Malaysia

Wang Xiao Zhou, who heads up loan syndication and product portfolio management at Bank of China, is leaving for a new position with Bank of China Group Investment (BoCGI).

Maybank has appointed Mohaiyani Shamsudin as the new chairman of its investment bank, replacing Megat Zaharuddin Megat Mohd Nor, who has moved to a new position within the group.

The inevitable set of quarter end data is set to arrive as March winds down. While G3 bond volumes from southeast Asia will be disappointing, there are plenty of other reasons to be positive.

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.

Citi veteran David Ratliff has resigned as Asia Pacific head of the public sector group, according to an internal memo seen by GlobalCapital Asia.

CIMB’s regional head of equity capital markets is understood to have tendered his resignation after more than a decade with the Malaysian lender, according to sources.

Malaysian telecommunications group Axiata extended its credit curve this week, raising $500m from a 10 year wakala sukuk.

Intercontinental Exchange has begun clearing the iTraxx Australia and Asia ex-Japan Investment Grade credit default swap indices, as well as six individual sovereign credits in the region.

Malaysian telecommunications giant Axiata Group and Bank of Communications Financial Leasing are looking to tie up their respective dollar offerings on Tuesday with the former executing a sukuk and the latter a conventional bond.

Malaysia Building Society (MBSB) has announced a two-call rights issue that will see it raise up to MR2bn ($487m) from shareholders.

In this round-up, Malaysia opens RMB qualified foreign institutional investor (RQFII) applications, Macau launches a RMB real time gross settlement (RTGS) payment system, China Construction Bank (CCB) will join the new London silver fix, and the Singapore Exchange (SGX) reported a strong start to RMB currency futures trading in 2016. Plus, a recap of GlobalRMB's top stories this week.