MQ Market Updates - 17 June 2025
MQ Market Updates - 17 June 2025
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Pan Merchant Bhd is slightly overvalued at its IPO price of 27 sen, with a fair value of 25 sen based on 15 times forward earnings, reflecting a 25% discount to global peers.
Berjaya Land Bhd (BJLAND) is initiating large-scale durian and Napier hybrid grass cultivation in Perlis.
10Star Cinemas, a subsidiary of MAA Group Bhd (MAA), has signed an MOU with Hextar World to establish a flagship cinema in Empire City, Selangor, next year.
Pharmaniaga Bhd (PHARMA) announced the resignation of Izaddeen Daud as a non-executive director, part of ongoing board changes in Boustead-linked firms.
Yinson Holdings Bhd (YINSON) has completed the first tranche of US$300 million from a US$1 billion investment by a consortium of international investors.
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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.
