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MQ Market Updates - 18 February 2025

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2025-02-18 17:49:21
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MQ Market Updates - 18 February 2025

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TechStore Bhd (TECHSTORE) debuted on the ACE Market with a 27.5% rise above its IPO price of 20 sen, though it eased by mid-day. 

Maxis Bhd (MAXIS) reported a remarkable 473% increase in Q4 2024 net profit to RM321 million, attributed to reduced operating expenses and lower depreciation.

Hartalega Holdings Bhd (HARTA) saw a 12% drop in net profit to RM19.5 million in 3QFY25, marking a three-month low for its shares.

Tropicana Corp Bhd (TROP) achieved GBI Silver certification for its Dianthus serviced residences, while Eco World Development Group Bhd (ECOWLD) reported a fair land disposal to Microsoft, boosting its balance sheet.

Allegations regarding the Employees Provident Fund (EPF) losing from the sale of Malaysia Airports Holdings Bhd (AIRPORT) shares are dismissed by the Ministry of Finance (MoF).

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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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