Asean

An unnamed investor bagged MR489.3m ($116.1m) from the accelerated sale of shares in Malaysia’s Tenaga Nasional on Wednesday evening, after the deal priced at the tight end of the marketing range.

Citic Envirotech turned to the Singapore dollar market for a perpetual non-call three year bond this week, revising pricing 40bp from initial guidance. The company was helped by its deep roots in Singapore and its ownership by China’s Citic Group.

United Overseas Bank sold its first dollar-denominated AT1 bond this week, managing to widen its investor base after regular appearances in its domestic market.

The head of Thailand’s Bond Market Association tells GlobalMarkets about the potential of blockchain and wider market reforms to increase trading efficiency and help expand the size of its corporate debt market

Standard Chartered has named Abrar Anwar as the new chief executive of its Malaysian business.

Edra Global Energy, the Malaysian power producer formerly affiliated with embattled sovereign wealth fund 1MDB, has started sounding out investors for its IPO.

Malaysia’s Genting Group grabbed an additional $500m on Tuesday from the tap of its debut bond sale earlier this year.

ING has scooped a Deutsche Bank veteran to lead its corporate finance and client coverage divisions in Asia.

Philippines-listed DoubleDragon Properties Corp is gearing up to launch a re-IPO worth Ps7.5bn ($145.6m), aiming the deal firmly at international investors.

United Overseas Bank is making its first foray into the dollar tier one market in more than decade, after approaching investors with an AT1 bond on Wednesday.

Leong Hup International is planning a Malaysia listing that could raise as much as MR2bn ($474m). The company is still firming up the syndicate, according to sources close to the matter.

Malaysian conglomerate Genting Group is looking to add to its inaugural bond sale from earlier this year.