Capital markets executive summary | Thu 26 Oct 2023

Capital markets executive summary | Thu 26 Oct 2023 Capital A to issue debt and equity of USD1b AirAsia’s parent will list some of its businesses through Nasdaq-listed Aetherium Acquisition, a special purpose acquisition company, in 2024. The deal includes a new franchise business, which extends the AirAsia brand to companies that desire starting airlines…

Capital markets executive summary | Tue 24 Oct 2023

Capital markets executive summary | Tue 24 Oct 2023 Carlo Rino adjusts exit offer price for transfer to ACE Market The company, which designs and markets women’s handbags, footwear and accessories, is transferring its listing from the Leading Entrepreneur Accelerator Platform (LEAP) Market to the ACE Market. The exit offer price was adjusted from 23…

Capital markets executive summary | Mon 23 Oct 2023

Capital markets executive summary | Mon 23 Oct 2023 Sabah state’s SMJ prices maiden RM900m sukuk SMJ Sdn Bhd, wholly-owned by Chief Minister Incorporated of Sabah, priced the sukuk wakalah, which was issued from the company’s RM10b multi-currency sukuk wakalah programme. The sukuk have tenors of 5-15 years and profit rates of 4.23%-4.67% per annum….

Capital markets executive summary | Fri 20 Oct 2023

Capital markets executive summary | Fri 20 Oct 2023 Global Oriental buys majority interest in car park company The property developer is acquiring 55% of Edisijuta Parking Sdn Bhd (EPSB) for RM27.5m cash from Cahaya Impian Sdn Bhd, which currently holds 70% equity interest. The balance 30% is held by Edisijuta Sdn Bhd. The price…

Capital markets executive summary | Thu 19 Oct 2023

Capital markets executive summary | Thu 19 Oct 2023 Feytech to list on Main Market The automotive cover and seat manufacturer published a prospectus exposure offering 252.94m shares. The public offer of 143.32m shares consists of 42.16m shares for the Malaysian public, 25.39m shares for directors and employees, and 75.87m shares via private placement to…

Capital markets executive summary | Mon 16 Oct 2023

Capital markets executive summary | Mon 16 Oct 2023 Drama expected at KNM EGM today The extraordinary general meeting, called by German billionaire Andreas Heeschen, will allow 34,018 shareholders to decide on the fate of the company, which has RM1.1b debt. Heeschen’s group is concerned about the viability of the company’s asset disposal plan including…