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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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  • Myanmar’s equity capital market is set for fresh impetus as a handful of companies line up IPOs, with a member of the regulatory body predicting it will be the shot in the arm needed for a market that has slipped into obscurity this year. But although more issuers will be welcome, it is a change in the investor base that is really needed.
  • i-Cable Communications has wrapped up its open offer, but received an underwhelming response from shareholders, according to a filing with the Hong Kong Stock Exchange.
  • Chow Tai Fook Enterprises (CTFE) has rolled out a HK$17bn ($2.17bn) loan for its acquisition of Alinta Energy.
  • The Indian government is off to a strong start with its biggest sell down in power producer NTPC, with the institutional portion of the Rp138.5bn ($2.2bn) trade nearly covered just half a day into bookbuilding.
  • BDO Unibank has mandated firms for a proposed dollar bond, marking a rare international debt offering from the Philippines this year.
  • A former Goldman Sachs banker has decided to come out of retirement to join Standard Chartered in a senior management position.
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