MQ Market Updates - 11 March 2025
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MyNews Holdings Bhd (MYNEWS) aims to open 80-100 new outlets by FY25, with 80% under its brand, indicating strong growth potential as per RHB Research.
GuocoLand (Malaysia) Bhd (GUOCO) has submitted a RM500 million medium-term notes programme to the Securities Commission Malaysia, enhancing its financial strategy.
Kossan Rubber Industries Bhd (KOSSAN) anticipates its average selling price to stabilize at US$21-US$22 per 1,000 pieces, reflecting improved market balance.
ES Sunlogy Bhd (SUNLOGY) secured a RM34 million contract for a 29.99 MWac solar project, showcasing its commitment to renewable energy.
Globaltec Formation Bhd (GLOTEC) is divesting its stake in the Muara Enim 2 production sharing contract, indicating a strategic shift.
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