Trading ideas: Maybank, CIMB, Capital A, Aeon Credit, Hengyuan, Ramssol, Flexidynamic, MRCB, Zetrix, Rex
Malayan Banking Bhd is extending a US$150mn sustainability-linked loan to AT&S Malaysia, marking the first such loan by a Malaysian and Southeast Asian lender to AT&S and the first such loan by a local lender to a multinational company in Malaysia's semiconductor sector.
CIMB Group Holdings Bhd has set a new sustainable finance target of RM300bn by 2030, more than tripling its previous goal.
Capital A Bhd has inked a memorandum of understanding with Keretapi Tanah Melayu Bhd for a planned collaboration in travel services, food and beverage, loyalty programmes and logistics.
Aeon Credit Service (M) Bhd has made its 10th issuance of sukuk wakalah under the Islamic Commercial Papers programme, with a total nominal amount of RM150mn and a 179-day tenure starting from 14 July 2025.
Hengyuan Refining Company Bhd is planning to raise up to RM300mn through a renounceable rights issue that includes free detachable warrants to finance the purchase of crude oil.
Ramssol Group Bhd has entered into a share sale agreement with Sagtec Global Ltd for the disposal of its 40% equity interest in Rider Gate Sdn Bhd for a disposal consideration of RM25mn.
Flexidynamic Holdings Bhd , a rubber gloves manufacturer, plans to diversify into the gamma sterilisation business by acquiring a 51% stake in Gammatech Sdn Bhd for RM16.1mn.
Malaysian Resources Corp Bhd's wholly-owned subsidiary, Country Annexe Sdn Bhd, and Ipoh Sentral Sdn Bhd will jointly develop Ipoh Sentral in Perak with an estimated gross development value of RM6.3bn.
Zetrix AI Bhd, formerly MyEG Services Bhd , is ramping up expansion across Southeast Asia to reduce reliance on government contracts, said managing director TS Wong.
Independent adviser cfSolutions has advised minority shareholders of Rex Industry Bhd to reject the conditional mandatory takeover offer by controlling shareholder ETA Industries, stating that the 10 sen per share and 0.5 sen per warrant offer is not fair and not reasonable.
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