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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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Phnom Penh Special Economic Zone (PPSEZ) has reached the last stage in going public, wrapping up bookbuilding for what will be Cambodia’s fourth float. Chief financial officer Fong Nee Wai told GlobalCapital Asia that the strong presence of Thai investors took him by surprise, but the IPO's success was thanks to them. -
Tissue paper maker Youyuan International is tapping the loan market for a $120m 3.5 year facility, marking its return after a gap of two years.
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Singapore’s army of private bank accounts were spoilt for choice this week with a triple-whammy of bank capital transactions that suited them perfectly — an additional tier one from United Overseas Bank and tier two offerings from Société Générale and National Australia Bank.
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The Asia Pacific chief executive of Credit Suisse, Helman Sitohang, said in a conference call on Thursday that the bank is to increase its headcount in the region as it hires wealth managers and adds selectively in the investment bank.
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Chinese bond issuers have suffered from declining interest from European and US investors, as concerns about the slowdown on the mainland has an impact. But with quasi-sovereign State Grid Corp of China sealing its first euro-dollar trade this week, it has demonstrated that, with the right strategy, issuers can find a way to dispel cynicism. Narae Kim reports.
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Zhejiang Geely Holding Group is to start gauging investor interest this week for what would be the auto firm’s first green bond.
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