Capital markets news | Tue 26 Nov 2024
Equity
- CBH Engineering’s ACE Market IPO underwritten by Mercury Edge Star
- TMK Chemical prices Main Market IPO at RM1.75 Edge NST Star
- TopVision Eye Specialist prices ACE Market IPO at 33 sen Edge NST Star
- Mpire Global unveils rights issue to raise RM13m Edge
- EPF’s 2024 shariah dividend may exceed 6% Edge
- Local investors net bought RM250.6m equity last week Edge NST Star
- Mr DIY’s Indonesian business plans IPO to raise USD297m Edge NST Star
- Indonesia bourse mulls higher IPO proceeds criteria for listing Edge
- China’s Insta360 considering Hong Kong IPO Edge
- Blackstone, EQT form USD3.5b gas pipeline venture Edge
Debt and money markets
- Maybank, banking subsidiaries AAA, P1 ratings affirmed RAM
- UOB Malaysia’s AAA rating affirmed RAM
- BPMB financing Aim Concept’s RM428m Penang hospital expansion NST Star
- Diverse issuances in Vietnam’s green bond market Star
- China builder Jinke to release onshore debt restructuring plan Edge
- PBOC injects USD124b into banking system via 1-year policy loans NST Star
- Saudi Arabia’s rating upgraded from A1 to AA3 by Moody’s Star
- US bond market halts run as buyers pounce on 4.5% yields Star
- HSBC’s asset management arm starts venture debt strategy Edge
Digital assets
- Singapore Gulf Bank to buy stablecoin payments firm Edge Cointelegraph
- Bitcoin price slips to USD93k on higher liquidations, profit-taking Cointelegraph
- Cantor Fitzgerald talking to Tether on USD2b bitcoin lending NST Coindesk
- Ether in crypto rotation as bitcoin hits USD100k sell wall Coindesk
- MicroStrategy buys 55,500 bitcoins for USD5.4b Coindesk Yahoo
M&A and property
- Affin Bank sees 27% traded in off-market deals for RM1.78b Edge
- Radium buys 13-acre land in Cheras for RM458m Edge Star
- Merger with MISC’s offshore business to boost Bumi Armada’s value NST
- Sarawak set to finalise MASwings acquisition by next month Edge
- RHB sells Thai securities unit to Phillip Brokerage for RM161.81m Edge Star
- IJM to buy 50% of UK-based JRL for RM283m Edge Star
- Nomura, Daiwa, other advisers won coveted Seven & i buyout roles Edge
- Closing arguments for US-Google antitrust trial over Chrome NST Yahoo
- Pipeline operator to buy remaining shares of EnLink for USD4.3b Star
- Atos gets EUR625m offer for assets in French bid Edge
- UniCredit makes USD11b BPM bid as Orcel drives mergers Edge
Malaysian financial market news
- Malaysia’s Sep leading index up 1.8% Star
- Short-term rates set to remain stable on BNM operations NST
- NCCP 2.0 to have wide-ranging impact Star
- Govt works with middle powers on supply chain bifurcation Edge Mail
- Hyundai to invest RM2.16b to set up plant in Kulim Edge NST Star
- Plantation Ministry confident of RM28b timber industry exports Edge
- Growing demand for private health insurance in Asean Edge
- Malaysia-South Korea free trade agreement will be finalised next year Edge
- Talent search challenged by salary demand, rising competition Edge
- Sarawak to unveil RM30b deep-sea port off the coast of Kuching Edge
- Govt to explore alternatives to RM3.5b barrierless toll system Edge
Other financial market news
- Singapore Oct core inflation hits 3-year low at 2.1% Star
- Thai medical tycoon wanted for alleged fraud flees to China Edge
- South Korea prosecutors seek 5-year jail for Samsung Elec chief Edge
- What changing US AI policy means to South Korea Star
- Goldman sees slower pace of Asia rate cuts on US tariff risks Star
- Australia to propose tax incentives for critical minerals Edge Star
- Nvidia shows AI model that can modify voices, generate novel sounds Edge
- Fed’s Kashkari says reasonable to consider rate cut in Dec Yahoo
- Intel CEO criticises delays as Biden pushes USD6.6b to TSMC Yahoo
- US charges portfolio manager Ken Leech for cherry-picking fraud Yahoo
- UK regulator fines Barclays USD51m over Qatar disclosures Edge
- UK workers face some of Europe’s greatest job stress Edge
- British industry warns tax rise will hit investment and pay Edge NST
- German business sentiment falls in Nov NST
- Norway’s USD1.8t fund sees rare political unity as key Star
- Global airfares set to rise yet again in 2025 Edge
- Taxes, curbs on new plastic could slash pollution NST
