Arjun Menon
Covers Corporate Asia for the Review: how the region's conglomerates, banks and manufacturers allocate capital, and what their choices imply for the sectors around them.

Singtel's Nxera could fetch S$4.5bn in listing, say analysts
Analysts estimate Singtel's data centre arm, Nxera, could be valued at S$4 billion to S$4.5 billion if it pursues a public listing, based on projected FY2028 earnings.

Sohar International's HK office to channel Middle East capital to Asia
Oman's second-largest bank, Sohar International, established its first Hong Kong presence on 11 September 2026, aiming to channel Middle Eastern investment into Asian markets.

SoftBank's JPY1tn bond funds ABB robotics acquisition
SoftBank has secured JPY1 trillion in capital through a seven-year retail bond, announced on 4 September 2026, specifically to finance its acquisition of ABB's robotics division. This move demonstrates a targeted approach to funding strategic technology investments.

Samsung Electronics unveils W110tn shareholder return plan for 2026, Korea's largest
Samsung Electronics has outlined a plan to distribute between 90 trillion won and 110 trillion won to its shareholders in 2026, representing the largest capital return by a Korean company. This strategy reflects a commitment to sharing corporate growth benefits and sustaining shareholder value within its three-year capital allocation framework.

Sats' 1QFY2027 earnings growth lags revenue amid Middle East disruptions, inflation
Sats' 1QFY2027 earnings rose 6% to $75.1 million, despite 11.3% revenue growth, as Middle East disruptions and inflation compressed margins.

RM1 Billion ZUS Coffee IPO Poised to Transform Malaysian F&B
Malaysia’s largest coffee chain, ZUS Coffee, is reportedly considering an initial public offering for its domestic operations, aiming to secure at least RM1 billion. This capital raise could reshape competition within the country’s food and beverage market and provide insights into investor appetite for digitally-driven consumer brands across Southeast Asia.

How does Temasek Financial's S$750 million bond support Temasek's capital strategy?
Temasek Financial (I), a fully owned subsidiary of Singapore's state investor Temasek Holdings, has priced a S$750 million 10-year bond, yielding 2.65 per cent per annum, demonstrating a consistent strategy to secure funding for its regular business activities through public debt markets.

Sunway Construction Wins RM1.02 Billion Johor Data Centre Contract
Sunway Construction Group has secured a RM1.02 billion (US$249 million) engineering contract for a data centre in Johor, Malaysia, from a US-headquartered technology multinational. This contract reveals the continued deployment of capital into Malaysia's digital infrastructure sector, specifically in the southern state of Johor, and significantly expands SunCon's order book for the current financial year.

Parkway Life REIT DPU Rises 14.6% in H1 2026, Driven by Lease Structures
Parkway Life Real Estate Investment Trust (REIT) reported a 14.6 per cent increase in distribution per unit (DPU) to S$0.0877 for the first half of 2026, primarily driven by favourable lease structures in its Singapore and France portfolios, which offset a 2 per cent decline in net property income.
