MQ Market Updates - 03 June 2025
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Enproserve Group Bhd has signed an underwriting agreement with KAF Investment Bank Bhd for its IPO on the ACE Market of Bursa Malaysia, targeting a listing in Q3.
A1 AK Koh Group Bhd appointed AmInvestment Bank Bhd as the underwriter for its ACE Market IPO, offering 50.4 million shares to the public.
ICT Zone Asia Bhd (ICTZONE) debuted flat at 20 sen per share on the ACE Market, aiming to double its market share in government-linked ICT leasing from 10% to 20% in three years.
Deleum Bhd (DELEUM) acquired a 70% stake in PT OSA Industries for US$7 million, enhancing its oil and gas service capabilities.
British American Tobacco (Malaysia) Bhd (BAT) saw its share price drop to a near 40-year low after reporting a significant decline in Q1 profit.
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