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 ...
The FTSE Singapore Straits Times Index experienced mixed movements on Friday, Dec 20, 2024, with notable performances from various sectors.
Key Market Highlights
Top Movers on STI
- Top Gainer:
- Singtel (Z74.SG):
- +0.65% to close at S$3.12.
- Top Loser:
- JMH USD (J36.SG):
- -2.33% to end at S$40.23.
REIT Movers
- Top Gainer:
- BHG Retail REIT (BMGU.SG):
- +12.5% to close at S$0.45.
- Top Loser:
- DigiCore REIT USD (DCRU.SG):
- -3.36% to end at S$0.575.
Most Actively Traded Stock
- DBS (D05.SG):
- Declined 1.34% to close at S$42.82.
- Recorded a turnover of S$214.58 million.
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