Capital markets news | Fri 13 Dec 2024
Equity
- TMK Chemical closes 9% higher on Main Market debut Edge Star
- Oriental Kopi’s ACE Market IPO underwritten by Alliance Edge Star
- Dataprep proposes RM30.2m private placement Edge
- Kerjaya Prospek to redeem RM292m preference shares Edge
- Gamuda pays five sen dividend Edge
- Bain invests USD157m in Indonesia’s Mayapada Edge
- Huawei’s EV partner Seres mulling Hong Kong listing Edge
Debt and money markets
- Samaiden’s sukuk assigned A1, P1 ratings RAM
- Credit Guarantee Corporation’s AAA rating affirmed MARC
- MARC seeks feedback on evaluating data centre developers’ credit strength NST
- Moody’s affirms Axiata’s Baa2 rating amid XL-Smartfren merger Edge
- Fitch affirms Malaysian Reinsurance’s credit rating at A Edge
- HSBC, IFC launch USD1b trade finance for emerging markets Edge
Digital assets
- Starboard pushing bitcoin miner Riot to convert sites into data centres Coindesk
- Ether headed to USD5k as institutional demand grows Coindesk
- Avalanche raises USD250m amid layer-1 blockchain major overhaul Coindesk
- Solana the biggest draw for new crypto developers in 2024 Coindesk
- Disintermediation can lower cost of tokenised bonds Cointelegraph
- Why comparing bitcoin to gold could be a major mistake Yahoo
- Ray Dalio encourages investors to embrace bitcoin over debt Yahoo
M&A and property
- Paramount buys land, condo in Kuala Lumpur for RM145m Edge Star
- KIP REIT completes acquisition of Cyberjaya’s D’Pulze Edge Star
- AmanahRaya REIT completes Glenmarie education asset acquisition NST Star
- Temasek deal values U Mobile at USD1.7b Edge Star
- Shanghai pushes M&As for high quality economic growth Star
- Hong Kong’s USD38b year for M&A sparks rare bidding wars Edge
- Korean Air’s USD1.3b acquisition of Asiana Airlines completed Edge Mail
- Bain offers to buy Australia’s Insignia in USD1.7b deal Yahoo
- Warner Bros plans split aiming for potential cable deal Edge
- Warburg nears deal for United Trust Bank minority stake Edge
- Next Intel leadership to decide whether to break up company Yahoo
Malaysian financial market news
- Malaysia to become regional leader in sustainable aviation fuel Edge
- RM6b sustainable aviation fuel refinery to be built by Samsung Edge
- Govt fine-tuning Petronas, Petros gas distribution Edge Star
- Sabah awards LSS projects with 199MW capacity to 15 bidders Star
- Malaysia launches National AI Office for policy, regulation Edge
- YTL Power releases large language model Ilmu 0.1 Edge Star
- Penang is leading medical tourism hub in Southeast Asia Edge
- National Franchise Policy to be presented to Cabinet today Edge
- Parliament committee pushes for China REE tech transfer Mail
- First export of MSNR-compliant rubber to the European Union NST
- Impact of increase in palm oil import tax by India is temporary NST
Asian financial market news
- US slams Jakarta’s hostile business policies Star
- Indonesia sets ambitious investment goal to drive GDP Star
- Vietnam eyes 6% export growth for 2025 Star
- Samsung accuses India antitrust body of unlawful detention, data seizure Edge
- Mitsubishi Electric explores power chip alliances in Japan Yahoo
- Foreign cash to emerging world to drop as tariffs threats loom Edge
Other financial market news
- Australian unemployment falls to 3.9% in Nov Star
- Australia to charge tech companies for news content if they do not pay Edge
- Class actions accuse BHP, Rio Tinto of sexual harassment Mail Star
- Trump trade adviser warns against China currency manipulation Yahoo
- US Supreme Court dismisses Nvidia’s bid to avoid securities fraud suit Edge
- Venture Global’s Plaquemines plant to produce first LNG Yahoo
- US producer price index up 3% Yahoo
- Canada proposed USD15b incentive for AI green data centres Yahoo
- Lithium-rich Bolivia lags behind in race to mine key metal Star
- F1 owner’s USD3.8b MotoGP deal faces full-scale EU probe Edge
- Europe’s rates head lower in readiness for Trump Yahoo
- European Union agreed to new sanctions targeting Russian oil Star
