Malaysia’s corporate landscape saw a mix of fundraising activities, renewable energy expansion, IPO enthusiasm and balance sheet restructuring dominate headlines, reflecting continued investor appetite for growth and defensive sectors despite broader market caution. Tenaga Advances Renewable Energy Push KL: TENAGA strengthened its renewable energy ambitions after its subsidiary issued RM1.05 billion in Asean Green SRI Sukuk to finance a 500MW solar photovoltaic project in Kedah . The issuance highlights increasing institutional support for green financing and reinforces Tenaga’s long-term transition towards cleaner energy infrastructure. Investors may view the move positively as ESG-linked investments continue gaining traction across regional markets. Mr DIY Expands Funding Flexibility KL: MRDIY raised RM540 million via its maiden bond issuance , with proceeds earmarked for refinancing, working capital and expansion plans. The ...
KUALA
LUMPUR (Jan 3): The FBM KLCI rose 10.09 points or 0.6% while trading
volume across Bursa Malaysia topped five bllion shares on Malaysia's
14th general election cue.
Such sentiment was apparent as investors bought Malaysian government-linked stocks like Petronas Gas Bhd and Sime Darby Bhd, according to fund managers.
Bloomberg quoted Areca Capital Sdn Bhd CEO Danny Wong Teck Meng as saying "investors are buying into the nation’s government-linked companies ahead of a national election" this year.
Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew told theedgemarkets.com that Malaysian shares rose "due to the stimulus programme from central banks around the world".
Across Bursa Malaysia today, trading volume was 5.11 billion shares worth RM3.68 billion.
Yesterday, the bourse recorded a trading volume of 3.69 billion shares worth RM2.11 billion.
Today, Bursa Malaysia shares rose 28 sen to RM10.40 to become the seventh-largest gainer across the exchange.
Source: The Edge
Such sentiment was apparent as investors bought Malaysian government-linked stocks like Petronas Gas Bhd and Sime Darby Bhd, according to fund managers.
Bloomberg quoted Areca Capital Sdn Bhd CEO Danny Wong Teck Meng as saying "investors are buying into the nation’s government-linked companies ahead of a national election" this year.
Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew told theedgemarkets.com that Malaysian shares rose "due to the stimulus programme from central banks around the world".
Across Bursa Malaysia today, trading volume was 5.11 billion shares worth RM3.68 billion.
Yesterday, the bourse recorded a trading volume of 3.69 billion shares worth RM2.11 billion.
Today, Bursa Malaysia shares rose 28 sen to RM10.40 to become the seventh-largest gainer across the exchange.
Source: The Edge
Comments
Post a Comment