Finance Asia

Bakrieland prices its $150 million deal after 1.5 days of marketing, while $350 million worth of bonds exchangeable into YTL scrape through at quite aggressive terms.

China-based Hanting Inns and Hotels is aiming to raise up to $110 million ahead of a Nasdaq listing, while facade specialist Far East Global is seeking up to $79 million from a Hong Kong IPO.

Indian financial services firm India Infoline receives a key Singapore Exchange approval and aims to launch broking services in Singapore in three months.

TBank, Thailand's seventh-largest bank, wins an auction for the government's controlling interest in Siam City Bank, valuing the target at $2 billion.

Equity and debt capital markets issuance continues at a steady pace.

Philippine container-port company International Container Terminal Services comes to market with $250 million of senior unsecured debt.

Indian hospital operator Fortis Healthcare pays $686 million to become the largest shareholder in Singapore-based pan-Asia hospital group Parkway Holdings.

We reveal the houses that had the best year in 2009 in our third annual Achievement Awards for Japan.

China Mobile aims to tap into the growing potential for mobile finance and mobile e-commerce through a 20% stake in Shanghai Pudong Development Bank.

A roundup of the latest syndicated loan market news.

Man Wah, which was listed in Singapore until last year and generates almost half of its earnings from the US, is looking to China for its next growth driver.

Bank of America Merrill Lynch lures Kaku Nakhate back from J.P. Morgan to become country head for India.

The Indonesian property developer is offering bonds with a coupon of up to 8.625% and a conversion premium of 20% to 25%. The deal is expected to price tomorrow.

We reveal the best deals of 2009 in our third annual Achievement Awards for Japan. The winning houses will be announced tomorrow.

Delegates at a Japan CFO roundtable emphasise regulatory reform instead of economic stimulus as a way to support the Japanese economy.

The Royal Bank of Scotland hires Ernfred Olsen as country executive and head of global banking and markets as it builds its Japan team.

FinanceAsia readers give the thumbs-up to Prudential's record $35.5 billion acquisition of AIA.

Fred Hu is leaving Goldman Sachs, but will become an advisory director for the firm.

The Chinese car dealer decides to sell a smaller portion of its enlarged share capital at this time, believing that the stock will command a higher valuation in the long term, sources say.

The government's sell-down in the country's largest iron ore miner will boost the free-float to 10%, but valuation multiples suggest it could be a tough sell.

John Liptak takes on a new role as Citi’s head of Asia-Pacific distressed and special situations after only nine months with Tribridge Investment Partners.

Following on from Kexim’s successful issue last week, Shinhan Bank comes to market with a tightly priced 5.5-year security.

The Swiss private bank has been hiring feverishly in the region, but may find it harder to attract talent down the road.

Gaurav Gupta will join Macquarie from Nomura to head investment banking for India, a position that opened up when Varun Bajpai moved on to head a new Macquarie India fund initiative.

A roundup of the latest CFO and treasurer moves from around the region.