Asean

Royal Industries Indonesia is understood to have failed to repay the first principal installment on a $380m loan raised in 2015.

Malaysia's Serba Dinamik Group is planning to raise as much as MR600m ($150.3m) in an IPO that could hit the market by the end of 2016, according to a source familiar with the matter.

Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, has signed up Siam Commercial Bank as its first client in Thailand for a credit valuation adjustment (CVA) solution.

The Chicago Board Options Exchange has obtained regulatory approval for its CBOE Futures Exchange (CFE) to become a registered market operator in Singapore.

Indonesian lender Bank Tabungan Pensiunan Nasional, which is backed by Sumitomo Mitsui Banking Corp, is seeking $155m from the syndicated loan market.

Commodities trader Noble Group is in the spotlight again after Fitch and Moody's published divergent ratings on Monday. Fitch took a more benign view on Noble, but Moody's downgraded it to B2 from Ba3 with a negative outlook.

Malaysia’s Sime Darby is injecting its Australian properties into Singapore-listed Saizen Real Estate Investment Trust via a reverse takeover in exchange for new units and cash raised from bank debt.

Mizuho Securities Co and Maybank Kim Eng have formed a partnership to boost their equity brokerage businesses by offering research and trading execution services between Japan and Malaysia.

Tulip Maple Berhad, a wholly-owned subsidiary of Telekom Malaysia, has printed its first sukuk to be sold outside of Malaysia.

A power plant construction firm from Indonesia and an equipment and infrastructure finance company from India are raising debt worth a collective $125m.

Vietnam Engine and Agricultural Machinery Corp is set to raise at least D2.4tr ($107.6m) from a listing as it tees up the country’s largest IPO so far this year.

The Yangon Stock Exchange has given the go ahead to Myanmar Citizens Bank (MCB) to float on the bourse, which will make it the third entity to do so.