Malaysia

Malaysia’s RHB Bank has hired Ankur Khandelwal from Barclays to head its Asia ECM unit, according to sources close to the matter.

Malaysia’s Press Metal Aluminium Holdings has mandated banks for its maiden foray into the dollar bond market.

Shares in Malaysia’s CIMB Group Holdings have been sold down for the third time this year through an overnight block trade, though at a lower price than the previous two deals.

An unnamed investor bagged MR489.3m ($116.1m) from the accelerated sale of shares in Malaysia’s Tenaga Nasional on Wednesday evening, after the deal priced at the tight end of the marketing range.

Standard Chartered has named Abrar Anwar as the new chief executive of its Malaysian business.

Edra Global Energy, the Malaysian power producer formerly affiliated with embattled sovereign wealth fund 1MDB, has started sounding out investors for its IPO.

Malaysia’s Genting Group grabbed an additional $500m on Tuesday from the tap of its debut bond sale earlier this year.

Leong Hup International is planning a Malaysia listing that could raise as much as MR2bn ($474m). The company is still firming up the syndicate, according to sources close to the matter.

Malaysian conglomerate Genting Group is looking to add to its inaugural bond sale from earlier this year.

Malaysian sovereign wealth fund Khanazah Nasional offloaded a block of Malaysia Airports Holdings' shares on Tuesday night, raising MR476.2m ($112.7m).

Overseas Chinese Town (OCT) managed to capture the last window before China’s Golden Week holiday to price a $800m senior perpetual bond. Malaysia’s Yinson Holdings had a similar idea, selling a $100m perp.

Asia’s green finance story is not just about China and India. Although the US has threatened to pull out of the Paris Agreement, southeast Asia has reiterated its commitment to sustainability. As Morgan Davis reports, that is beginning to be felt in its financial markets, where countries such as Malaysia, Singapore and Indonesia are exploring ways to foster green financing.