<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 26):&nbsp;Malayan Banking Bhd (Maybank) today listed 350 million yuan (about RM221.69 million) worth of bonds due 2022 on the&nbsp;Singapore Exchange (SGX).</p></div>

<div class=newsTextDataWrapInner><p>In a statement to the SGX yesterday, Maybank said the issue date of the notes, which pay an interest rate of 3.1% a year, was yesterday.</p></div>

<div class=newsTextDataWrapInner><p>“The notes will be listed/quoted on the bond market with effect from 9am on Friday, March 26, 2021 (today),” Maybank said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Maybank, however, did not say how the bond sale proceeds will be used.</p></div>

<div class=newsTextDataWrapInner><p>The lead managers and bookrunners of the notes are Maybank Kim Eng Securities Pte Ltd and The Hongkong and Shanghai Banking Corp Ltd (HSBC), according to Maybank, which is Malaysia’s most-valuable listed group.</p></div>

<div class=newsTextDataWrapInner><p>On Bursa Malaysia today, Maybank’s share price had fallen one sen or 0.12% to RM8.22 at 9.47am, giving it&nbsp;a market value of about RM92.39 billion.</p></div>

<div class=newsTextDataWrapInner><p>Maybank has 11.24 billion issued shares, according to its latest quarterly financial report.</p></div>


Malayan Banking Bhd (Maybank) today listed 350 million yuan (about RM221.69 million) worth of bonds due 2022 on the Singapore Exchange (SGX).

Maybank issues, lists 350 million yuan worth of bonds

There’s a niche corner of dealmaking that’s quietly making inroads in the battered market for commercial real estate.

It involves buying buildings with big carbon footprints and investing in green refurbishments. Asset managers Bloomberg interviewed spoke of doubling their clients’ money in just a few years by renovating older buildings, adding 20% to rents and then cashing in on gains when they sell.

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Property developer Glomac Bhd (KL:GLOMAC) has urged the government to start the implementation of mandatory Employees Provident Fund (EPF) contribution by foreign workers, as announced in Budget 2025, later rather than sooner.

Glomac urges govt to delay implementation of mandatory EPF contribution for foreign workers

Deutsche Bank AG was ordered to increase payments to a group of former Postbank investors as part of a long-running share-valuation dispute that has already cost Germany’s biggest lender hundreds of millions of euros.

Deutsche Bank loses court fight with Postbank shareholders

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

FBM KLCI down 0.06% to 1,641.53 on Oct 23, 2024

The woman tipped to become the European Union's (EU) next antitrust chief has pledged to intensify the bloc's crackdown on Big Tech and foreign companies receiving unfair state subsidies to buy EU peers or take part in EU tenders.

EU antitrust chief nominee vows to intensify Big Tech crackdown

The police have arrested 13 individuals, including a family member, on suspicion of involvement in the kidnapping of a businessman on Oct 13.

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Shares of soft-drink maker China Resources Beverage Holdings Co jumped more than 14% early in their trading debut on Wednesday, adding to signs of an improving outlook for Hong Kong’s market.

The stock traded as high as HK$16.60 after an initial public offering that was priced at HK$14.50, the top of a marketed range. The gain came amid a broad rally, with the Hang Seng Index rising as much as 1.8%.

China Resources Beverage shares climb 14% in Hong Kong debut

Chinese automakers could more than double their overseas full-process manufacturing capacity to beat punitive import tariffs and meet surging demand in emerging markets, according to BloombergNEF.

China carmakers set to double overseas capacity to beat tariffs

The European Union lags far behind the United States and China in investing in artificial intelligence, the CEO of AI chipmaker Nvidia said on Wednesday.

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The Mutiara Line Light Rail Transit (LRT) project will begin as soon as the contract negotiations between Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) as the implementing agency and contractor SRS Konsortium are finalised.

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<p>Shopping malls under Pavilion Real Estate Investment Trust (KL:PAVREIT) and KLCC Stapled Group (KL:KLCC) still reign supreme in the luxury market even after The Exchange TRX Mall opened to much fanfare, said Kenanga Investment Bank.</p>


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<p>Three companies had met all the requirements to participate in the online bidding on June 16, 2024 for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).</p>

<p>The Ministry of Energy Transition and Water Transformation (PETRA) said that two Singaporean companies were successful in their bid to secure 100 megawatts (MW) of green electricity, with cross-border supply agreements currently being finalised.</p>


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<p>HSBC Holdings Plc warned it will likely cut senior manager jobs as the lender embarks on one of its biggest restructuring.</p>


HSBC warns it will cut senior manager roles in revamp 

<p>HOVID Bhd’s flagship Ho Yan Hor tea may help cool the body and soothe “heatiness”, but it appears the temperature is rising in the boardroom of the Ipoh-based pharmaceutical company.</p>

<p>A tussle is brewing between two major shareholders — Hovid managing director and chairman David Ho Sue S...

Shareholder fight brewing at herbal tea purveyor Hovid

<p>Analysts have raised their earnings forecasts and target prices (TPs) after Gamuda Bhd (KL:GAMUDA) grew its order book to RM28.7 billion after securing a NT$32 billion (RM4.3 billion) contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.</p>


Gamuda boosts order book to RM28.7b with Taiwan MRT win, analysts raise earnings forecasts

<p>The High Court has clarified that Supermax Corp Bhd (KL:SUPERMX) should be excluded from an earlier order to freeze the assets of glove entrepreneur Datuk Seri Stanley Thai in his divorce dispute.</p>


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<p>Palm oil — the world’s most widely used vegetable oil — rallied to the highest level in more than two years as supply woes persist, rekindling concerns about rising consumer food costs.</p>

<p>Futures surged as much as 2.6% in Kuala Lumpur on Wednesday to RM4,500 a metric ton, the highest since July 2022. That extends this year’s rally to more than 20% amid tight supplies in the biggest growers and strong demand for some other edible oils.</p>


Palm oil reaches highest since 2022, adding to food price risks

<p>Capital A Bhd (KL:CAPITALA) said it had terminated an agreement with Aetherium Acquisition Corp meant to pave the way for it to inject its AirAsia brand management business into the Nasdaq-listed special purpose acquisition company (SPAC) for US$1.15 billion (RM5.0&nbsp;billion).</p>


Capital A calls off US$1.15b brand management biz injection into Nasdaq-listed SPAC

<p>A group of investors and creditors led by a businesswoman have applied to the High Court here for a stay of a court mandated meeting for ACE Credit Sdn Bhd, a subsidiary of ACE Holdings Bhd.</p>


Investors, creditors want to halt court-convened meeting of ACE Credit

<p>Even if it is against the state's interest, the land title for the Duta enclave — the 263.27-acre (106.54-hectare) land in Mukim Batu that currently hoses various government complexes and facilities — has to be transferred back to Semantan Estate (1952) Sdn Bhd as it is the right thing to do, according to the High Court judge who directed that the deed be done.</p>


Duta enclave land title has to be restored to Semantan Estate as it's the right thing to do, says judge

<p>Gold prices hit record highs on Wednesday, defying the dollar's rise, which kept pressure on the yen and the euro, while global stocks edged lower on investors' reluctance to place major bets ahead of the US election in two weeks.</p>


Gold glitters as US election nerves grow, strong dollar dents stocks

<p>The glove industry is poised for a positive outlook despite cost pressures brought on by measures in Budget 2025, said CIMB Securities in a statement on Wednesday.</p>


CIMB positive glove industry can pass on cost increases to consumers

<p>A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, according to the Ministry of Finance (MOF).</p>

<p>This reflects the positive reception among companies in complying with the implementation of e-invoicing, the ministry said.</p>


7,400 companies using e-invoice system, 58 mil e-invoices issued as at Oct 14 — MOF

<p>Stocks struggled in late hours after downbeat news from some key American companies, with traders also mulling prospects for a slower pace of Federal Reserve rate cuts.</p>

<p>A US$600 billion exchange-traded fund tracking the S&amp;P 500 (SPY) wavered after the close of regular trading.</p>


US stocks struggle in late hours as McDonald’s slumps

<p>The government is in the process of finalising sustainable development guidelines for data centres, which will become one of the conditions for applying for government incentives.</p>


Guidelines on data centres' usage of power and water to become a requirement for incentives — Zafrul

<p>Malaysia is considering placing hotels under federal regulations, as their operations currently fall under the jurisdiction of state governments, the tourism minister said on Wednesday.</p>


Malaysia could place hotels under federal regulations — tourism minister

<p>In April, sovereign fund Khazanah Nasional Bhd announced RM1 billion in ‘national fund-of-funds’ initiatives at the KL20 Summit to support local venture capital funds and attract international managers. With the increased interest from both domestic and foreign investors in Malaysia’s start-up ecosystem, a crucial question arises: Are there enough investment- or IPO-ready private companies in the country?</p>


Are Malaysian private companies investment-ready?

<p>Sabah-based construction outfit Azam Jaya Bhd, which is listing on Bursa Malaysia's Main Market at 78 sen per share, has a fair value of RM1.54 apiece, said TA Securities.</p>


TA Securities ascribes RM1.54 fair value to Main Market-bound construction firm Azam Jaya

<p>Arm Holdings plc is cancelling a licence that allowed longtime partner Qualcomm Inc to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.</p>


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<p>Top financial regulators around the globe are voicing concern about private credit valuations, whether lenders are hiding troubled loans, and the deep entanglement between private markets and insurance money.</p>
