Winstar Capital Bhd has received approval from Bursa Malaysia Securities Bhd (Bursa Malaysia) to list on the ACE Market by the fourth quarter of 2024. (NST)

Shares in OB Holdings Bhd climbed 4.17% as it opened for trading on the ACE Market of Bursa Malaysia, following an initial public offering (IPO) that raised RM28.8mil. (TheStar)

Kumpulan Kitacon Bhd’s wholly-owned subsidiary, Kitacon Sdn Bhd has secured a RM131.9mil construction contract from Tropicana Alam Sdn Bhd. (TheStar)

Frontken Corp Bhd (KL:FRONTKN) net profit surged 32% in its latest quarter ended September, as strong demand for its products drove revenue and utilisation higher at its Taiwan facility. (TheEdge)

Unisem (M) Bhd (KL:UNISEM) net profit grew 48% year-on-year (y-o-y) and 60% quarter-on-quarter (q-o-q) in the quarter ended Sept 30, 2024 (3QFY2024), which it attributed to higher sales volume and foreign exchange gains. (TheEdge)

Singapore-based steel firm Green Esteel Pte Ltd will emerge as Southern Steel Bhd's (KL:SSTEEL) new controlling shareholder after completion of its proposed issuance of 752.06 million new shares, which represents 50.1% of Southern Steel's enlarged issued capital, to Esteel for 42 sen apiece or a total of RM315.86 million. (TheEdge)

LPI Capital Bhd anticipates that the fourth quarter of the year will remain challenging, and the group will closely monitor both international and local developments that could impact its prospects. (TheStar)

Homeritz Corporation Bhd's fourth-quarter results for FY24 reveals ongoing cost pressures and a cautious outlook for FY25, according to Public Investment Bank Berhad (PublicInvest). (NST)

Alpha IVF Group Bhd is accelerating its growth across Southeast Asia with strategic expansions into key markets such as Indonesia, China and the Philippines, looking to position itself as a regional leader in fertility care. (NST)

Sunway REIT Management Sdn Bhd the Manager of Sunway Real Estate Investment Trust (REIT), has awarded its first contract worth RM255.0 million for the Sunway Pier redevelopment project at Port Klang, Selangor. (NST)

Source: New Straits Times, The Edge Markets, The Star 29 October 2024

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