Capital markets news | Thu 13 Jun 2024
Equity
- Johor Plantation’s Main Market IPO to raise RM735m Edge NST Star
- Go Hub’s ACE Market IPO to raise RM37.5m Edge Star
- Ocean Fresh’s ACE Market IPO to raise RM14.01m Edge Star
- Kenanga’s Eq8, Yayasan Waqaf to launch 1st waqf ETF on Bursa Edge
- Main Market ESG ratings by year-end, ACE Market by 2025 Edge
- Malaysia’s VC industry lags behind Singapore’s by RM8b NST
- LYC Medical’s Singapore Exchange IPO aborted Star
- Challenging year for private equity in Southeast Asia Edge
- UK property trust pulls London IPO after demand falls short Edge
- US mega-cap stocks are overvalued, risk big correction Edge
- GameStop raises USD2.14b amid Roaring Kitty frenzy Edge
- Aeromexico investors seek USD500m IPO Star
- Private equity’s lost generation on higher rates Star
Debt
- Manjung Island Energy’s sukuk AAA rating affirmed RAM
- Trusmadi Capital’s Issue 1 MTN, CP ratings affirmed MARC
- CIMB to finance SPD Tech Valley Industrial Park investors Edge
- Taiwanese insurers are selling record amounts of riskier debt Edge
- SoftBank’s bond underwriting fee drops for 1st time in decade Edge
- Japan’s govt bonds underperform due to unpredictable BOJ Edge
- Blue Owl says USD1.7t private credit market is resilient Star
Projects and business
- Singtel in talks to build data centre in Johor Edge
- Iqzan secures project worth RM143m Edge Star
- BHIC wins RM1.1b navy submarine service contract Edge Mail NST Star
- Ecoscience gets RM61.8m palm oil plant construction contract Edge Star
- Petra Energy gets LOA from Petronas for Banang late life asset PSC Edge NST
- EPF’s investment assets grew to RM1.19t in Mar Edge
- MOT ends Integrated Marine Works’ 15-year port dredging concession Edge
- Proton to launch 5 EV models under e.MAS brand Edge NST Star
- HSS Engineers bags RM21m water treatment plant project Star
- ByteDance to cut 450 jobs in Indonesia after Tokopedia deal Edge
- New Zealand pharma firm to invest RM300m in Negri Sembilan Edge Mail
- Abu Dhabi’s Adnoc made FID for 9.6mtpa LNG export terminal Edge
- MediaTek designs Arm-based chip for Microsoft’s AI laptops Edge
- Strikes force mill shutdown at Australia’s largest sugar maker Edge
- Tesla presses EU for lower tariff on EVs shipped in from China Edge
- Databricks launches AI graphics competitor to Salesforce, Microsoft Edge
- US bus company Coach goes bankrupt after drop in ridership Edge
- Freeport-McMoRan looking for ways to expand copper production Star
Economy and market news
- Malaysian corporates hold USD190b foreign liquid assets abroad NST
- Malaysia’s wage stagnation and productivity issues Star
- Malaysia’s domestic tourism expenditure surged 25.3% in 1Q Star
- China consumer prices up in May, factory deflation persists Mail
- Bank of Korea calls for balance in considering rate cut Star
- US Fed holds interest rates, expects 1 cut this year Mail
- US consumer inflation falls ahead of Fed interest rate decision Mail
- US home-purchase applications rise 1st time in 5 weeks Edge
- US healthcare spending rises to USD4.8t in 2023 Edge Mail
- ECB to cut rates further if there’s progress on inflation Star
- World will amass major oil surplus by 2030 Mail
Legal and policies
- YNH appoints UHY to review JV, turnkey contracts Edge Star
- Bill on carbon trading to be tabled in Parliament by year-end Edge
- Economist calls for buoyancy, reforms in Malaysia’s tax system Mail
- China ready to defend interests as EU tariffs on EVs loom Edge Mail
- Japan mulls sanctioning firms for aiding Russia Edge NST
- US to widen sanctions to curb chip sales to Russia’s war machine Edge
- US House committee finds Wall Street colluded to curb emissions NST
- Theranos founder seeks to overturn fraud conviction Edge
- EU to slap tariffs of up to 48% on EV imports from China Edge
- UK’s FCA restricts fintech owned by Uruguay’s 1st billionaires Edge
- G7 to set up semiconductor group to coordinate supply chains Edge
