Capital markets news | Fri 26 Apr 2024
Equity
- Infoline Tec seeks transfer from ACE Market to Main Market Edge
- Khee San revises rights underwriting after substantial shareholder ceases Edge
- Pantech to list 2 subsidiaries on Main Market Edge Star
- DNB to review due diligence, finalise share subscription agreements Edge
- Agricore gets Bursa approval for ACE Market listing Edge NST Star
- UMediC to transfer to Main Market on 29 Apr Star
- VinFast chief to invest USD1b more in EV maker Edge Mail
- Microsoft-backed Rubrik prices IPO at USD32 Mail
- Battery stocks’ rally in India likely to extend Star
Debt
- PTP’s sukuk murabahah AA rating affirmed MARC
- Malaysia to explore collaborations with Islamic Development Bank Mail
- OCK to raise RM500m from sukuk issuance NST Star
- RHB Bank keeps 4.5% loan growth target Star
- Thai lenders cut rates by 0.25% for vulnerable groups Edge
- Bank asset values in UK face 5% hit this decade Star
- NGOs accuse Asian Development Bank of funding Indonesia coal plants Mail
Mergers and acquisitions
Projects and business
- Nasdaq-listed TTM Technologies invests RM958m on Penang factory Edge Mail
- Inta Bina bags RM224.8m apartment construction in Subang Jaya Edge Mail Star
- JRG teams up with Shandong Huaxin for RM15b Pahang project Edge NST
- FSBM ties up with Linear Channel to jointly bid for IT projects Mail
- Honda to spend USD11b on EV strategy in Canada Edge Mail
- Amazon to invest USD11b in Indiana to build data centres Edge
- Micron to get USD13.6b in US grants, loans Edge
- Goldman plans to add headcount in Asia to woo super wealthy Edge
- TSMC says A16 chipmaking tech to arrive in 2026 Mail
- Canada’s LNG Energy signs Venezuela oil contract Mail
- Algeria signs USD3.5b deal with Qatar dairy producer Baladna Mail
Legal and policies
- Lawyer Sreesanthan allowed to challenge sentence for insider trading Edge
- Chinese telecom carriers banned from offering US broadband services Edge
- Continental fined EUR100m over role in diesel emission scam Edge
- US solar panel makers seek import tariffs to protect domestic factories Edge Star
- GlaxoSmithKline sues Pfizer, BioNTech over Covid vaccine tech Mail
- China’s Nuctech raided in EU over foreign subsidies concerns Mail