Asean

Investors have a rare investment proposition on their hands with Singapore sovereign investment arm Temasek Holdings launching its $1.1bn Astrea III securitization on Friday, a transaction backed with cashflows generated by private equity funds.

Boustead Holdings completed its MR1.05bn ($256.55m) rights offering on Wednesday with a slight oversubscription.

A single bank has launched into syndication a $70m three year facility for Bank for Investment and Development of Cambodia (BIDC).

Barclays names new HK chief — Lee leaves Goldman loans team — Chadha departs from Deutsche — DBS India finds new banking head — Huray for RHB IB

Robert Huray is set to replace Mike Chan as head of Malaysian group RHB’s investment bank, according to sources close to the matter.

A trio of issuers — China Huiyuan Juice Group, Hong Kong Airlines and Global Logistic Properties (GLP) — are preparing offerings in China’s Panda bond exchange market.

Thailand's PTT Exploration & Production (PTTEP) is sounding out holders of its existing 2018s for a cash buyback offer.

Indonesian state-owned oil company Pertamina is understood to have lined up seven banks for a $1.5bn five year fundraising.

Frasers Centrepoint has priced its Singapore real estate investment trust IPO at the top of guidance, bagging S$903m ($666.5m) after investors came out in force at the top of the range.

Malaysia Building Society has fixed the pricing on its MR2bn ($496m) two-call rights issue at MR1 a share, the company said.

In this round-up, China introduces a new calculation for bank’s reserve ratio, trading of RMB futures in Hong Kong drops, the Shenzhen Stock Exchange (SZSE) is ready for Hong Kong Connect, and Singapore’s central bank sees a slowdown in RMB internationalisation. Plus, a recap of GlobalRMB’s coverage this week.

Zhongyu Gas fires up refi — Trans Corp hit syndication — Cheng Loong raising Vietnam funds — Global Bank gets bigger loan