09 October 2016
Second-time conferment of award affirms CIMB’s IB credentials in Asia-Pacific
Kuala Lumpur: CIMB Group (“CIMB” or “the Group”) has won the award for Most Innovative Investment Bank in Asia-Pacific conferred by the prestigious UK-based The Banker Investment Banking Awards 2016. The Banker, part of the Financial Times Group, provides economic and financial intelligence for the world's financial sector.
Dato’ Sri Nazir Razak, Chairman, CIMB Group was on hand to receive the accolade at the award presentation ceremony in London recently. This was the second time that the Group was conferred the award, affirming CIMB’s deep regional expertise and well-honed capability in arranging a wide range of investment banking deals in corporate finance, equity capital markets and debt capital markets in the Asia Pacific region.
Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive, CIMB Group, said, “We are honoured to receive the award for Most Innovative Investment Bank in Asia Pacific from The Banker. This recognition is also testament to our clients’ continued confidence in CIMB’s ability to deliver and execute the best investment banking solutions for their needs.”
Notable deals for CIMB in the Asia Pacific region included Axiata Group Berhad’s acquisition of 80% equity interest in Nepal’s leading mobile operator, Ncell Pte Ltd, worth RM5.9 billion, for which CIMB was the principal advisor. CIMB also led Khazanah Nasional Berhad’s RM829 million IHH Healthcare block trade which was the largest in Malaysia as at May 2016. In the equity capital markets, a highlight deal was Red Star Macalline Group’s US$931 million IPO on the Main Board of the Hong Kong stock exchange, for which CIMB Investment Bank was the only Southeast Asian bookrunner, executing together with CIMB Securities as joint bookrunner and joint lead manager.
Other notable deals for CIMB during the year included the US$1.0 billion Trust Certificates under the Shariah principle of Wakala by the Government of Hong Kong (Lead Manager, Bookrunner and Shariah Adviser), the MYR 1.0 billion Sukuk Programme established under the “Sustainable and Responsible Investment Sukuk” framework as well as the first CGIF-Guaranteed Bond Issued by a Thai Corporate (IVL Singapore Pte. Ltd’s first offshore bonds issued outside Thailand, for SGD195 million).