Capital markets news | Fri 27 Sep 2024
Equity and property markets
- Supreme’s ACE Market IPO underwritten by Kenanga Edge
- Northeast to raise RM110.4m from ACE Market IPO Edge Star
- HCK to issue shares to Clement Hii to settle RM113m debt Edge
- Capital A’s maintenance arm to be listed Edge NST Star
- Bursa gained 15%, hits RM2.05t market cap Mail NST Star
- Singapore’s Neon weighing IPO next year Edge
- Private equity calls in experts to fix firms they can’t sell Edge Star
- Nature funds soar while climate investments struggle to recover Star
- BASF preparing agricultural unit for possible listing Edge
Debt and money markets
- MEX’s sukuk rating upgraded to A1, outlook positive RAM
- Pesona Metro issues RM185m Asean SRI sukuk Star
- Johor Plantations issues RM1.35b inaugural sukuk Star
- Banks contend with higher loan-to-deposit ratios Star
- Country Garden yuan bondholders approve payment delays Edge
- IMF to loan Pakistan RM29b backed by Saudi, UAE and China Mail
- Star gets AUD200m debt facility at 13.5% annual rate Edge
- Traders boost Fed bets on rate cut size Star
- Citi, Apollo in USD25b private credit programme Edge
- Top bankers defect to private credit for big payday Edge
- Thames Water rating downgrades as cash crunch looms Edge
Projects and business
- Seal ropes in Sungrow for RM645m Sabah RE project Edge
- Citaglobal gets RM47.6m Terengganu road construction project Edge Star
- Censof bags RM5.44m Perkeso accounting system contract Edge
- Yenher buys RM18.6m feedmill equipment to boost production Edge
- AirAsia to charge mandatory carbon fees from Jan 2025 Edge
- AirAsia will continue seeking license to operate in Singapore NST Star
- Pledges to GEAR-uP won’t hinder KWAP from investment targets Edge
- Vietnam’s 1,500MW LNG power plant to start operating in Apr NST
- SpaceX’s Starlink plans USD1.5b investment in Vietnam Edge Mail Star
- SK Hynix begins mass production of latest HBM chips for AI NST
- Blackstone confirms USD13b investment in Britain for AI data centre Edge
Economy and market news
- Producer price index up 0.3% in Aug Star
- Impact from AWS’ RM57.3b GDP contribution by 2032 Edge Star
- Islamic finance has truly emerged as mainstream force Star
- Malaysia digitally equipped to be regional services hub Edge
- Malaysia to launch social exchange pilot project Star
- Govt mulls turning 420k ha rubber estates into bamboo plantations Edge NST
- Johor finalising local transport network to support RTS Edge
- Johor’s property market grew 4.7% in 1H Mail
- Sarawak set to launch air cargo for exports to Singapore Mail
- Asia jet maintenance crunch set to persist Edge
- Indonesia needs economic miracle to be high income nation Star
- Thailand launches THB145.55b stimulus to boost economy Mail
- Malaysia eyes bigger slice of Laos investment pie Mail
- China mulls USD142b capital injection into top banks Edge Mail Star
- Hong Kong reclaims Asia’s financial hub lead from Singapore Mail
- US-China tensions are upending global trade flows Star
- Boeing strike leaves Asian airlines sweating on plane deliveries Edge
- BlackRock sees growth in Asian infrastructure on AI boom Edge
- German economy to shrink 0.1% this year Edge
- Opec+ set to go ahead with Dec oil output hike Edge
- Palm oil trades at rare premium to soyoil Edge NST
- Central banks have no clue what the neutral rate is NST
Legal and policies
- Lambo risks being delisted after Bursa dismisses extension appeal Edge
- Domestic Trade Ministry conducting review of e-commerce legislation Edge
- Government urged to expand digital grants for SMEs in Budget 2025 Edge
- Progressive tax system that reduces leakages crucial in Budget 2025 NST
- Malaysia launches policy for sustainable manufacturing Edge Mail Star
- China targets Canada’s tariffs with anti-discriminatory probe Edge
- Samsung faces fines after workers exposed to radiation Edge
- Wells Fargo sends US Fed crucial review for lifting asset cap Edge
