Topvision Eye Specialist Bhd has signed an underwriting agreement with Hong Leong Investment Bank Bhd for its upcoming public offering, in conjunction with its transfer of listing from the LEAP Market to the ACE Market of Bursa Malaysia. (TheStar)

Axis Real Estate Investment Trust (KL:AXREIT) has raised RM449.73 million through a private placement exercise, which will be used to support the REIT's strategy to pursue high-quality, yield-accretive acquisitions, and enhance its existing portfolio. (TheEdge)

Minox International Group Bhd proposes to undertake a bonus issue of 180 million warrants on the basis of one warrant for every two existing ordinary shares with a tenure of five years. (TheStar)

Duopharma Biotech Bhd (KL:DPHARMA) has secured five additional supply contracts from Pharmaniaga Bhd (KL:PHARMA), totalling RM87.66 million, to provide 10 pharmaceutical and non-pharmaceutical products to government offices and facilities that Pharmaniaga operates. (TheEdge)

Tenaga Nasional Bhd (TNB) will continue advancing its efforts into energy transition as it renews its commitment of working together with the government to achieve net-zero carbon emissions by 2050. (TheStar)

Bursa Malaysia Bhd's net profit rose 25.1 per cent to RM241.2 million for the nine-month period ended Sept 30, 2024 (9M24), thanks to an increase in its operating revenue. (NST)

Revenue Group Bhd’s indirect wholly-owned subsidiary, Next Revenue Sdn Bhd, is disposing of two parcels of land in Kepong, Kuala Lumpur, for RM27mil as part of its cost rationalisation strategy to improve management efficiency. (TheStar)

Kumpulan Kitacon Bhd secured a contract worth RM131.9mil to build 480 units of double-storey terrace houses in Puncak Alam, Selangor for a subsidiary of Tropicana Corp Bhd. (TheStar)

Clean energy specialist Solarvest Holdings Bhd (KL:SLVEST) said its 70%-owned subsidiary Setia Kawan Energy Sdn Bhd (SKESB) has been approved by Tenaga Nasional Bhd (TNB) (KL:TENAGA) to operate as a merchant generator to sell energy to the single buyer for a capacity of 29.99 megawatt (MW) to be located in Manjung, Perak. (TheEdge)

Main Market-bound Life Water Bhd could see a 16.9% rise above its initial public offering (IPO) price of 65 sen apiece, according to Public Investment Bank (PublicInvest). (TheEdge)

Unisem (M) Bhd expects a satisfactory performance for the fourth quarter of financial year 2024 (4Q24), despite the challenging macroeconomic and on-going geopolitical conflicts that pose risks to its supply chain and demand outlook. (TheStar)

Source: New Straits Times, The Edge Markets, The Star 30 October 2024

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