Capital markets news summary for Fri 3 Mar 2023 LTAT wants to privatise Boustead at 85.5 sen per share Lembaga Tabung Angkatan Tentera (LTAT) has made a voluntary offer for the remaining 822.51m or 40.58% of Boustead shares it does not already own. The offer price is at a 30.5% premium over the last traded…
Capital markets news summary for Thu 2 Mar 2023 Paramount’s 4Q2022 net profit down 22.4% The company earned net profit of RM18.89m compared with RM24.35m in 4Q2021. The fall is in tandem with revenue shrinking by 22.72% from RM317.34m to RM245,24m. This seems to be the trend for most companies as an omen of an…
Capital markets news summary for Wed 1 Mar 2023 Yinson signs 15-year FPSO contract for Angola The company signed the agreement with a subsidiary of Azule Energy, a 50:50 joint venture between BP and Eni. The aggregate value of the contract is USD5.3b over a 15-year period after final acceptance with the option to extend…
Capital markets news summary for Tue 28 Feb 2023 Pharmaniaga’s RM552.3m vaccine provision triggers PN17 The company made the provision for slow moving inventories according to MFRS102 Inventories. Concurrently, it also wrote down the goodwill of the Indonesian units of RM50.3m. As the result, Pharmaniaga posted RM664.39m in net losses for 4Q2022. Revenue increased 21.22%…
Capital markets news summary for Mon 27 Feb 2023 Cautious trading in Bursa this week Geopolitical risk arising from China’s reported increase in support for Russia and hawkish US Federal Reserve pushing up rates will weigh on regional risk sentiment with investors shifting to safe-haven trades. As such, the FBM KLCI will move within a…
Capital markets news summary for Fri 24 Feb 2023 Dairy Farm sells Giant to Malaysian investors The London, Singapore and Bermuda-listed company entered into an agreement to sell its Malaysian food business. Since entering the Malaysian market in 1999, it now operates 40 Giants hypermarkets, 40 Giant Mini stores, 8 Mercatos, 2 Cold Storages and…
Capital markets news summary for Thu 23 Feb 2023 Gamuda buys Australian transport projects for AUD212m The company signed the agreement with Downer EDI Works Pty Ltd and VEC Civil Engineering Pty Ltd to acquire the business which provides civil construction services with specialist rail capability. The purchase price equivalent to RM636m will be paid…
Capital markets news summary for Wed 22 Feb 2023 AAX posts RM153m net profit with 50% fleet activated The results for the quarter ended 31 Dec 2022 showed revenue increasing to RM339.3m by carrying 337,638 passengers. Average base fare was a record high of RM866 supported by pent up demand for air travel post-Covid. Ancillary…
Capital markets news summary for Tue 21 Feb 2023 WCE Holdings selling property development company to IJM for RM494m The company – which is 26.65% owned by IJM – is the developer of the RM5.044b West Coast Expressway from Banting, Selangor to Taiping Selatan, Perak. Construction is at 82% and 4 of the 11 sections…
Capital markets news summary for Mon 20 Feb 2023 CPO futures to trade lower this week The active month of May 2023 crossed RM4,000 per tonne – the first time since 9 Jan –driven by Indonesia’s policy of suspending the unutilised export permits to safeguard the domestic supply of cooking oil during ramadhan. The strong…
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.