IPOs & Markets
A book message sent to investors by the deal's joint lead managers, UBS and Credit Suisse, said institutional demand is oversubscribed.
Temasek already owns 20.5% of Keppel Corp.
SE Asia has nearly 150 e-wallet licence holders, and firms including Grab, Go-Jek, Tencent, and others fighting for dominance.
Outgoing chairman Brough steered Noble through a $3.5-billion debt restructuring that completed in December, giving a group of creditors majority cont
Asset World Corp and AllHome Corp raised $1.6 billion and $285 million, respectively.
The sale is the latest test of investment sentiment in Hong Kong which has seen increasingly violent political protests.
PLUS Malaysia is 51% owned by engineering infrastructure and services firm UEM Group, a wholly owned subsidiary of Khazanah. State pension fund EPF ow
Canada's Sun Life Financial is also among roughly half a dozen suitors competing for the businesses.
Besides Singapore, other listing options include Shanghai, HK, London and the US, group CEO and co-founder John Lim said.
Philippine firms are more active in the capital markets this year. Last month, the hospital unit of Metro Pacific Investments Corp filed for an IPO th
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