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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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  • Philippine property developer DM Wenceslao & Associates has laid the groundwork for an IPO of up to Ps15.6bn ($300m), filing a draft prospectus on Tuesday.
  • Société Générale has promoted Raj Malhotra to the position of head of debt capital markets for Asia Pacific, according to a press release on Wednesday.
  • HSBC has wooed Mark Ma back to its leveraged and acquisition finance team in Asia, poaching him from Platinum Equity, a firm that specialises in mergers and acquisitions.
  • Chinese live streaming platform YY is looking to take its online game broadcasting platform Huya public with a US IPO.
  • India’s IL&FS Transportation Networks had to postpone its dollar bond debut after a series of unfortunate events on Tuesday. A weak market backdrop, a cautious investor base and a hefty pipeline of deals combined to dash its hopes, writes Morgan Davis.
  • Nomura has appointed Yo Akatsuka as its new global investment banking head, amid an annual management re-shuffle, according to an announcement on Tuesday.
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