Itmax System's recent LED street light replacement job win worth MYR47.2 million from Kuala Lumpur's city council could support its earnings prospects,.
Seven companies made their debut on the capital market in the fourth quarter of 2022 (4Q2022) with a combined market capitalisation of RM2.23 billion, and raised RM642.47 million via new issue and offer for sale. They comprised one company on the Main Market and six companies on the ACE Market, said Bursa Malaysia in its IPO performance report for 4Q2022.