Southeast Asia
-
-
Sea said its backer Tencent Holdings, the Chinese technology giant, will take up a $100m portion of the southeast Asian e-sports company’s $696m IPO in the US. -
Myanmar may be in the middle of a crisis as more than half a million Rohingya flee anti-Muslim militants. But investors are willing to look past the humanitarian crisis and find opportunities in the frontier market.
-
Big questions remain around how China’s ambitious Belt and Road Initiative will be financed. But experts tell GlobalMarkets the answer, or at least part of it, may be in asset-backed securitization — with Indonesia making some headway recently and China gearing up for some action.
-
A trio of Asian firms listing in the US have received stellar responses to their IPOs, with Qudian, Rise Education and Sea all getting the thumbs-up from investors.
-
An unnamed investor bagged MR489.3m ($116.1m) from the accelerated sale of shares in Malaysia’s Tenaga Nasional on Wednesday evening, after the deal priced at the tight end of the marketing range.
-
Citic Envirotech turned to the Singapore dollar market for a perpetual non-call three year bond this week, revising pricing 40bp from initial guidance. The company was helped by its deep roots in Singapore and its ownership by China’s Citic Group.
-
United Overseas Bank sold its first dollar-denominated AT1 bond this week, managing to widen its investor base after regular appearances in its domestic market.
-
The head of Thailand’s Bond Market Association tells GlobalMarkets about the potential of blockchain and wider market reforms to increase trading efficiency and help expand the size of its corporate debt market
-
Standard Chartered has named Abrar Anwar as the new chief executive of its Malaysian business.
-
Edra Global Energy, the Malaysian power producer formerly affiliated with embattled sovereign wealth fund 1MDB, has started sounding out investors for its IPO.
-
Malaysia’s Genting Group grabbed an additional $500m on Tuesday from the tap of its debut bond sale earlier this year.
