MQ Market Updates - 11 June 2025
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Cuckoo International (MAL) Bhd has reduced its IPO price to RM1.08 for all investors, confirming earlier reports.
U Mobile has signed an MoU with OCK Group Bhd (OCK) for its nationwide 5G rollout, appointing OCK as a preferred infrastructure partner.
Binastra Corporation Bhd (BNASTRA) has secured a RM268 million contract for a 45-storey serviced apartment project.
Hong Leong Investment Bank has initiated coverage on Southern Cable Group Bhd (SCGBHD), noting its strong operational performance and positive earnings outlook.
GDEX Bhd (GDEX) is optimistic about its earnings recovery in FY2025, following a return to profitability in FY2024, driven by its technology division.
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