Asean

Malaysia has seen the inaugural green sukuk under the Securities Commission's Sustainable & Responsible Investment (SRI) sukuk framework, highlighting the country’s efforts in meeting the growing needs of global infrastructure and green financing.

Hong Kong-listed China Agri-Products Exchange’s (CAP) rights issue to raise HK$1.3bn ($166.4m) has received "negative feedback" from the city’s bourse and could be rejected.

Singapore Exchange said on Friday that companies with dual-class share (DCS) structures that have a primary listing in developed markets can seek a secondary listing in the city-state.

Asian bond investors reclaimed some of their power this week, but the coup was far from bloodless. Three single-B rated issuers were forced to pull planned dollar bonds. Morgan Davis and Addison Gong report.

JP Morgan taps insider for India ECM — Mizuho hires for debt team — ING hires ex-PSE chief for Philippines — StanChart adds to DCM syndicate team — BNY Mellon names Apac DR head

Single-B rated bond issuers in Asia got a major setback this week, with three debut credits pulling their planned dollar offerings. There were plenty of reasons for their failures, but bankers say the cancellations reflect a debt market transitioning from one dancing to the tune of borrowers to one being dictated by investors.

Standard Chartered has hired a former Barclays banker as an executive director in the Asia DCM syndicate team.

Indonesia’s Paiton Energy has mandated banks for a debut public dollar bond. It will kick off a roadshow this week.

Indonesia’s Bank Tabungan Pensiunan Nasional (BTPN) is back in the loan market with a $155m 360-day deal to refinance debt and for general working capital.

Indonesia’s ABM Investama began marketing its inaugural dollar bond on Tuesday morning, opting for a 144A deal to reach US investors as well.

Malaysian lender Maybank priced its first onshore renminbi bond on July 21, with the Rmb1bn ($148m) three year deal closing books early in the afternoon.

Investors flocked to Parkway Pantai’s senior perpetual offering on Thursday, intrigued by a rare bond from a debut healthcare issuer despite the deal's lack of rating.