Capital markets news | Thu 27 Jun 2024
Equity
- Hextar Industries to transfer to Main Market on 28 Jun Edge NST Star
- OSK-SBI 2nd fund makes 1st investment in Allrites Edge Star
- Northern Solar files for ACE Market IPO Edge Star
- Main Market-bound pawnbroker Well Chip to raise RM172.5m Edge
- Maybank issues 4 Hang Seng Index referenced warrants Edge
- HSBC underweights Malaysian equities over banks’ outlook Edge
- HSBC overweights South Korean stocks on memory growth Edge
- Norway pension fund no longer invests in Caterpillar over Israel sales NST
- Investors dump ESG assets over anti-green wave Star
Debt
- Aeon’s proposed sukuk wakalah programme assigned AA2, P1 ratings RAM
- Koperasi Co-opbank Pertama assigned A3 rating RAM
- OCK’s ICP programme assigned final rating of MARC-1 MARC
- Malaysia, Indonesia, Turkiye, Gulf nations issued 51% of USD debt NST
- Funding Societies, CGC provide additional financing to SMEs Star
- Vietnam’s coal plant plans draw US scrutiny Star
- Viability test looms for Japan’s sustainability-linked bonds Star
- All major US banks pass Fed’s 2024 stress test Mail
- US bond traders bet on 3% Fed cuts by Mar 2025 Star
- Vale issues USD1b 30-year bonds after 1-year hiatus Star
- UAE issues USD1.5b 10-year bonds to keep yield curve liquid Star
Mergers and acquisitions
- Kuchai-Sg Bagan deal extended by 4 months to 29 Oct Edge
- CN Asia to be SMTrack’s largest shareholder via debt settlement Edge
- Onepoint abandons rescue plan for Atos, leaving few options Edge
- AmanahRaya REIT sells Contraves building in Cyberjaya for RM42.5m Edge Star
- EPF becomes Aurelius’ substantial shareholder with 7.87% stake Edge Star
- New substantial unitholder may emerge in Hektar REIT Edge
- Nasdaq cancels sale of Nordic power business to EEX Edge Mail
- Quantum Capital buys US oil and gas firm Caerus at USD1.8b value Star
Projects and business
- IJM wins RM331.7m Johor data centre contract from TM Edge NST Star
- KPJ plans to add 5k hospital beds over 4 years Edge
- CEO proposes joint development of Shenton House to IOI Properties Edge
- ST Engineering to invest USD88m in new data centre Star
- Ho Chi Minh City to have biggest wastewater facility in SEA Star
- Supply chain issues force Airbus to delay deliveries Edge
- Hong Kong mall The Landmark to get USD1b upgrade Edge
Economy and market news
- Malaysia records RM433.2b total services trade in 2023 Edge Mail
- Malaysia’s FDI inflow at RM40.4b, outflow at RM40.6b in 2023 Edge Mail Star
- MIDA’s Digital Investment Office approved RM162b investments Star
- Malaysia taps Chinese investors to build more data centres Edge
- Govt suggests semiconductor industry move up to advanced packaging Mail
- Rising vacancy and falling rentals hit China’s warehouses Edge Star
