Cape EMS Bhd today said it had to reallocate RM36 million of proceeds from its initial public offering (IPO) after a customer cut its forecast orders. (NST)

Pawnshop operator Pappajack Bhd will be transferred from the ACE Market to the Main Market of Bursa Malaysia at 9 a.m. on Nov 22, 2024 (TheStar)

Sapura Energy Bhd (KL:SAPNRG) has secured a contract to provide pan-Malaysia services from Petronas Carigali Sdn Bhd. (TheEdge)

Capital A Bhd’s indirect wholly-owned subsidiary, Asia Aviation Capital Limited (AACL), has entered into a lease renewal and amendment agreement with AirAsia X Bhd (AAX). (TheStar)

MyEG Services Bhd's net profit jumped 62.5 per cent to RM195.05 million in the third quarter ended Sep 30, 2024 (Q3 2024) versus RM120 million in the same period last year on the back of higher revenue.  (NST)

Perdana Petroleum Bhd's net profit surged 232 per cent to RM75.80 million in the third quarter ended Sept 30, 2024, from RM22.76 million in the same period a year earlier. (NST)

Pos Malaysia Bhd widened its net loss to RM49.89 million in the third quarter ended Sep 30, 2024 (Q3 2024) dragged by lower revenue in the logistics and postal segments. (NST)

Sports Toto Bhd, which reported a 31.3% decline in net profit for the first quarter ended Sept 30 (1Q25), remains cautiously optimistic that its business will remain stable. (TheStar)

Amway (Malaysia) Holdings Bhd (KL:AMWAY) is anticipating a decrease in its full-year revenue for 2024, as its third quarter net profit dropped 28.8% year-on-year due to lower sales volume and higher product costs. (TheEdge)

Consumer finance company RCE Capital Bhd’s (KL:RCECAP) net profit in the second quarter ended Sept 30, 2024 (2QFY2025) was down 27.25% to RM27.83 million, from RM38.25 million a year ago, as its revenue slipped 8.4% to RM80.41 million. (TheEdge)

Hextar Industries Bhd (KL:HEXIND) posted a 12.59% drop in net profit for the third quarter on impairment loss and higher administrative expenses. (TheEdge)

Packaging material maker Thong Guan Industries Bhd’s (KL:TGUAN) net profit shrank nearly one-third to RM15 million in the third quarter ended Sept 30, 2024 (3QFY2024), from RM21.9 million a year ago, dragged by lower contribution from its plastic packaging products' segment. (TheEdge)

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

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