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  • Two of the pre-IPO investors in Malaysia’s Malakoff Corp have divested their entire residual stake via a MR444m ($105m) block, with the deal buoyed by local demand and strong interest from one domestic pension fund.
  • Thailand's Precious Shipping Public Company (PSL) is looking to make its maiden foray into the offshore bond market with a Singapore dollar deal early next year.
  • Bank of East Asia (BEA) opened books for a dollar-denominated additional tier one (AT1) on November 25, with the Hong Kong lender looking to use the proceeds to fund the purchase of its outstanding legacy tier one instruments.
  • Lee & Man Paper Manufacturing is seeking a HK$2.4bn ($310m) term loan to refinance existing debt and for its general corporate funding requirements.
  • The initiatives taken to bring Chinese and UK markets closer together mark a new height in the bilateral relationship, with more RMB products and a possible Stock Connect link at the heart of future plans, said Nikhil Rathi, the new CEO of the London Stock Exchange (LSE).
  • UNV Digital Technologies has decided not to go ahead with its $150m IPO in Hong Kong after completing investor education, as the issuer felt that market conditions were not in its favour.
  • China Energy Engineering Corp has kicked off bookbuilding for its HK$15.22bn ($1.96bn) listing in Hong Kong, with the state-owned construction firm squeezing 20 cornerstone investors into a deal some bankers are calling expensive.
  • Korea Development Bank (KDB) has sold its second offshore dual-listed renminbi bond, raising nearly twice the amount it was targeting, thanks to reverse enquiry driving the trade.
  • Standard Chartered is set to issue its debut Panda bond on December 7. The Rmb1bn ($157m) three year offering will be the first batch out of the total Rmb2bn Panda bond quota the bank has obtained from the People’s Bank of China (PBoC).
  • Chinese pair Guangdong Rising Asset Management (GRAM) and HNA Group hit the dollar bond market on Wednesday as they look to wrap up their respective fundraisings ahead of the US Thanksgiving holiday.
  • Bain Capital is making its exit from India’s Hero MotoCorp just about a year after it last pared down its holdings. The latest block, worth roughly Rp7.7bn ($116m), is still unfinished however as investors can only be crossed on Thursday when markets re-open after a public holiday.
  • Mortgage lender Banco Hipotecario on Tuesday sold the first international bond from Argentina since Mauricio Macri was elected president, as optimism continues to be tempered by the challenges the leader will face.