<div class=newsTextDataWrapInner><p>SINGAPORE (Jan 30): Singapore state investment firm Temasek Holdings' unit Temasek Financial (I) Ltd is planning to issue 750 million Chinese yuan (RM494 million) of 3.2% guaranteed offshore bonds due 2029, according to a statement filed to the Singapore Exchange.</p></div>

<div class=newsTextDataWrapInner><p>The bond, which is guaranteed by Temasek and will be rated "Aaa" by Moody's, will be issued under Temasek Financial (I)'s US$25 billion guaranteed global medium term note programme, according to the statement filed late on Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>The issue allows Temasek to expand its "investor base and access a new liquidity pool at competitive pricing", said a Temasek spokesperson on Tuesday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"We continually evaluate funding opportunities across the different markets, factoring in considerations such as our funding requirements, market conditions and other organisational objectives," the spokesperson added.</p></div>

<div class=newsTextDataWrapInner><p>The bond is expected to be issued on Feb 6 and listed on the Singapore Exchange on Feb 7, the statement showed.</p></div>


Singapore state investment firm Temasek Holdings' unit Temasek Financial (I) Ltd is planning to issue 750 million Chinese yuan (RM494 million) of 3.2% guaranteed offshore bonds due 2029, according to a statement filed to the Singapore Exchange.

Singapore's Temasek to issue US$105m five-year offshore Chinese yuan bond

KUALA LUMPUR (May 10): Kobay Technology Bhd has received an unusual market activity (UMA) query from Bursa Malaysia after its share price hit limit-up on Friday.

In a bourse filing, Bursa asked the precision parts manufacturer if any corporate development relating to its business and af...

Kobay gets UMA query as share price hits limit up

Automotive cover and seat manufacturer Feytech Holdings Bhd (KL:FEYTECH) said on Friday that investors have snapped up all the 42.16 million shares it made available for application by the public in its initial public offering, ahead of its Main Market debut.

Main Market-bound Feytech Holdings' IPO oversubscribed 15.6 times

KUALA LUMPUR (May 10): Personal care products retailer Innature Bhd (KL:INNATURE) said on Friday that it is acquiring the operator of Burger & Lobster restaurants for RM21.25 million in a related-party deal as part of a diversification plan.

Innature to acquire Burger & Lobster operator for RM21.25m from major shareholders

Elon Musk touted plans to expand Tesla Inc’s Supercharger network just over a week after firing almost all of the roughly 500 people who ran the business.

Elon Musk changes tune on Tesla Superchargers after mass firing

China's car exports surged to a record high in April, data showed on Friday, as domestic sales slipped 5.8% from a year earlier amid intensifying price competition and consumers' caution about spending on big items during a shaky economic recovery.

China's car exports hit record high in April, as domestic sales fall

KUALA LUMPUR (May 10): Bursa Malaysia Securities Bhd (Bursa Securities) on Friday lifted Awanbiru Technology Bhd (KL:AWANTEC), formerly Prestariang Bhd, from its status as an affected listed issuer, after three years.

Bursa lifts Awantec from affected issuer status after three years

KUALA LUMPUR (May 10): The Securities Commission Malaysia (SC) has brought charges against two companies and one individual for offences relating to unlicensed capital market activities.

SC charges Pixelvest, Infinity Trustee and a former director with unlicensed capital market offences

Honda Motor Co forecast another year of record profit on solid demand for hybrids in the US and two wheelers in Asia.

Honda to boost buybacks, sees another record profit on hybrids

(May 10): China is selling more and buying less from Asia, raising the prospect of the mainland exporting deflation to the region, according to economists at Nomura Holdings Inc.

China’s mounting Asia exports increase regional deflation risks — Nomura

Ares Management Corp and Tor Investment Management won a Singaporean court ruling that found an Indonesian borrower in contempt over a US$200 million (RM947.78 million) private credit loan, marking a rare win for direct lenders grappling with legal complexities in Asia.

Private credit lender Ares wins Singaporean court ruling on Indonesia debtor

<p>Hong Leong Investment Bank (HLIB) Research has a “trading buy” rating on Genting Bhd (KL:GENTING) at RM4.52 with a target price of RM7.12 and said it continues to like Genting for its well-established operational presence across diverse regions, mitigating regulatory and country risks.</p>


HLIB says Genting is undervalued, target price RM7.12

Most read this week - Stay up to date with the biggest news and latest trending topics by checking out the top 10 articles of the week. 

Most read this week

<p>KUALA LUMPUR (May 10): Datin Seri Rosmah Mansor faces another legal action, this time revolving around from 1Malaysia Development Bhd (1MDB), SRC International Sdn Bhd and subsidiaries over luxury goods that were allegedly obtained through misappropriated funds.</p>


1MDB, SRC file fresh civil suit against Rosmah over US$350 mil luxury goods

<p>With signs of a simmering settlement with the government in one of the longest-standing civil land disputes in history dissipating, the Court of Appeal (COA) has fixed Sept 19 to hear the appeal by Semantan Estate (1952) Sdn Bhd in its seven-decade dispute over 263.272 acres of land along Jalan Duta that is currently occupied by public properties.</p>


No settlement in sight, Semantan Estate’s appeal to resume in September

<p>Shares of MCE Holdings Bhd (KL:MCEHLDG) rose to their highest in at least two decades after the automotive parts manufacturer said Brahmal Vasudevan of private equity firm Creador is its newest substantial shareholder.</p>


MCE Holdings surges to highest in at least two decades

<p>CIMB Securities Sdn Bhd, a unit of CIMB Group Holdings Bhd (KL:CIMB), said on Friday it is targeting “high” single-digit growth in market share by year end.</p>


CIMB Securities eyes single-digit growth in market share by year end

<p>SINGAPORE (May 10): Oversea-Chinese Banking Corporation Ltd (OCBC) has announced a S$1.4 billion voluntary unconditional general offer for the 11.56% stake in Great Eastern Holdings (GEH) that it does not currently own.</p>


Singapore’s OCBC makes privatisation bid for Great Eastern with S$25.60 offer price

<p>TA Securities has valued ACE Market-bound Smart Asia Chemical Bhd (SAC) at 12 times calendar year 2025 (CY2025) earnings per share (EPS), arriving at a fair value of 54 sen.</p>


TA Securities values ACE Market-bound Smart Asia Chemical at 54 sen 

<p>KUALA LUMPUR (May 10):&nbsp; <a href="https://theedgemalaysia.com/" target="_blank">theedgemalaysia.com</a> highlighted three stocks with positive momentum and five stocks with negative momentum at Bursa Malaysia’s afternoon close on Friday. &nbsp;</p>


Kuchai, VSTECS, AHB, Mclean, Kluang, Prtasco, Skywld, Kobay

<p>Bank Negara Malaysia (BNM) imposed a RM96,250 compound on Habib Jewels Sdn Bhd for non-compliance with the law on anti-money laundering and counter-terror financing.</p>


BNM slaps Habib Jewels with RM96,250 compound for failing to report suspicious transactions

<p>Shares of Globetronics Technology Bhd [KL:GTRONIC] surged on Friday as analysts project a promising outlook for the group's earnings in the second half of the financial year 2024 (2HFY2024), despite first quarter performance below consensus expectations.&nbsp;</p>


Globetronics surges to one-month high as analysts project strong outlook for 2HFY2024

<p>KUALA LUMPUR (May 10): Property developer Paramount Corp Bhd (KL:PARAMON) said on Friday that it has acquired a 21.54% stake in Eco World International Bhd (KL:EWINT) for RM170.61 million in cash, to accelerate its overseas expansion and diversification plan.</p>


Paramount acquires 21.5% stake in Eco World International from Quek Leng Chan for RM170.61m, cash

<p>Shares of Sungei Bagan Rubber Co (Malaya) Bhd (KL:SBAGAN) rose as much as 76 sen or 15.29% to a new record high on Friday, following news a privatisation bid for Great Eastern Holdings Ltd, in which it owns a 1% stake.</p>


Sg Bagan shares jump 15% to record high on Great Eastern privatisation bid

<p>Tan Sri Azam Baki's contract as chief commissioner of the Malaysian Anti-Corruption Commission has been extended for another year, starting&nbsp;this Sunday (May 12).</p>


Azam Baki’s contract as MACC chief commissioner extended for another year

<p>Malaysia’s industrial output rose at a faster-than-expected pace in March from a year earlier with the manufacturing sector leading broad gains, the Department of Statistics Malaysia (DOSM) said on Friday.</p>


Malaysia's industrial output grows faster-than-expected in March, official data shows

<p>KUALA LUMPUR/MUMBAI (May 10): Malaysia’s palm oil stocks increased at the end of April for the first time in six months, as production jumped despite a drop in exports, the industry regulator said on Friday.</p>


Malaysia’s palm oil stocks surge as output jumps despite weak exports

<p>Supermax Corp Bhd’s (KL:SUPERMX) plan to take full control of its loss-making Canadian unit will drag on its balance sheet and income statement, Kenanga Investment Bank flagged.</p>


Supermax's full acquisition of Canadian unit will drag on earnings — Kenanga

<p>KUALA LUMPUR (May 10): Bursa Malaysia’s&nbsp;all-time high indicates that measures under the Madani framework are building investor&nbsp;confidence, said Finance Minister II Senator Datuk Seri Amir Hamzah Azizan.&nbsp;</p>


Bursa’s all-time high indicates Madani Framework is building investor confidence — Amir Hamzah

<p>Inter-Pacific Research Sdn Bhd said that after a two-day consolidation, the key FBM KLCI index could mount a rebound to end the week on a firmer note.</p>


KLCI seen hovering between 1,600 and 1,610 on Friday

<h3>Directors’ duties with respect to&nbsp;financial statements</h3>

<p>In 2011, in the case of Australian Securities and Investments Commission v Healy &amp; Ors, the Federal Court of Australia delivered an important ruling and laid down important principles of law on the standard of care for th...