Capital markets news | Fri 30 Aug 2024
Debt and money markets
- CIMB Bank, CIMB Islamic proposed CP programmes assigned P1 ratings RAM
- SkyWorld’s RM300m sukuk A(cg), MARC-1(cg) ratings affirmed MARC
- Khazanah raises USD1b from sukuk, bond offering Edge NST Star
- Axiata offers USD200m to buy back 2050 medium-term notes Edge
- Treasury yields rise after resilient data suggests measured Fed Edge
Mergers and acquisitions
- KIP REIT buys 4 industrial properties for RM98m Edge Star
- AmanahRaya REIT buys Shah Alam private education asset for RM31.4m Star
- New World received USD1.2b offer for Hong Kong mall Edge
- Nippon Steel woos union with USD1.3b investment for US Steel takeover Edge
- ONEOK to buy EnLink stake, Medallion Midstream from GIP for USD5.9b Edge
- Nokia mobile networks assets draw Samsung interest Edge
Projects and business
- Divfex gets RM47m data centre equipment supply contract Edge
- Hong Leong Bank sets loan growth target of 6-7% for FY2025 Edge
- Binastra bags RM155m sewage treatment plant project in Sri Hartamas Edge Star
- India’s Eros to invest USD1b in AI park, film studio in Malaysia Edge Mail NST Star
- Boeing relaunches Malaysian plant making composite parts, subassemblies NST
- Google considering large data centre in Vietnam Edge NST
- Shell planning wide cuts in oil exploration division Edge
Legal and policies
- Hartalega wins breach of fiduciary duties suit against former exec director Edge
- Capital A aims to exit PN17 status by mid-2025 Edge Star
- Singapore court bins BSI Bank’s bid to strike out 1MDB’s USD394m claim Edge Star
- Indonesian app-based taxi drivers strike in protest over low pay Edge
- Republicans want to add Chinese battery maker CATL to restricted list Edge
- Yelp sues Google in wake of landmark antitrust ruling on search Edge
- California advances AI safety bill that has divided US tech leaders Edge
- Telegram CEO charged in France for crimes committed on his app Edge
