Capital markets news | Fri 11 Oct 2024
Equity and property markets
- Autoris soars 400% on LEAP Market debut NST Star
- Sarawak Cable suspended pending judicial management order Edge
- Asean-BAC outlines 2025 initiatives including Asean IPO Edge Mail Star
- Cash equities business is key to SGX strategy Edge
- PBOC launches USD70.6b swap facility to boost market liquidity Mail Star
- India’s regulatory reform to hasten IPO of Indian start-ups Edge NST
- Adani flagship plans USD500m share sale Star
- OpenAI chairman’s startup raising funds at USD4b value Edge
Debt and money markets
- SeaMoney’s Poseidon senior MTN AA2 rating affirmed RAM
- Cagamas’ RM80b MTN programmes assigned AAA rating RAM
- OSK’s sukuk, MTN AA ratings affirmed MARC
- Berkshire’s JPY282b bond fuels Japan investment hopes Edge Star
- Japan’s insurers back into bonds Star
- Bond traders nix Fed cut bets ahead of US inflation data Edge
Mergers and acquisitions
- Public Bank buys 44.15% of LPI for RM1.72b Edge Mail NST Star
- SHH Resources buys 51% of health foods firm Food Wise Edge
- AREA buys 30-acre land in Kedah to build data centre Edge
- China sets terms for merger to create USD226b brokerage Edge
- Life insurance broker Charles Monat considers sale Edge
- Japan’s Seven & i restructures to thwart takeover bid Mail NST
- Unilever exits Russia with sale of business to Arnest Edge
Projects and business
- KJTS gets RM12.3m subcontract for Selangor data centre job Edge Star
- Solarvest gets RM104m solar PV job Star
- Bursa mulling used cooking oil futures on biofuel demand Edge
- Leader Energy, Plus Xnergy to deploy Malaysia’s 1st BESS NST Star
- Sunway, Ho Hup awarded SGD668m mixed development project Edge Star
- Thailand eyes USD300b gas field frozen by Cambodia dispute Edge
- Roche to boost local production for Chinese market Edge
- Alibaba’s Lazada wants Armani, D&G to help hit USD100b goal Edge
- CLP, BASF, Envision sign REPPA for BASF’s Jiangsu factory Mail
- Air India orders 85 Airbus jets Edge
- HSBC mulls USD300m cost-cutting by shrinking top management Mail
Malaysian economy and market news
- Malaysia increasingly attractive to foreign investors Star
- Chinese companies set up facilities in Johor’s RE Industrial Park Edge Star
- Malaysia’s palm oil stocks hit 8-month high as consumption slows Edge NST Star
- 600k workers in Malaysia need training for new economy roles Edge
- Selangor to exempt development charges for affordable housing Edge
- Penang’s infrastructure playing catch-up with its industrial boom Edge
- Bolstering Malaysia’s role as an export hub in the region Star
Foreign economy and market news
Legal and policies
- Data centre planning guidelines approved by Cabinet Edge
- Norges Bank stops observing Supermax over human rights Edge NST Star
- EA Technique charts path out of PN17 Mail
- Adapting to a future with carbon tax, pricing Star
- Indonesia president-elect’s advisers reviewing sugar import tax Edge
- Xi’s graft crackdown ensnares record number of senior officials Edge
- Crypto firms charged with market manipulation in US sting Edge
- Sibanye loses UK suit over cancelled USD1b Brazil mine deal Edge
- EU’s Michel to meet Chinese PM as trade row festers Star
- Private equity billionaires seek to torpedo EU talks Star
- When a corporation can be held criminally responsible Edge
