MQ Market Updates - 12 February 2025
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Binastra Corp Bhd (BNASTRA), previously Comintel Corp Bhd, has secured a RM250.37 million contract for a six-storey data center in Cyberjaya, Selangor, for AIMS Group, owned by DigitalBridge Group Inc.
Steel Hawk Bhd (SKHAWK) has secured a manpower supply contract for operations at the Solid Product Warehouse for PETRONAS's subsidiary.
Genting Malaysia Bhd (GENM) and Inari Amertron Bhd (INARI) have been removed from the MSCI Malaysia Index in the latest review, impacting their market visibility.
Sime Darby Bhd (SIME) aims for an 11% return on equity over five years through better capital management and cost efficiencies, as noted by CIMB Securities.
IJM Corp Bhd (IJM) will invest RM460 million in a new logistics hub in Sungai Buloh to enhance Malaysia's supply chain and e-commerce capabilities.
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