KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.03 points 1,708.10, compared with yesterday’s close of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 and fluctuated between 1,704.86 and 1,715.20 throughout the day. The broader market was negative with losers outnumbering gainers 568 to 523, while 596 counters were unchanged, 1,085 untraded and 19 suspended. Turnover expanded to 4.33 billion units valued at RM2.98 billion from 3.90 billion units valued at RM3.21 billion on Thursday.
Quick Summary Singapore Airlines Ltd has launched a 10-year Singapore dollar senior note offering with initial price guidance of around 2.95% , marking another move by high-grade corporates to lock in long-term funding amid still-favourable market conditions. Deal Snapshot Tenor: 10 years Yield guidance: ~2.95% Maturity: Jan 30, 2036 Coupon: Paid semi-annually First coupon: July 30, 2026 Structure: Senior, unsecured, unsubordinated Programme: S$10 billion multi-currency MTN programme Use of Proceeds Funds raised will be used for: Aircraft purchases and related payments General corporate and working capital needs Refinancing existing borrowings Why It Matters 2.95% for a 10-year SGD note highlights strong investor demand for high-quality credits Reflects confidence in SIA’s balance sheet and recovery trajectory Signals continued depth and liquidity in the Singapore dollar bond market Bookrunners...