MQ Market Updates - 14 October 2025
MQ Market Updates - 14 October 2025
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During the week of Sept 22 to 26, notable shareholding changes at Bursa Malaysia included Southern Cable Group Bhd (SCGBHD), where its second-largest shareholder, Semangat Handal Sdn Bhd, ceased to hold shares.
Velesto Energy Bhd (VELESTO) is positioned to increase its dividends, as a research house has set the highest target price for the stock.
Genting Bhd (GENTING) made a conditional voluntary takeover offer for a 50.64% stake in Genting Malaysia Bhd (GENM), eliciting mixed analyst reactions due to valuation concerns and potential strategic benefits.
Aumas Resources Bhd (AUMAS) announced it secured an operational mining scheme licence for the Bukit Mantri gold mine, Sabah's only large-scale gold mine.
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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.
