Southeast Asia
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Jose Arnulfo “Wick” Veloso, who resigned from HSBC earlier this month, will replace Philippine National Bank head Reynaldo Maclang in November. -
Sapura Energy is looking to raise MR4bn ($976m) for a recapitalisation exercise from a combination of a rights and warrants issue and a sale of preference shares.
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San Miguel Food & Beverage is gearing up for what is expected to be one of the largest stock sales out of southeast Asia in the second half of this year.
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Indonesia’s Modernland Realty raised $150m on Tuesday to offset some of its pressing debt maturities, becoming the country’s first high yield bond issuer since May.
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Credit Suisse has rejigged the leadership of its private bank in Asia, making Francois Monnet and Benjamin Cavalli heads of the division for north and south Asia respectively.
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Jose Arnulfo “Wick” Veloso has resigned from his position as president and chief executive of HSBC Philippines.
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Singapore Telecommunications bagged $500m from an opportunistic outing on Monday, leveraging on its rarity value and investment grade credentials to woo investors.
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Singapore Telecommunications and a Hangzhou local government financing vehicle both hit the dollar bond market on Monday, already putting Asia’s debt market ahead of the one dollar issuance last week. But bankers say there is little more to come.
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KBS Realty Advisors is preparing to float its second Reit in Singapore backed by US commercial properties, bankers close to the deal said.
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Oversea-Chinese Banking Corp (OCBC) reopened Singapore’s additional tier one market this week, managing to raise S$1bn ($726.87m) from the first such deal in 14 months.
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Deutsche Bank taps Ngan for ECM — Citi names first BRI head — Li emerges at Citic — Morgan Stanley promotes in SEA — Nomura hires for Korea DCM
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Standard Chartered has rearranged its primary and secondary debt business, creating a global credit markets team that will be run by Henrik Raber, its long-time capital markets head.
