Capital markets executive summary | Wed 12 Jul 2023

Capital markets executive summary | Wed 12 Jul 2023 MST Golf attracts 5 times oversubscription The company’s 228m initial public offering (IPO) shares to raise RM184.68m received applications worth RM924m. MST is offering a total of 228m shares comprising 160m new shares and 68m existing shares. The portion for institutions of 178.6m received 6.39 times…

Capital markets executive summary | Fri 7 Jul 2023

Capital markets executive summary | Fri 7 Jul 2023 Leader Energy to list on Main Market The company will offer 1b shares or 28.2% of its enlarged shares. 923.5m shares will be offered to institutions and 76.5m for retail investors. The institutional offering involves the placement of 673.5m shares to institutional and selected investors via…

Capital markets executive summary | Wed 5 Jul 2023

Capital markets executive summary | Wed 5 Jul 2023 Farm Fresh investors worried about raw milk supply Following Australia-based Bega Group’s announcement that milk production volumes have fallen by 700m litres or 9% in the last 2 years and dairy ingredient prices have risen, the company’s share price closed at a record low for the…

Capital markets executive summary | Tue 4 Jul 2023

Capital markets executive summary | Tue 4 Jul 2023 LYC Medicare Singapore lodges preliminary offer document with SGX LYC Healthcare obtained shareholders’ approval to list LYC Medicare – which it owns 64.5% of – on the SGX on 15 Mar. Upon listing, LYC Medicare will remain a subsidiary of LYC Healthcare. LYC Healthcare’s largest shareholder…

Capital markets executive summary | Mon 3 Jul 2023

Capital markets executive summary | Mon 3 Jul 2023 MYMBN to be listed on ACE Market on 25 Jul The Melaka-based bird’s nest processor is positive on the growth of the industry and will expand its offerings in the industry’s value chain. Its midstream core business comprises selling raw uncleaned edible bird’s nests (RUCEBN) to…

Capital markets executive summary | Fri 30 Jun 2023

Capital markets executive summary | Fri 30 Jun 2023 Felda to issue government-guaranteed sukuk for debt restructuring The government in 2019 had agreed to guarantee the Federal Land Development Authority’s (Felda) financing for its 5-year transformation programme initiated in 2020. On 28 Jun, the finance minister signed the government guarantee for Felda’s sukuk and revolving…