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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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Justin Crane, head of loan syndicate and distribution at Standard Chartered, is set to leave the bank at the end of this month, sources said. -
Yoma Strategic Holdings has bagged S$82m ($60.1m) through a placement of 155m primary shares on the Singapore Exchange.
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Four Seasons Education is closing books two days early on its $111m New York Stock Exchange listing, said a banker managing the transaction.
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Sasseur Reit is expected to start pre-deal investor education for a S$500m ($366m) IPO in Singapore from Tuesday, said bankers close to the trade.
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China Education Group is looking to list in Hong Kong by the end of the year with an IPO that is likely to fetch around $400m, according to a source close to the deal.
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New India Assurance Co (NIA) and Mahindra Logistics will both price their IPOs at the top end of guidance, pocketing a combined Rp104.3bn ($1.6bn) from equity investors.
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