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MQ Market Updates - 21 August 2025

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2025-08-21 16:58:08
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MQ Market Updates - 21 August 2025

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Generator rental services provider Express Powerr Solutions (M) Bhd plans to raise RM36mil through its IPO on the ACE Market of Bursa Malaysia, set for Sept 24, 2025.

Ivory Properties Group Bhd (IVORY) clarified that its CEO, Datuk Low Eng Hock, is cooperating with authorities regarding the MBI International investment scheme investigation.

Maxis Bhd (MAXIS) reported a net profit of RM398 million for Q2 2025, an 11.8% increase from RM356 million last year, attributed to effective cost management despite a softer topline.

Warrants linked to Petronas Chemicals Group Bhd (PCHEM) surged, with some increasing fivefold as investors bet on continued growth amid easing overcapacity in the petrochemical sector.

Matrix Concepts Holdings Bhd (MATRIX) saw a net profit rise to RM62.9 million for Q1 FY26, up from RM60.7 million, supported by lower marketing expenses and a reduced tax rate.

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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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