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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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  • Frasers Hospitality Real Estate Investment Trust has launched a rights issue to raise up to S$266m ($195.1m), according to a filing with the Singapore Exchange.
  • State-owned oil giant China National Offshore Oil Corp is talking to banks for a $1bn refinancing linked to its Australian investments.
  • Asia’s oldest bourse, the Bombay Stock Exchange, has taken a step closer to its highly anticipated IPO, while IRB Infrastructure Developers is preparing to launch India’s first infrastructure investment trust.
  • China New University Group Co and Luzhou Xinglu Water Co are looking to float in Hong Kong, and have filed for IPO approvals with the city’s exchange.
  • Powerlong Real Estate Holdings made a bold move coming to the market on the last day of a frantic week in Asia's debt capital markets. But it found its deal 2.7x covered and got away with tight pricing.
  • ASEAN’s capital markets regulators are working on a plan to grow the domestic bond markets of Cambodia, Laos, Myanmar and Vietnam (CLMV), with the Securities and Exchange Commission Cambodia (SECC) leading the charge.
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