7-Eleven Malaysia prices at top of range

The institutional book for the Malaysian group's palm oil arm was oversubscribed by 12.4 times, and follows the successful floation of vessel operator ICON Offshore.

The package from seven banks will bolster the Singapore operator’s data centre expansion in Johor.

The proposed valuation fails to reflect the board’s view, while regulatory concerns are an additional hurdle, said the company in a public letter; Couche-Tard has responded by letter.

The Canadian owner of Circle K wants to buy rival Seven & i, which, if the deal is agreed, would be the largest foreign takeover of a Japanese listed company; however antitrust issues are likely.

Malaysia’s largest pure-play offshore supply vessel operator’s institutional book was 15 times oversubscribed, with investors keen on the sector.

Pre-marketing gets under way for SMC Global Power in the Philippines and Parkson Retail Asia in Singapore, while Noble Group plans for a separate listing of its agricultural business.