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MQ Market Updates - 12 June 2025

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2025-06-12 17:48:12
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MQ Market Updates - 12 June 2025

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More than 20% of Frontken Corp Bhd (FRONTKN) shareholders opposed new share issuance at the AGM, indicating concerns over equity dilution.

Independent adviser Quantephi Sdn Bhd found FGV Holdings Bhd (FGV)'s RM229.8 million acquisition of subsidiaries from KPF to be fair and reasonable for shareholders.

VS Industry Bhd (VS) saw its stock drop to a two-month low due to disappointing results, prompting analysts to revise forecasts downward.

CPE Technology Bhd (CPETECH) is set to benefit from the global trend in semiconductor fabrication, according to Maybank IB.

Binastra Corporation Bhd (BNASTRA) secured a RM268 million construction project, enhancing its diversification strategy beyond its main clients.

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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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