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MQ Market Updates - 12 May 2026

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2026-05-12 17:30:01
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MQ Market Updates - 12 May 2026

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IT solutions provider MM Computer Systems Bhd aims to raise RM26.18mil from its IPO on the ACE Market of Bursa Malaysia on June 11.

PETRONAS, through PETRONAS LNG Ltd, signed a 20-year charter agreement with MISC Bhd (MISC) for five new LNG carriers.

Pekat Group Bhd (PEKAT) secured a 15-year PPA worth RM23.04 million with Dutch Lady Milk Industries Bhd (DLADY) for a rooftop solar PV system.

Bedi Bhd (BEDI) plans to sell an industrial property in Kota Kinabalu for RM14.3mil to enhance its financial position.

RHB Bank Bhd (RHBBANK) is moving forward with its disposal of its general insurance arm, showing stronger prospects than its 2018 attempt, analysts say.

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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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