AGP Executive Report
Last update: 8 hours agoCorporate Deals & Capital Markets: MRCB shares edged up after it agreed to dispose of 14.83 hectares of Cyberjaya land to Digital Cosmos Malaysia for RM419.05m, as it looks to monetize parts of its landbank and expand data-centre capacity. Banking Earnings: Bank of Commerce (BankCom) reported 13% higher H1 net income to ₱2.11bn, supported by lending growth and FX gains. Corporate Reshuffle: Ramon S. Ang bought a 25.68% stake in Lopez Inc., taking over shares previously held by Eugenio “Gabby” Lopez III, reshaping a major Philippine corporate portfolio. Markets Outlook: HSBC Mutual Fund said Indian equities remain attractive on earnings recovery and private capex, with July ending up 2.2% and FII inflows of $2.5bn. Insurance & Risk: Axa XL agreed to buy remaining shares in S-RM to expand its cyber and geopolitical risk advisory unit. Trade & Regulation: EAEU foreign e-commerce rules are set to take effect from Jan 1, 2027, with goods bought via foreign e-commerce treated as a separate category. Geopolitics & Shipping: CENTCOM said it rerouted 55 commercial vessels while enforcing the Iran blockade, with broader risks to global trade routes. Real Estate: Qatar’s office market showed a prime-versus-secondary split, with Lusail rents rising while secondary assets saw price pressure.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
