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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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  • Cambodia’s Sihanoukville Autonomous Port has wrapped up the subscription period for its Riel108.1bn ($26.5m) IPO, concluding the country’s fifth and largest listing to date.
  • Dena Bank is seeking shareholder consent to raise up to Rp18bn ($279m) via a qualified institutional placement, India’s latest FIG name to tap equity markets for funding.
  • Hong Kong’s FWD Group and Chinese leasing firm Far East Horizon are wooing investors for their respective perpetual deals, while Tunghsu Group Co is gauging interest for its debut international bond.
  • Citi has picked Munir Nanji to head its Global Subsidiaries Group (GSG) for Asia Pacific, as the bank aims for a slice of the growing intra-Asia trade flows of its multinational clients.
  • The Shenzhen Stock Exchange and Bombay Stock Exchange have signed a memorandum of understanding to promote capital markets co-operation, in a bid to give a fillip to small and medium enterprises and innovative companies.
  • There was just a smattering of public sector dollar deals this week — but a wide difference in how they fared.
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