Capital markets news | Fri 14 Jun 2024
Equity
- SNS Network’s listing transferred to Main Market Edge Star
- SC urges firms to adopt corporate VC strategy Edge
- FTSE4Good Bursa adds 12 new counters Edge Star
- Careplus plans RM10.6m private placement for EV manufacturing hub Edge
- Shein steers tough course in pursuit of London IPO Edge Mail
- South Korea keeps short-selling ban Edge Star
Debt
- Westin Hotel ABS assigned preliminary ratings RAM
- Grand Sepadu’s AA- rating outlook revised to positive MARC
- Social finance a way forward to narrow economic disparities Edge Mail
- BNM to overhaul SME fund to boost automation, digitalisation Mail Star
- FIs should fund New Industrial Master Plan 2030 Mail
- Risky companies use leveraged loans to lower margins Edge
- Blackstone shelves USD1.3b commercial mortgage bond deal Edge Star
Projects and business
- Sunview secures large scale solar project in Uzbekistan Edge Star
- TH Plantations, UEM’s Cenergi to develop Johor biogas power plant Edge
- Cabnet unit bags RM46m sub-contract works Edge Star
- Khazanah’s MTDC to invest in firms supporting Johor data centres Edge Star
- EPF able to increase domestic investments Edge
- SWCorp to cut foreign workers to 25% in 5 years Mail
- Perodua plans East Coast spare parts hub Star
- NV Energy to supply geothermal electricity to Google data centres Edge
- Ant Group spends record USD2.9b on research Edge
- DBS eyes USD370b in wealth assets by 2026 Edge
- Wells Fargo fires over a dozen for simulating keyboard activity Edge
- Disney, Florida strike USD17b deal after dispute settled Mail
Economy and market news
- KL’s tech startup ecosystem generated over RM220b value Edge
- BNM, Asean central banks agree on goals for regional payment platform Edge Star
- Digital Penang aims to create 500 start-ups by 2030 Edge
- Affluent Malaysians most invested in financial products Edge Star
- Opec sees no long term peak oil demand Mail
- US weekly jobless claims hit 10-month high, PPI falls 0.2% Mail Star
- Chinese banks in Russia stopped dollar, euro trade settlements Mail
Legal and policies
- SC launches 1st practical guide on VC, PE Edge Star
- Genisys and UEM seek removal of UEM Genisys liquidators Edge
- Bills for Mavcom-CAAM merger to be tabled in next Parliament Edge
- BTM Resources directors resign over material transactions Edge
- BNM to enhance fair treatment of financial consumers framework Mail
- Thailand cracks down on mule accounts after USD1.6b lost Edge
- China hopes EU will reconsider EV tariffs Mail
- China has right to file WTO suit over EU electric car tariffs Mail
- Chinese firms can request investigations into imports from EU Mail Star
- South Korean companies buy less Russian naphtha Star
