SINGAPORE - The appetite for dealmaking and fund raising in Singapore and the larger South-east Asian region may improve later this year to next year as companies review their portfolios and pursue acquisitions to plug strategic gaps, bankers and financial advisers said.
Morgan Stanley said the healthcare, technology and energy sectors will lead activities, adding that the record amount of uninvested capital in private equity funds could help drive more M&As later this year despite choppy debt-financing markets. The banker added: “Continued market uncertainties or lack of direction could result in sluggish decision-making, leading to lower transaction volumes.”
Market consolidation will be a “centrepiece” of the strategic dialogue, given the challenging financing markets, particularly in technology and early-stage companies. Within the capital markets, major transactions the bank was involved in included Sats’ $800 million rights issue; DBS Bank’s $1.2 billion bond, which was the largest debt capital in Singapore so far in 2023, as well as the US$620 million initial public offer of Merdeka Battery Materials in Indonesia.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Property resale market stabilising, may have peaked: PropertyGuru reportSINGAPORE: The market for Housing and Development Board (HDB) resale flats may have peaked, with slowing price growth and dipping demand, according to a PropertyGuru report on Monday (Aug 7). Data also shows that the private home market is also reaching its peak and prices may stabilise in the coming quart
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China's Li Auto aims to outsell BMW, Mercedes, Audi in its home market in 2024SHANGHAI : Li Auto said it aimed to outsell BMW, Mercedes-Benz and Audi in China in 2024 as the up and coming Chinese automaker accelerates rollouts of new models and ramps up production.'We would strive to become the no.1 premium car brand in China in 2024 in terms of sales,' Li Auto's CEO Li Xiang told
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Song Han Carrot Cake at Tampines Round Market & Food Centre reopens 9 AugWhat ruins your mornings? For many, it could be an alarm that failed its only function, but for residents that frequent Tampines Round Market & Food Centre, it was the unceremonious closure of their favourite hawker stall. On 3 Jul 2023, hungry patrons were left reeling at the sight of a shuttered Song Han Carrot […] The post Song Han Carrot Cake at Tampines Round Market & Food Centre reopens 9 Aug appeared first on SETHLUI.com.
Source: YahooSG - 🏆 3. / 71 Read more »
Struggling Chinese graduates return to hometowns as job market sagsBEIJING :A growing number of Chinese graduates are abandoning the bright lights of the country's mega-cities, with state media reporting almost half are returning to their hometowns within six months of graduation amid a sagging job market.Feeling the pinch of rising housing costs and a slowing economy, the j
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »