MQ Market Updates - 03 April 2025
MQ Market Updates - 03 April 2025
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Cloudaron Group Bhd (CLOUD) is selling its entire 1.3 million share stake in Clouddesk Technology Pte Ltd to Chen Huanhuan for RM4 million.
Velesto Energy Bhd (VELESTO) is positioned to leverage regional job opportunities and a significant long-term contract for its Naga 5 rig, according to Maybank Investment Bank Bhd.
Four Bursa Malaysia showed negative momentum at noon Thursday: Pappajack Bhd (PPJACK) (+1.5 sen,RM1), MHC Plantations Bhd (MHC) (-1 sen,RM1.08), Tomei Consolidated Bhd (TOMEI) (+2 sen, RM1.78), and Magma Group Bhd (MAGMA) (unchanged, 25 sen).
MSB Global Group Bhd (MSB) is expected to benefit from growth in wholesale and retail automotive parts sales and increased demand for lubricants.
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