IPOs & Markets
This is the latest in a growing series of global tie-ups.
1
Firmus $5b IPO divides investors after valuation triples in two months
2
Southeast Asian PE sellers can’t just hire a bank and expect exits
3
Withdrawal requests from Blue Owl's flagship fund slow as private credit turmoil eases
4
SK Group's Chey to sell stake worth $700m in SK Corp to fund divorce settlement
5
Singapore, World Bank Group partner to drive ASEAN Power Grid action
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Indian firms beat market slump with record $25b H1 equity fundraise
Private Equity
The vehicle, with an original target of $250 million, was oversubscribed.
Deals
DALI has issued ordinary shares worth $28.4m to existing investor Venturi Partners.
Founding members include CIC, Thailand’s Government Pension Fund, INA and Khazanah, among others.
Trading in the new instruments will commence on Wednesday.
The bonds were launched at 173 basis points over U.S. Treasuries.
Policy & Regulations
Minimum market cap to be lowered; multinationals without local base to be allowed.
The proposed investment will be committed in tranches.
Analysis
Operators face greater scrutiny over pressure on electricity and communities.
The launch follows Kasikornbank’s gradual expansion into Bank Maspion over the past decade.
