Capital markets executive summary | Thu 1 Jun 2023 Radium Development ended 23% lower on IPO The property developer bucked a recent trend of strong debuts by newly listed companies by closing at 38.5 sen from its initial public offering (IPO) price of 50 sen. Observers cite the soft investor interest in property stocks as…
Capital markets executive summary | Wed 31 May 2023 Farm Fresh 4Q net profit plunged 72.35% The figure fell from RM17.68m the prior year to RM4.89m in 4Q ended 31 Mar 2023. The poor results were blamed on higher raw material costs, weaker foreign exchange rate, higher distribution costs, larger salary expenses following the 25%…
Capital markets executive summary | Tue 30 May 2023 Cloudpoint ended up 35.5% on ACE Market debut The company’s share price jumped from its IPO price of 38 sen to 51.5 sen. It opened at a high of 75 sen with a volume of 17m shares. At the end of the day, 344.38m shares changed…
Capital markets executive summary | Mon 29 May 2023 KNM proposes to sell FBM Hudson Italiana to British Midland FBM Hudson Italiana manufactures heat exchangers and high-pressure equipment for the oil and gas industry. The proposed listing of FBM Hudson Italiana and FBM-KNM FZCO on Catalist – the sponsor-supervised board of the Singapore Stock Exchange…
Capital markets executive summary | Fri 26 May 2023 Ekuinas mulls exiting Al-Ikhsan The government-owned private equity firm bought 35% equity in Al-Ikhsan – a sports gear and clothing retailer – in 2016 for RM68.6m. The company currently operates 181 stores. It posted sales of RM330m in 2019 but the Covid lockdowns affected sales in…
Capital markets executive summary | Thu 25 May 2023 CelcomDigi 1Q net profit up 34.63% The figure rose from RM236.15m in 1Q ended 31 Mar 2022 to RM317.92m in 1Q ended 31 Mar 2023. Underlying the results was improved revenue contributions and foreign exchange gains offset by accelerated depreciation. This is the 1st full quarter…
Capital markets executive summary | Wed 24 May 2023 Coastal Contracts 3Q net profit up 347% Larger share of joint venture (JV) profit of RM129.87m boosted net profit from RM44.32m in 3Q ended 31 Mar 2022 to RM153.66m in 3Q ended 31 Mar 2023. The company earned higher interest income from a loan to a…
Capital markets executive summary | Tue 23 May 2023 AirAsia X issues RM50m shares for working capital The company will place out 32.26m new shares or 7.78% of its total shares at RM1.55 per share. It has entered into conditional share subscription agreements with Lavin Group Sdn Bhd (16.13m shares), AHAM Asset Management Berhad (12.91m…
Capital markets executive summary | Mon 22 May 2023 KPJ Healthcare allocates RM500m capex The money will be used for its new hospital in Kuala Selangor scheduled to open in early 2024, improvements to its 29 existing hospitals, purchase of new equipment and managing the data infrastructure. In Sep 2022, the company opened KPJ Damansara…
Capital markets executive summary | Fri 19 May 2023 MHB net profit up 30% Net profit for Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) – a subsidiary of Petronas – grew from RM2.72m in 1Q ended 31 Mar 2022 to RM3.54m in 1Q ended 31 Mar 2023. Revenue increased 18.77% from RM417.78m to RM496.23m….
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.