MQ Market Updates

MQ Market Updates - 4 November 2024

MQ Trader
Publish date: Mon, 04 Nov 2024, 05:07 PM

TA Global Bhd has announced a 60% take-up rate for the first tower (Tower A) of its Amaya Residences serviced apartment in the Damansara Avenue mixed-use development in Bandar Sri Damansara, Selangor. (TheEdge)

OSK Property Holdings Bhd, the property arm of OSK Holdings Bhd (KL:OSK), has launched a serviced apartment project named Nara under its 27.77-acre (11.24-hectare) Shorea Park master plan in Puchong, according to a press statement on Saturday. (TheEdge)

TFP Solutions Bhd, through subsidiary OneCent Sdn Bhd, recently finalised a strategic partnership with VSure Tech Sdn Bhd to integrate innovative fintech services with digital insurance solutions. (NST)

Logistics solutions provider Tasco Bhd’s warehousing business and seasonal factors together with elevated freight forwarding rates are expected to be supportive of the company’s financial performance in the second half of the financial year ending March 31, 2025 (2H25). (TheStar)

The award of the second 5G network to U Mobile Sdn Bhd, is a surprise to the market, given bids by two of the largest mobile network operators (MNO) in the country, Maxis Bhd and CelcomDigi Bhd (CDB). (NST)

Cape EMS Bhd was the most actively traded stock after a financial weekly reported a possible purchase of its stake by Ekuiti Nasional Bhd (Ekuinas). (NST)

The shares of DS Sigma Holdings Bhd will be transferred to the Main Market of Bursa Malaysia at 9am on Wednesday, Nov 6, 2024. (TheStar)

Fresh from securing its latest contract from Philippine Geothermal Production Company (PGPC), Uzma Bhd’s prospect for more contract wins going into next year remains bright. (TheStar)

Gamuda Bhd is in a favourable position to be included into the FTSE Bursa Malaysia KLCI (FBM KLCI) Index in the upcoming semi-annual review of the benchmark index in December, said CIMB Securities Sdn Bhd. (NST)

Source: New Straits TimesThe Edge MarketsThe Star 4 November 2024

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