MQ Market Updates - 04 February 2026
MQ Market Updates - 04 February 2026
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Binastra Corp Bhd (BNASTRA) has secured a RM503 million contract for a data centre development in Cheras, enhancing its project portfolio.
Malakoff Corp Bhd (MALAKOF) has extended power purchase agreements for three plants, improving earnings visibility and asset value.
Lagenda Properties Bhd (LAGENDA) is expected to see earnings growth driven by strong demand for affordable housing, according to CGS International.
Sarawak Consolidated Industries Bhd (SCIB) has cancelled a RM49 million financing facility after divesting its manufacturing arm, indicating a strategic shift.
Tenaga Nasional Bhd (TENAGA) may use tax credits to recover additional taxes, although full recovery could take up to two decades, as noted by CIMB Securities.
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