Edelteq Bhd (0278.KL) traded up 4.88 % during a 24 hours period ending at 09:24 PM Central Europe on Tuesday 27th. One Edelteq Bhd stock can currently be bought for about MYR 0.42 on popular exchanges. Current supply of Edelteq Bhd stocks is 558.5 mn. Edelteq Bhd has a current market capitalization of MYR 240.2 mn and approximately MYR 1.4 mn worth of Edelteq Bhd was traded on exchanges in the last 24 hours. Since last month end, Edelteq Bhd has traded 34.38 % up. Simple moving average of last 200 days is at MYR 0.38. The highest price of past 52 weeks was recorded at MYR 0.56 on 10/26/2026. 52 weeks low was at MYR 0.29 on 10/26/2026.
Summary of the latest news for Edelteq Bhd
Edelteq Holdings Bhd announced plans to acquire a majority stake in Penang‑based Nixma Technology, a factory automation solutions provider. The transaction, valued at approximately RM15.3 million, will give Edelteq 51 % ownership, with the remaining shares held by the current shareholders. The move is positioned to broaden the semiconductor equipment maker’s product range and market reach, allowing cross‑selling opportunities and operational synergies across multiple industrial sectors. Nixma’s management team will continue overseeing day‑to‑day operations, while Edelteq will appoint up to two directors to the board. The investment will be partly funded through internal cash and bank borrowings, with a portion earmarked for expanding Nixma’s production capacity. Edelteq’s shares rose modestly following the filing, reflecting investor interest in the diversification strategy.
Here is how related stocks have performed in the past 24 hours:
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About Edelteq Bhd
EDELTEQ HOLDINGS BERHAD is a Malaysian company that specializes in providing various types of offshore wind power generation systems and solutions. The company has a strong reputation for its innovative and high-quality products, which have been designed to meet the specific needs of its clients in the energy sector.
