MQ Market Updates - 23 April 2026
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Wawasan Dengkil Holdings Bhd (DENGKIL) has secured a RM22.7 million contract for residential units in Sepang, indicating growth potential in the property sector.
After successfully avoiding a takeover, IJM Corporation Bhd (IJM) plans to list its construction business by 2027, signaling confidence in its operational strength.
AMS Advanced Material Bhd (AMS) rebounded from initial losses in its trading debut, raising RM46 million, reflecting positive investor sentiment in the aluminium market.
Steel Hawk Bhd (HAWK) has initiated legal action against Ibrahim & Sons Engineering over fraud allegations, which may impact investor confidence in both companies.
UEM Sunrise Bhd (UEMS) is seen as a potential takeover target due to its valuable land bank and low valuations, suggesting strategic interest from larger players.
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