Malaysia

Singapore and Malaysia's market watchdogs are setting up an equity trading link between their bourses. They are planning to go live by the end of the year.

Malaysia’s SP Setia priced a MR997.8m ($256.2m) capital increase on Monday at the low end of guidance, in the largest overnight placement from a real estate issuer in the country.

A $310m two-part borrowing to support Malaysian surgical glove maker Top Glove Corp’s acquisition of Aspion has received two commitments.

Malaysia’s sovereign wealth fund Khazanah Nasional has sold a $320.8m exchangeable sukuk with Hong Kong-listed Citic Securities as the underlying stock, taking advantage of a rally in the broker’s shares.

Malaysia’s S P Setia will hit the road soon to market a MR1.2bn ($300.5m) placement to institutional investors, said a banker involved in the transaction.

The Securities Commission (SC) of Malaysia announced new guidelines for sustainable and responsible investment funds on Tuesday.

UBS has named a top executive in Zurich to take over as its India country head from next year, according to an internal memo seen by GlobalCapital Asia.

Credit Suisse has officially appointed Mia Idora Ismail as head of Malaysia coverage in its Asia Pacific investment banking and capital markets (IBCM) unit.

An overnight equity block trade in Malaysia’s Sapura Energy bagged MR859.1m ($203.7m), enabling the vendor to sell the last of its stake.

A shareholder in Malaysia’s Sapura Energy is looking to exit from the company with a sell down that could raise as much as MR901.5m ($212.9m).

Investors flocked to Press Metal Aluminium Holdings’ inaugural dollar bond sale on Monday, allowing the issuer to walk away with a tightly priced deal nearly 10 times subscribed.

Southeast Asian issuers have been largely absent from a bumper crop of dollar bond supply in the region over the last few weeks. But Malaysian aluminum producer Press Metal Aluminium Holdings is planning to add a bit of spice to the market, after opening books for its debut on Monday.