AGP Executive Report
Last update: 10 hours agoCapital Markets: Philippine President Ferdinand Marcos used GCash parent Mynt’s stock-market debut to call for reforms and broader investor participation; a new law has cut the stock transaction tax from 0.6% to 0.1%. Corporate Deals: Gulf Keystone and ShaMaran agreed to an all-share merger valuing ShaMaran at about $601 million, creating a producer targeting output of 53,000 barrels a day. Business Financing: Otter.ai secured $320 million in repayable growth financing from General Catalyst to expand enterprise sales and overseas operations, without diluting shareholders. Infrastructure Investment: Türkiye plans to spend about $80 billion on electricity transmission and distribution by 2035, as it scales up renewable power. Corporate Oversight: Malaysia says authorities froze RM4.3 billion and seized RM1 billion in assets linked to alleged corporate crimes between late 2022 and September 2026. Small Business: Ugandan lender dfcu is engaging SMEs on financing and expansion, as businesses face rising costs and working-capital constraints.
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