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MQ Market Updates - 07 May 2025

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2025-05-07 17:37:46
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MQ Market Updates - 07 May 2025

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Frontken Corporation Bhd (FRONTKN) is projected to recover in upcoming quarters despite a weak first quarter, aided by a rebound in the oil and gas sector and favorable foreign exchange effects from a stronger Taiwan dollar.

I-Bhd (IBHD) reported a net profit that more than doubled in Q1 FY2025, driven by increased contributions from its property development and investment segments.

SD Guthrie Bhd (SDG), the largest palm oil producer by acreage, also saw its net profit more than double in Q1 2025, thanks to strong upstream performance offsetting lower downstream profits.

Malakoff Corp Bhd (MALAKOF) issued its first RM250mil Asean Sustainability SRI Sukuk Murabahah under a RM1.2bil Islamic medium-term notes program.

Capital A Bhd (CAPITALA) is expanding into Saudi Arabia, aiming to introduce various services as part of its Middle East strategy.

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.
 

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