Asia Pacific

The South Korean subsidiary of Japan-based footwear retailer ABC-Mart is making its third attempt to list on the Korea Exchange.

China South City Holdings (CSC) raked in $200m from its Tuesday bond outing in what was a busy day of issuance in Asia’s primary debt market. The competition took a toll on the deal, as demand for the high yield property name was lacklustre.

Drug company Jacobson Pharma Corp has fired up its Hong Kong listing, which could raise up to HK$753m ($97.1m).

Vietnam’s Vingroup Joint Stock Company has allocated its $300m borrowing after selling the full greenshoe of $60m.

Indonesian firm Multipolar raised Rph1.6tr ($124.8m) on Monday evening after offloading a block of shares in Matahari Department Store.

The Singapore Exchange (SGX) has formed a securities industry working group that will look into ways to improve the market, two months after suffering its worst ever trading disruption.

The recent decision by the Singapore Exchange’s listings committee to give the green light to dual-class shares has received the usual jibes, with some contending that the move is coming far too late. But this is the big change that market participants have been calling for — even if they don’t know it yet.

Indonesia’s Aneka Gas Industri has wrapped up its Rph1.0tr ($77.0m) IPO after pricing towards the middle of price guidance, with strong demand seen from local and foreign long-only investors.

Inner Mongolia Energy Engineering Co is planning to float in Hong Kong, filing a draft prospectus with the city’s stock exchange on Monday.

Korea Development Bank was courting investors on Tuesday for its fixed rate dual tranche dollar offering, replicating the SEC-registered format used for its January outing.

Indiabulls Housing Finance is looking to raise a minimum of Rp10bn ($150m) from its maiden Masala bond, becoming only the third Indian corporate to seek offshore rupees in the public market.

GF Securities has finally settled on raising HK$8bn ($1bn) from its latest syndicated loan, doubling the size of the fundraising due to robust demand.