MQ Market Updates - 23 February 2026
MQ Market Updates - 23 February 2026
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Kerjaya Prospek Group Bhd (KERJAYA) secured a RM502.3 million contract from Tanjung Development Sdn Bhd.
Malayan Banking Bhd (MAYBANK) appointed Chua Bee Geok as COO, effective April 1, 2026.
Kossan Rubber Industries Bhd (KOSSAN) reported a net profit of RM151.31 million for FY2025, up from RM118.34 million in FY2024, aided by better production efficiencies despite weaker sales.
United Plantations Bhd (UTDPLT) shares rose 1.93% after reporting a record net profit of RM830 million for FY2025, a 15% increase from the previous year, attributed to historic CPO yields.
Petronas Chemicals Group Bhd (PCHEM) faced a RM2.14 billion net loss in FY2025, with expectations of continued tough operating conditions in 2026 after four consecutive quarterly losses.
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