Singapore

Credit Suisse has made two senior appointments to its Japan’s investment banking and capital markets division, poaching from Deutsche Securities.

The Asian loans teams at three banks have seen changes recently following exits in Hong Kong and Singapore.

China Jinjiang Environment Holding Co has bagged S$184.3m ($135.8m) after wrapping up a Singapore listing, in a rare transaction from a mainland company.

The Singapore Exchange’s reputation took a beating after its longest ever trading disruption last week, although the incident had minimal impact on equity capital market desks, said bankers.

Singapore’s authorities are set to take action against multiple banks where they have discovered failings in anti-money laundering controls relating to Malaysia’s scandal-hit investment fund 1MDB.

Invitations are out for commodities trader Trafigura’s annual Asian financing, which as in the past couple of years includes a renminbi tranche.

EC World Real Estate Investment Trust has sealed its S$346.4m ($255.2m) Singapore listing after a wealth of interest from Chinese investors pushed pricing near the top of guidance, according to a source close to the IPO.

Just a few weeks apart, announcements were recently made by the Stock Exchange of Hong Kong (HKEX) and Singapore’s SGX respectively about changes to front line regulatory functions they perform. The approaches under these proposals couldn’t have been more different, writes Philippe Espinasse.

Commodities trader Trafigura is expected to launch its annual Asia-focused syndicated loan shortly, with the firm having sent invitations for roadshows in the region.

The Singapore Exchange (SGX) said following a post-mortem into its longest trading disruption last week that it is yet to find out why its backup system failed to kick in after a hardware malfunction.

BNP Paribas is losing a loan syndicate banker in Singapore, according to two sources.

China Jinjiang Environment Holding Co has told investors that its S$184.34m ($137m) Singapore IPO is comfortably covered, as the fixed price offering appears poised to sail through.