Association (MRCA), which represents 562 Malaysian retailers, to encourage the adoption of 5G technology solutions to strengthen the domestic retail sector. (TheStar)

Focus Point Holdings Bhd is expected to record compound annual growth rate (CAGR) of 16 per cent in its earnings for financial year 2023 (FY23) until FY26. (NST)

MR DIY Group (M) Bhd billionaire founder-linked Bee Family Ltd offloaded 71.7 million shares via a direct business deal yesterday. (NST)

UUE Holdings Bhd saw its net profit increasing by 21.2% quarter-on-quarter (QoQ) to RM6.7mil for its second quarter of the financial year ending Feb 28, 2025. (TheStar)

Capital A Bhd (KL:CAPITALA) said on Tuesday it is confident that the company holding low-cost carrier AirAsia will be able to exit its Practice Note 17 (PN17) status by the end of 2024, earlier than previously expected. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 15 October 2024

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