Christopher Chu

Will LIC be the Saudi Aramco of India?

As India’s government is under pressure to shore up its ailing balance sheet, it has identified a handful of state assets to sell. The Life Insurance Corporation of India offers the most lucrative opportunity, but how international investors respond when they look under the hood is key.
February 18, 2020

The Philippine REIT experiment will start with Ayala Land, but challenges lay ahead

After years of regulatory horse trading with the market, one of the Philippines' highest profile companies is set to list the country’s first ever REIT. In what is seen as a huge shift in sentiment to the asset class, the country’s high-grade real estate market is, however, under strain from global economic shifts.
February 12, 2020

Why Gojek’s small stake has big implications for Asean’s unicorns

Extending the ‘growth at any cost’ model is over, as backers call for investments that deliver profits faster. Gojek’s reported cash injection into Indonesia’s Bluebird has the potential to flip the script on the region’s biggest private companies.
February 10, 2020

ThaiBev’s beer IPO could prove to be Asean bellwether

The spin-off of ThaiBev’s regional beer assets has three characteristics likely to draw investors’ attention. A successful listing will support the tone for future Thai deals, but, more importantly, set it for Asean ones too.
January 22, 2020

Expect more Hong Kong privatisations in 2020

Amid the implementation of new trading rules and access to cheaper financing, increasing numbers of public companies in Hong Kong are choosing to delist or privatise even as bourse rules allow unprofitable companies to go public.
January 15, 2020

A private LINE between Naver and Softbank

Softbank and Naver plan to take messaging app LINE private. This will not only lead to improved R&D spend, it will also unlock value for the majority shareholders.
November 18, 2019