Equity News
Singapore government agency divests ComfortDelgro stake
Singapore Labour Foundation takes advantage of recent share price spurt to offload one third of its stake.

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M&A Briefing
Malaysia' s Public Bank willing to pay for access to China
Malaysia’s third biggest lender, Public Bank Bhd. will pay HK$4.5 billion ($580 million) to buy Asia Commercial Bank.

In Debt
Bookbuild opens on Orica hybrid
Pricing likely to be favourable for the Australian explosives company thanks to a new ratings treatment and a five-year step-up structure.

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Outlook & Economics
A mixed outlook for Indonesia
Fitch lowers its outlook on the sovereign credit rating for Indonesia to stable from positive days after Standard & Poor’s flip-flopped its rating the other way around.

People Moves
Colglazier takes Standard AM debt post
Former First State bigwig takes on newly created role as head of fixed income.

People Moves
Forsyth Partners hires Toshimi Suzuki
Tokyo-based veteran to join regional fund of funds/asset management business

Standard & Poor's Daily Ratings Direct Asia-Pacific Highlights
Welcome to Standard & Poor's daily summary of credit research of interest to investors in Asia-Pacific.