Capital markets news | Tue 23 Apr 2024
Equity
- Keyfield closed at 114% premium to IPO price Edge Star
- Malaysia, SE Asia attractive destinations for venture capitalists Edge Star
- Norges Bank a substantial shareholder of CPE Tech with 5.45% Edge
- Malaysia needs more start-ups, high-tech companies listed on Bursa Edge
- RHB launches JPMorgan-managed equity fund Edge Star
- Capital A hired AmInvestment Bank for USD400m private placement Edge
- Foreign funds sold RM1.59b equities last week, 4-year high Edge Mail NST Star
- SC to introduce VC Golden Pass to streamline venture capital registration Mail Star
- Malaysia aims to attract global unicorns via Unicorn Golden Pass Star
- China state fund pours USD41b into stock market in 1Q Edge Star
- Vietnam to launch new stock trading system to upgrade market Edge
- Travel firm Viking targets USD10.8b valuation in US IPO Edge
Debt
- Foreign buying of MGS and GII in March likely short-lived RAM
- Fasset partners with MBSB on digital asset solutions Mail
- Malaysian banks stand firm against external headwinds Mail Star
- Government allocates RM100m for agro-food cooperatives Mail
- JPMorgan’s Dimon met global development banks seeking private money Edge
- Pemex expected to refinance bonds by next year Star
Projects and business
- Sunview to set up JV with Saudi company for RE projects Edge Star
- Biofuels refiner Ecoceres Malaysia to start up in 2H2025 Edge
- Malaysia announces largest integrated circuit design park in SEA Edge
- InvestSarawak, Toyo in MOU on energy project investment Edge
- Sarawak’s 2 new deep sea ports in Kuching and Miri approved Star
- Iris Corp forms JV to set up offshore company in Sri Lanka Edge
- Portugal’s Galp finds 10b barrels of oil off Namibia Mail
- First autonomous truck to operate on German motorway NST
Economy and market news
- SC, USM collaborate to cultivate fintech talents Edge Star
- Malaysia’s international reserves down 0.4% to USD113.4b on 15 April Edge NST Star
- NIMP 2030 to accelerate net FDI inflow into Malaysia Mail
- Malaysia’s trade to improve in 2024, fuelled by electronics exports NST
- HK bankers face more job cuts on China slowdown, high pay Edge
- New EU spending rules bring back debt discipline focus Mail
- China indispensable to global supply chain Star
- China foreign trade to stay resilient this year Star
Legal and policies
- Awantec files appeal against trading suspension Edge
- Maybank appoints receiver for port dredger Integrated Marine Works Edge
- Lim Kok Boon ordered to pay over RM1m to SC for insider trading Edge Star
- Bursa queries HHRG’s RM40m deal over former Kedah-owned land Edge
- MAS bans former Manulife rep 12 years for cheating Edge
- Chile slaps tariffs on Chinese steel to bolster local industry Edge
- Swiss central bank ups reserve requirement from 2.5% to 4% Mail
- Apparel retailer Express files for US bankruptcy protection Star