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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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  • Malaysia’s Eco World International has thrown open books to its potential M2.6bn ($578.5m) IPO, signing up three cornerstones to the deal.
  • I am a man of simple pleasures these days, happy to sit in my local with a pint of ale watching football — or if I’m catching up with some chums, a glass of whisky.
  • Philippine-based Wilcon Depot is planning to open books on March 20 for a Ps7.9bn ($156.8m) IPO, according to a notice on the country's stock exchange.
  • Sentiment among fixed income investors turned cautious this week amid expectations of a US interest rate hike and the recent robust supply in the primary Asia ex-Japan market. But market participants are taking heart from the stability in secondary, and believe that the region’s fundamentals and technicals will help overcome challenges. Addison Gong reports.
  • Export-Import Bank of China managed to achieve the lowest spread for a euro bond from a Chinese name this year with its three year in the currency, part of a $3bn-equivalent Reg S deal.
  • JP Morgan taps Tan for SEA DCM — RHB loses SG equities banker — SMBC loans banker leaves
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