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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