Capital markets news | Tue 16 Jul 2024
Equity
- KAF underwrites Elridge Energy ACE Market IPO Edge Star
- Autoparts maker KHPT gets approval for ACE Market IPO Edge NST Star
- TMK Chemical files for Main Market IPO Edge
- PTT Synergy proposes 1-for-1 bonus issue Edge
- Foreign investors net buy RM478.2m equity last week Edge Mail NST Star
- Foreign investors inflow surges to USD598m in 1Q Edge Star
- PitchIn launches its 1st IEO, secondary market for ECF Edge
- Temasek to invest USD12b in India, cautious on China Edge Star
- BlackRock assets hit USD10.6t on ETF flows, bull market Edge
Mergers and acquisitions
- PMB Technology sells Klang land for RM79m Edge Star
- MISC could take a substantial stake in Bumi Armada Edge
- Econframe aborts acquiring 70% of industrial property builder Edge
- OCBC to accept Great Eastern shares for 3 more months Edge
- Temasek buys into private credit fund ADM Capital Edge
- Macy’s ends discussions with Arkhouse and Brigade Edge
- Cleveland-Cliffs buys Canadian steelmaker Stelco for USD2.8b Edge
- Alphabet in talks to buy Wiz for USD23b Edge
Projects and business
- Citaglobal, Shanghai SUS develop green projects in Pahang Edge Star
- WCT clinches RM214m Kwasa Land construction contract Edge NST Star
- UUE gets RM27m underground cable contracts Edge NST Star
- Datasonic gets 10-year passport extension Edge NST
- Indonesia’s Bukit Asam converts coal into battery parts Edge
- SK On in talks to supply prismatic batteries Star
- Goldman Sachs profit jumps with investment banking up 21% Star
- OpenAI working on new reasoning technology Star
- Company launches new lithium extraction technology in the US Star
Economy and market news
- Bursa, Pribumi launch world’s 1st zakat index Edge NST Star
- Palm oil to rise in 2H as La Nina poses supply risk Edge
- Indonesia’s Jun trade surplus is smallest in 4 months Star
- Challenge for Indonesia to earn USD8b from durian exports Star
- China’s GDP grew 4.7% in 2Q Mail Star
- Recent US data raise confidence inflation heading to 2% Edge
- US importers balk at USD10k container shipping rate Edge
- Audit office tells France to reduce deficit Mail
- Global smartphone market grew 6.5% in 2Q Edge
- Semiconductor revenue growth down 24% in 1Q2025 Edge
Legal and policies
- Ex-company director pleads not guilty to misappropriation Edge
- Shareholder sues Techbase, YB over SMI share manipulation Edge
- China asks WTO for panel on US EV subsidies dispute Edge
- Italy, Spain back EU tariffs on China-built EV imports Edge
- How regulators are using banks to illuminate shadow banks Edge
