Bain Capital-backed Kioxia's market value is seen around ¥750 billion (US$4.85 billion or RM21.7 billion) in its initial public offering, a regulatory filing showed on Friday.

Kioxia's market value set at US$4.9b in IPO

Northern Solar Holdings Bhd has signed an underwriting agreement with M&A Securities Sdn Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.

The solar energy firm said its IPO scheduled to take place in February 2025, entails a public issue of 67.3 million new shares and the sale of 35.6 million existing shares.

All in all, the listing would offer investors up to a 26% stake in the company.

Northern Solar Holdings signs underwriting agreement with M&A Securities

Frozen food distributor Supreme Consolidated Resources Bhd (KL:SUPREME), which is heading for a listing on the ACE Market on Nov 29, had its public issuance of 8.6 million new shares oversubscribed by 349.42 times.

Frozen food distributor Supreme Consolidated's 8.6 mil shares for public oversubscribed by 349 times

(Nov 19): An investment conglomerate owned by Dubai’s ruler is weighing plans to list the commercial and residential units of its property portfolio separately, in an effort to harness the city’s real estate boom.

Dubai ruler’s firm considers two real-estate listings in 2025

Industrial automation and power systems provider Swift Energy Technology Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

ACE Market-bound Swift Energy inks underwriting agreement with M&A Securities

A decade after China opened up its exchanges to a broad swath of international investors through a trading link with Hong Kong, investors are craving deeper access.

Investors eye IPO access as Hong Kong stock link turns 10

Pipe-and-valve maker Pantech Group Holdings Bhd (KL:PANTECH) said it has obtained approval from the Securities Commission Malaysia (SC) to list two wholly owned subsidiaries on the Main Market of Bursa Malaysia via a special purpose vehicle.

Pantech Group gets SC's nod for listing of its subsidiaries under Pantech Global

KUALA LUMPUR (Nov 15): Fertiliser manufacturer Cropmate Bhd has unveiled the prospectus for its ACE Market initial public offering (IPO) to raise up to RM52 million, as part of its plan to purchase new factories and expand operations.

Fertiliser firm Cropmate unveils prospectus for RM52 mil IPO, priced at 20 sen apiece

(Nov 15): Two Philippine casinos may revive initial public offering (IPO) plans next year, along with infrastructure and food companies, executives at the nation’s biggest bank said, offering hopes for a sluggish stock market that has been hit by a dearth of listings.

Casinos may lead Philippines IPO revival in 2025, top bank says

Johor bus company HI Mobility Bhd has filed for an initial public offering on the Main Market to expand its fleet with conventional and electric buses as well as install charging stations.

The company is controlled by Lim Han Weng, who is also the executive chairman of oil producer Yinson Holdings Bhd (KL:YINSON) and substantial shareholder of offshore support vessel firm Icon Offshore Bhd (KL:ICON).

Johor bus company HI Mobility files for Main Market IPO to expand fleet

KUALA LUMPUR (Nov 13): Hartanah Kenyalang Bhd, a Sarawak-based construction services firm, has filed for an initial public offering (IPO) on the ACE Market of Bursa Malaysia to raise funds for expansion and to finance existing operations.

Sarawak builder Hartanah Kenyalang files for ACE Market IPO

Winstar Capital Bhd, which manufactures aluminium products, signed an agreement with TA Securities Holdings Bhd to underwrite its initial public offering (IPO) on the ACE Market.

Aluminium products maker Winstar signs TA Securities as IPO underwriter

ASM Automation Group Bhd, an automation machinery solutions provider primarily for the food and beverage manufacturing industry, has filed for an initial public offering (IPO) on the ACE Market to raise funds for expansion and working capital.

ASM Automation files for ACE Market IPO

LG Electronics Inc has added Axis Capital Ltd to a roster of banks arranging a potential initial public offering (IPO) of its Indian unit, according to people familiar with the matter.

LG to add Axis to arrange US$1.5b Mumbai listing — Bloomberg

The assistance provided to the people, including the Sumbangan Tunai Rahmah (STR) cash aid, has increased during the first two years of the Madani government's administration, according to Prime Minister Datuk Seri Anwar Ibrahim.

Increased assistance provided to M'sians under Madani govt, says Anwar

The Madani government remains focused on initiatives to develop the country, and will not entertain "trivial" statements that do not contribute to such efforts, said Prime Minister Datuk Seri Anwar Ibrahim.

Govt to disregard 'trivial' statements as it focuses on development — PM

The government is committed to ensuring that the implementation of Madani economic reforms has minimal or no impact on the people in general, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysians won't be burdened by economic reforms, says Anwar

The Adani Group will respond to bribery allegations levelled by the US after a detailed legal review and once it has secured approvals from its counsel to speak on sub-judice issues.

Adani to respond to US bribery allegations after legal review

Philippine Vice President Sara Duterte said on Saturday she would have President Ferdinand Marcos Jr assassinated if she herself were killed, prompting Marcos' office to vow "immediate proper action".

In widening rift, Sara Duterte says she would have Marcos assassinated if she is killed

The Ministry of Transport has proposed the establishment of a dedicated logistics hub in Nilai or Enstek, Negeri Sembilan, to further bolster Malaysia’s logistics sector.

Loke proposes new logistics hub in Nilai or Enstek

President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov 5 election victory financial professionals had moved on from rising prices and begun worrying about rising US debt, possible recession, and risks to global trade as among the top threats to the stability of the financial sector, according to a new Federal Reserve (Fed) survey released on Friday.

Fed survey finds inflation fading as a risk next to debt, trade wars

Bitcoin touched a record high on Friday, with its sights set firmly on the US$100,000 (RM446,800) barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.

Bitcoin at record highs, sets sights on US$100,000

The health of the US consumer and the retail sector will be in focus in the coming week, as Black Friday kicks off a holiday shopping season that could shed light on how buyers are grappling with higher prices.

Black Friday puts consumer spending in market's glare with stocks near records

Nvidia chief executive officer Jensen Huang said on Saturday that global collaboration and cooperation in technology will continue, even if the incoming US administration imposes stricter export controls on advanced computing products.

Nvidia CEO says global cooperation in tech will continue under Trump administration

The government has increased the rooftop solar capacity by another 300MW for the commercial and industrial segment, and by 50MW for households.&nbsp;

Additional rooftop solar quota for M'sian businesses, households

When Kumpulan Wang Persaraan (Diperbadankan) (KWAP) was established in 2007, with an initial fund of RM41.9 billion, the federal government’s pension and gratuity obligations stood at a mere RM8.25 billion, just 6.7% of its total operating expenditure (opex).

The pension conundrum: KWAP pushes for thoughtful reform amid growing charges

The Ministry of Transport has proposed the establishment of a dedicated logistics hub in Nilai or Enstek, Negeri Sembilan, to further bolster Malaysia’s logistics sector.

The corporate earnings reporting season for the July-September quarter comes to a close this week. Among the companies slated to announce their financial results are banking groups Malayan Banking Bhd (KL:MAYBANK), Public Bank Bhd (KL:PBBANK), RHB Bank Bhd (KL:RHBBANK) and Hong Leong Bank Bhd (KL:HLBANK) as well as utility giant Tenaga Nasional Bhd (KL:TENAGA).

The Week Ahead: Spotlight on corporate earnings of banks, Tenaga and Opec+ meeting

President-elect Donald Trump on Friday said he will nominate prominent investor&nbsp;Scott Bessent&nbsp;as the US&nbsp;Treasury secretary, a key Cabinet position with vast influence over economic, regulatory and international affairs.

Trump taps tax reform, deregulation advocate Scott Bessent for Treasury

Keck Seng (M) Bhd (KL:KSENG) booked an unrealised foreign exchange (forex) loss of RM81.84 million in the third quarter ended Sept 30, 2024 (3QFY2024), which in turn dragged the group into the red.&nbsp;

Unrealised forex loss of RM81.8 mil pulls Keck Seng into the red in 3Q

Nvidia&nbsp;chief executive officer Jensen Huang said on Saturday that global collaboration and cooperation in technology will continue, even if the incoming US&nbsp;administration imposes stricter export controls on advanced computing products.

Bitcoin touched a record high on Friday, with its sights set firmly on the US$100,000 (RM446,800) barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a&nbsp;Donald Trump&nbsp;administration.

Global&nbsp;stocks registered&nbsp;a strong weekly gain on Friday, while US&nbsp;Treasury yields&nbsp;slipped as&nbsp;markets&nbsp;eyed President-elect&nbsp;Donald Trump's likely policies&nbsp;and their&nbsp;impact on the US&nbsp;economy, even as bitcoin traded near the US$100,000 (RM446,800) threshold.

Stocks notch strong weekly gain, US yields slip as markets eye Trump policies

Philippine Vice President Sara Duterte said on Saturday she would have President Ferdinand Marcos Jr assassinated if she herself were killed, prompting Marcos' office to vow "immediate proper action".

Amazon.com Inc&nbsp;is investing an additional US$4 billion (RM17.87 billion) in artificial intelligence (AI) startup Anthropic, boosting its stake in one of OpenAI’s chief rivals.

Amazon invests additional US$4b in AI firm Anthropic

US&nbsp;bank Citigroup has received approval to establish&nbsp;its regional headquarters in Saudi Arabia's Riyadh, according to an internal memo seen by Reuters on Friday.

Citi granted licence for regional headquarters in Saudi Arabia, memo shows

Prime Minister Datuk Seri Anwar Ibrahim is scheduled to officiate the Two Years of Madani Government (2TM) Programme and the 2024 National Convention on Public Service Reform in the Kuala Lumpur Convention Centre on Saturday.

PM to officiate 'two years of Madani govt' programme, national convention on public service reform on Saturday

The Adani Group will respond to bribery allegations levelled by the US after a detailed legal review and once it has secured approvals from its counsel to speak on sub-judice issues.&nbsp;

Japanese Prime Minister Shigeru Ishiba’s Cabinet approved a stimulus package that’s slightly bigger than last year’s, as he followed up on a pledge to ramp up support for households and businesses struggling to cope with higher costs.

Japan’s Cabinet approves stimulus in show of progress for Ishiba

President-elect&nbsp;Donald Trump&nbsp;may have campaigned hard against high inflation, but by the time of his Nov&nbsp;5&nbsp;election victory&nbsp;financial professionals had moved on from rising prices and begun worrying about rising US&nbsp;debt, possible recession, and risks to global trade as among the top threats to the stability of the financial sector, according to a new Federal Reserve (Fed) survey released on Friday.

As of the end of October, Malaysia’s 5G coverage in populated areas had reached 82.1%, up from 80.2% last year, while internet coverage in populated areas stood at 98.38%, compared with&nbsp;97.07% in 2023.

Malaysia's 5G coverage hit 82.1%, internet access near 100% at end-October — ministry

Saudi Arabia’s sovereign rating was upgraded by Moody’s Ratings for the first time since the company first assessed the kingdom in 2016.

The rating&nbsp;company took the kingdom’s creditworthiness up a notch to Aa3, its fourth-highest grade, according to a statement on Friday. The Moody’s rating is now above those of Fitch Ratings and S&amp;P Global Ratings.&nbsp;

Saudi Arabia’s rating upgraded by Moody’s for first time

Lattice Semiconductor Corp&nbsp;is considering making an offer for all of Intel Corp’s Altera, people familiar with the matter said, in a twist that could complicate the chip giant’s plans to sell a minority stake in the unit.&nbsp;

Lattice Semiconductor mulling offer for Intel’s Altera unit, Bloomberg reports

The health of the US&nbsp;consumer and the retail sector will be in focus in the coming week, as Black Friday kicks off a holiday shopping season that could shed light on how buyers are grappling with higher prices.

IPO

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