MQ Market Updates - 24 October 2025
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Tenaga Nasional Bhd (TENAGA) is seen as undervalued, with analysts believing its shares have absorbed the impact of RM10 billion tax disputes.
SD Guthrie Bhd (SDG) successfully hosted its inaugural Carey Heritage Run 2025, attracting over 1,100 participants, including public members and employees.
I-Bhd (IBHD) reported an impressive 81% increase in net profit for 3QFY2025, attributed to robust property development contributions, effective cost management, and a one-off fund recovery from completed projects.
Sime Darby Property Bhd (SIMEPROP) launched its third retail asset, KLGCC Mall in Bukit Kiara, with 90% of its retail space already leased.
Gamuda Bhd (GAMUDA) through its property arm, Gamuda Land, acquired a site in London for a RM600 million purpose-built student accommodation project.
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