Malaysia Morning Wrap: RHB Bank Launches RM10 Billion Multi-Currency Note Program

$納斯達克綜合指數 (.IXIC.US)$ experienced the steepest decline, dropping approximately 1.5%. $道瓊斯指數 (.DJI.US)$ fell about 0.4%, while the $標普500指數 (.SPX.US)$ managed to recover from larger losses, ultimately closing down roughly 0.9%. This decline followed a month and quarter in which both major indices reached new record highs.

$RHBBANK (1066.MY)$: Bhd has officially registered a multi-currency note program with a nominal value of up to RM10 billion with the Securities Commission Malaysia (SC) today. This program has been submitted under the SC's Lodge and Launch Framework, in line with the guidelines for unlisted capital market products. The initiative enables RHB Bank to issue senior notes, tier-2 subordinated notes, and additional tier-1 capital notes in various currencies, including the ringgit, with a total outstanding nominal value capped at RM10 billion.

$AME (5293.MY)$: AME through its wholly-owned subsidiary AME Capital Sdn Bhd, has submitted a request to the Securities Commission Malaysia (SC) to establish sukuk wakalah programs with a total value of RM1.8 billion. The initiative comprises an Islamic medium-term notes (IMTN) program of up to RM1.5 billion, along with an Islamic commercial papers (ICP) program of up to RM300 million.

$SUNZEN (0148.MY)$: It is entering the ophthalmic industry by acquiring a 70% interest in Eye Nation Medical Sdn Bhd for RM6.37 million. The company has executed a share purchase agreement with the directors of Eye Nation Medical, Lee Peng Hwa and Lay Lee Chin, as indicated in the group's filing to the stock exchange on Tuesday. Eye Nation Medical primarily specializes in offering diagnostic equipment and related products for the ophthalmic sector.

$易昆尼克斯 (EQIX.US)$: It has partnered with the Canada Pension Plan Investment Board (CPP) and Singapore’s GIC Pte Ltd to create a joint venture (JV) aimed at developing new data centers. Based in Redwood City, California, Equinix plans to secure over US$15 billion (RM62.43 billion) in capital alongside its partners, as stated in a release on Tuesday, which confirmed a prior report by Bloomberg News. The company anticipates that the JV will acquire land to construct new facilities, potentially adding more than 1.5 gigawatts of additional capacity for clients.