Capital markets news | Tue 12 Nov 2024
Equity and property markets
- Azam Jaya surges 40% on Main Market debut Edge Star
- Mega Fortris down 2.2% on Main Market debut Edge Star
- ASM Automation files for ACE Market IPO Edge
- Smaller foreign outflow of RM392m last week Edge NST Star
- South Korean stock market closer to winning MSCI developed status Edge
- LG adds Axis to arrange USD1.5b Mumbai listing Edge
- Australia’s HMC Capital to list data centre trust worth AUD4b NST
- Fonterra to assess IPO as option for consumer unit sale Edge
- Delivery Hero to raise USD1b from Talabat’s Dubai IPO Star
- Hedge funds shorting Tesla lost more than USD5b Edge Star
Debt and money markets
- RCE Marketing’s Zamarad Tranche 10 sukuk assigned final ratings RAM
Mergers and acquisitions
- Ann Joo puts 100-acre prime Prai industrial land up for sale Edge
- Ekuinas among suitors for Cape EMS stake Edge
- Mavcom greenlights MAHB’s RM10.8b privatisation Edge
- WMG shareholders should reject Exsim’s takeover offer Edge NST
- Datuk Soo Sze Ching buys 29.83% of Vestland Edge
- Gano Global sells 4.5% of DXN Edge
Malaysian projects and business
- Ecoscience bags RM200m job to build Pahang pellet plant Edge Star
- KTI Landmark wins RM50m sub-contract in Labuan Edge Star
- Penang LRT contractor negotiations in final stage Edge
- Destini bags Mindef contract worth RM33m Edge NST Star
- Carzo halts fruit distribution business amid financial struggle Edge Star
- U Mobile makes statement on 5G network Mail
- Kerjaya Prospek, Aspen Vision JV wins Penang railway assets tender NST Star
- EPF investment income up 34.1% to RM19.67b in 3Q Edge Mail NST Star
- TM Global to expand data centres in Cyberjaya, Johor Star
Malaysian economy and market news
- 13MP will have policies to export data centres Edge
- Palm oil prices to stay elevated through 1Q2025, limited upside Edge
- AmBank foresees slightly slower 3Q GDP growth at 5.1% Star
- Malaysia’s construction sector up 22.9% to RM41.1b in 3Q Star
- Fadillah assures careful review before nuclear power commitment Star
Foreign projects and business
- N/A
Foreign economy and market news
- Vietnam set to trial carbon market by next year Star
- Singles day watched for signs of China consumption rebound Mail
- Investors expect China to accelerate semiconductor self-reliance Star
- Proactive policy helps address price weakness in China Star
- Saudi crude oil supply to China to fall in Dec on weak demand Edge
- Japan unveils USD65b plan to aid domestic chip industry Edge
- Top UBS banker in Australia sees role helping ultra-rich invest abroad Edge
- Wall Street giants split between Gulf hubs Star
- 2024 Apec Economic Leaders’ Week begins in Lima, Peru NST
Legal and policies
- Sabah Forest Industries gets stay against state govt acquiring lands Edge
- TMC Life Sciences gets EGM requisition to remove suspended CEO Edge Star
- Nestle, P&G investigate deforestation claim against Indonesia palm oil Edge
- Vietnam says Temu, Shein must register with govt or be blocked Edge
- India to summon Amazon, Flipkart execs as regulatory scrutiny grows Edge
- FTX sues Binance and former CEO, seeks USD1.8b clawback Edge
- Ex-Deutsche Boerse staffer confesses to insider trading at trial Edge
