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 ...
📈 Gapping Up
Pfizer (PFE)
- +2.9%
- Pfizer expects its 2025 profits to align with expectations as it focuses on cost control and debt reductionthrough the sale of non-core assets, rebuilding post COVID-19 sales slump.
Coinbase (COIN) & MicroStrategy (MSTR)
- COIN: +0.8% | MSTR: +0.7%
- Crypto stocks rally on Bitcoin surpassing $107,000, reflecting strong investor sentiment in the crypto market.
SolarEdge Technologies (SEDG)
- +13%
- Upgraded by Goldman Sachs to ‘Buy’ from ‘Sell’, citing 2025 as a turnaround year for the solar energy firm.
📉 Gapping Down
NVIDIA (NVDA)
- -1.6%
- Shares continue to slide, entering correction territory, as recent momentum in chip stocks cools.
Affirm Holdings (AFRM)
- -3.7%
- Shares fell after announcing a $750 million private note offering and plans to repurchase up to $300 million in common stock.
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