KUALA LUMPUR: Sapura Energy Bhd( SEB) has proposed to upsize its multi-currency sukuk programme to

SAN FRANCISCO: Financial technology company AvidXchange Holdings Inc has raised US$ 660mil( RM2. 74bil) in an initial public offering( IPO), pricing its shares at the top of a marketed range, according to data compiled by Bloomberg. The company, whose backers include a Mastercard Inc affiliate and venture capitalist Peter Thiel, sold 26.4 million shares Tuesday for US$ 25( RM103.93) each after marketing 22 million of them.At the IPO price, AvidXchange would have a market value of about US$ 4. 9b

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KUALA LUMPUR: Bank Simpanan Nasional’s( BSN) RM750 million Sukuk Wakalah offering--its maiden issuance in the capital markets--has received a strong response with an oversubscription of 3.48 times. The government-owned bank said the final order book registered total orders valued at RM2.61 billion from over 30 accounts consisting of fund managers, financial institutions, lifers and government agencies. The RM750 million sukuk comes under its recently established Sukuk Wakalah Programme of up to

NEW YORK: Krispy Kreme Inc priced its US initial public offering( IPO) below a marketed range to raise US$ 500mil( RM2bil), short of the US$ 640mil( RM2. 7bil) it had sought. The company said in a statement that it sold more than 29 million shares for US$ 17( RM70.60) each. While the size of the sale was expanded from the almost 27 million shares that Krispy Kreme had planned to sell, the offer price was well below the US$ 21 to US$ 24( RM87.30 to RM99.70) marketed range. Krispy Kreme is valued