Anshuman Daga

After long drought, two Malaysian firms set to raise up to $900m in IPO

The IPOs, which were postponed last year due to weak markets, could together raise as much as $900 million.

Columbia’s Asia hospital business draws interest from KKR, CVC

A potential sale of the business could fetch as much as $2 billion.

HK suspends UBS sponsor licence, fines it and others $100m for IPO failures

The $100.2 million in fines are the toughest actions yet taken by the regulator as part of its campaign against what it sees as shoddy listing standards.

Singapore’s Temasek agrees to buy 30% stake in Danish firm Haldor

As part of the deal, Temasek will subscribe to secondary shares issued by the Topsoe family, which currently owns 100 percent of the company.

Malaysia’s Khazanah looks to reset strategy to replenish govt coffers

The fund will look to trim stakes in companies identified as non-strategic to 15-25% and reduce its physical presence in locations such as London, Mumbai and Silicon Valley.

Keppel, SPH rule out increase in offer price for Singapore telco M1 shares

Malaysia’s Axiata, which holds a 28.3 percent stake in M1, said in September the offer should reflect the accurate future value of M1.

Thai government to approve TMB-Thanachart Bank merger by month-end

This comes after the government last year approved tax incentives for bank mergers to help them better compete with their larger regional rivals.

SoftBank Vision Fund in talks to invest $1.5b in Southeast Asia’s Grab

The proposed investment is three times a previously expected $500-million capital injection.

Noble Group taps Bermuda court to keep survival plan afloat

Noble, once Asia’s biggest commodity trader, has warned that if the restructuring fails, it would begin insolvency proceedings, likely in Britain.

US fund Castlelake said to strike $800m aircraft deal with AirAsia

For AirAsia, the deal marks another move to monetize its assets as Asia’s biggest budget airline seeks to transform itself into an asset-light, digitally focused firm.