Asean

Mitsubishi UFJ Financial Group has named Goh Kiat Seng as co-head of global corporate banking for its Malaysian subsidiary, effective July 12.

Vietnamese conglomerate Vingroup Joint Stock Company has closed an oversubscribed $400m five year loan to support its automobile business.

Philippine conglomerate San Miguel has closed senior syndication of its $1.1bn loan, attracting seven participants, according to a banker close to the situation.

Singapore Exchange (SGX) on Tuesday announced that it would allow market participants to centrally clear bespoke FX futures with a new service. The exchange is aiming for an August 27 launch date.

Indonesian power company Perusahaan Listrik Negara is seeking an up to $2bn debut loan, but has surprised some bankers with the tight pricing on offer.

Indian business process outsourcing company Aegis has closed a $150m leveraged buyout loan after a seven-month syndication process that attracted only three participants.

Standard Chartered has named Patrick Lee as chief executive officer for Singapore.

Malaysia’s Sapura Energy plans to spin off its exploration and production arm through an IPO, having picked two banks to lead the transaction.

Udhay Furtado has left Goldman Sachs after 12 years with the US bulge bracket firm to take up a new role at Citi.

Hangzhou Steam Turbine & Power Group is seeking a new $100m offshore borrowing.

Commodities trader Trafigura has sent out invitations to relationship banks for its annual refinancing exercise.

The Singapore Exchange (SGX) has approved listings with dual-class share structures, a few months after a similar move by rival Hong Kong.