Capital markets news | Wed 27 Nov 2024
Equity
- RichTech’s ACE Market IPO underwritten by KAF Edge Star
- Winstar prices ACE Market IPO at 35 sen Edge Star
- TP TEC approved for LEAP Market listing Star
- Malaysia’s 2024 IPO mania continues Edge NST
- MBM Resources declares 22 sen special dividend Edge NST
- E&O declares 1 sen special dividend Edge NST
- Maxland secures RM14.6m via share placement Edge
- Matrix Concepts proposes 1-for-2 bonus issue Edge
- More exit pathways needed for digital economy Star
- UK’s air-taxi maker Vertical signs funding deal with Mudrick Edge
- EVTOL makers raised USD2.3b in 2024 Edge
Debt and money markets
- Westports’ AAA sukuk ratings affirmed RAM
- HCK’s RM2b sukuk programme assigned A preliminary rating MARC
- Onus on banks to prevent misuse of green loans Star
- Philippine firms manage debts with new peso interest rate swaps Star
- Fitch puts some Adani bonds on negative watch Edge NST
- Rivian wins preliminary approval for USD6.6b federal loan Edge Yahoo
- S&P lowered Panama by a notch to BBB- Yahoo
Digital assets
- 3 reasons why bitcoin risks falling below USD90k Coindesk
- UK financial regulator aims for crypto regime by 2026 Coindesk
- Morocco drafts regulations for crypto Coindesk
- Brazil’s congress weighs bitcoin reserve Cointelegraph
- Ex-Binance CEO urges building of real blockchain applications Cointelegraph
M&A and property
- Boustead exits Affin Bank after selling entire 20% stake Edge
- Affinity buys Malaysian, Indonesian firms for USD1.65b Edge
- Forced sale of mall space no cause for concern Star
- Mara bought overvalued properties in London, Melbourne Edge
- SingPost in exclusive talks over divestment of Australian assets Edge
- Japan PM Ishiba urges Biden to approve Nippon-US Steel deal Edge
- Anglo to sell Australian coal business in USD3.8b deal Star
- Qualcomm’s takeover interest in Intel has cooled Edge NST
- Banco BPM to discuss USD11b takeover bid by UniCredit Edge
Malaysian financial market news
- MyData, One Future registered as credit reporting agencies Edge
- Cuba mulls biotech, pharma partnership with Malaysia Edge
- Tax incentives needed for sustainable aviation fuel hub Edge Mail Star
- Johor super lane set to launch NST
- Digital economy to reach USD31b Edge NST
- PDC rejects RM818m IJM bid to develop Batu Kawan park Edge
- FIMM reprimands former consultants for misconduct Edge NST
- Cooperatives Act amendments to be presented to cabinet in Dec NST
- Job market set for major shift with new policies, investments NST
- SMEs need to swiftly integrate ESG practices into business operations Star
- Asean stock exchanges to work on centralised ESG data infrastructure Star
- Rising costs of transition to sustainability impacting economy, SMEs Edge
Other financial market news
- Singapore factory output rises at slower pace of 1.2% in Oct Star
- Singapore trader pleads not guilty to USD1.1b fraud Edge
- Investors say they know how to trade Trump 2.0 Star
- Thailand’s auto manufacturing down 20% Star
- Vietnam parliament curbs tax breaks for e-commerce giants Edge
- Bulgaria invites VinFast to invest Mail
- Huawei drops Android from gadgets next year Edge NST
- Xiaomi preparing own mobile chip Edge
- BYD will launch new generation of blade batteries next year Edge
- Ex-BOC chairman gets suspended death sentence for illegal loans Edge
- China revises photovoltaic manufacturing industry standards Star
- Customers front-load orders before Trump tariffs Star
- Beijing, EU aim to resolve tariffs dispute Star
- Japan competition authorities raid Amazon Japan NST
- Japan’s corporate service inflation remains steady Star
- Trump vows new Canada, Mexico, China tariffs Edge Mail NST Star Yahoo
- US finalises USD7.86b chips manufacturing award for Intel Edge
- US oil and gas firms unlikely to radically increase production Edge
- US-based travel companies plan layoffs ahead of 2025 Edge
- Wells Fargo asset cap likely to be lifted next year Edge
- Macquarie fined by UK after metals trader books false trades Edge
- Many British firms set to cut jobs after tax hikes Star
- Thyssenkrupp to cut 11k jobs at steel division Edge
- EU proposes to sanction Chinese firms aiding Russia’s war Edge
- Opec+ begins talks on delaying oil production restart again Edge
