MQ Market Updates - 19 August 2025
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Sunway Construction Group Bhd (SUNCON) clarified it is not being investigated by the MACC, which is focusing on the actions of a former employee.
Genting Plantations Bhd (GENP) is diversifying into vegetable seeds, potentially increasing recurring income. Its shares rose after announcing a joint venture in vegetable farming.
Ranhill Utilities Bhd (RANHILL) reported disappointing Q6 results for FY25, impacted by higher amortization and losses in its services segment.
Bumi Armada Bhd (ARMADA) faces uncertainty after a failed merger proposal with MISC Bhd (MISC), leading to a decline in its share price.
Mah Sing Group Bhd (MAHSING) has been appointed lead developer for a RM52.5 million flyover project in Kajang.
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