Capital markets executive summary | Wed 13 Sep 2023 Cypark issues sukuk to Jakel Cypark Renewable Energy Sdn Bhd established a RM500m perpetual sukuk musharakah programme in Jun 2020 with RM232.96m outstanding at end-Apr. The company issued the 2nd tranche of RM100m to its 22.51% shareholder, Jakel Capital Sdn Bhd, for working capital and repayment…
Capital markets executive summary | Tue 12 Sep 2023 Manufacturing sector sales up 2.5% for 7M2023 The sales value of the manufacturing sector inched up to RM1.03t for Jan-Jul 2023. The number of employees gained 1.7% to 2.34m, and salaries and wages expanded 3.8% to RM56.6b. Sales value per employee was up 0.8% to RM441,255….
Capital markets executive summary | Mon 11 Sep 2023 Mercury Securities’ IPO oversubscribed 45.45 times The initial public offering (IPO) entails the issuance of 157.1m new shares or 17.59% of the enlarged issued shares and an offer for sale of 71.51m existing shares or 8.01% at 25 sen. For non-bumiputra public, 7,957 applications for 1.51b…
Capital markets executive summary | Fri 8 Sep 2023 Smart Asia Chemical to list on ACE Market The industrial paint and coating manufacturer will issue 93.5m shares or 25.28% of its enlarged share base of 369.85m shares. 46.23m shares are for bumiputra investors approved by the Ministry of Investment, Trade and Industry. 16.68m shares are…
Capital markets executive summary | Thu 7 Sep 2023 YTL REIT to buy Hotel Stripes for RM138m Maybank Trustees Bhd, the trustee for YTL Hospitality REIT, entered into a conditional sale and purchase agreement with Hotel 25 Sdn Bhd, wholly-owned by YTL Corporation Bhd. After the acquisition, Maybank Trustees will lease the property to Hotel…
Capital markets executive summary | Wed 6 Sep 2023 QI Group issues sukuk for new university campus in Perak The company and Bank Pembangunan Malaysia Berhad (BPMB) signed an agreement for the issuance of RM100m sukuk ijarah with BPMB as the primary subscriber. The sukuk will be issued by Silver Formula ABS Bhd, a special…
Capital markets executive summary | Tue 5 Sep 2023 FGV gets 5th extension from Bursa on public spread The Federal Land Development Authority (Felda) initiated the privatisation of FGV Holdings Bhd in Dec 2020 at RM1.30 per share. When it closed in Mar 2021, Felda was short of the 90% shareholding to trigger compulsory share…
Capital markets executive summary | Mon 4 Sep 2023 Hibiscus and DNeX buy interest in UK oil field Hibiscus Petroleum Bhd and Ping Petroleum UK PLC, a subsidiary of Dagang NeXchange, entered into separate identical farm-in agreements with Rapid Oil Production Ltd for 42.5% equity interest each in Licence P2451. Rapid Oil will keep the…
Capital markets executive summary | Fri 1 Sep 2023 Ekovest plans fundraising via private placement for RTS Link project In Jul 2022, wholly-owned Ekovest Construction Sdn Bhd accepted a RM1.98b letter of award as the engineering procurement and construction contractor from Adil Permata Sdn Bhd, the main contractor of the RM3.7b project. Adil Permata was…
Capital markets executive summary | Wed 30 Aug 2023 Evergreen Max Cash Capital to raise RM64.2m in IPO The pawnbroker launched its prospectus to list on the ACE Market on 26 Sep. RM30m of the proceeds is additional capital for the pawnbroking business, RM20m for 5 new pawnshops by end-2024, and RM14.2m for the repayment…
Helmi has over 20 years’ experience in the entire spectrum of projects ranging from project conception and business development to project advisory to project finance giving him in-depth knowledge of domestic and foreign Public Private Partnership (PPP) and wholly private projects in various industries including highways, railways, township and property development, oil and gas, power plants, and telecommunications.
He is also a subject matter expert in Islamic finance having led a number of award-winning Islamic finance transactions and has served notable Malaysian conglomerates, a renowned international advisory firm, and local and international banking groups. He is well versed in leading teams and unlocking individual potential, and experienced in coaching junior to senior levels.
Helmi’s list of recognized transactions include Bumi Armada Berhad’s Kraken FPSO (Malaysia International Project Finance Bank of the Year by Asian Banking & Finance Magazine), Syarikat Prasarana Negara Berhad (Best Islamic Financing Deal of the Year in Southeast Asia by Alpha Southeast Asia), Projek Lebuhraya Usahasama Berhad (Best Corporate Sukuk by The Asset Triple A, Malaysia Deal of the Year by Islamic Finance News and Best Islamic Finance Deal of the Year in Southeast Asia by Alpha Southeast Asia), and DanaInfra Nasional Berhad (Best Local Currency Sukuk by The Asset Triple A and Best Project Financing Deal of the Year in Southeast Asia by Alpha Southeast Asia).
He also played instrumental roles in earning the respective team’s accolades of distinction such as Best Loan House, Malaysia (The Asset Magazine) and Best Domestic Bond House, Malaysia (The Asset Triple A). In addition, his teams landed many of the the annual top lead manager and distinction awards given by RAM Rating Services Berhad and Malaysian Rating Corporation Berhad (MARC).
Helmi’s focus areas are Islamic capital markets, project finance, financial modelling, valuation and anti-money laundering. He is certified as a trainer by the Human Resources Development Corporation (HRD Corp) and is a member of the Asian Institute of Chartered Bankers.
Norbaizurah has accumulated over 20 years’ worth of experience in the financial services and audit industries. She started as an auditor with Ernst & Young before moving on to join the Private Debt Securities Department of the Securities Commission. She subsequently joined Kuwait Finance House – one of the first foreign Islamic banks in Malaysia – where she was responsible for structuring and executing Sukuk transactions.
After that she moved to Danajamin Nasional Berhad which was established to further expand the Sukuk market in Malaysia. She successfully set up the Kafalah platform which underlie Danajamin’s role in the Sukuk market. She also oversaw the underwriting exercises of Danajamin though the use of financial guarantees.
Norbaizurah has a Degree in Accounting & Finance from the University of East London and a Master’s Degree in Islamic Finance awarded by the International Centre for Education in Islamic Finance (INCEIF). She is also an accredited trainer of the Human Resource Development Corporation.