Southeast Asia’s prolonged equity deal drought came to an abrupt end in the second quarter as several sizeable transactions rained down on the market, helping it to its busiest three-month period in more than a year.
Regional bankers now hope to keep up the momentum over the rest of 2016, with initial public offerings in the wings for the likes of Pilipinas Shell Petroleum in the Philippines, Fullerton Healthcare in Singapore, Eco World International in Malaysia, and Gunung Sewu in Indonesia.
Southeast Asia notched up a total of $5.2 billion in equity deals in April, May, and June -- the highest quarterly showing since...
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