Philippines power struggle

Rob Ward joins from MUFG to lead Natixis CIB’s Australia and New Zealand operations, bringing extensive energy and infrastructure expertise.

The rationale behind all the winners for the best financing, private markets & innovation deals across Apac - including infrastructure, Islamic finance, private credit, private equity, project finance, property, structured finance, sustainable finance, VC and innovation.

FA spoke to the CEO of Dubai-based private equity player Fajr Capital, on China’s Belt and Road Initiative, the importance of the Rmb, fast-growing sectors, and how Chinese firms can expand in the Middle East.

Despite the headwinds affecting the Philippine stock market, San Miguel has decided to move forward with plans to sell shares in its consolidated food and beverage business through a sharply downsized block trade.

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.

Century-old Philippine conglomerate approves plan to sell shares worth $1.7 billion in its F&B unit to comply with the local stock exchange’s free-float requirement.