MQ Market Updates

MQ Market Updates - 8 Jan 2025

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Publish date: Wed, 08 Jan 2025, 04:37 PM

Pantech Global Bhd has signed an underwriting agreement with Alliance Islamic Bank for its IPO on Bursa Malaysia.

Swift Energy Technology Bhd (SET) debuted strongly, rising 39% on its first trading day on the ACE Market, attracting analyst attention for its earnings potential after raising RM84.07 million in its IPO.

Lim Seong Hai Capital Bhd (LSH) and Fibromat (M) Bhd (FBBHD) have received approval to move their listings to the ACE Market from the LEAP Market.

Nestcon Bhd (NESTCON)'s subsidiary secured a RM25 million contract for earthworks and erosion control from Senai Airport City Sdn Bhd, part of MMC Corp Bhd.

Malaysia Airports Holdings Bhd (AIRPORT) shares hit RM10.76 after KWAP accepted a RM11 per share offer from Gateway Development Alliance Sdn Bhd.

HSS Engineers Bhd (HSSEB) is expanding into renewable energy with a 95 MWAC solar plant in Perak.

Reservoir Link Energy Bhd (RL) announced its associate secured a RM20 million subcontract for a 10 MW solar farm in Kuala Langat.

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