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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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Credit Suisse’s Asia Pacific business performed strongly in the first quarter of 2017, with robust results coming from the wealth management and connected business (WM&C). -
Cambodian state-owned Sihanoukville Autonomous Port launched bookbuilding for a potential Riel111.0bn ($27.2m) IPO this week, which could make it the largest in the country.
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JP Morgan has given a fillip to its equities business in Australia and New Zealand, poaching three former Goldman Sachs bankers, according to a memo seen by GlobalCapital Asia.
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School textbook publisher S Chand and Co’s Rp7.3bn ($112.8m) IPO, which was launched in India on Wednesday, had a book that was 1.8 times covered and growing as of Thursday evening.
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South Korean low-cost carrier Jin Air is looking to raise at least $200m from an IPO in 2017, according to a source close to the deal.
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State Grid Corporation of China on Wednesday snapped up $5bn from a four-trancher — the largest G3 bond so far this year. In addition to size, the issuer also achieved tight pricing, said market participants.
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