Automation solutions and engineering services provider 3REN Bhd opened 19.6% higher on the ACE Market following a successful initial public offering (IPO) that raised RM30.8mil. (TheStar)

Pharmaniaga Bhd has announced that its upcoming rights issue will proceed without the issuance of free detachable warrants, focusing solely on offering rights shares to shareholders. (NST)

IHH Healthcare Bhd via its subsidiary, Pantai Holdings Sdn Bhd, has issued its inaugural Sukuk, worth RM4 billion, under a newly established RM15 billion Sukuk Wakalah Programme. (NST)

Deleum Bhd's wholly-owned subsidiary Deleum Services Sdn Bhd has purchased an additional 16% stake in gas turbine supplier Turboservices Sdn Bhd from Solar Turbines International Company for RM7.34mil. (TheStar)

Fraser & Neave Holdings Bhd (KL:F&N) has flagged that its cash flow will be affected by the delayed start of milk production at its integrated dairy farm in Gemas, Negeri Sembilan, due to the sudden suspension of imports of dairy cows from the US due to concerns over an avian flu outbreak. (TheEdge)

T7 Global Bhd has secured an enabling agreement from ExxonMobil Exploration and Production Malaysia Inc for the provision of offshore maintenance, construction, modification and hook-up and commissioning services for Pan-Malaysia’s Package B2 – Guntong. (TheStar)

Media Prima Bhd is confident of maintaining its position as a leader in the ever-changing media landscape, backed by technological expertise, data driven insights, strong market intelligence and talented team. (NST)

RHB Research anticipates Gamuda Bhd's (KL:GAMUDA) inclusion in the FBM KLCI, while Genting Malaysia Bhd (KL:GENM) and Genting Bhd (KL:GENTING) risk exclusion, ahead of the semi-annual review of the index's component stocks on Dec 5. (TheEdge)

99 Speed Mart Retail Holdings Bhd could be a new entrant to the top 30-stock index, FBM KLCI,  if the stock price hits RM2.50 a share by November 25, 2025, according to RHB Investment Bank Bhd (RHB Research). (NST)

The Federal Court dismissed the appeal by a businesswoman, who was challenging the Court of Appeal decision which had overturned a High Court decision that she was entitled to RM200,000 damages from CTOS Data Systems Sdn Bhd (CDS), a subsidiary of CTOS Digital Bhd (KL:CTOS). (TheEdge)

Source: New Straits Times, The Edge Markets, The Star 6 November 2024

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