Capital markets news | Tue 30 Jan 2024 Equity Bintai Kinden proposes private placement of 281.5m new shares :: Star | NST | Edge Master Tec opens flat on ACE Market debut :: Star | Edge Sunsuria raises equity in Bangsar Hill Park developer from 51% to 84% :: Edge Pelaburan MARA denies subscribing for…
Capital markets news | Mon 29 Jan 2024 Equity KJTS surges 63% on ACE Market debut :: Star | NST | Edge AGX Group IPO oversubscribed 15.43 times :: Edge After failing to submit regularisation plan, Nylex appeals delisting :: Edge Bursa approves transfer of L&P Global to Main Market :: Edge Debt SPR Energy…
Capital markets executive summary | Mon 15 Jan 2024 Sik Cheong to list on ACE Market The company repackages, markets and distributes edible oil and other food products, and distributes lamp oil and other products. The company will issue 66m new shares consisting of 13.3m shares for the Malaysian public via balloting, 4m shares for…
Capital markets executive summary | Fri 12 Jan 2024 Prolintas gets RM2.7b financing for IPO Prolintas Managers Sdn Bhd, wholly owned by Projek Lintasan Kota Holdings Sdn Bhd, obtained a RM2.7b tawarruq asset financing from Bank Pembangunan Malaysia Bhd. The financing is for the restructuring of the Ampang–Kuala Lumpur Elevated Highway (AKLEH), the Guthrie Corridor…
Capital markets executive summary | Thu 11 Jan 2024 SC charges two individuals for money laundering The Securities Commission charged Dexter Ang Jen Chuen and Syaiful Riezal Ahmad in the Kuala Lumpur Sessions Court with 11 money-laundering offences involving more than RM119m. Ang was a director of Pixelvest Sdn Bhd and Syaiful Riezal was CEO…
Capital markets executive summary | Wed 10 Jan 2024 Bursa approves SBH Marine’s listing The company, which will list on the ACE Market, processes and sells frozen shrimp, squid, octopus and cuttlefish, and farms black tiger prawns and whiteleg shrimp in Perak. The IPO entails the issuance of 180m new shares and an offer for…
Capital markets executive summary | Tue 9 Jan 2024 Johor Plantations files IPO prospectus exposure Johor Corp’s Kulim (M) Bhd will retain 65% after the issuance of 464m new shares and an offer for sale of 411m existing shares. 797.5m shares or 31.9% of the enlarged share base are for institutional investors with 312.5m for…
Capital markets executive summary | Mon 8 Jan 2024 KJTS prices IPO at 27 sen The company, which launched its prospectus on Fri, will raise RM58.9m from the issuance of 218.03m new shares or 31.69% of the enlarged shares. The price values the company at a price-earnings multiple of 26 times its profit after tax…
Capital markets executive summary | Fri 5 Jan 2024 Pharmaniaga executes 7-year concession agreement with MOH Pharmaniaga Logistic Sdn Bhd signed a concession agreement with the Ministry of Health for the provision of medical supply logistics services from 1 Jul 2023 to 30 Jun 2030. The scope covers procurement, storage, supply and delivery of medical…
Capital markets executive summary | Thu 4 Jan 2024 Khazanah and CGC Digital invest in Funding Societies Southeast Asia’s largest MSME digital finance platform plans to expand beyond Kuala Lumpur, Selangor, Penang and Johor, with the target of 25k MSMEs by end-2025. It also wants to widen the reach of its Islamic financing solutions which…