rhb

Another disappointing year for Malaysian equity deals is on the cards as bankers wonder how listing candidates and their private equity backers will achieve their valuation expectations.

In a rare deal in Malaysia’s subdued secondary market, sovereign wealth fund Mubadala Investment trimmed its stake in RHB through a $149 million block trade.

After putting up its aircraft leasing business for sale for nearly two years, the Malaysian budget carrier finally struck a deal with BBAM for $1.18 billion.

The Chinese conglomerate has agreed to pay $981 million for the Singapore logistics company, putting it in stronger position to benefit from China’s One Belt, One Road initiative.

Strong demand for IPO despite Thailand's poor performance relative to other Asian markets.

The Malaysian group drops a year-long plan to list its properties and now plans to inject them into its listed subsidiary in a $278 million merger.

The privately-owned Indonesian gas supplier kicks off a $75 million IPO on the back of Indonesian stock rally.

Federation of Malaysia returns to the international bond markets as state-owned fund, 1MDB, faces looming cross-default across its $11 billion outstanding debt.

RHB Capital’s rights issue signals the group’s intention to refocus on its own growth after the failure of its three-way merger with CIMB and Malaysia Building Society.