MQ Market Updates - 16 Jun 2026
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Public Investment Bank has set a fair value of 38 sen for Liftech Group Bhd (LIFTECH), suggesting a 31% upside from its IPO price of 29 sen.
RNG Tech Bhd has launched its IPO on the ACE Market, targeting RM16.39 million to enhance overseas operations and upgrade existing stations.
LAC Med Bhd (LACMED) secured a RM78.9 million contract to supply pathology test items to 10 Ministry of Health hospitals in Kedah.
Elsa Bhd (ELSA) had a slight increase in its ACE Market debut despite overall market weakness.
Sarawak Plantation Bhd (SWKPLNT) is upgraded to 'buy' due to improved upstream margins.
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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.
