Capital markets news | Fri 19 Apr 2024
Equity
- TA Securities, AmInvestment underwrite Feytech’s Main Market IPO Edge Star
- Sin-Kung Logistics launches ACE Market IPO to raise RM39.5m Edge NST Star
- OB Holdings’ ACE Market IPO approved, listing in 4Q Edge NST
- Mercury Securities underwrites Smart Asia’s ACE Market IPO Star
- Bursa approves UMediC’s transfer to Main Market Edge
- Systech gets shareholders’ nod for bonus shares, acquisition Edge Mail Star
- Awantec faces trading suspension on 26 Apr over regularisation plan Edge Mail Star
- Norway’s USD1.6t fund misses benchmark with 6.3% return Edge Mail
- Norway wealth fund backs NatWest stock buy back from UK govt Edge
- HKEX to develop new derivatives platform to bolster investments Edge
- Mystery stock crash in China cement maker linked to margin call Edge
Debt
- OCK’s ICP assigned MARC-1 rating and Tranche 1 AA- rating affirmed MARC
- RHB aims to provide RM50b sustainability finance by 2026 Edge Mail NST Star
- Perpetual bonds still garnering interest Edge
- FM II held meetings with global credit ratings agencies NST
- Malaysia’s housing loan approvals in Jan-Feb 2024 up 14% Star
- China’s central bank signals caution over credit boost as demand weakens Edge
- Berkshire sells JPY263.3b bonds with tighter spreads Edge
- IDB eyes joint goals with multilateral banks Star
- Quantitative trading firm Jane Street to issue USD1.4b high-yield bonds Star
- Morgan Stanley sells USD8b in Big Banks’ bond bonanza Star
- ESG investor group wants more accountability from private markets Star
Mergers and acquisitions
Projects and business
- Far Eastern breaks ground for RM958m Melaka recycling factory Edge Mail
- Kimlun bags RM150m in Johor residential construction contract Edge NST Star
- Ant International to set up new business centre in Malaysia Edge Mail
- Pansar bags RM269m Sarawak water treatment plant upgrade Edge NST Star
- AmanahRaya REIT aims to raise occupancy rate to 90% by end-2025 Edge
- 23 Australian firms look to invest in maritime decarbonisation, RE in Malaysia Edge
- Astro Studios key driver in boosting Malaysia’s creative industry Mail
- Bursa to hold auction of maiden RE certificates on 25 Jun Edge Mail NST
- Yinson, Eastern Pacific team up for greener shipping industry Star
- UBS shuts 17 China private funds, will lay off one-third of staff Edge
- Micron to get USD6b chips grants in announcement next week Edge
- CNY600b 2,100km Yangtze HSR to open to traffic in Jun 2025 Star
Economy and market news
- New business total life insurance premiums up 11.6% in 2023 Edge
- Malaysia’s video gaming industry revenue to hit USD649m in 2024 Mail Star
- Mosti to facilitate setting up 900 AI startups in Malaysia by 2026 Mail
- Indonesian finance chief aims to shield economy from dollar rise Edge Edge
- Dollar’s dominant reserve currency status to endure Edge Star
- Goldman’s Waldron sounds alarm over US debt jolt to markets Edge
- IMF tells Asian central banks not to follow Fed too closely Mail
- UK aims to boost economic defences against security risks Mail
- Container vessels supply to exceed demand, pressuring freight rates Mail
- US economy growing at modest pace in many regions Mail
