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MQ Market Updates - 03 December 2025

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2025-12-03 17:50:49
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MQ Market Updates - 03 December 2025

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Deleum Bhd (DELEUM) has secured a six-year contract with PETRONAS Carigali, enhancing its role in Malaysia's oil and gas sector.

SumiSaujana Group Bhd (SUMI) has secured a three-year contract for specialty chemicals in cleaner fuel production.

AXIS Real Estate Investment Trust (AXREIT) is pursuing an RM800 million land acquisition, signaling optimism for mainland Penang's economic potential.

Stocks to watch include CelcomDigi Bhd (CDB), Maxis Bhd (MAXIS), and others, as Genting Bhd (GENTING) faces rating downgrade risks due to high debt.

Genting Malaysia Bhd (GENM) is poised for earnings growth due to Visit Malaysia Year 2026, more gaming machines in the UK, and operating NYC's only full-service casino.

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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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