Capital markets news | Tue 13 Aug 2024
Equity and property markets
- Johor-based autopart distributor MSB files for ACE Market IPO Edge NST
- O&G pipes supplier Saliran seeks ACE Market listing Edge
- Carlo Rino gets Bursa nod for ACE Market transfer Edge
- Straits Energy to list TMD Energy on NYSE American by 4Q Edge NST Star
- Foreign investors offloaded RM770m net equities last week Edge Mail NST Star
- India set to close in on China as emerging-market stock anchor Edge Star
- Crypto start-ups raised more VC money amid market slowdown Edge
- Carry-trade blow-up haunts markets Star
Debt and money markets
- KIP REIT fully redeems 2019-Issue 1 Class A MTN RAM
- UiTM Solar’s rating outlook revised from positive to stable MARC
- Johor Plantations’ sustainable finance framework assigned Gold MARC
- Titijaya’s proposed ICP assigned preliminary MARC-1 rating MARC
- VS Capital Management’s AA(cg) rating affirmed MARC
- SHC Capital’s AA- rating affirmed MARC
- Malaysia’s debt capital market steady in 2H amid fiscal consolidation Mail Star
- Chinese developer Logan gets USD1b private loan for refinancing Edge
- Shenzhen to issue CNY7b offshore municipal bonds in Hong Kong Star
- Private credit enters risky terrain with huge bets on consumers Edge
- Bonds are back as a hedge after failing investors for years Edge Star
- Aussie pensions bank on catastrophe bonds to boost returns Star
Mergers and acquisitions
Projects and business
- BTM Resources gets more time for biomass power plant Edge
- Censof gets RM14.6m contract from Penang Development Corp Edge Star
- Kitacon bags RM111.23m contract to build factories in Klang Edge Star
- Marine & General likely to bag RM500m 6-year Petronas contract Edge
- Pekat wins RM21.8m lightning protection job for data centre Edge NST Star
- HSS Engineers bags RM10.3m Johor data centre contract NST Star
- TotalEnergies supplies 1st cooking oil-based marine fuel in Singapore Edge
- Wise eyes more of India’s USD32b in overseas remittances Edge
- Shell to invest in phase 2 of Surat gas project in Australia Edge
Economy and market news
- RHB bullish on Johor as Malaysia’s next economic powerhouse Edge
- KL start-ups generated RM220b value from Jul 2021 to end-2023 Edge
- Construction sector grew over 20% in 2Q Edge Star
- Malaysian palm oil exports up 39.92% to 1.69m tonnes in Jul Mail
- Johor moots Forest City to be part of JS-SEZ Mail
- LME copper withdrawals suggest China slump bottomed out Edge
- China drives African lithium surge to lock in key battery metal Edge
- China rapidly expands battery storage infrastructure Star
- Taiwan’s power issues in the north prohibit new large data centres Edge
- Ex-BOJ board member rules out another rate hike this year Star
- MNCs eye India as next big growth bet as China lags Star
- US oil refiners’ slowdown stokes global worries Star
