MQ Market Updates - 21 May 2026
MQ Market Updates - 21 May 2026
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Elsa Bhd has launched its IPO on the ACE Market, aiming to raise RM35.6 million for its operations and shareholders.
Kerjaya Prospek Group Bhd (KERJAYA) secured two contracts worth RM103.6 million for Andaman Island projects.
MKH Bhd (MKH) reached a nine-year high, surpassing a billion-ringgit valuation after Batu Kawan Bhd (BKAWAN) proposed a RM2-per-share takeover offer.
Bumi Armada Bhd (ARMADA) saw a 78% drop in Q1 net profit to RM40.1 million, primarily due to reduced contributions from FPSO vessels, including Armada Kraken.
EI Power Bhd (EIPOWER) had a strong trading debut, raising nearly RM96 million from its ACE Market listing.
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