Kuala Lumpur, 3 July 2013 – After clinching an array of awards from the 10th RAM Rating Services League Awards earlier this year, it appears that Maybank Investment Bank (“Maybank IB”) has more awards to add to its list of accomplishments.
At the Asiamoney awards, Maybank IB was named the Best Debt House for 2013. The award was given based on internal research and recommendations from industry experts such as analysts and fund managers.
Last year, Maybank IB’s Debt House had 37 Malaysian Ringgit (“RM”) denominated bond deals consisting of 176 issuances with a total deal value of RM23,396.20 million. It also holds a commanding 26.7% market share of the Malaysian bond market and a market-leading 29.4% market share of the Malaysian sukuk market for the period under review. By being client-focused and solutions-driven, Maybank IB was able to deliver unique debt solutions that pushed innovative boundaries and further deepened and broadened the Malaysian bond and sukuk market.
Among the many landmark transactions which Maybank IB had completed were the Malaysia Airlines System Berhad’s RM1.5 billion perpetual junior sukuk issuance, the first perpetual sukuk issuance by a corporate in Malaysia and the world; Sime Darby Berhad’s USD800.0 million sukuk issuance, which was the company’s inaugural USD sukuk issuance and this transaction registered the lowest ever coupon by any corporate globally in the USD market; and National Bank of Abu Dhabi P.J.S.C.’s RM500.0 million subordinated sukuk issuance, the first ever RM- denominated subordinated sukuk by a foreign issuer, just to name a few.
Over at The Asset Triple A Islamic Finance Awards luncheon held today at the Intercontinental Hotel in Kuala Lumpur, Maybank IB was awarded the “Best Islamic Equity” for its role as joint bookrunner for the IHH Healthcare US$2.2 billion IPO; the “Best Local Currency Sukuk” for its role as one of the joint lead arrangers, joint lead managers and joint bookrunners for the DanaInfra Nasional RM2.4 billion sukuk; and “Best Islamic Project Finance” for its role as one of the joint principal advisers, Sharia advisers, lead arrangers (RM3.2 billion sukuk, murabaha) and joint lead arrangers (RM1.3 billion junior equity bridge loan) for the Malakoff Tanjung Bin Energy RM6.5 billion loan and sukuk murabaha. In addition, it walked away with the “Highly Commended - Best Islamic Equity” for the Felda Global Ventures US$3.3 billion IPO in which Maybank IB was among the joint principal advisers, joint global coordinators and joint bookrunners (for the institutional offering).
A testament to its strong regional research capabilities, Maybank IB’s very own analyst, Wong Wei Sum, was recognised as the Best Analyst in Malaysia in the Wall Street Journal Survey of the top analysts of 2012. She topped the charts with picks of property shares and real-estate investment trusts, which included KLCC Property Holdings Bhd which more than doubled on the year.
Apart from Malaysia, Maybank IB’s offices in the region also netted a few awards at the Alpha Southeast Asia Best Financial Institution Awards 2013. It was named the Best Retail Broker in the Philippines, Thailand and Vietnam and the Best Institutional Broker in the Philippines and Thailand, attesting to the group’s strong regional network and in-depth local knowledge.
Commenting on these wins, Tengku Dato’ Zafrul, CEO of Maybank IB, said: “These awards stand testimony to the strengths of our business, the dedication of our staff and our relentless pursuit to exceed client’s expectations. We also share this award with our clients, who with their support and trust have helped in our achievements. We are proud of this recognition and will continue to innovate and deliver the best solutions to our clients and strengthen our footprint across the region so as to achieve our goal of becoming a regional financial powerhouse.”