Malaysia News & Highlights

 

Economics

• Cagamas gets overwhelming response for Malaysia's first ASEAN SRI Sukuk

Quarterly Results

• Pavilion REIT's 3Q NPI up 56% q-o-q to RM61m on higher revenue

• Robust demand drives Vitrox 3Q revenue to record high while net profit more than doubles

• Eupe 2Q net profit up 56.85% on higher property sales

Company Outlook and Developments

• ACO unit secures term loan facility from HSBC Amanah

• Sime Darby Plantation's unit to pay Hastings Deering's suppliers in US dollars

• MAHB presses ahead with suit against AirAsia X to claim RM78m payment

• Luster outlines steps to ensure new glove venture success

• RHB extends payment assistance for customers until June 2021

• Bursa reprimands FSBM, six directors for delay in issuing annual report

• MMC mulls reviving US$1b port assets IPO — sources

• AirAsia secures loan, capital raising progressing — executive

• Sarawak Energy secures Malaysian utility sector's first sustainability-linked loan

• Digi’s largest shareholder Telenor sees increasing operating pressure on Malaysian business

• Affin Bank launches RM15m financing scheme for start-ups

• Sime Darby Property revises terms of AA+IS-rated RM4.5b sukuk

Foreign News

• Stocks close higher after Pelosi points to progress on coronavirus stimulus talks, banks lead gain

• European markets close lower with U.S. stimulus, consumer data and earnings in focus

• Oil advances despite U.S. gasoline build (Overnight Closing)

• FDA approves Gilead’s remdesivir as coronavirus treatment

• China fintech firm Lufax seeks up to US$2.36 billion in IPO