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MQ Market Updates - 22 August 2025

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2025-08-22 17:36:55
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MQ Market Updates - 22 August 2025

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Visit this link for the full article: https://bit.ly/3VcMOd7
 
ITmax System Bhd (ITMAX)  has secured a RM14.4 million contract from Railway Assets Corporation (RAC), a statutory body under the Transport Ministry. 

Censof Holdings Bhd (CENSOF)'s has secured a RM12.4 million contract from the Housing Ministry to develop an OSC licensing system for local authorities.

Sunway Construction Group Bhd (SUNCON) has raised its dividend payout ratio assumption to 90 per cent from 70 per cent.

Velesto Energy Bhd (VELESTO)'s net profit fell 19.7 per cent to RM50.44 million in the second quarter ended June 30, 2025 (2Q25) from RM62.81 million a year ago.

Malayan Cement Bhd (MCEMENT) rose on Friday after a set of stronger-than-expected earnings while analysts raised their outlook on the stock.

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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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