Capital markets news | Wed 24 Apr 2024
Equity
- HHRG plans RM18.14m private placement for working capital Edge
- Topmix surges 32% on ACE Market debut Edge Edge NST Star
- Malaysia’s great for startups looking to scale up regionally NST
- Wahed Ventures to channel RM237m into Malaysian startups, SMEs NST Star
- CGSMY to expand private equity, venture capital Star
- Bubble tea maker Chabaidao slumps 38% in HK’s biggest debut Edge
- UBS lifts Chinese stocks to ‘overweight’ in rare upgrade call Edge
- SGX proposes rule change for investors to call special meetings Edge NST Star
- Short sellers pocket record USD10b profit from Big Tech selloff NST
- Hedge fund Aspect Capital mints 21% return Star
- JPMorgan’s Kolanovic says ‘correction’ in stocks isn’t over Star
Debt
- Eternal Icon’s senior class ASEAN green MTNs AAA rating affirmed RAM
- Malaysian millennials, Gen Z Muslims embrace Islamic banking Edge
- Malaysia, Indonesia should forge alliance to enhance Islamic finance Edge Mail
- South Korea shadow banking stress sends warning to global investors Edge
- World Bank stops Tanzania tourism project financing over rights abuse Mail
- China finance ministry echoes Xi’s call for bond trading at PBoC Star
- Construction firms in Vietnam facing funding shortage Star
- More funding needed for China developers Star
Mergers and acquisitions
- Chin Hin’s MGO for Signature turns unconditional Edge
- AHB’s proposed acquisition of EV automotive distributor scrapped Edge
- Capital A in RFQ process for SriLankan Airlines, no price bid yet Edge NST Star
- Ancom Logistics to acquire environment solutions firm in RM120m deal Star
- IBM is in advanced talks to acquire software provider HashiCorp Edge
- US oil and gas M&A hits quarterly record after blockbuster 2023 Edge
- Shell, TotalEnergies, Mitsui seek stakes in Adnoc LNG plant Edge
- JD Sports to buy Hibbett for USD1.1b for US growth Edge Mail Star
- US sues to block Tapestry-Capri merger citing anti-competition Edge Mail
Projects and business
- MAHB’s 1Q passenger traffic up 17%, Istanbul exceeds pre-pandemic Edge
- Inta Bina bags RM170m serviced apartment job in Country Heights Edge Star
- Crest Builder bags RM486m condominium project in Mont Kiara Edge Star
- Haily bags RM109.5m housing jobs in Johor from Gadang’s unit Edge Star
- ATX Semiconductor to boost investment in Melaka to RM952m Edge NST Star
- Cypark’s Terengganu solar plant commercial operations in May Edge NST Star
- Masverse unveils platform to revolutionise digital ecosystem NST
- ECRL system installation works to start in May NST
- Jack Dorsey’s block finishes development of Bitcoin mining chip Edge
- Chip design software firm Cadence forecasts sales below expectations Edge
- Vietnam tech giant FPT partners with Nvidia to build AI factory Mail
- Honda to build major EV plant in Canada Mail
Economy and market news
- Sarawak eyes partnership with UK companies on semiconductors Edge
- Malaysia emerges as prime destination for Asean biz expansion Edge
- Grade A prime office spaces continue to be in demand Edge Star
- Malaysia’s new vehicle sales fall 10% in March Mail Star
- 2024 forecast to set new record for electric car sales Mail
- Thai PM asks banks to lower interest rates to help economy NST
- Japan issues strongest warning yet on readiness to intervene on yen Star
Legal and policies
- Gadang to appeal bumi equity in Kwasa Damansara land acquisition Edge
- 8 contractors face MyCC fines for bid rigging RM473m tenders Edge
- US to take aim at Chinese banks aiding Russia war effort Edge
- India’s SEBI queried global funds over manipulation of Adani stocks Edge
- Blackstone-owned Crown Resorts can keep Sydney casino licence Mail
