Capital markets news | Tue 14 May 2024
Equity
- TA values ACE Market-bound Kawan Renergy at 55 sen Edge
- Malaysia’s Norman Pang eyes SGX listing by Mar 2025 NST Star
- Fiamma proposes private placement to raise RM56m Edge
- Risk-on mode for investors as geopolitical concerns subside Edge
- Foreign buying of local equities moderated to RM961m last week Edge Mail NST Star
- Saudi insurtech company Rasan to raise USD224m in IPO Star Zawya Menabytes
Debt
- Mulpha’s Australian unit gets AUD100m cash advance facility Edge
- South Korea, Malaysia extend currency swap agreement until 2027 Mail NST Star
- UBS makes available USD5b AT1 bonds for equity conversion Edge
- Indian banks at risk amid rapid consumer loan growth Edge
- ANZ faces regulator probe on Australian government bond sale Edge
- US, Japanese banks lead fossil fuel financing Mail
- China to start issuing USD138b long-dated stimulus bonds on Fri Mail
Mergers and acquisitions
- YNH extends deadline for RM170m land sale to Sunway by a year Edge
- Southern Score buys 51% of electrical contractor SJEE Engineering Edge Star
- Ajiya unit to dispose of property in Thailand for RM27m Edge Star
- Teo Seng buys Batu Pahat land for new layer farm Edge Star
- KUB ups stake in Central Cables to 98.92% at close of MGO Edge Mail Star
- AME Elite sells Pulai land to data centre operator for RM209.84m cash Edge Star
- What’s next for SEGi after Navis’ exit? Edge
- BHP says Anglo American rejected USD42.7b revised proposal Edge Mail
- Starwood, SSW Partners mull buyout of warehouse developer ESR Edge
- Telco tower company Inti Bangun Sejahtera nearing sale to Protelindo Edge
- US Federal Trade Commission urged to stop Chevron-Hess merger Edge
Projects and business
- Silver Ridge unit bags recruitment services contract Edge
- MISC, Petronas, Mitsui OSK to develop LCO2 carriers Edge Star
- Teleport to buy 7 more freighters to deliver 2m parcels daily by 2025 Edge NST
- Aurelius to invest RM450m in new manufacturing hub in Kulim Edge
- PTT Synergy wins 2 earthworks contracts from Sime Darby Property Edge Mail Star
- Bursa to host 1st local carbon credit auction in Jul Edge NST Star
- Uzma gets RM43.9m offshore services contract Edge
- Petros to take control of Sarawak’s natural gas trading on 1 Jul Edge NST
- Japan will likely restart world’s biggest nuclear plant this year Edge
- UAE’s Mubadala announces new gas discovery in Indonesia Mail
- KPMG, Deloitte to raise salaries for some roles in Singapore Star
- Lilium and Swiss firm to open new sites in France Star
Economy and market news
- Short-term interbank rates end stable on BNM operations Mail
- Malaysia’s natural rubber output down 9.2% in Mar Mail
- Malaysia’s construction sector expanded 14.2% to RM36.8b in 1Q Mail Star
- BNM, Malaysian Space Agency partner in financial management ecosystem NST
- SME Bank, UMK offer lifelong learning to MSME entrepreneurs NST
- Risks in sale and leaseback in Malaysia Star
- South Korea warns of fierce competition with China over technology Mail
- More policy easing in China likely as economy recovers Star
- Inflation may ease to Reserve Bank of Australia target by year-end Star
- Stubborn inflation poses risk to US forecasts for economic growth Star
- China nurtures unicorns with sci-tech innovation Star
- UK employers plan 4% pay rises in coming year Star
