Singapore's quarterly ECM volume reaches $739m

Second highest in Southeast Asia.

Singapore's equity capital markets managed to raised $739 million to represent 18% market share in Southeast Asia, the second highest behind Malaysia, which dominated the region, according to the latest data from Dealogic Global ECM Review for the first quarter of 2014 (1Q 2014).

Malaysia was the leading nation in Southeast Asia in 1Q 2014 with $1.9bn raised via 20 deals, more than double the volume in 1Q 2013 ($653m via 14 deals) and accounted for 47% of South-East Asia ECM volume, the highest quarterly market share since 2Q 2012 (55%).

Thailand ($535m) came in at third with a 13% market share.

Looking at the Southeast Asia region, CIMB Group’s $1.1bn follow-on was the largest South-East Asia ECM transaction in 1Q 2014 and the sixth largest Malaysia follow-on on record.

CIMB Group’s $1.1bn follow-on was also the largest South-East Asia ECM transaction in 1Q 2014 and the sixth largest Malaysia follow-on on record.