MQ Market Updates - 16 April 2026
MQ Market Updates - 16 April 2026
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Despite ongoing Middle East tensions, Golden Destinations Group Bhd (GDGROUP) anticipates improved profits and margins this year, driven by strong travel demand from Asia.
SUNWAY Bhd (SUNWAY), founded by Tan Sri Jeffrey Cheah Fook Ling, emphasizes value creation over race as it celebrates its 52nd anniversary this year.
Bursa Malaysia Bhd (BURSA) is projected to report strong first-quarter results for 2026, fueled by robust trading activity, although global challenges may impact the remainder of the year.
Lee Thiam Wah, founder and CEO of 99 Speed Mart Retail Holdings Bhd (99SMART), saw his net worth nearly double to US$6.7 billion in 2025 as the minimart chain expanded by 259 stores to over 3,000 nationwide.
Perdana Petroleum Bhd (PERDANA) secured two contracts from PETRONAS Carigali Sdn Bhd for the charter of two anchor handling tug supply vessels.
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