Capital markets news | Fri 9 Feb 2024
Capital markets news | Fri 9 Feb 2024
Equity
- Solar District seeks listing on ACE Market Edge
- SEC approves Graphjet’s Nasdaq listing via SPAC merger Star Star Edge
- Biotech IPOs jump as momentum builds Star
- Bill Ackman launches cheaper US hedge fund Star
- AI startup Daedalus raises USD21m Edge
Debt
- Hektar REIT’s RM230m guaranteed tranches assigned final AAA(fg) rating RAM
- Sunway’s unit lodges RM1b sukuk wakalah programme with SC Star Edge
- Dow Chemical debuts up to 30-year USD1.25b green bonds Star
- Trump’s media deal partner nears USD50m financing Edge
- HSBC partners Google for USD1b climate tech finance goal Edge
Mergers and acquisitions
- KIP REIT completes purchase of KIPMall Kota Warisan Star
- NationGate buys Hesechan Industries for RM25m cash Star Edge
- CIMB completes acquisition of KAF Equities Star Star Edge
- Inter-Pacific tells KUB shareholders to reject takeover offer Edge
- Hillhouse Investment acquires Singapore’s InCorp Global Star
- BAT’s biggest gain since 2020 on plan to sell stake in ITC Edge
- Billionaire Geiger shakes up L’Occitane as Blackstone eyes firm Edge
- SoftBank-backed Cohesity and Veritas data security unit in USD7b merger Edge
Projects and business
- MGB gets RM119m precast elements order for 400 villas in Jeddah NST Edge
- Dataprep signs 30-year concession for Bandung telco infra project Edge
Economy and market news
- Malaysia’s services sector revenue hits RM2.3t in 2023 Star NST Mail
- Palm oil buyers switch to cheaper oils Edge
- US Treasury’s record USD42b 10-year auction receives solid demand Star
- China’s consumer prices suffer biggest fall since 2009 Star Mail
- US Fed officials urge patience on interest rate cuts Mail
- AI is driving more layoffs than companies admit Edge
- Citigroup to cut 10% of London wealth business staff Edge
- Global silicon wafer shipments down 14% in 2023 Edge
Legal and regulatory
- Reneuco turns PN17 after annual report contains disclaimer Star Star NST Edge Edge
- South Korea likely to lift short selling ban by 1H2024 Star
- China unveils regulations to control carbon trading Star
- Rosneft confirms Germany considering expropriation Mail
- AON Singapore ex-CEO charged with money-laundering Edge
