Capital markets news | Fri 29 Aug 2025


Do you know?

RAM’s sustainability rating comprises 2 major components: (1) environmental social and governance (ESG) rating – measures how well a company manages its sustainability risk and (2) positive impact rating – measures how well a company creates a positive impact on the environment and society through its products or services.

Equity

  • JS Solar starts accepting applications for ACE Market IPO at 31 sen Edge Star
  • IT firm OGX files draft prospectus for ACE Market listing Edge
  • M&E engineering firm Kee Ming plans ACE Market IPO Edge
  • RedPlanet eyes transfer to ACE Market to boost growth, liquidity Edge
  • Winstar plans 41.45m shares special issue to comply with Bumiputera equity Edge
  • M&A Equity to place out 14.3% shares to comply with Bumiputera equity Edge
  • Pestec secures Bursa waiver from being classified as PN17 company Edge Star
  • CapitaLand is set to be first foreign firm to list China REIT Edge
  • TikTok owner ByteDance sets valuation at over USD330b as revenue grows Edge NST
  • Chery near Hong Kong listing as billion-dollar IPOs return to city Edge
  • Lynas to raise AUD750m, eyes expansion of Malaysian ops Edge Mail Star
  • Trump-backed American Bitcoin aims to start trading in Sep Edge Coindesk
  • Trump Media partners with Crypto.com on crypto treasury company Edge
  • Startup raised USD50m to allow trade with bitcoin-grade security Coindesk
  • Startup M0 raises USD40m Series B as VCs pile into stablecoins Coindesk
  • aPriori raises USD20m to bring high-frequency trading tools on-chain Coindesk

Debt

  • OCBC Malaysia’s AAA rating affirmed RAM
  • Air Selangor’s RM20b sukuk programme AAA, P1 ratings affirmed RAM
  • PNBMV’s sustainable finance framework assigned Gold impact assessment MARC
  • PNB Merdeka Ventures’ RM6b sukuk assigned AAA rating MARC Edge Mail Star
  • Maybank issues RM1.8b subordinated sukuk under RM30b programme Edge Star
  • Malaysia Debt Ventures approves RM122.65m under NETF Edge Star
  • JD.com seeking loan for EUR2.2b bid to buy Germany’s Ceconomy Edge
  • Alibaba seeks to refinance USD6.5b bank loan due next year Edge
  • Trump’s Fed gamble risks pushing key bond rates even higher Edge
  • US 30-year bonds extend 2025 slide on Fed threat Edge
  • UK bond yields near 1998 high, adding to pressure on govt Edge
  • French govt collapse most likely outcome, negative for ratings Edge

Digital assets

  • Former PBOC chief Zhou pushes back against China stablecoin idea Edge
  • Crypto firms that left US can operate as foreign boards of trade Coindesk
  • Bitcoin undervalued versus gold as volatility collapses Coindesk

M&A

  • Axiata’s asset sales face delays amid unfavourable market conditions Edge NST Star
  • IJM CEO confirms bid for PNB’s highway assets Edge NST
  • Temasek unit, Nexus ink deal to acquire stakes in Post Advisory Edge
  • US dealmakers top USD1t in M&A with busiest Aug since 2021 Edge

Malaysian

  • Carry trade opportunity opens in Malaysia on rate-cut calls Edge Star
  • PPI records slower decrease of 3.8% in Jul Edge
  • Investments from BRICS countries hit RM8.54b in 1Q2025 Edge NST Star
  • E-commerce revenue at RM625b in 1H Edge
  • Johor data centres’ operating capacity can reach up to 5,000MW in 2029 Edge Star
  • Penang’s approved manufacturing FDI up 150% to RM12.5b in 1H Edge NST Star
  • Parliament passes landmark Gig Workers Bill Edge

Other markets

  • Singapore’s UOB seeks more yuan as Southeast Asia usage soars Edge
  • Danantara and China’s GEM to develop nickel processing hub in Indonesia Edge
  • Philippines’ BSP says nearing end of easing after latest cut Edge Star
  • China’s carbon market to introduce absolute emissions caps from 2027 Edge
  • Mitsubishi exits offshore wind sites in blow to Japan’s transition Edge
  • South Korea keeps rates unchanged on debt risks, flags US headwinds Edge Star
  • India considers halting shadow banks from duplicating business Edge
  • Australia’s consumer prices spike in Jul as electricity costs surge Edge
  • Behind Trump’s bid for Fed dominance lies a dangerous debt idea Edge
  • US pending home sales fall more than expected in Jul Edge
  • US home prices increase at slowest rate since 2023 Edge
  • US economy expands at revised 3.3% rate on stronger investment Edge
  • US core capital goods orders rise, exceeding all forecasts Edge
  • US weekly jobless claims fall amid low layoffs Edge
  • US consumer confidence falls slightly on job, income concerns Edge
  • UK services firms are still in the doldrums NST
  • German labour costs higher than in other industrialised countries Edge
  • EU struggles to find takers for hydrogen money, curbing rollout Edge

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