Asia Pacific
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Lifestyle International Holdings, which operates the well-known Sogo department stores, is set to allocate a HK$8bn ($1bn) fundraising shortly. -
Sona Petroleum has become the second special purpose acquisition company (Spac) in Malaysia to face liquidation after it failed to convince shareholders to approve a $25m buyout deal.
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Indian conglomerate Larsen & Toubro is preparing a potential Rp9bn ($134.1m) IPO for its subsidiary L&T Technology Services, just days after pricing the float of one of its other tech units.
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Chinese sportswear maker 361 Degrees has announced the results of a tender offer for its offshore renminbi-denominated notes.
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Dominik Rohe has been promoted to the role of country head for BlackRock Australia, starting his new position in Sydney on Monday.
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The Singapore Exchange (SGX) is planning to create a separate subsidiary that will assume all of its front-line regulatory functions, as the bourse looks to separate its commercial and regulatory roles.
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Hospitality business Genting Hong Kong, which operates cruise liners, has signed a $500m borrowing to refinance debt taken for funding six vessels.
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South Korea’s Busan Bank is looking to tie up its first Basel III compliant transaction in the offshore bond market, opening books on Monday for a dollar tier two capped at $250m.
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India’s Glenmark Pharmaceuticals is looking to make its first foray into the offshore bond market, hiring banks to organise a roadshow this week.
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The Singapore Exchange (SGX) reopened for trading on Friday after a hardware glitch forced it to shut down for half of Thursday, in what was the longest trading disruption ever experienced by the bourse.
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Patrick No has taken up a new role at Credit Suisse as head of financial sponsors coverage in the investment banking and capital markets (IBCM) division for Asia Pacific.
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The Bombay Stock Exchange has set up an escrow account for shareholders to tender their shares for sale in the exchange’s upcoming offer-for-sale, which will ultimately be part of its IPO, according to a document on the bourse’s website.
