MQ Market Updates - 28 November 2025
MQ Market Updates - 28 November 2025
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Eastern & Oriental Bhd (E&O) experienced a stock drop over 20% despite a 65.3% net profit increase in Q2, attributed to higher revenue from ongoing projects.
UEM Group Bhd proposed a selective capital reduction for its subsidiary, UEM Edgenta Bhd (EDGENTA), offering RM1.10 per share to privatize the company under the Companies Act 2016.
Foodie Media Bhd (FOODIE) anticipates a shift in advertising from traditional to digital media, positively impacting earnings.
MSM Malaysia Holdings Bhd (MSM) reported a narrowed net loss in Q3, benefiting from improved margins and lower production costs.
CIMB Group Holdings Bhd (CIMB) saw a net profit increase in Q3, driven by strong trading and non-interest income, despite a decline in interest income due to a squeezed net interest margin.
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