2014.3
Tamar partners, Delek to sign $750 mln natgas deal
The partners in Israel’s Tamar natural gas field said on Sunday they expect to sign a deal in the next few days to supply about $750 million worth of gas to IPP Delek Soreq, which is building a power plant in Israel.
Comic superhero Ultraman slain by Malaysian censors
Malaysia has banned a comic book starring the Japanese superhero Ultraman because it could disturb “public order,” sparking a torrent of online ridicule from those who saw it as the latest sign of excessive censorship in the Muslim-majority country.
Wong & Partners leads Malaysia Law Awards noms
Wong & Partners has received a remarkable 11 nominations at Asian Legal Business’ inaugural Malaysian Law Awards, including in the prestigious Deal of the Year and Managing Partner of the Year awards.
SE Asia Deals: IFC invests $723 mln in Flexituff
Also, HSA stars in the $1 billion development of the Vizhinjam International Deepwater Multipurpose Seaport, AZB advises Indian Railway Finance Corp on its $500 million notes issue, and much more in our weekly Southeast Asia deals spotlight.
Japan’s regional banks are urged to merge
Japanese regulators are increasing pressure on regional banks to consolidate, worried that shrinking populations outside the nation’s major cities will leave lenders too weak to stand on their own.
Japan may tax bitcoin deals, stop banks, brokerages from handling
Japan will this week set out rules on how to handle bitcoins, the first sign that the government is taking action on regulating the virtual currency after the collapse last week of Tokyo-based Mt. Gox, once the world’s dominant bitcoin exchange.
S. Korea to ease M&A rules to facilitate $9.3 bln in asset sales
South Korea plans to ease rules to make mergers and acquisitions easier for private equity firms and local companies in a bid to facilitate the sale of an estimated 10 trillion won ($9.34 billion) in assets of cash-strapped local conglomerates.
WIKA Beton plans to raise $110 mln in April IPO
Indonesian concrete builder PT Wijaya Karya Beton (WIKA Beton) plans to raise up to 1.28 trillion rupiah ($110.44 million)through an initial public offering (IPO) of shares which will be listed next month.
Power project win for 1MDB bolsters IPO prospects
A planned $2 billion IPO of Malaysia Development Bhd’s (1MDB) power assets got a major boost on Friday after the sovereign wealth fund won a closely contested government tender to build a power plant.
Malaysia Airports ‘raises $298 mln in share offering’
Malaysia Airports Holdings Bhd (MAHB) raised $298 million from the sale of new shares, pricing the deal in the middle of a marketing range, IFR reported on Tuesday, citing a term sheet of the transaction.