Capital markets news | Mon 22 Sep 2025


Do you know?

Munshaat was awarded a 24-year lease to construct one of the seven Zamzam towers in Makkah. The company entered into ijarah mawsufah fi zimmah with the investors in return for a lump sum advance rental payment. The company issued sukuk al-intifa`a (timeshare) to the investors as evidence of their respective claims over the usufruct of the asset based on timesharing slots.

Equity

  • Trading in Solarvest to be suspended on Mon pending announcement Edge Star
  • Sunway Healthcare files for Main Market listing to fund RM1.6b expansion Edge
  • Powertechnic’s ACE Market IPO underwritten by TA Securities Edge NST Star
  • Shareholders approve Niche Capital’s fundraising to expand Sokor gold plant NST
  • Cambrian Fund invests in EMS optical inspection startup Nvsion Edge
  • Boustead Singapore’s REIT to IPO with SGD1.9b total portfolio value Edge
  • Chinese savers have USD23t and few options beyond stocks Edge
  • Crypto custody firm BitGo files for US IPO Coindesk Cointelegraph
  • PayPal-backed Pine Labs plans up to USD700m IPO in Oct Edge
  • Musk says xAI is not raising capital after CNBC report on USD10b funding Edge
  • Bionano Genomics launches USD10m public offering Yahoo
  • Nvidia to invest in UK firms including Wayve, Revolut Edge

Debt

  • Ta Yoong’s pawn loan securitisation assigned final AAA rating RAM
  • Pantai’s sukuk programmes assigned AAA, P1, MARC-1 ratings RAM MARC
  • Al-Salam REIT’s guaranteed senior, perpetual sukuk assigned ratings RAM
  • SD Guthrie’s ratings affirmed, proposed sukuk assigned preliminary ratings MARC
  • Guthrie’s financing framework assigned gold impact assessment MARC
  • 1H2025 corporate default and rating transition RAM
  • Corporate credit rating criteria updated RAM
  • S&P affirms Malaysia’s A- credit rating with stable outlook Edge Mail Star
  • US corporate bond dealmaking jumps day after Fed rate cut Edge
  • Bond traders lean into sweet spot amid doubts about Fed’s path Yahoo
  • Foreign holdings of US Treasuries surge to all-time high in Jul, China’s sink Edge
  • Bankrupt exchange FTX to repay USD1.6b to creditors starting 30 Sep Coindesk
  • UK budget challenge for Reeves gets even bigger as borrowing surges Edge

Digital assets

  • Bitcoin must upgrade to survive quantum threat by 2030 Coindesk
  • Bitcoin is building a base as OG hodlers exit, big money preps Coindesk
  • Bitcoin traders have these price levels in mind at USD116k Cointelegraph
  • Bitcoin will accelerate as world heads into the Fourth Turning Cointelegraph
  • Performance of gold vs bitcoin through the lens of money supply Coindesk
  • US Treasury begins turning Genius Act into stablecoin regulations Coindesk
  • Stablecoin adoption set to surge, hit USD4t in cross-border volume Coindesk
  • Crypto can’t afford to wait for perfect regulation Cointelegraph

M&A

  • Pharmaniaga buys RM30m Penang industrial site to boost distribution NST
  • Techna-X to dispose of Caseria Pasifika for RM4.5m Star
  • Deleum seeks growth via M&A Star
  • TikTok deal gives Americans 6 of 7 board seats Edge Mail
  • TikTok US deal set for signing in the coming days Mail
  • Saks Global in talks to sell 49% of Bergdorf Goodman for about USD1b Yahoo

Malaysian

  • SC issues guidelines to establish Malaysia’s first social exchange SC Edge NST Star
  • Jan-Aug trade hits record RM1.98t, exports up 3.9% Mail NST Star
  • Exports decelerated, growing slower than expected in Aug Edge NST
  • Economists warn of softer trade momentum after slower Aug export growth Edge
  • MBSB expects export, import growth to ease in 2025 amid US tariff impact Edge
  • Oct palm oil reference price raised, export duty kept at 10% Edge NST Star
  • Businesses face rising tax obligations Star
  • Penang announces increase in land tax starting 1 Jan 2026 Edge

Other markets

  • Singapore reviewing short-seller claim against India’s Vedanta Edge
  • Surprise rate cut puts rupiah in crosshairs Star
  • Indonesia to review law that sets budget deficit, debt caps Edge
  • Thai central bank intervenes to slow currency moves Edge Star
  • Philippines widens freeze on bank accounts in graft clampdown Edge
  • China expected to leave benchmark lending rates unchanged despite Fed easing Edge
  • PM contender Takaichi vows fiscal expansion to make Japan a rising sun again Edge
  • BOJ unveils ETF sales plan, holds rates steady in contested vote Edge NST
  • Japan’s inflation slows sharply on subsidies before BOJ meet Edge
  • South Korea’s President says US investment would spark financial crisis Yahoo
  • Interns being offered USD14k a month by high-speed trading firms in India Edge
  • Citigroup says de-dollarisation narrative is a mirage not supported by data Edge
  • Dalio says US can’t cut spending that risks monetary order Edge
  • US govt shutdown looms, Senate rejects stopgap funding bill Edge
  • Key US inflation metric to ease as focus shifts to jobs market Edge
  • Trump to impose USD100k fee per year for H-1B visas, in blow to tech Edge Mail
  • VCs still hire MBAs, but firms start to need other experience more Yahoo
  • Argentina uses USD1b to fend off devaluation Star
  • France’s richest man slams proposed billionaire tax as economic sabotage Mail NST
  • Singapore seeks African carbon credits as rivals covet metals Edge

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