Asean

First Myanmar Investment became the first firm to debut on the Yangon Stock Exchange last Friday — three months after the bourse was officially launched. The stock opened with a bang, jumping about 19% on the first trading day.

Citi has lost its vice-chairman for Asean corporate and investment banking Tracey Woon, who is joining UBS in the third quarter of 2016.

Wang Xiao Zhou, who heads up loan syndication and product portfolio management at Bank of China, is leaving for a new position with Bank of China Group Investment (BoCGI).

The Republic of the Philippines is getting ready to meet investors to provide them an update on recent economic developments and performance.

A $300m dual-tranche loan for a subsidiary of palm oil producer Golden-Agri Resources has wrapped up with just two new banks coming in.

Maybank has appointed Mohaiyani Shamsudin as the new chairman of its investment bank, replacing Megat Zaharuddin Megat Mohd Nor, who has moved to a new position within the group.

Oil and gas company KrisEnergy has extended a $111m revolver by one year, according to a release last Friday.

The inevitable set of quarter end data is set to arrive as March winds down. While G3 bond volumes from southeast Asia will be disappointing, there are plenty of other reasons to be positive.

Taiwanese conglomerate Formosa Plastics Group has increased the size of its latest borrowing to $3.5bn from $2.5bn.

Indonesian gas-to-power specialist MAXpower Group is looking to rejig terms on a $222m five year syndicated loan sealed in 2015.

The Yangon Stock Exchange opened last Friday to a fervent day of trading with the debut listed stock, First Myanmar Investment, jumping about 19% on the first day.

Four lenders are close to being mandated for a $400m fundraising for Maybank, according to sources.