Equity Capital Markets
The equity capital markets saw steady issuance this week with $2.9 billion raised from 36 issues. Morgan Stanley continues to dominate the league table rankings with $10 billion, followed by J.P. Morgan on $9.3 billion and UBS on $8.8 billion.
Genting Singapore's $1.2 billion rights issue, which was led by CIMB Group and DBS, was the largest deal of the week. The deal pushes rights issue volume in the region to $13.4 billion so far this year, with issuance from Malaysia accounting for 15% of the deal value -- behind Singapore 37% and South Korea 24%.
Poly Hong Kong Investments raised $397 million from a top-up placement...