Asia Pacific

CT Corp company Trans Retail, which had been in discussions with banks for a fresh financing since late last year, is on the verge of signing the deal.

New Silkroad Culturaltainment has wrapped up a HK$1.5bn ($193.4m) open offer, with orders barely covering over a third of the transaction, according to a filing with the Hong Kong Stock Exchange on Monday.

Standard Chartered has appointed a new head of bond syndicate for Asia, a spokesperson at the bank told GlobalCapital Asia on Tuesday.

Nomura has made two senior hires in Hong Kong, creating new positions in equity sales trading and prime finance, according to separate memos seen by GlobalCapital Asia.

Property developer China Jinmao Holdings Group is marketing a dollar-denominated subordinated bond — its first hybrid offering.

Indian oil producer Bharat PetroResources (BPRL) and Hong Kong’s New World Development Company have announced their respective bond offerings after wrapping up roadshows on Monday.

Asset manager Barings has tapped a new chief executive officer for its South Korean operations, according to a Tuesday announcement.

RMB transactions may be shifting onshore but efforts still need to be made to improve the liquidity of offshore renminbi to aid the internationalisation of the currency, according to a report released by the Hong Kong Stock Exchange last week.

The leads on Serba Dinamik Holdings are guiding investors towards the top of the marketing range on its MR584.1m ($130.5m) Malaysian IPO.

Myanmar’s First Private Bank will become the fourth name to list on the country’s budding exchange, with its shares set to start trading on January 20.

South Korean game developer Netmarble Games is on track to start pre-marketing its up to W2tr ($1.7bn) IPO shortly after Chinese New Year, according to a banker working on the trade.

Four corporates from Greater China announced their respective plans to sell bonds on Monday, setting the stage for a potentially busy week of primary issuance in Asia.