MQ Market Updates - 03 March 2025
MQ Market Updates - 03 March 2025
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Eden Inc Bhd's (EDEN) subsidiary, Stratavest Sdn Bhd (STV), has signed a new power purchase agreement (PPA) with Sabah Electricity Sdn Bhd to extend the operations of the Libaran Power Plant.
Pantech Global Bhd (PGLOBAL) fell 32% in its first trade on Monday, after the pipe manufacturing company raised RM178 million from initial share sale on the Main Market of Bursa Malaysia.
Shares of Capital A Bhd (CAPITALA) fell on Monday to their lowest in five months after reporting an unexpected loss in 2024 that disappointed analysts.
Malaysian Resources Corporation Bhd's (MRCB) full-year core net profit came in below expectations, mainly dragged down by lower property development billings and the disposal of Menara CelcomDigi and Plaza Alam Sentral.
Analysts are mildly optimistic on the prospects of Axiata Group Bhd (AXIATA) following the release of its results for the financial year ended Dec 31, 2024, which saw the group returning to the black with a RM946.8mil net profit.
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