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MQ Market Updates - 26 January 2026

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2026-01-26 18:04:46
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MQ Market Updates - 26 January 2026

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QL Resources Bhd (QL) has initiated its RM1.3bil QL Innofood Park project, but a recent share price rebound has led to a downgrade by MBSB Research, indicating potential unsustainability.

Tencent Holdings (TENCENT-C36), along with Fidelity International and Temasek Holdings, is set to invest in the IPO of Busy Ming Group Co, a Chinese snack retailer.

KKB Engineering Bhd (KKB) secured contracts worth RM80mil, boosting its order book to RM292mil and outstanding orders to RM347mil.

Mah Sing Group Bhd (MAHSING) completed its M Astra development ahead of schedule, showcasing operational efficiency.

Gamuda Bhd (GAMUDA) maintains a strong growth trajectory with a robust project pipeline expected to elevate its order book to RM50bil by 2026.

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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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