Malaysia
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Boustead Holdings is seeking to raise MR1.05bn ($244.88m) in a two-for-five rights offering, as it looks to grow its property development and investment businesses. -
CIMB has let go 32 staff in Hong Kong, mostly in investment banking and equities, as the Malaysian lender continues its three year cost-cutting drive that began in 2015.
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Malaysia’s Khazanah Nasional is gearing up for its first Islamic bond in dollars, having mandated banks to arrange a roadshow.
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Malaysia’s CIMB is understood to have rejigged its equity capital markets operations, with Patrick Tan named the new head of ECM and syndicate for Asia, according to sources.
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Malaysia’s CIMB is understood to have rejigged its equity capital markets operations, with Patrick Tan named the new head of ECM and syndicate for Asia, according to sources.
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Three managing directors in the investment bank of Malaysia’s CIMB are understood to have left to join corporate finance outfit ZJ advisory, a source close to the moves said.
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Malaysian low cost carrier AirAsia is set to make its first outing to the international bond market having mandated three banks to arrange a series of fixed income meetings.
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Hong Kong-listed China SCE Property has completed a $400m fundraising via four mandated lead arrangers and bookrunners.
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Ranhill Holdings will sell shares in its MR807.5m ($188.32m) IPO in Malaysia at a ceiling of MR1.70 apiece, with the trade slated to launch by the end of January, said a banker.
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Deutsche Bank has appointed Simon Roue to the new position of head of DCM for Asia Pacific.
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CIMB Group has picked former HSBC Amanah Malaysia chief, Mohamed Rafe bin Mohamed Haneef, to head its Islamic banking operations following the resignation of the previous CEO.
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Malaysia’s Hong Leong Financial Group has sealed its MR1.1bn ($261m) rights issue as shareholders piled into the trade, leading to an oversubscription.
