Asia Pacific

CSI Properties completed a swift transaction on Monday in a market that is starting to slow down due to the summer break. Despite being unrated and with few direct comparables, the firm managed to slip in its first dollar bond in more than three years.

Singapore-listed Ezion Holdings has wrapped up a rights issue of nearly 500m new shares, raising S$141.3m ($105.3m).

The Employees Provident Fund (EPF) of Malaysia is making a rapid return to the loan market, mandating two lenders for a £240m ($317m) new money trade.

Kunming Dianchi Water Treatment Co is looking to float on the Hong Kong Stock Exchange, having filed a draft prospectus with the bourse on Monday.

In a rarely seen occurrence in Asia, a Chinese company-led consortium is set to use staple financing to support its acquisition of shares in Australian company GenesisCare, according to sources.

China Mengniu Dairy has returned to the loan market for a $200m fundraising, two years after its offshore debut.

The budding Chinese non-performing loans securitization market recorded its fourth transaction in little more than two months with Agricultural Bank of China (ABC) completing a Rmb3.06bn ($462m) offering — the largest on record since the asset class restarted this year.

Samsung Heavy Industries Co could be mulling a rights issue to raise as much as W1.7tr ($1.5bn) by the end of this month or early September, after posting higher than expected operating losses.

Deutsche Bank has appointed Orlando Faulks as head of corporate finance for Japan starting November, when Ken Kawashima returns to his old position.

Singapore’s Ascendas Real Estate Investment Trust has launched an accelerated bookbuild of new units worth up to S$155m ($114m) to fund acquisitions in Australia and for its local projects.

Mizuho Financial Group has appointed Jaj Singh as executive director and head of financials research for Asia ex-Japan, poaching him from Nomura.

Indian construction firm Dilip Buildcon has kicked off bookbuilding for its potential Rp6.6bn ($98.9m) listing, as local mattress maker Sheela Foam files a draft prospectus for its own IPO.