Philippines’ San Miguel power unit raises $300m via bond sale

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Philippine conglomerate San Miguel Corp (SMC) announced that its power unit SMC Global Power Holdings Corp had raised $300 million from a bond sale issue. San Miguel assistant corporate secretary Mary Rose Tan informed the stock exchange that final allocations saw the majority of the deal distributed into Asia at 87… Read more »

Malaysia IPO Dealbook: Spring Energy to IPO, Aemulus assigns underwriter, Frontken drops Taiwan IPO

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The Malaysian stock market, despite being hit by weak economic sentiment, is holding up on the IPO front, as some companies prepare to go public on the local stock exchange. However, Frontken, which was looking to debut its 60-per cent subsidiary in Taiwan has retracted its plans. Spring Energy to raise… Read more »


PH-based ICTSI seeks $450m in bonds issue

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Philippine listed International Container Terminal Services Inc ( ICTSI ) is seeking to raise $450 million via a bonds issue. The port operator informed the stock exchange today that its board of directors approved the new senior perpetual capital securities offered by its subsidiary Royal Capital BV. ICTSI will guarantee… Read more »


Thailand to see two REIT launches in next two months

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Two Thailand-based real estate investment trust (REITs) funds – Thailand Hospitality fund, Best Bonded Warehouse fund – will offer their shares to the public during the period of September-October 2015. The two REITs have already received the approval of Thailand’s Securities and Exchange Commission (SEC). According to data provided by the SEC, the… Read more »


Thailand’s Banpu Power plans IPO for next year

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Banpu Power, which a subsidiary of Thailand’s largest coal miner, Banpu Plc, is planning to launch its initial public offering (IPO) in the SET market next year, said the company’s chief executive Somruedee Chaimongkol. The company plans to use the proceeds from the IPO to expand the renewable energy in the overseas and… Read more »


Exclusive: Fatfish’s iCandy slated for Sept IPO, to raise $3.68m

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Southeast Asian and Australian based Internet ventures investment and development firm Fatfish Internet Group is en route to making its first exit through an initial public offering (IPO), as its portfolio company iCandy Interactive Ltd has got approval from the Australian Securities & Investments Commission (ASIC) for a listing. iCandy, slated… Read more »


ThaiFoods Group to offer 1400m shares in Sept IPO

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ThaiFoods Group Plc (TFG), a company based in Thailand that operates in the sector of integrated poultry business involving hatcheries, contract farming, raw chicken meat processing for export and domestic distribution – will sell 1,400 million shared  during its initial public offering (IPO) in the SET market in September 2015…. Read more »


Soo Kee Group launches IPO on SGX Catalist, aims to raise $24m

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Singapore-based jeweller and jewelry retailer Soo Kee Group launched its initial public offering (IPO) this week on Wednesday, with the aim of raising S$33.75 million ($24 million) to help fund its expansion in Singapore and Malaysia, as well as introduce new products. Founded in 1991, Soo Kee retails jewellery and… Read more »


China’s Jiangling Chassis plans Singapore IPO

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The Singapore Exchange (SGX), which is yet to see a single listing in the mainboard this year, finally looks set for its first initial public offering (IPO). China’s Jiangxi Jiangling Chassis, which makes automobile parts and it is mainly engaged in the design, production and sale of axle products and… Read more »


Vietnam-based hospitality firm Thang Long GTC launches IPO, collects $16.7m

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State-run company Thang Long GTC, a unit of hospitality firm Hanoi Tourist, sold its entire 33.9 million shares during its initial public offer (IPO) auction on Thursday, to earn proceeds of VND363 billion ($16.7 million). The shares were oversubscribed by three times, as 18 investors had earlier submitted to purchase more… Read more »