Singapore

Dasin Retail Trust has become the latest Chinese issuer to tap a Singapore listing, raising S$146m ($102m) in its IPO last week. While mainland-sponsored trusts have enjoyed relative fundraising success in the city-state, they have stuck to a tried and tested formula. Future issuers should break the mould.

Singaporean issuer DBS Bank is set to close its first euro covered bond, four months after putting the transaction on hold.

Singapore’s Mapletree Investments raised S$625m ($438m) from its debt outing on Thursday, marking the first public Singapore dollar bond of the year.

Dasin Retail Trust has sealed 2017's first mainboard listing on the Singapore Exchange, raising S$146m ($102m) via a fixed priced offering.

Corporates from Hong Kong, China and Singapore were clamouring for investors’ attention on Thursday for their respective offerings.

Temasek-owned Mapletree Investments is preparing a perpetual bond, hiring two firms to work on the transaction. The currency is yet to be decided, but the firm is mulling between US and Singapore dollars.

Dasin Retail Trust has thrown open books to its S$146m ($102m) listing in Singapore, kicking off the southeast Asian IPO market for 2017.

Credit Suisse has rejigged its Singapore country management team with the appointment of a new chief executive, deputy CEO and branch manager, all effective from January 1.

Natixis has beefed up its aviation finance division with a number of senior appointments in Singapore and London, citing “robust growth for the business line" as the reason behind the developments.

Dasin Retail Trust could be the first out of the gate with a decent-sized southeast Asian IPO this year, with books slated to launch as early as this week.

ECM activity in Asia has slowed to a trickle in the week before Christmas, but investors still have something to chew on courtesy of two real estate investment trusts in southeast Asia.

The Singapore Exchange has received certification that its kilobar gold futures contract is now Shariah-compliant.