MQ Market Updates - 12 March 2025
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Sapura Energy Bhd (SAPNRG) secured a conditional funding agreement with Malaysia Development Holding Sdn Bhd, raising RM1.1 billion through redeemable convertible loan stocks.
Mercury Securities has set a fair value of 36 sen per share for Chemlite Innovation Bhd (CLITE), indicating a 44% premium over its IPO price of 25 sen.
Silver Ridge Holdings Bhd (SRIDGE) faced a UMA query from Bursa Malaysia due to a significant drop in its share price.
SkyeChip Sdn Bhd is planning an IPO in Malaysia, capitalizing on the country's initiative to develop its semiconductor industry.
Scientex Bhd (SCIENTX) reported a 12.1% decline in net profit for Q2 2025 and announced a leadership change as Lim Peng Cheong takes over as non-executive chairman.
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