Capital markets news | Wed 9 Oct 2024
Equity and property markets
- Automotive parts maker KHPT up 7.5% on ACE Market debut Edge Star
- Enest exempted from extending exit offer in ACE Market transfer Edge
- Trading in Public Bank, LPI halted today pending announcement Edge Star
- MClean Technologies to raise RM12.33m via private placement Edge NST Star
- China urges banks to prevent loans from illegally flowing into stocks NST
- Andrew Ng’s fund invests in Indian AI healthcare firm Jivi Edge
- Hyundai gears up for mega USD3.3b India IPO NST
- Indian funds eye massive USD20b a year pipeline Star
- Dubai ruler’s firm considers new REIT amid city’s housing boom Edge
- Roblox tumbles as Hindenburg bets against gaming platform Edge
- Investors with USD15t signal new approach to mining sector Star
- UK weighs rule changes to lure trading giants to London markets Edge
Debt and money markets
- CGS Malaysia’s AA, MARC-1 ratings affirmed MARC
- Bonds beckon with attractive yields Star
- Banks tap Hong Kong’s discount window for most funds since 2019 Edge
- Equity-backed Texas housing project taps municipal bonds market Star
- Elliott’s Citgo bid payoff for Petroleos de Venezuela bond investors Star
- Private markets key role in energy transition bets Star
Mergers and acquisitions
- Seal seeks more time for 10% stake buy in solar panel installer Edge Star
- Deep dive into AirAsia X, Capital A’s RM6.8b aviation merger Edge
- Japan’s INCJ reviving Edotco stake sale Edge Star
- Media Prima clarifies Syed Mokhtar still substantial shareholder Edge Mail Star
- Ares to acquire GLP Capital Partners’ ex-China business Edge
- BlackRock, YTL Hotels to buy Singapore’s Citadines Raffles Place Edge Star
- Indonesian miner Antam buys 30% of Tsingshan’s smelter Edge
- GIC could sell USD5b stake in India’s Greenko Edge
Projects and business
- Sime Darby, BYD to bring Denza EVs to Malaysia Edge Star
- Ireka gets RM1.07b highway upgrade job in Sabah Edge Star
- Perdana Petroleum bags 2 accommodation workboat work orders Edge Star
- Energy Commission to announce LSS5 winners in Nov NST Star
- Global business aviation players set sights on Malaysia Edge
- Google talks to utilities about nuclear power for data centres Edge
- Foxconn building Nvidia superchip facility in Mexico Edge Star
- Thyssenkrupp likely to scrap green steel project Star
Economy and market news
- Malaysia on track to hit high-income status by 2028 Star
- Investment upcycle to support growth Star
- Malaysia is 20th most financially inclusive country in the world NST
- Malaysia’s average residential rent increased 3.9% q-o-q in 2Q Edge Star
- Business sentiment at 2-year high in 3Q RAM
- Government bullish GDP to beat 4-5% target NST Star
- World Bank upgrades Malaysia’s 2024 growth forecast to 4.9% Star
- Focusing on a sustainable and inclusive future in Budget 2025 Star
- 1.3m Singapore employees eligible for inpatient mental healthcare Star
- Prabowo plans to build, renovate 3m homes annually Star
- Vietnam economy may hit USD2t by 2050 Star
- China holds off on fresh stimulus Mail
- China is fully confident of achieving 2024 economic goals Star
- India palm oil demand steady despite import tax hike Edge NST
- Premium on CPO prices over soybean oil is not sustainable Edge
- Palm oil prices at RM4k a tonne in 2025 Star
- Australian business conditions rise Star
- Fed’s Musalem in favour of more rate cuts Star
- US trade deficit narrows sharply to USD70.4b in Aug Star
- UK faces pivotal budget amid slumping sentiment Star
- Energy transition rekindles fund interest in metals Star
- ECB will quite probably cut rates this month Star
