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MQ Market Updates - 31 March 2026

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2026-03-31 17:23:55
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MQ Market Updates - 31 March 2026

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SUNWAY Bhd (SUNWAY) is considering a revised offer for IJM Corp Bhd (IJM) after its initial proposal received a tepid response, according to sources.

British American Tobacco (Malaysia) Bhd (BAT) announced plans to optimize its workforce, potentially leading to employee reductions.

MyNews Holdings Bhd (MYNEWS) reported a 5.2% rise in net profit for 1QFY2026, attributed to increased store openings and lower tax expenses.

Bumi Armada Bhd (ARMADA) proposed a RM1.95 billion capital reduction to eliminate accumulated losses and facilitate future share buybacks.

Notable shareholding changes at Bursa Malaysia included S P Setia Bhd (SPSETIA), where the Employees Provident Fund acquired 29.37 million shares.

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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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