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MQ Market Updates - 06 May 2026

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2026-05-06 17:49:13
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MQ Market Updates - 06 May 2026

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Workforce management services firm Manforce Group Bhd (MFGROUP) debuted on the ACE Market with shares opening below its IPO price.

Bus manufacturer Bus Cap Bhd plans to raise RM24.69 million through its upcoming ACE Market IPO, priced at 23 sen per share.

The Malaysian Anti-Corruption Commission (MACC) has kept the bank accounts of Padini Holdings Bhd (PADINI) and Cropmate Bhd (CRPMATE) frozen amid ongoing investigations.

Semiconductor support services firm Frontken Corporation Bhd (FRONTKN) reported a net profit increase of over 36% in Q1, attributed to strong core business performance and cost management.

CIMB Group Holdings Bhd (CIMB) may see its return on equity (ROE) reach 13% by FY2027 after divesting its Thai unit's automotive financing portfolio, according to HLIB Research.

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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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