Capital markets news summary for Fri 17 Feb 2023 Fitch reaffirms Malaysia’s BBB+ rating The rating reflects a diversified economy with strong medium-term growth prospects against high public debt, low revenue base relative to operating expenditure and political instability that hinders long-term policy-making. The rating agency projects gross domestic product (GDP) growth at 4% in…
Capital markets news summary for Thu 16 Feb 2023 Malaysia’s 2P petroleum reserves at 6.9b barrels, 61% in Sarawak 4.2b probable and proven (2P) barrels of oil equivalent are in Sarawak while 1.3b are in Sabah. 2P reserves have more than 50% chance of being technically and economically possible to be produced. Although the country’s…
Capital markets news summary for Wed 15 Feb 2023 TIME investors concerned about losing growth catalyst with sale of data centre The company filed with Bursa on 22 Nov 2022 that it will divest 49% of the ordinary shares and 100% of the irredeemable convertible preference shares in AIMS Data Centre Holdings and 21% in…
Capital markets news summary for Tue 14 Feb 2023 Hong Seng expands further into EV The company with businesses in glove manufacturing, healthcare services and supplies and moneylending is acquiring Alliance EV from CSH Alliance for RM20m. Alliance EV is collaborating with BYD Malaysia for the distribution of the BYD T3 commercial electric van, the…
Capital markets news summary for Mon 13 Feb 2023 Iris selling 80% of NIISe developer for RM70m The company is retaining the balance 20% in Iris Information Technology Systems (IITS) which is the developer of the RM1.13b National Integrated Immigration System (NIISe). The purchaser is Tass Tech Technologies Sdn Bhd (TTT), whose holding company Tass…
Capital markets news summary for Fri 10 Feb 2023 Government to set up airport development fund The Airport Development Fund (ADF) will be funded via 50% of the passenger service charge (PSC) component of the user fee that Malaysia Airports Holdings Berhad (MAHB) pays to the government. The PSC is paid by departing passengers. The…
Capital markets news summary for Thu 9 Feb 2023 BNM shouldn’t raise SRR now Dr Yeah Kim Leng – a member of the special advisory body advising the Minister of Finance – believes that raising the Statutory Reserve Requirement (SRR) should be delayed given the expected global economic slowdown. Banks are required to maintain Statutory…
Capital markets news summary for Wed 8 Feb 2023 MyEG battered down 27% due to uncertainty The Immigration Department director general was reported to have said that all immigration services and processes will revert to the Immigration Department by 2025 including those currently managed by third parties. The Home Ministry has allocated RM900m for the…
Capital markets news summary for Tue 7 Feb 2023 Subang Airport Regeneration Plan approved by Cabinet The plan – which was prepared by Malaysia Airports Holdings Berhad – will focus on the development of the aerospace ecosystem, general aviation and business aviation, and city and secondary airport. Scheduled passenger flights and belly cargo flights using…
Capital markets news summary for Mon 6 Feb Skills mismatch for Malaysian graduates worrying This has caused graduates to be employed in semi-skilled and low-skilled jobs, a situation of skill-related underemployment. There is also attitudinal issues with graduates not willing to learn the basics once employed. According to a Malaysian Employers Federation (MEF) salary survey…
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.