Asean

Kasikorn Asset Management broke new ground last month when it became the first Thai entity to attain a renminbi qualified institutional investor (RQFII) licence. In an exclusive interview with GlobalRMB the CIO of KAsset, Navin Intharasombat, said this is more than just a symbolic move as it is also the first opportunity for Thai-domiciled funds to invest in China directly.

Bank Negara Malaysia (BNM) is looking to build out local payments and investment infrastructure to make the country’s financial markets fully RMB-capable, Adnan Mohamad Zahid, assistant governor, said in a recent speech.

Fast food operator QSR Brands is seeking an IPO to raise more than $500m in Malaysia next year, mandating three local and two international banks.

Bank of America Merrill Lynch's Peter Guenthardt and Chris Gammons are exchanging roles in Asia, with Guenthardt assuming leadership of southeast Asia and Gammons taking over global capital markets.

BOC Aviation has used the full greenshoe on its latest dual-tranche fundraising, wrapping it up at $1.5bn to mark its single largest financing.

Singapore-listed property developer Oxley Holdings has hit the market for a $200m senior secured financing.

Indomobil Finance Indonesia has returned to the syndicated loan market for a $100m borrowing after a break of nearly one and a half years.

Malaysia’s Yinson Holdings doubled the size of the increase option on its overnight share sale, allowing its shareholders to raise MR420m ($101m) on Wednesday.

HSBC has tapped a senior investment banker from Credit Suisse to lead a division of its private bank, naming Johnny Liu as managing director and regional head of global solutions group (GSG), Asia Pacific.

Nicholas Chia has been made the head of equity capital markets and syndicate at Singapore’s OCBC Bank, the latest of Standard Chartered’s former ECM team to land a new role.

There has been a relentless downward pressure on the pricing of investment grade loans this year, as lenders choose to preserve the size and quality of their balance sheets even in the face of diminishing returns. Unfortunately, respite from margin compression is not coming any time soon, as volumes remain low and banks’ liquidity and hunger for assets show no signs of abating. Shruti Chaturvedi reports.

Indonesian property developer Lippo Karawaci excited investors on Monday with its roll out of a longer tenor, high yield bond.