Southeast Asia

Foreign investors look set to be allowed into Myanmar's capital markets soon, with new laws close to approval. The news is very welcome as growth has stalled in the country's markets since the first shares started trading on the Yangon exchange last year. However, any celebrations must be tempered by the experiences of Myanmar's neighbouring countries and it must take care to avoid similar pitfalls.

ANZ has appointed Rufus Pinto as the chief executive officer of Laos, according to a Tuesday statement from the Australian lender.

Buriram Sugar Group Power Plant Infrastructure Fund priced its IPO in Thailand near the top of the marketing range last Friday to raise Bt3.6bn ($108.2m).

Singapore-based Novena Global Lifecare Group is gunning for a listing on the Taiwan Stock Exchange to raise $150m for regional expansion.

Oil and gas exploration and production company Medco Energi Internasional is eyeing the offshore market for a senior bond, and will meet fixed income accounts in Asia, Europe and the US.

Two banks have underwritten a $4.65bn financing package for the acquisition of Singapore’s Global Logistic Properties (GLP) by a consortium of Chinese investors.

Indonesian palm oil company Tunas Baru Lampung (TBLA) is looking for a Singapore dollar deal, marking its first bond in the currency as well as its maiden offshore deal.

Indonesia’s Bumi Resources has raised Rph35.1tr ($2.6bn) from the sale of rights shares and mandatory convertible bonds, in a bid to shed debt.

Indonesian tyre maker Gajah Tunggal is planning a return to the dollar market to refinance a $500m 7.75% note coming due in February 2018.

Malaysia has seen the inaugural green sukuk under the Securities Commission's Sustainable & Responsible Investment (SRI) sukuk framework, highlighting the country’s efforts in meeting the growing needs of global infrastructure and green financing.

Hong Kong-listed China Agri-Products Exchange’s (CAP) rights issue to raise HK$1.3bn ($166.4m) has received "negative feedback" from the city’s bourse and could be rejected.

Singapore Exchange said on Friday that companies with dual-class share (DCS) structures that have a primary listing in developed markets can seek a secondary listing in the city-state.