Capital markets news | Wed 13 Mar 2024
Equity
- Short selling of CTOS shares suspended by Bursa Star
- CTOS Digital has licenses for credit rating scores NST Edge
- Short selling of Microlink shares suspended by Bursa Star Edge
- 99 Speed Mart files for IPO NST
- Alpha IVF IPO oversubscribed 2.73 times Mail Star Edge
- Renewed boardroom tussle at South Malaysia Industries Edge
- China’s first two consumption-related REITs close flat in Shanghai debut Edge
- China’s champion gymnast Li Ning considers taking company private Edge
Debt
- Sand Town to use Bank Islam’s RM91.5m financing for 29.99MW solar project Star
- Sapura Energy’s standstill period for financiers extended until 10 Jun Edge
- China Vanke’s bonds eased after Moody’s starts ratings review Star Edge
- South Korean banks misrepresented China equity-linked notes Star
- Coinbase Global plans to offer USD1b convertible notes Edge
Mergers and acquisitions
- Robert Kuok’s company buys Seletar Mall in Singapore for RM1.93b NST Edge
- HexTech sells Klang land for RM8.8m Star
- Unitrade buys two-acre land for RM7.8m Star Edge
- Murdoch’s News Corp eyes joint Telegraph bid with rivals Star Edge
Projects and business
- HeiTech Padu bags RM13.1m extension for MYIMMS maintenance contract NST
- SCIB’s RM97.75m contract with Landasan Kapital terminated Edge
- Swedish heat pump startup plans to wean Europe off gas Star
- Pentagon scraps plan to spend USD2.5b on Intel grant Edge
- BYD to outshine all competitors with more efficient model Edge
- Standard Chartered’s head of investment banking Cooper to leave Edge
Economy and market news
- Malaysia’s IPI rebounds to 4.3% in Jan NST Mail Star
- Manufacturing sales value rebounds with 3.2% growth in Jan Mail
- Gasoline and shelter costs lift US Feb consumer prices Mail
- Vietnam trade surplus may reignite US tensions if Trump returns Mail
- France plans new measures to lure private equity, bankers to Paris Edge
