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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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  • Huishang Bank Corp has received approval from its board to issue an offshore bond to replenish its additional tier one capital, in a deal that will be the issuer’s debut in the international debt market.
  • Four lenders are close to being mandated for a $400m fundraising for Maybank, according to sources.
  • Bursa Malaysia has announced a handful of changes to its listing requirements as it tries to improve disclosure standards and corporate governance practices on its stock markets.
  • Dutch lender ABN Amro returned to the Singapore dollar bond market for the first time since 2012, raising S$450m ($331m) with a tier two offering.
  • Indonesian department store operator Rimo International has set a new date to obtain shareholder approval for its Rph7.52tr ($576.78m) rights issue, according to a filing.
  • Mongolian Mining Corp (MMC) has failed to pay banks instalments and interest related to loans it raised in 2014, according to a filing with the Hong Kong Stock Exchange.
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