MQ Market Updates - 26 August 2025
MQ Market Updates - 26 August 2025
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Malayan Banking Bhd (MAYBANK) reported a 4% increase in net profit to RM2.63 billion for 2Q25, driven by higher income despite rising bad debt provisions.
Public Bank Bhd (PBBANK) achieved a net profit of RM3.5 billion for the first half of 2025, up from RM3.44 billion in 2024, although its second-quarter profit declined due to lower non-taxable income.
Magma Group Bhd (MAGMA) shares rebounded sharply after a week of declines, recovering from a five-month low.
Feuds over assets of Paos Holdings Bhd (PAOS) emerged following the death of founder Tan Sri Lim Tong Yong, who held a significant stake in the company.
Gamuda Bhd (GAMUDA) reported an increase in its order book to RM35.1 billion after securing a new highway project.
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