MQ Market Updates

MQ Market Updates - 10 Jan 2025

MQ Trader
Publish date: Fri, 10 Jan 2025, 06:20 PM

Tenaga Nasional Bhd (TENAGA) is contesting a RM291.55 million tax assessment for 2018 from the Inland Revenue Board (IRB) concerning its subsidiary, TNB Western Energy Bhd (TNB WE).

Oriental Kopi Holdings Bhd (KOPI) has a fair value of 70 sen per share, indicating a 59% premium over its IPO price of 44 sen, supported by strong earnings growth.

Gamuda Bhd (GAMUDA) and Public Bank Bhd (PBBANK) have launched a financing package covering up to 120% for home loans and renovations.

Dialog Group Bhd (DIALOG) is receiving positive feedback for its US$235 million investment in the Baram Junior Cluster.

Sime Darby Property Bhd (SIME) has acquired two logistics warehouses for RM232 million.

Berjaya Group is looking for a new partner for a high-speed rail project after Malaysian Resources Corp Bhd (MRCB) exited the consortium.

Sime Darby Property Bhd (SIMEPROP) has fully acquired two logistics warehouses for RM232 million.

Gamuda Bhd (GAMUDA) shares could rise by 62% if its market value aligns with its order book size, according to CGS International.

Malaysia Airports Holdings Bhd (AIRPORT) is nearing a 90% acceptance threshold for delisting by the GATEWAY Development Alliance consortium.

Gamuda Land and Public Bank Bhd (PBBANK) have introduced a flexible 120% home financing package, enhancing accessibility for buyers.

LBS Bina Group Bhd (LBS) has launched Centrum Iris, a mixed development in Cameron Highlands with a projected value of RM472 million.

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.

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