Tag: macquarie

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. 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 ... The Australian bank appoints industry veteran Stephen Taylor to lead its energy markets division’s new venture into physical oil trading in Asia. The deal for China SCE Property comes together despite encountering headwinds during marketing, including a falling secondary market. The Fujian-based residential developer is seeking up to $255 million and follows nine other Chinese property IPOs in recent months. Last November the Canadian-listed coal company with mines in Mongolia attracted CIC as an investor, now Hong Kong investors will get their chance to buy a share. The property developer blames market conditions for the withdrawal of its IPO, which had been due to price last Friday. The State Bank of India and Macquarie have appointed Varun Bajpai and Praveen Gupta to senior management positions in their soon-to-be-established India infrastructure fund. The renewable energy sector in China is yielding opportunities, but complex regulations and policies mean benefits will be gradual, say participants at a Macquarie infrastructur... Macquarie's Asian infrastructure conference reveals no surprises on India – investment still moves at a glacial pace. Asia appears relatively immune from Dubai’s debt problems, while Dubai World says less than half the amount of debt initially believed to be affected is included under the ... Wang joins from Clariden Leu to become part of the client advisory team. Department store operator PCD Stores seeks to raise $387 million, while oil and gas pipeline manufacturer Shengli is aiming for an IPO of up to $250 million. The equity brokerage names Tom Daniel as its Asia head of electronic trading, tasked with rolling out CLSA's algo platform across the region. The Chinese lender becomes more attractive as valuations for other banks improve. Meanwhile, Sany Heavy Equipment prices its offering at the top of the range for a total deal ... Equity derivatives veteran Jeremy Kloiser-Jones will join Macquarie Securities in Hong Kong on December 1. MacarthurCook Industrial Reit raises $155.5 million in new capital, including a $15.8 million investment by AMP and a $111 million rights issue. Separately, AMP Capital hires ... One of the region’s most experienced hands at electronic trading joins Macquarie Securities. Targeting a combined $5 billion, the two high-profile deals are coming to market at a time when the global equity markets are again starting to look more challenging. A former head of Hong Kong sales at Merrill Lynch, Wernert will take over the helm at the Asian equity syndicate desk from Angus Firth who is returning to Australia early next ...