Capital markets news | Thu 14 Nov 2024
Equity and property markets
- Life Water surges 44.6% on Main Market debut Edge NST Star
- Johor bus company HI Mobility files for Main Market IPO Edge
- MClean 49.2m shares private placement approved by Bursa Star
- United Plantations announces 1-for-2 bonus issue Edge
- Temasek invests USD50m in HSBC’s Japan-based Tekoma Edge Star
- Korea Zinc pulls USD1.8b share sale Edge
- Chinese firms target Frankfurt revival for European listings Edge
- Volkswagen boosts bet on Rivian’s EV tech by USD800m Edge Star
Debt and money markets
- Jimah Energy Ventures’ sukuk rating withdrawn upon maturity RAM
- Petronas Dagangan’s AAA, MARC-1 sukuk ratings affirmed MARC
- Scientex establishes RM1.5b multi-currency sukuk programme Edge Star
- BlackRock, MAS to lead Asia decarbonisation project financing Edge
- Automotive financier Vroom to convert USD290m debt to equity Edge
- Carlyle-backed Veritas nears USD4b debt deal Star
- Gildan looking to sell debt in Canada for the first time Star
Digital assets market
- South Korean influencer led USD232m crypto scam Cointelegraph
- Anti-Bitcoin Federal Reserve official now has an open mind Coindesk
- Crypto firms push for SEC changes Cointelegraph
- Bitcoin surges to new record over USD93K Coindesk
Mergers and acquisitions
- Pasdec sells 59.2ac Kuantan land for RM73.5m Edge Star
- Bumi Armada close to buying MISC’s offshore energy assets Edge Star
- OCBC has enough capital for M&A, business growth Edge
- Rakuten sells 15% of credit card arm to Mizuho for USD1.1b Edge
- Seven & I mulls USD58b privatisation Edge Mail NST Star
- Citigroup says it’s game on for deals in America Star
- Anglo American coal bidders down to 3 NST
Malaysian projects and business
- Uzma bags 5-year pan-Malaysia well services job from Petronas Edge Star
- Dayang gets 2 more pan-Malaysia services contracts Edge Star
- Bumi Armada’s FPSO gets RM331m contract extension Edge
- Aizo clinches RM24.1m job for residential infrastructure Edge NST Star
- Kulim Hi-Tech Park to double area to 12k acres Edge
- China’s SBH Kibing inks RM7.2b deal for Sabah solar glass plant Mail Star
- Proton unveils assembly plant in Egypt NST
- UK-based business software firm Access plans to create 1k jobs NST
- Gamuda, IJM likely RM6b flood tunnel job winners Star
Foreign projects and business
- Singapore ecommerce platform Qoo10 being wound up Star
- Indonesian hotels wary of nickel mining in Raja Ampat Star
- BNP lays off a dozen China dealmakers amid fee plunge Star
- SoftBank plans supercomputer with Nvidia Blackwell chips Edge
- Saudi Arabia replaces CEO of troubled Neom project Mail
- Australia’s Mineral Resources shuts Bald Hill lithium mine Star
- AMD cutting 4% of workforce to focus resources on AI Edge
- 23andMe cuts 40% of workforce, discontinues therapy development Edge
- Chinese battery giant CATL would build US plant if Trump allows it Edge NST
- Southern mulls extending coal plant to meet demand Star
Foreign economy and market news
- Flights cancelled to and from Indonesia’s Bali due to volcanic ash Edge
- China unveils tax incentives to revive struggling property sector Edge Star
- China taps global bankers for advice on economy Star
- Asia-Pacific will need 19,500 new aircraft by 2043 Edge
- Supply chain mishaps cloud otherwise rosy Asian aviation prospects Edge
- US monetary policy still restrictive NST
- Brazilian central bank steps into currency market amid real sell-off Star
- Airline CEOs slam OEMs for ongoing supply chain woes Edge NST
- Rising global carbon emissions to peak soon Star
- Global EV sales up 35% in Oct Star
