Capital markets news summary for Fri 17 Mar 2023 Microlink wins RM18m contract to maintain government home loan management system The company has secured the 5-year contract with the Public Sector Home Financing Board (LPPSA) for the provision of maintenance and support services. The contract – valued at RM17.79m – is subject to a formal…
Capital markets news summary for Thu 16 Mar 2023 4 people arrested for Alpha Circle sukuk misappropriation The company is the fundraising vehicle for NERS – which signed the concession to develop a foreign worker biometric system with the government on 20 Jul 2011 for a 12-year term. The board of directors on 29 Aug…
Capital markets news summary for Wed 15 Mar 2023 Landmark’s Andaman Resort defaults on RM133m financing facility A fire which broke out at the Andaman Resort in Jan 2021 caused the biggest revenue contributor to cease operations affecting the company’s cashflows. OCBC Bank issued a notice of recall on 8 Mar demanding the repayment of…
Capital markets news summary for Tue 14 Mar 2023 Rashid Manaf to become controlling shareholder of EATech The company – which has been classified as PN17 since 28 Feb 2022 – announced a consolidation of 530.5m shares to 35.37m, or 15-to-1. EA Technique (EATech) closed at 29 sen, meaning the consolidated shares will be worth…
Capital markets news summary for Mon 13 Mar 2023 Axiata in talks with global investment funds to sell USD1.2b stake in edotco Global infrastructure funds are interested in Southeast Asian telecommunications assets because of strong growth prospects. Axiata – which owns 63% of edotco – is considering even giving majority control to secure the deal….
Capital markets news summary for Fri 10 Mar 2023 BNM keeps OPR at 2.75% As inflation is expected to moderate in 2023 and any price pressures are contained with price controls and subsidies, Bank Negara Malaysia (BNM) decided to keep the overnight policy rate (OPR) unchanged. In 2022, BNM raised the OPR by 1% primarily…
Capital markets news summary for Thu 9 Mar 2023 Astro share price up 22% on privatisation talks Its share price added 13.5 sen to hit an intraday high of 74.5 sen, and later closed at 73 sen. It was the 4th most active counter with trading volume of 72.04m or 12 times its 2-month average…
Capital markets news summary for Wed 8 Mar 2023 Oppstar shares for Malaysian public oversubscribed 77 times The company will be listed on the ACE Market on 15 Mar. It plans to raise RM104.25m in the public share sale of 165.5m shares or 26% of its enlarged capital at 63 sen per share. 31.81m shares…
Capital markets news summary for Tue 7 Mar 2023 Lower inventory keeps palm oil futures high The Mar crude palm oil (CPO) futures contract is trading at RM4,260, a 4-month high. In 2Q2023, CPO futures are expected to remain RM4,200-RM4,700. The market anticipates that Indonesian and Malaysian production will fall. There are several factors which…
Capital markets news summary for Mon 6 Mar 2023 Japan’s Myfarm invests RM210m in PLS Plantations’ durian project Myfarm will purchase 49% of Akar Barat from PLS-LESB for RM181.8m. The durian plantation is on 1,000 hectares of land in Raub, Pahang and is planted with Musang King durian trees aged up to 3 years old….
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.