Marhaen Trader

CGS International and Hong Leong Investment Bank (HLIB) said IJM Corp Bhd’s (KL:IJM) recent contract win in the data centre space is strategically significant and could pave the way for many more.

Malaysia External Trade Development Corp (Matrade) and Deloitte have signed a memorandum of understanding (MOU) to jointly drive the New Industrial Master Plan 2030 (NIMP 2030) through a series of technology-led initiatives.

ohor Plantations Group Bhd (KL:JPG) announced that the 50 million new shares offered to the Malaysian public have been oversubscribed by 2.18 times. In a statement, the group said it received a total of 9,555 applications for 159.01 million shares worth RM133.57 million from the Malaysian public.

The Sarawak government discovered some RM1.25 trillion worth of gold, rare earth, bauxite and other precious metals, The Vibes reported, citing Deputy Premier Datuk Amar Awang Tengah Ali Hassan.

Shares of KTI Landmark Bhd (KL:KTI) opened flat in its trading debut on Wednesday after the Sabah-based integrated property developer's initial public offering (IPO) on the ACE Market raised RM48 million.

Ocean Fresh Bhd (OFB), a frozen seafood company en route to the ACE Market at an initial public offering (IPO) price of 28 sen, has been valued at between 35 sen and 54 sen by analysts.

Bursa Malaysia Bhd (KL:BURSA) said it is in final negotiations with the developer of The Exchange 106 at Tun Razak Exchange (TRX) to move its headquarters to TRX.

PublicInvest Research has derived a fair value of RM1 for Main Market-bound Johor Plantations Group Bhd (JPG), pegged to 12x FY2025 earnings per share, a 40% discount to the industry average of 20x, which it deems justifiable, given the company’s i) smaller plantation landbank size, ii) lack of new planting activities, and iii) higher than market average plantation age profile.

Sheet metal products manufacturer and scaffoldings supplier, BWYS Group Berhad launched its prospectus today in conjunction with its initial public offering exercise on the ACE Market aiming to raise RM56.4 million.