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BOCOM International Prices 1 Billion Yuan, $134 Million Perpetual Securities

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BOCOM International (HKG:3329) has completed the pricing of two tranches of subordinated perpetual securities totaling 1.10 billion yuan and $134 million, according to a Wednesday filing with the Hong Kong Stock Exchange.

The securities carry initial distribution rates of 2.5% for the first three years, while the U.S. dollar tranche was priced at an initial rate of 5.5% over the same period.

Proceeds will be used to repay existing liabilities or fund additional asset deployment.

What else is happening in Asia?

Asia

Goodman Group Receives 2 Shareholder Resolutions for Upcoming Annual General Meeting

Goodman Group (ASX:GMG) received two shareholder resolutions for consideration at its Nov. 19 annual general meeting, according to a Monday filing with the Australian bourse.One of the resolutions calls on the company to disclose its framework for identifying and managing material environmental and social-license risks related to data center development close to residential areas, schools, or environmentally sensitive land.The second one seeks an amendment to Goodman Group's constitution to permit advisory resolutions, per the filing.Both resolutions are advisory and do not bind the company's directors.Its shares gained past 1% in recent Tuesday trade.

ASX:GMG
Asia

Farglory Land Development Approves NT$5.46 Billion Construction Contract

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TPE:5522
Asia

Sealink International Receives $17 Million Insurance Payout for Vessel Fire Incident in Brazil

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KLSE:SEALINK