MQ Market Updates - 25 May 2026
MQ Market Updates - 25 May 2026
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Gold Li Holdings Bhd's IPO on the ACE Market has seen a modest retail response, oversubscribed by 3.26 times before its debut on May 18.
Sime Darby Bhd (SIME) reported increased profits across all divisions in 3QFY26, with earnings tripling due to a one-off land sale, despite a revenue decline.
Gamuda Bhd (GAMUDA) secured government backing for its Weasel Solar Farm and Cellars Hill Wind Farm projects in Tasmania, reducing investment risks for these renewable energy initiatives.
MISC Bhd (MISC) achieved a 5% rise in net profit to RM741.4 million in 1Q FY2026, driven by ship disposals and improved joint venture earnings.
Axiata Group Bhd (AXIATA) saw a 71% increase in net profit in Q1 2026, supported by lower costs despite a revenue drop.
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