Capital markets news | Wed 13 Nov 2024
Equity and property markets
- Winstar ACE Market IPO underwritten by TA Edge Star
- Hartanah Kenyalang seeks ACE Market IPO Star
- Durian planter DSR Taiko mulls transfer to ACE Market Edge NST
- Malaysia’s IPO surge reflects investor confidence in local bourse NST Star
- Jati Tinggi plans private placement to fund new projects Edge
- MCE plans private placement to raise RM26.5m Edge
- Tiong Nam declares 1-for-40 treasury shares dividend Edge NST Star
- Indonesia’s Adaro eyes USD291m from IPO to spin off coal miner Edge
- Indonesia-only VC raises smaller fund as start-up industry wilts Edge
- Bankers see deal drought in Asia easing as Hong Kong IPOs pick up Edge
- Korea Zinc still reviewing USD1.8b share sale plan Edge
- South Korea’s corporate value-up programme results disappoint Star
- US-based Acumen to invest USD1.5b in agricultural startups Star
Malaysian projects and business
- Carimin bags Pan Malaysia services job from KPOC Edge Star
- T7 Global gets pan-Malaysia contract from IPC Malaysia Edge NST Star
- Paragon to undertake RM733m GDV residential project in Johor Edge Star
- Fajarbaru explains pull out from RM192m Putrajaya housing project Edge
- Solarvest associate approved to operate as Neda merchant generator Edge Star
- Clarity on TNB’s floating solar project, hydropower station rehab Star
- Dexcom opens RM2.83b Penang manufacturing facility Edge Mail NST Star
- Delivery platform Lalamove announces ride-hailing service Mail
- Capital A’s MRO certified by Vietnam civil aviation authority Star
- EPF dividend likely to top 6% Star
Foreign projects and business
- Thai Airways adds to criticism of Rolls-Royce over engine delays Edge
- Thai telecom carrier strikes USD560m English Premier League deal Edge
- VinFast tycoon to inject USD2b into struggling EV maker Edge Mail
- AstraZeneca to invest USD3.5b in US as cancer drug sales rise Edge
- Infineon forecast sales decline as car chip demand struggles Edge
Foreign economy and market news
- Singapore fintech market likely to double in size to USD10b Star
- Baht lags behind peers on concerns over central bank autonomy Edge
- A dark side to Indonesia’s digital finance revolution Star
- China invested more than USD15b in over 900 Laos projects Star
- Alibaba, JD tout singles day highs Edge Star
- China businesses invest USD139b in R&D annually Star
- Saudi Arabia kicks off carbon trading to unlock financing Edge
- Australian Oct 2024 business sentiment highest in 2 years Edge Star
- Exxon CEO pushes back on Trump’s anti-climate agenda Edge
- UK business closures surge after budget hit to employers Edge
- AI firms seek new methods to train models Mail
- Leaders of major polluters missing from COP29 NST
Legal and policies
- Seremban Engineering hit with RM25m Bandar Enstek counterclaim Edge
- Merger control bill to be tabled next parliamentary session Edge
- 3 critical areas of improvement needed for PLCs Edge
- Court orders AirAsia to pay RM268,620 to former pilot Mail
- Vietnam orders social media companies to provide user identities Edge
- Boeing reaches settlement to avert Ethiopian Airlines crash civil trial Mail
- Apple told by EU to end geo-blocking on App Store Edge
- Shell overturns Dutch court order to slash emissions faster Edge