Capital markets executive summary | Wed 26 Jul 2023 Sentral REIT to place shares to buy Menara CelcomDigi The real estate investment trust (REIT) entered into a conditional sale and purchase agreement (SPA) with Puncak Wangi Sdn Bhd, a wholly-owned subsidiary of Malaysian Resources Corp Bhd (MRCB), to acquire the 27-storey office building in Petaling…
Capital markets executive summary | Tue 25 Jul 2023 Inflation trending down for 4 months Jun 2023’s 2.4% is the lowest since Apr 2022 due to smaller increases in restaurants and hotels (5.4% vs May 6.7%), food and non-alcoholic beverages (4.7% vs May 5.9%), and furnishings, household equipment and routine household maintenance (2.3% vs May…
Capital markets executive summary | Mon 24 Jul 2023 KGW IPO oversubscribed 50.45 times The logistics service provider received 11,329 applications for 1.24b shares worth RM260.81m from the Malaysian public. 6,868 applications for 624.4m shares were received for the bumiputra portion or an oversubscription of 50.74 times. The remaining public portion took in 4,461 applications…
Capital markets executive summary | Fri 21 Jul 2023 Public Investment Bank underwrites Mercury Securities IPO The company signed the agreement for its initial public offering (IPO) on the ACE Market. The exercise will see the public issuance of 157.1m new shares or 17.59% of the enlarged share base of 893m shares. 44.65m new shares…
Capital markets executive summary | Thu 20 Jul 2023 Critical Holdings plans ACE Market listing The engineering company submitted its draft prospectus to Bursa Malaysia on 13 Jul. The initial public offering (IPO) entails the issuance of 74.35m new shares, with 18.59m for the Malaysian public. 3.72m shares are for directors and employees. 46.47m shares…
Capital markets executive summary | Tue 18 Jul 2023 Plytec approved for ACE Market listing The company will issue 106.06m new shares or 17.5% of its enlarged shares. 30.30m shares are for the Malaysian public and 75.76m shares are for private placement to bumiputra investors approved by the Ministry of Investment, Trade and Industry. Its…
Capital markets executive summary | Mon 17 Jul 2023 Daythree IPO oversubscribed 129 times Daythree Digital Berhad will be listed on the ACE Market on 26 Jul. It received 24,053 applications for 3.12b shares for the 24m new shares offered to the public. The listing entails the issuance of 110.4m new shares at 30 sen…
Capital markets executive summary | Fri 14 Jul 2023 MyMBN oversubscribed 30.77 times The Melaka-based company which processes and sells bird’s nest will be listed on 25 Jul. It is offering 19.3m shares to the public at 21 sen. A total of 7,712 applications for 613.14m shares were received, according to Malaysian Issuing House Sdn…
Capital markets executive summary | Thu 13 Jul 2023 Lemon Sky Studios plans IPO The Malaysian art and animation studio was founded in 2006 and had contributed to videogames including Capcom’s Street Fighter 6, Square Enix’ Final Fantasy XVI, Marvel’s Spider-Man, Naughty Dog’s The Last of Us Part I and Part II, and Blizzard Entertainment’s…
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…