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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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China South City Holdings (CSC) raked in $200m from its Tuesday bond outing in what was a busy day of issuance in Asia’s primary debt market. The competition took a toll on the deal, as demand for the high yield property name was lacklustre. -
Drug company Jacobson Pharma Corp has fired up its Hong Kong listing, which could raise up to HK$753m ($97.1m).
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Vietnam’s Vingroup Joint Stock Company has allocated its $300m borrowing after selling the full greenshoe of $60m.
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Indonesian firm Multipolar raised Rph1.6tr ($124.8m) on Monday evening after offloading a block of shares in Matahari Department Store.
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The Singapore Exchange (SGX) has formed a securities industry working group that will look into ways to improve the market, two months after suffering its worst ever trading disruption.
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The recent decision by the Singapore Exchange’s listings committee to give the green light to dual-class shares has received the usual jibes, with some contending that the move is coming far too late. But this is the big change that market participants have been calling for — even if they don’t know it yet.
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