Capital markets news | Fri 5 Jul 2024
Equity
- Ocean Fresh ends ACE Market debut up 175% Edge NST Star
- SC warns public on pre-IPO investment scams Edge NST Star
- WCT REIT to include Aeon Bukit Tinggi, Subang Skypark, 3 hotels NST
- Indonesia’s solar startup Xurya gets USD55m for global push Star
- Australia’s pension funds snub hedge funds over costly fees Edge Star
- AI deals lift US VC funding to highest in 2 years Star
- Abu Dhabi’s Alterra fund readies new round of allocations Star
Debt
- Eastspring sees multi-year high Asian bond yields as attractive Edge
- Hanoi green bond market hit USD800m in Mar Star
- Indonesia to reinstate SME loan restructuring effort Star
- PBOC signed with ICBC, talking to Postal to borrow bonds Star
- Softbank discussed USD10b energy project funding with banks Edge
- US banks’ commercial real estate loan worries linger Edge
- Commercial real estate loans in focus with First Foundation fundraising Star
- US corporate lenders are locking down protection Star
- Chile taps global debt markets with USD1.7b 7-year bonds Star
Mergers and acquisitions
- NTT’s bid to delist GHL crosses 90% threshold Edge Star
- Aramco, Adnoc weighing bids for Australia’s Santos Edge Star
- Saks owner nears USD2.65b Neiman buy Star
- Vista Equity to hand over Pluralsight to creditors Star
- Cash-rich energy traders are snapping up refineries from Big Oil Edge
- Bain, Cinven weighing joint bid for USD20b Sanofi unit Edge
- Lufthansa to consider raising stake in ITA to 90% Edge
Projects and business
- Princeton delivers 52MW Phase 1 of Johor data centre NST
- Toyo’s Song Hau 2 power plant project in Vietnam terminated Edge NST Star
- Keyfield wins RM40m accommodation workboat contracts from Hess Edge NST Star
- Awantec bags RM26m cloud solutions contract from MOE Edge NST Star
- RTS Link cost rises 29.9% to RM5.24b Edge
- Ekovest pays adviser with PLS shares Edge
- Khazanah advised to review i2M Ventures Edge
- China’s CICC eyes Malaysia, Southeast Asia expansion Edge Star
- Foxconn to invest USD551m in 2 north Vietnam projects Edge
- China’s BYD opens EV factory in Thailand Edge Star
- Nissan, Honda consider partnering on software, charging infra Edge
- Amazon to build high-security data centre for Australia Edge
- Tesla not likely to proceed with India investment Edge
- France’s Eramet targets Nov start at Argentina lithium plant Star
- BASF pulls plug on potential investments in Chile lithium mine Star
Economy and market news
- The 3 pillars that Malaysia needs to improve Star
- CPO reserves at 4-month high on low demand Star
- Malaysia, Thailand target USD30b bilateral trade by 2027 Star
- 5G-driven smart factories to contribute RM36.8b to GDP Star
- World Bank, Barclays revise China’s GDP growth to 4.8%-5% Star
- Global oil outlook faces challenge as China softness surfaces Edge
- Australia retail sales up 0.6% in May, more than expected Star
- US Fed officials stressed patience on rate cuts Mail
- Brent crude trades above USD87 a barrel Star
Legal and policies
- Mudajaya ex-staff appeals RM43.6m court order over misappropriation Edge
- DASH subcontractors claim RM100m outstanding from Prolintas Edge NST
- Bursa grants Barakah extension until 31 Oct Star
- Companies postpone cutting China ties ahead of Biosecure Act Edge
- Adani probe focus shifts to Kotak Star
- EU imposes 38% tariffs on Chinese electric cars Mail
