CIMB Investment Bank Reaffirms Commitment to Help Clients Reshape Their Future in ASEAN

04 January 2018

Kuala Lumpur: CIMB Investment Bank (“CIMB”) today hosted its 10th Annual Malaysia Corporate Day, to empower its corporate clients and investors with invaluable insights - drawn from CIMB's Investment Banking expertise, extensive local and regional network, as well as a deep-rooted understanding of ASEAN - to help formulate their business strategies for the year ahead. 

The event – attended by 800 top corporate representatives, investors and fund managers - was graced by Datuk Seri Johari Abdul Ghani, Second Finance Minister, Dato’ Sri Nazir Razak, CIMB Group Chairman and Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive, CIMB Group. Dato’ Seri Johari featured in a highly-engaging 40-minute one-on-one session with Dato’ Sri Nazir Razak, on a wide range of topics from the upcoming GE14 to the positives and threats of the Fourth Industrial Revolution. 

Tengku Dato’ Seri Zafrul Aziz, Group Chief Executive, CIMB Group commented, “We expect 2018 to be an exciting year for investment banking, buoyed by a positive outlook and strong fundamentals that could boost the market such as better corporate earnings, expectations of RM90billion infrastructure bond/sukuk issuances, as well as potential IPO and M&A activities. On the back of an encouraging local and regional economic growth, CIMB’s Investment Banking is well-geared to support our clients’ corporate objectives by offering complete end-to-end solutions, leveraging on our strong, award-winning investment banking capabilities, backed by a well-established ASEAN network”, added Tengku Zafrul. 

The CIMB 10th Annual Malaysia Corporate Day featured seven plenary sessions featuring notable speakers, including entrepreneurs like Anand Krishnan (MD of Endeavour Malaysia), Datin Vivy Yusof (co-founder of Fashion Valet and the Duck Group), Loi Tuan Ee (founder of Holstein Milk) and See Wai Hun (co-founder of Juris Technologies). It also featured dynamic discussions on reshaping Malaysia’s future, the GE14 and property market prospects in 2018. 

On CIMB’s 2017 performance, it was highlighted that the Group had performed well, and was notably the best-performing banking stock, and the second best-performing stock on the FBMKLCI, yielding total shareholder returns of 51.2% (on adjusted basis, ex-dividend) last year. “Thanks to the excellent execution of our T18 strategy, the Group recalibrated quickly and is now on a sustainable growth path, underpinned by our emphasis on the 5C’s which are capital, cost, compliance, customer, and culture. I am happy to say that we are on track to meet all our T18 targets by end-2018,” concluded Tengku Zafrul.