Capital markets news | Mon 22 Apr 2024
Equity
- MKH Oil Palm Main Market IPO oversubscribed 8.43 times Edge Mail NST Star
- Subscription of DNB shares by 5 mobile network operators ongoing Edge Star
- Tomei’s YX Precious Metals proposes transfer to Main Market Edge
- Sapura Energy suspended pending announcement Edge NST
- Iconic Worldwide’s rights issue oversubscribed, raises RM95.6m Edge NST Star
- Lim Seong Hai gets shareholder nod for transfer to ACE Market Edge
- Uzma plans RM68.4m private placement to fund O&G support job Edge
- Nova signs term sheets for RM41.4m investment in Singaporean units Edge
- Sime Darby gets commitment for balance 30% of RM1b development fund Edge
- Kenanga values Main-Market bound Keyfield at RM1.90 Edge Star
- Bursa working to make LEAP the right fit for investors and enterprises NST
- Geely to sell USD1.32b Volvo Truck Class B shares Edge
Debt
- Digi’s RM1b Islamic CP programme rating withdrawn on expiry RAM
- Kimanis Power’s AA rating affirmed MARC
- Malaysia still largest sukuk market globally NST
- Yinson’s unit places USD500m 5-year senior secured bonds Edge NST Star
- Bitcoin halving cuts supply of new tokens in threat to miners Edge Mail
- Softbank-backed Oyo eyes USD450m bond sale for refinancing Edge
- ANZ Bank in talks with Australian pension funds on India investments Edge
- Hedge funds cry foul over Chinese education firm’s default Edge
- World Bank wins USD11b pledges to boost lending for climate, global crises Mail
Projects and business
- MISC signs time charter with Petronas unit for 2 ammonia Aframax tankers Edge NST
- Swiss firm Life Energy Motion inaugurates RM78m Penang plant Edge Mail
- MCE begins construction of RM50m Serendah manufacturing facility Edge
- Meta Bright forms JV with Bumiputera firm for RE projects Edge
- PIE confirms winning new client, additional RM2.5b revenue Edge
- Aeon Bank to start Islamic digital operations in 2Q2024 Mail
- RM70b for high-speed bullet train project? NST
- Philippines wants US, Japan to take over rail deal eyed by China Edge
- China’s Ant Group in talks to launch Alipay+ in Indonesia Mail
Economy and market news
- Malaysia’s 1Q trade up 7.1% y-o-y to RM690.59b Mail Star
- Malaysia’s 1Q GDP growth 3.9%, driven by services sector Mail Star
- IMF concerned about debt, fiscal challenges facing low-income countries Mail
- Japan inflation slips to 2.6% in Mar Mail
- China set to keep lending benchmark LPRs unchanged in Apr Star
- Funds quickly buy back into copper’s super-cycle credentials Star
- Fed policymakers agree there’s no urgency to cut rates Star
