MQ Market Updates - 15 August 2025
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LAC Med Bhd has received approval for its IPO and listing on Bursa Malaysia, marking a significant step for the medical devices provider.
Telekom Malaysia Bhd (TM)'s 2Q25 core net profit is expected to grow 4–9%, despite potential revenue decline from competition and a weak business-solutions segment.
Genting Malaysia Bhd (GENM) plans to sell non-gaming assets for US$525 million to strengthen its financial position amid restructuring efforts.
Affin Bank Bhd (AFFIN) reported a 21% increase in net profit for the second quarter, driven by stronger income.
Malakoff Corp Bhd (MALAKOF) appointed Syahrunizam Samsudin as the new CEO, succeeding Anwar Syahrin Abdul Ajib.
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