Capital markets news | Tue 12 Mar 2024
Equity
- UMediC’s Main Market transition and expansion plans on track Star
- Foreign investors sold record RM1.51b net on Bursa Star NST Mail Edge
- MyEG buys 14.4% of HeiTech Padu for RM31.25m Star NST Mail Edge
- CTOS’ share price falls after court ruling prohibiting credit scores NST
- FWD Group owns 70% of FWD Takaful, EPF owns 30% NST Edge
- Microlink shares hit 2-year low, intraday short selling suspended Edge
- Reddit to raise USD748m in IPO Edge
Debt
- Malaysia Rail Link’s SDG sukuk framework assigned Gold MARC
- Country Garden B3 rating affirmed with negative outlook RAM
- AmBank grants RM300m financing facilities to Uzma Star Edge
- Malaysia Rail Link sets up RM10.21b sukuk programmes Star Edge
Mergers and acquisitions
- Bank of East Asia casually seeking buyers for Affin Bank stake Edge
- HMV owner considers rescue bid for The Body Shop Star
- Unifrutti eyes growth after fresh acquisitions Star
Projects and business
- Maybank and Gentari team up for customers’ sustainability Star NST Edge
- HeiTech Padu gets RM13.11m immigration contract extension Star
- Flexidynamic gets RM12.4m contract and new substantial shareholder Star NST
- Sarawak to award ART Green Line, take over MASwings soon Edge
- Chinese regulators ask large banks to step up support for Vanke Star
- US asset manager closes down Shanghai office Star
Economy and market news
- Malaysia’s palm oil stocks fall to 7-month low Star NST
- Short-term rates stable on BNM operations NST
- Amid US-China tensions, semiconductor industry chooses Malaysia NST
- India signs major free trade deal with European bloc Star Mail
- Biden signs massive USD460b funding package Star
- Lithium market set for long-term uptrend Star
- BoJ mulls ending yield control to focus on bond buying Star
- US companies investing over USD1b in Philippines Mail
- Struggling Japan narrowly avoids technical recession Mail
