Asean

Myanmar Thilawa SEZ Holdings is set to float on the Yangon Stock Exchange, in what will be the country's second ever IPO.

Phnom Penh Special Economic Zone (PPSEZ) has reached the last stage in going public, wrapping up bookbuilding for what will be Cambodia’s fourth float. Chief financial officer Fong Nee Wai told GlobalCapital Asia that the strong presence of Thai investors took him by surprise, but the IPO's success was thanks to them.

Singapore’s army of private bank accounts were spoilt for choice this week with a triple-whammy of bank capital transactions that suited them perfectly — an additional tier one from United Overseas Bank and tier two offerings from Société Générale and National Australia Bank.

Manulife US Real Estate Investment Trust (Reit) is set to become Singapore’s first IPO of the year, a welcome development for a stock exchange that has suffered from plummeting deal flow. It may just be what the market needs to get going again, writes Jonathan Breen.

Manulife US Reit is set to price its $470m Singapore IPO at the top of guidance, according to sources close to the deal.

United Overseas Bank is set to end an absence of two years from the Singapore dollar bond market, and is taking orders for a Basel III additional tier one capital trade.

Derivatives post-trade initiatives are on the rise in Asia, said post-trade services operator TriOptima, arguing that the region is trying to improve its fragmented regulatory framework and adhere to global financial standards.

Loans for financial institutions continue to flourish in general syndication, with deals for State Bank of India and Malaysia's Maybank progressing smoothly.

A Singapore-based banker who is part of the syndicated finance team at DBS will be moving to a new role next week, according to sources.

Myanmar Thilawa SEZ Holdings has been given the nod to float on the Yangon Stock Exchange (YSX), putting it in line to become the country's second ever listing.

Fullerton Health’s planned $200m IPO will no longer feature Morgan Stanley as one of the leads, leaving JP Morgan and UBS as the two banks handling the Singapore-bound listing.

There is hope yet for special purpose acquisition companies in Malaysia but the regulations may need tweaking after Sona Petroleum became the first Spac to have its planned acquisition rejected by shareholders.