Capital markets news | Tue 6 Feb 2024

Capital markets news | Tue 6 Feb 2024 Equity M&A Securities underwrites ACE Market-bound Topmix’s IPO Edge Chin Hin triggers MGO after raising stake in SIB Star NST Edge LTAT committed to ensuring fund’s long term sustainability Mail Edge Thai logistics group JWD to emerge as Swift Haulage’s substantial shareholder Edge Rubrik hopes fraud investigation…

Capital markets news | Fri 2 Feb 2024

Capital markets news | Fri 2 Feb 2024 Equity Bursa anticipates 42 IPOs this year :: NST | Edge Global venture capital firm Antler invests in seven Malaysian startups :: NST Fintec Global plans 30-to-one share consolidation :: Edge Debt Sunway Velocity Three’s sustainable financing framework assigned Silver :: Marc Mergers and acquisitions TotalEnergies to…

Capital markets executive summary | Mon 15 Jan 2024

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

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

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

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…