Asean

Manulife US Real Estate Investment Trust has raised $208m to fund the acquisition of a Jersey City property after investors poured into its rights issue, according to a filing on Thursday.

The order books for Vincom Retail’s record-breaking IPO in Vietnam will close a day early. The D15.4tr ($677.9m) listing has already attracted heavy demand.

Malaysia’s RHB Bank has hired Ankur Khandelwal from Barclays to head its Asia ECM unit, according to sources close to the matter.

China Minsheng Bank has named Sheau Huei Wang as the new head of syndicated finance, succeeding Foster Lee who left the firm earlier this month.

Singapore Exchange (SGX) is stepping up its efforts to attract new listings by partnering with Nasdaq, as Asian issuers increasingly look to tap global investors.

Vincom Retail is treading new ground in Vietnam’s snail-paced listing market, aiming to list its shares just two weeks after the IPO. But any hopes that this will be the dawn of a new age may be dashed. The big deals set to follow are a slew of privatisations — and Vietnam’s state-owned enterprises are notoriously tardy.

China Construction Bank Corp closed its first Singapore dollar bond on Monday, taking advantage of the thriving local currency market in southeast Asia.

Malaysia’s Press Metal Aluminium Holdings has mandated banks for its maiden foray into the dollar bond market.

Shares in Malaysia’s CIMB Group Holdings have been sold down for the third time this year through an overnight block trade, though at a lower price than the previous two deals.

Singapore-based agriculture company Olam International has secured a $1.75bn revolving credit facility (RCF) with 21 banks.

Vincom Retail covered books within hours of starting to take orders for its IPO, which could raise D15.4tr ($677.9m), a huge deal by the usual standards of Vietnam’s domestic equity market.

China Construction Bank Corporation launched a Singapore dollar bond on Monday, preparing to issue the bond through its local branch.