Singapore

Stressed situation in oil and gas exposures weigh on annual results, but CEOs hope to see a wealth management upside

Sumitomo Mitsui Banking Corp has beefed up its loans distribution team for Asia, in line with its objective to build its capabilities in the business.

Singapore-based Fullerton Healthcare sealed an inaugural dollar-denominated perpetual from a company in the healthcare sector in Asia, bagging a larger-than-expected $175m from its first dollar outing on Thursday.

Senior loans banker Sean Joseph left ANZ Bank on Friday, according to a source close to the matter.

High-end solar panel maker REC Solar has approached lenders in Asia for the first time, as it looks to raise up to $330m.

Chinese issuers Fujian Yango Group and Tewoo Group Co, alongside Fullerton Healthcare Corp from Singapore, are wooing investors for their respective dollar bonds with roadshows set to take place this week.

The Monetary Authority of Singapore aims to boost the green bond market by introducing a grant scheme this year to incentivise socially responsible issuers.

Singapore’s Viz Branz Holdings called off a S$213m ($151m) IPO on the night it was due to price, indefinitely postponing its comeback to the public markets.

Temasek-owned Mapletree Investments is planning to list Singapore's first trust consisting of student accommodation once the portfolio reaches a size of S$4bn-S$5bn ($2.9bn-$3.6bn).

Oil products storage and distribution firm Puma Energy is back in the loan market for a two-pronged $570m financing, to extend as well as replace some of its existing debt.

Bank of America Merrill Lynch’s head of southeast Asia FIG investment banking and a managing director in the Asia Pacific financial sponsors group have left.

The MTN market for real estate developers in Singapore has sparked to life. This could be linked to the government’s relaxation of property market measures that took effect on March 11.