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MQ Market Updates - 29 May 2025

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2025-05-29 17:35:36
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MQ Market Updates - 29 May 2025

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ASM Automation Group Bhd aims to raise RM21.82 million from its IPO on the ACE Market of Bursa Malaysia, with applications now open.

PeterLabs Holdings Bhd (PLABS) has initiated legal action against its director and shareholder amid a boardroom conflict. 

Axiata Group Bhd (AXIATA) reported strong growth in 1Q25, but analysts warn of potential earnings softness due to a merger completion in its Indonesian unit.

Wellcall Holdings Bhd (WELLCAL) shares dropped to a one-month low following disappointing Q2 results, prompting analysts to lower forecasts due to expected weaker exports and rising costs.

Sime Darby Property Bhd (SIMEPROP) remains optimistic for 2025, buoyed by record unbilled sales of RM3.84 billion despite tariff uncertainties.

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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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