Malaysia IPO today
FIBROMAT (M) BERHAD
RM0.55
Hong Kong IPO today:
HKSAR GOV N1408
02589.HK
HKD 95.57 – 113.12
📊 [MARKET WRAP] Big Moves, Big Money, Big Shifts!
Mixed earnings, regulatory shakeups, and strategic overhauls dominate headlines across 🇸🇬🇭🇰🇲🇾🇺🇸 markets. Here’s what you need to know 👇
🔹 SGX:G07 | Great Eastern
🟢 Net profit up 13% to $345.5M. Investment gains lift performance. CEO flags global uncertainty ahead.
🔹 SGX:AP4 | Riverstone
🔻 Net profit dives 22% to RM56.4M. Margins squeezed. 3 sen dividend declared.
🔹 SGX:JYEU | Lendlease REIT
🏢 92.1% occupancy. Jem lease uplifted +13%. $120M perpetual issued to refinance April maturity.
🔹 SGX:BEZ | Beng Kuang Marine
📉 PBT falls 63% to $4.18M. FPSO project delays hit revenue. CEO stays optimistic.
🔹 SGX:B26 | Ban Leong Technologies
💸 EpicSoft Asia offers 60.29¢/share. Going private? IFA appointed.
🔹 SGX:M01 | Metro Holdings
🏬 Asia Green 95% occupied. New tenants include Food Empire (SGX:F03), SingHealth.
🔹 SGX:T04 | Thakral Corp
📦 Net profit slips 4.9% to $3.37M. Lifestyle biz strong, forex and tax drag.
🔹 SGX:S63 | ST Engineering
🚢 Wins MINDEF contract for unmanned mine-clearing tech. Delivery starts 2027.
🔹 SGX:A34 | Amara Holdings
🏨 Going private at $0.895/share via DRC Investments. 90.6% shares secured.
🔹 SGX:BUOU | FLCT
💼 DPU drops 13.8% to 3¢. Revenue up 7.5%, hit by vacancies & FX losses.
🔹 SGX:O5RU | AIMS APAC REIT
📈 DPU climbs 2.6% to 9.6¢. Revenue up 5.3%. Leverage improves to 28.9%.
🔹 SGX:U11 | UOB
💰 Net profit flat at $1.49B. Record fees. Credit costs inch up. CEO bullish on ASEAN.
🔹 SGX:5UL | Atlantic Navigation
🚢 Net profit more than doubled to US$1.8M. Post-fleet-sale pivot to services paying off.
🔹 SGX:D05 | DBS
🏦 S$2.9B profit, hit by new 15% global tax. Dividend bumped to S$0.75. NIM at 2.12%.
🇭🇰 Hong Kong Pulse
🔹 HKEX:00823 | LINK REIT
📈 +6.7% to HK$39.95 after CSRC hints at REIT inclusion in Stock Connect.
📉 HSI +0.1% | HSCEI -0.2% | HSTECH -0.8% | Turnover: HK$240B
🔹 HKEX:9868 | XPENG-W
🚁 Planning spin-off IPO for flying car unit XPeng AeroHT in HK or U.S.
🔹 NYSE:ZK, HKEX:0175 | Zeekr/Geely Auto
🚗 Zeekr jumps 10%+ pre-market on privatization bid by Geely Auto.
🔹 Auntea Jenny (Unlisted)
🧋 Pops 26.2% on gray market debut.
🔹 BRETON (Unlisted)
📊 Debut rally! Closed up 38.3%, midday spike 49.2%, ending day +61.1%.
🇲🇾 Malaysia Movers
🔹 KL:SDG | SD Guthrie
🌴 Net profit soars 169% to RM567M. CPO outlook cautious.
🔹 KL:PHARMA | Pharmaniaga
💊 Profit up 15% to RM29.6M. Concession sales & cost cuts fuel growth.
🔹 KL:IBHD | I-Bhd
🏗 Profit doubles to RM9.96M. Tourism + property tailwinds ahead.
🔹 KL:CAPITALA | Capital A
🛫 Shareholders back PN17 regularisation. Aims to go digital & aviation hybrid.
🔹 KL:SCABLE | Sarawak Cable
⚖ To sue liquidators of LCIB over asset disposal conduct.
🔹 KL:JETSON | Kumpulan Jetson
🚨 EGM requisition put on hold after shareholder lawsuit.
🔹 KL:PAVREIT | Pavilion REIT
🏨 RM480M hotel buy (BTKL + PHKL) approved. Portfolio diversification underway.
🇺🇸 Wall Street Watch
🔹 NYSE:DIS, NASDAQ:NVDA, NASDAQ:AAPL, NASDAQ:GOOGL
📈 Fed holds rates. Dow +0.7%, S&P 500 +0.43%, Nasdaq +0.27%.
🎬 Disney +11% on surprise streaming boost
🤖 Nvidia +3% on AI chip hopes
🔻 Apple -1%, Google -7% on AI search competition
🔹 NASDAQ:APP | AppLovin
💥 +13% post-earnings. Selling gaming biz for $400M + 20% Tripledot stake.
🔹 NASDAQ:ARM | Arm Holdings
📉 -9% on weak Q1 guidance.
🔹 Other movers:
NASDAQ:SWKS -4%
NASDAQ:BMBL +8%
NASDAQ:ZG -5%
NYSE:CF +1%
NASDAQ:AXON +5%
