MQ Market Updates - 24 April 2025
MQ Market Updates - 24 April 2025
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Iconic Worldwide Bhd (ICONIC) has won a RM10.1 million counterclaim after the Penang High Court dismissed a RM15 million claim from Latex Form Sdn Bhd.
Luxchem Corp Bhd (LUXCHEM) reported an 8.6% drop in net profit for 1QFY2025 to RM10.57 million, impacted by a 9.7% rise in operating costs to RM13.77 million.
IJM Corporation Bhd (IJM) has acquired a 50% stake in the struggling UK construction firm JRL Group for £50 million (approximately RM283 million).
LYC Healthcare Bhd (LYC) faces a winding-up petition from SOG Mummy & Baby Centre Pte Ltd for failing to pay RM600,000 related to a restructured settlement.
Steel Hawk Bhd (HAWK) secured a three-year contract with Petronas Carigali Sdn Bhd for structural repairs and maintenance in Peninsular Malaysia and Sarawak.
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