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MQ Market Updates - 29 May 2026

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2026-06-03 09:47:57
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MQ Market Updates - 29 May 2026

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Big Caring Group Bhd aims to raise RM3 billion in its IPO, potentially marking one of Malaysia's largest listings in a decade.

Mah Sing Group Bhd (MAHSING) reported a 3.1% rise in net profit to RM68.08 million for 1QFY2026, aided by effective cost management despite lower revenue.

PETRONAS Dagangan Bhd (PETDAG) is reducing its dividend payout to 18 sen per share due to a nearly 4% drop in earnings from rising product costs, down from 20 sen last year.

Inari Amertron Bhd (INARI) anticipates improved earnings over the next two years, driven by increased demand for RF content and growth in AI infrastructure.

Malayan Cement Bhd (MCEMENT) saw a rebound as investors reacted positively to better-than-expected results, with analysts remaining optimistic.

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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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