Capital markets news | Tue 11 Jun 2024
Equity
- Aquaria KLCC operator eyes ACE Market listing in 1Q2025 Edge
- IT solutions provider Vetece gets Bursa nod to list on ACE Market Edge NST Star
- Standard Chartered sets up Singapore fund management company Edge
- Foreigners net bought RM535m Malaysian equity last week Edge Mail NST Star
- National Farmers Organisation announce 9% dividend Mail
Debt
- TNB’s AAA and P1 issue ratings affirmed RAM
- YTL Corp, YTLPI ratings unaffected by Ranhill Utilities acquisition RAM
- Tropicana redeems RM110m 3rd tranche sukuk wakalah Edge Star
- Genting Malaysia issues RM400m medium term notes Edge Star
- OCBC Malaysia sets aside RM5b for Sarawak development Edge Mail
- Cross Light, Affin Bank launch digital asset fund Edge
- Increasing financing for MSMEs, MTCs in Malaysia Star
- Deutsche Bank says low-default era of past 20 years is over Edge
- Chinese financial institutions triple investment in British RE Mail
Mergers and acquisitions
- PUC buys digital money lender Alevate for RM200m Edge NST Star
- Scientex acquires Johor land for RM381.43m Edge Mail Star
- EcoWorld sells Kulai land to Microsoft for RM402m Edge Star
- MOF makes 3rd attempt to sell 1MDB’s land in Pulau Indah Edge
- Engelhart grows power, gas trading in deal to buy Trailstone Edge
Projects and business
- MPay gets 5-year contract to develop KTMB superapp Edge Star
- KPJ gets RM18.3m hospital renovation contract Edge Star
- Cypark achieves COD for 100MW LSS3 Edge NST Star
- Ageson secures RM76m construction job in Sepang Edge Star
- SEDC Energy, Gentari form JV to develop Sarawak hydrogen hub Edge
- LSH JV wins 20-year concession for KL Tower Edge Star
- Deleum gets RM105m LOA from Petronas Carigali Edge NST Star
- Spritzer to invest RM80mil in bottled water capacity Star
- Airbus secures deal with UAE’s Yahsat to build telecom satellites Mail
Economy and market news
- Malaysia’s factory output to pick up in months ahead Edge
- Asean-Six GDP to recover to 4.5% this year Edge Mail
- Trade policy restrictions could disrupt Malaysia’s economy Edge
- Size of Malaysia’s labour force edges up 0.1% in Apr Mail
- Malaysia’s manufacturing sales value up 5.7% to RM153.2b in Apr Mail Star
- Malaysia’s IPI accelerates 6.1% in Apr Star
- Malaysia’s palm oil stocks hit 3-month high in May Mail
- International reserves at USD113.6b as at 31 May NST Star
- Indonesia central bank protects rupiah in FX market NST
- Changzhou sets smart, green steel benchmark Star
- Japan’s 1Q GDP shrank 1.8%, lower than forecast Mail
- US oil and gas production shows flattening signs Star
- Clean energy investment set to double amount going into fossil fuel Star
Legal and policies
- CDRC extends reprieve for Sapura Energy until 10 Mar 2025 NST
- US commission votes to extend probe into alleged solar cells dumping Star
- EU set to disclose tariff rates for Chinese electric vehicles Edge Mail
- Singapore banks probe rich clients after money-laundering case Edge
- Turkiye fines Google’s hotel search service USD15m Mail
- Ex-Allianz fund manager pleads guilty in fraud case Star
