Significant Event
- Singtel
is acquiring Australia telco infrastructure provider, Axicom for AUD 3.6
billion.
- Keppel
Corp is disposing its logistics arm to Geodis International SAS for SGD 80
million.
Real Estate Industry
·
Senheng Retail is acquiring a 2.9 acres land in
Kapar, Klang from Pintaras Jaya Berhad for RM 25.2 million. The property
acquired will be used as warehouse.
·
Wingtai Holdings is expanding its presence in
Melbourne, Australia via an AUD 49 million acquisition.
Users can get access all the major transactions of offices, lands, and factories
in Malaysia via this tool.
Infrastructure/Logistics
- Titijaya
Land Berhad is partnering with DHL to build a logistics complex in Bayan
Lepas, Penang.
Cash Call/ Debt restructuring
- Japfa
Ltd is listing its China dairy farming business on the HKeX.
- MQ
Technology Bhd is raising RM 14.3 million via placing out 357 million new
shares.
Company Expansion Plan/ Capex Plan
- Aeon Co
is cutting down its capital expenditure plan and focus on rejuvenating
existing malls.
- Cuckoo
is investing more than RM 100 million in Selangor and transform Malaysia
into a regional hub.
- Furniture
player, Sand Nisko Capital is allocating RM 50 million for capital
expenditure.
Users can filter the companies' activities via industry or nature of activities
via using our tool for Malaysia companies and Singapore companies via the link.
Daily Insights
- Shopee
sellers are complaining about lesser sales and the share price of
e-commerce platform are plunging. This data further proves that the surge
in e-commerce transaction during the pandemic is not sustainable. (Read
Full Story) https://www.isquareintelligence.com/articles/Ecommerce-receding
- A great
indicator to forecast the commodity cycle. (Read Full Story) https://www.isquareintelligence.com/articles/audjpy-commodity-cycle
- An
indicator closely looked by traders is showing a recession is near. (Read
Full Story) https://www.isquareintelligence.com/articles/recession-10Y-2Y
- How to
build connection with the world richest man. (Read Full Story) https://www.isquareintelligence.com/articles/career-helping
- Malaysia companies that delivered outstanding quarter
results during March 2022. (Read Full Story) https://www.isquareintelligence.com/articles/quarter-result-2022-03
News we are reading
- Shopee
is leaving the Indian market, another major exit after the company exited
its Europe market a few weeks ago. (Reuters) https://www.reuters.com/business/retail-consumer/exclusive-seas-e-commerce-arm-shopee-shut-down-india-operations-statement-2022-03-28/?fbclid=IwAR35idSuFEZXp_-dbQvA4TwmwJ-IghbSAKNUZTEn2-qyXqsMfpOmzVNNxzI
- Russia
is buying gold at a fixed price. This could be the start of the Russian
Ruble Gold Standard. https://www.reuters.com/business/finance/russian-cenbank-restart-buying-gold-banks-will-pay-fixed-price-march-28-2022-03-25/
If you are an investor, identifying what’s happening in the industry
will give you a long-term view of the industry and ignore the noises. We had
built a tool to help you to focus on the trends that are shaping the landscape
much more easily. Access
it here.
Trades we are monitoring
- Short
unprofitable US tech stocks
- Long US
Treasury Bond
- Long
defensive stocks
- Long on
beaten-down China tech stocks
