MQ Market Updates - 26 March 2025
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Cuckoo International (MAL) Bhd (CKI) has launched Malaysia's largest IPO in seven months, aiming to raise over RM470 million.
Solarvest Holdings Bhd (SLVEST) secured a RM103.08 million contract for a solar power plant in Penang, enhancing its project portfolio.
ITMAX System Bhd (ITMAX) won a RM30.24 million contract for smart surveillance systems from Pengerang Municipal Council.
Chemlite Innovation Bhd (CLITE) faced a weak debut, opening at 23 sen, down from its IPO price of 25 sen, but remains focused on long-term growth.
Public Investment Bank Bhd (PublicInvest) has ceased coverage on Astro Malaysia Holdings Bhd (ASTRO) due to low investor interest and resource reallocation.
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