Capital markets news | Wed 5 Jun 2024
Equity
- Bursa dismisses Serba Dinamik’s final appeal, delisting today Edge NST
- Foreign investors net sold RM1.24b Malaysian equities Edge Mail NST Star
- AHAM Capital launches biotechnology fund Star
- Modi’s slim victory wipes USD45b off Adani stocks Edge Mail
- Stocks, commodities turn risk-off with US economy jitters Edge
- Hedge fund Dymon expands Hong Kong office Edge
- Chinese stock rebound sparks rush of companies to raise funds Edge
- Fast-fashion giant Shein eyes London IPO Mail
- World stocks up as investors eye ECB rate cut NST
- Bankrupt trucker Yellow may start new REIT using empty terminals Star
Debt
- Thai SMEs facing problems accessing credit Star
- Creditors sue Chinese developer’s shareholder over keepwell provision Edge
- Australia’s AUD7b 10-year bond mark start of sovereign green yield curve Star
- US-based Planet Fitness in USD800m whole business securitisation Star
- Global bond rally wavers with jobs data next hurdle for Fed path Edge
- Thames Water’s banks tap Perella before potential debt talks Edge
- Eurozone yields edge up after falling the day before, ECB in focus Mail
- EU banks begin dealing with commercial real estate green risk Star
Mergers and acquisitions
- AEON buys 2 Seremban land parcels for RM103m to build a mall Edge
- Country Heights invites bid for Mines assets amid MBSB litigation Edge NST
- Qatar sovereign fund buys 10% of China Asset Management Edge
- Vivendi’s offer to buy South Africa’s MultiChoice opens today Edge
- Germany sells EUR2.5b Deutsche Telekom shares Edge
- Blackstone to buy 1,750 homes from Vistry worth GBP580m Edge
- Ellison’s Paramount offer includes USD15 per non-voting share Star
Projects and business
- Datasonic gets 5 contract extensions worth RM182m Edge NST Star
- Inta Bina secures RM111m construction job from Gamuda Land Edge Star
- Northport container throughput up 27% in May Edge NST Star
- Port of Tanjung Pelepas handled 1.08m TEUs in a month Edge Star
- Pertama Digital, government formalising contract for eJamin Edge
- MHB secures RM1.5b subcontract for Dutch wind offshore substation Edge NST Star
- ITMAX appointed to operate Iskandar Puteri smart parking for 15 years Edge NST Star
- Kimlun bags Shah Alam construction contract worth RM234.3m Edge NST Star
- Cargill stops trading steel in China after years of slowdown Edge
- HSBC to open 3 wealth centres in Singapore by 1Q2025 Edge
- TSMC says impossible to move fabs out of Taiwan Edge Star
Economy and market news
- Positive outlook for power sector as energy transition gains momentum RAM
- Malaysia should raise retirement age with people living longer Edge
- Pension framework needs multiple programmes for layered income Edge
- Malaysia’s purchasing managers index up to 50.2 in May Edge Mail Star
- Short-term interbank rates end stable on BNM operations Mail
- EV, data centre, AI drive semiconductor demand in Malaysia NST
- Malaysia, UAE to sign FTA this year NST Star
- EPF studying approach to serve 4m informal sector workers NST Star
- Singapore unlikely to draw large data centre investments Star
- China gears up support to accelerate smart-car development Star
- Calls for a massive property stabilisation fund in China Star
- India’s May palm oil imports reach 4-month high after price drop Mail
- US manufacturing slump stretches into May Mail
- High financing costs pressure eurozone firms to restructure Star
- Oil falls 1% on worries of supply rising later in 2024 Star
