MQ Market Updates - 02 July 2025
MQ Market Updates - 02 July 2025
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ASM Automation Group Bhd (ASM) debuted on the ACE Market at its IPO price of 17 sen, but faced weak investor demand on its first day.
MyNews Holdings Bhd (MYNEWS) is anticipated to experience minimal effects from the 8% Sales and Service Tax on leasing services, as per CIMB Securities.
S P Setia Bhd (SPSETIA) achieved a 70% take-up rate for its Nadi (Phase 3A) commercial units at Setia EcoHill 2, targeting business owners for expansion.
Telekom Malaysia Bhd (TM) could see its data centre revenue and EBITDA potentially double by FY2027, according to RHB Investment Bank.
The Federal Court ruled that Tenaga Nasional Bhd (TENAGA) should be classified as a utility company, not a manufacturer of electricity.
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