Main-market-bound Mega Fortris Berhad plans to raise RM99.07 million through its initial public offering (IPO) by issuing 147.87 million new shares at 67 sen per share. (NST)

PUC Bhd's subsidiary Presto Technology Sdn Bhd has been awarded a RM10.0 million contract by the Green Growth Asia Foundation, a non-profit organisation promoting sustainable practices to combat the climate crisis. (NST)

Shares in Heitech Padu Bhd were down nearly 7% at its lowest on Monday as trading resumed following the announcement it had won the bid for the immigration department's RM892.2mil National Integrated Immigration System (NIISe) project. (TheStar)

CIMB Thai Bank PCL, an indirectly held subsidiary of CIMB Group Holdings Bhd, recorded a net profit of THB1.89bil (RM244.36mil) in the nine months period ended Sept 30, 2024, an increase of 8.9% year-on-year (y-o-y) from the same period a year ago. (TheStar)

Glomac Bhd has described Budget 2025 as considerate, as it focuses heavily on helping young people and first-time homebuyers own their own homes. (NST)

THE banking sector got a jolt recently when the family of the late Tan Sri Teh Hong Piow announced a plan to pare down their 21.6% stake in Public Bank Bhd to comply with the Financial Services Act (FSA) 2013. (TheStar)

Analysts are positive on light emitting diode (LED) maker D&O Green Technologies Bhd’s outlook in 2025 due to, among others, stronger customer demand, robust product portfolio and a higher plant utilisation rate. (TheStar)

AmInvestment Bank Research has cut its earnings estimate on Infomina Bhd by 24% for the financial year 2025 (FY25), FY26 and FY27 due to concerns about the slower than anticipated progress in securing new projects. (TheStar)

CYBERSECURITY expert LGMS Bhd, which listed on the ACE Market in June 2022, has enjoyed a steady rise in its share price. (TheStar)

Mah Sing Group Bhd is set to dramatically raise the bar on luxury living with its latest residential development, M Tiara, in Skudai, Johor. (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 21 October 2024

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