Noble Group Ltd faces a make-or-break shareholders’ meeting on Monday as investors vote on a $3.5 billion debt restructuring plan.
During his stint at CIMB, Mah headed the Singapore corporate and investment banking unit and the corporate finance team
The interest in Hess’ assets comes as cashed-up firms such as PTTEP are buying overseas assets
New Prime Minister Mahathir Mohamad is keen to make the fund leaner and use sale proceeds to cut massive debt piled up in the 1MDB scandal.
The funding will come from parties including U.S. investors and strategic backers
The financing represents a key test for the airline, which was taken over by Malaysian sovereign wealth fund Khazanah Nasional in December 2014.
Singapore state investor Temasek Holdings Pte Ltd is likely to book a record S$300 billion (166.3 billion pounds) for the value of its portfolio, powered by gains in DBS Group Ltd and Chinese banks, while it steps up investment in tech startups.
It would provide respite to foreign firms including Great Eastern Holdings, Prudential, Tokio Marine Holdings and Zurich Insurance by putting off deals worth more than $2 billion that were being thrust upon them.
The Philippines’ stock market is Southeast Asia’s worst performer this year, hit by rising inflation and a weak currency.
The Hanoi-based lender priced its April initial public offering (IPO) at the top of a marketing range, valuing it at $6.5 billion and making it Vietnam’s second-biggest listed bank after state-controlled Vietcombank.