Capital markets news | Tue 16 Apr 2024
Equity
- Frozen food distributor Supreme Consolidated eyes ACE Market listing Edge
- Capital A aviation division exploring fundraising Edge
- Foreign selling of Malaysian equities rose 11% to RM373.5m last week Edge Mail Star
- TA Securities values Main Market-bound MKH Oil Palm at 62 sen Edge
- RHB takes up additional Boost Bank shares Star
- Asia Pacific largest y-o-y decline in fintech funding in 1Q2024 Edge
- Wall Street brokerages sceptical about Reddit user growth Edge
- Singapore’s Carro to raise USD100m at USD1.5b valuation pre-IPO Edge Star
- Buyout giant CVC seeks EUR1.25b in Amsterdam IPO Edge Star
- Apollo’s Asia expansion has lured in USD35b from region Edge Star
- Nepalese instant noodles billionaire to list India unit by 2026 Edge
Debt
- Westports’ proposed RM5b sukuk wakalah programme assigned AAA rating RAM
- G Capital partners HK’s CCIAM to raise RM325m hydropower financing Edge NST Star
- China Vanke has plans in place against short-term liquidity pressure Edge Star
- San Miguel’s USD2b syndicated loan biggest in Asia in 2024 Edge
- China’s private builders need USD553b in funding to complete homes Edge NST
- Debt-for-nature swaps may give USD100b boost to climate fight Star
- Japan’s insurers buy more domestic sovereign bonds for investments Star
- Battered bond traders adopt show-me mode to avoid more losses Star
- Pakistan repays USD1b eurobonds Star
- CDB lends USD38b for infrastructure projects in 1Q Star
Mergers and acquisitions
- Iris fails to sell stake in subsidiary that lost NIISe project Edge
- Global Infrastructure Partners aborts 49% purchase of MMC Port Edge NST Star
- Ducati CEO happy with F1’s Liberty Media buying 86% of MotoGP Edge
- BNP Paribas to acquire Fosun’s 9% stake in Ageas Star
- Software giant Salesforce in advanced talks to buy Informatica Star
Projects and business
- HeiTech Padu bags RM190m system maintenance contract from JPJ Edge Star
- Kitacon gets RM135m LOA for Ijok building works Edge NST Star
- US awards Samsung USD6.4b in grants for Texas chip factory Edge Mail
- China approves BNP Paribas’ fully-owned securities brokerage Edge
- Temenos’ probe finds Hindenburg’s allegations incorrect Edge
Economy and market news
- Short-term interbank rates close steady on BNM operations Mail
- OPR peaked at 3%, rate cut next year NST
- Malaysia palm oil stocks fell 10.68% m-o-m in Mar NST Star
- Malaysia sets up energy exchange for green electricity export NST
- Malaysia’s green investments surged 3-fold to over USD1b NST
- Malaysian digital banks compete for deposits Star
- Southeast Asia woefully off track on green investment Edge Mail NST Star
- Singaporean emissions registry to help sustainability reporting Edge
- Chinese executives see US-China rivalry as biggest uncertainty Edge
- BP’s EV charging arm cuts jobs, reduces global ambitions Mail
- Global mining investment too low to support energy transition NST
- Geopolitical escalations, high oil prices are risks to Apec economies Mail
- Funds stay with bearish CBOT corn views despite supply drop Star
- Some European solar firms relocating to US Star
- US corn and sustainable aviation fuel Star
- Inside the problem of carbon offsets market Star
