MQ Market Updates - 18 Jun 2026
MQ Market Updates - 18 Jun 2026
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Sunway Construction Group Bhd (SUNCON) has secured RM664.4 million in change orders for two Johor data centre projects, raising the total contract value to RM865.6 million.
Top Glove Corporation Bhd (TOPGLOV) reports stable nitrile latex supply as of June 2026, with net profit more than doubling in 3QFY2026 due to increased sales and cost efficiencies.
Eco World Development Group Bhd (ECOWLD) achieved RM3.28 billion in sales in the first seven months of FY2026, reaching 82% of its RM4 billion target, despite a dip in earnings.
Sum Technology Bhd (SUM) anticipates growth from rising demand for data centres, starting its public trading with a 43% gain after raising RM33 million.
Competition for the RM3.7 billion Langat 2 Phase 2 water project is expected to be fierce, with Gamuda Bhd (GAMUDA) and IJM Corp Bhd (IJM) as strong contenders.
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