MQ Market Updates - 23 September 2025
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New ACE Market entrant JS Solar Holding Bhd (JSSOLAR) aims for over 300MW in solar projects in Sabah, seeking a larger share of Malaysia's solar engineering market.
S P Setia Bhd has appointed IJM Corp Bhd (IJM)'s chief strategy officer as its new deputy CEO.
SDS Group Bhd (SDS), a bakery manufacturer, is acquiring Mamee-Double Decker (M) Sdn Bhd's London and Tora snack brands, marking its largest acquisition since listing.
Notable shareholding changes for the week of Sept 2 to 4 included Alam Maritim Resources Bhd (ALAM), where Malayan Banking Bhd emerged as a significant shareholder.
Telekom Malaysia Bhd (TM) is collaborating with several companies, including Meta and SoftBank, to develop the Candle submarine cable system connecting ASEAN to Japan.
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