Asean

HSBC Holdings stormed into the Singapore dollar bank capital market on June 1 with a S$1bn ($722m) additional tier one that notched up a number of firsts, as the issuer took advantage of the liquidity and stability of the currency.

Cambodia’s Sihanoukville Autonomous Port has wrapped up the subscription period for its Riel108.1bn ($26.5m) IPO, concluding the country’s fifth and largest listing to date.

The Republic of Indonesia priced a ¥100bn ($900m) bond on Wednesday, its first public Samurai deal in decades and its maiden fundraise following an upgrade to its credit rating. Although the issuer was forced to drop a 10 year tranche, its transaction was a blow-out, reflecting Japanese investors’ strong interest in foreign paper. Addison Gong reports.

Three banks will supply funds to back private equity firm Partners Group's acquisition of business process outsourcing firm SPi Global.

Investors threw their weight behind two IPOs in Asia this week, with WuXi Biologics set to price at the top of expectations in Hong Kong and Singapore’s HRnetGroup getting covered across the range.

Online gaming and media platform VNG Corp is eyeing a listing on the Nasdaq, potentially the first US IPO from a Vietnamese firm, according to a statement from the company.

DBS Group Holdings and HSBC Holdings are wooing debt investors, with the former seeking a dollar senior deal, and the latter a Singapore dollar perpetual. The Export-Import Bank of China (Chexim) is also collecting bids for its fundraising.

Bank Islam Brunei Darussalam is understood to be eyeing a possible $500m IPO in Malaysia, the first listing of a Bruneian issuer on any exchange.

Chandra Asri Petrochemical is looking to bring a Rph6.2tr ($462.2m) rights-plus-block trade combo to the market, in what will be a liquidity event for the Indonesian firm.

Online gaming and media platform VNG Corp has set in motion plans for an IPO on the Nasdaq, which would make it the first Vietnamese firm to list in the US, according to a statement from the company.

Credit Suisse and United Overseas Bank have become the latest lenders to be penalised by the Monetary Authority of Singapore for breaches related to scandal-hit Malaysian sovereign wealth fund 1MDB.

Singapore Exchange and Infocomm Media Development Authority (IMDA) signed a pact on Wednesday to help fast growing technology companies raise capital in the country's private and public markets.