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MQ Market Updates - 22 October 2025

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2025-10-22 18:30:57
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MQ Market Updates - 22 October 2025

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Kenanga Investment Bank sees THMY Holdings Bhd as one of Malaysia’s most affordable AI hardware plays, with potential to double its IPO price.

Tile and stone distributor BMS Holdings Bhd has signed an underwriting agreement with Alliance Islamic Bank Bhd for its IPO on the ACE Market of Bursa Malaysia.

Verdant Solar Holdings Bhd (VERDANT) is pursuing M&As in the solar industry to diversify its offerings. The company saw a 19% rise on its ACE Market debut as investors showed strong interest.

PPB Group Bhd (PPB) reported that its associate, Wilmar International Ltd, faced legal issues regarding unlawful sugar imports in Indonesia.

IOI Corporation Bhd (IOICORP) may be removed from the benchmark equity index, according to MBSB Research.

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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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