AmInvestment Bank Bags Two Awards at the 8th Annual Alpha Southeast Asia Deal & Solution Awards 2014

(First photo, L-R: Tuan Haji Mohamad Sabirin, Senior Vice President, AmIslamic Bank Berhad, Mr Siddiq Bazarwala, Publisher, Alpha Southeast Asia and Dato’ Mohd Effendi Bin Abdullah, Senior Vice President/Head, Islamic Markets, AmInvestment Bank Berhad. Second photo, L-R: Mr Seohan Soo, Executive Vice President, Markets, AmInvestment Bank Berhad and Mr Siddiq Bazarwala.​)

AmInvestment Bank Berhad (“AmInvestment Bank”) has been awarded the Most Innovative Deal of the Year in Southeast Asia for AmIslamic Bank’s RM200 million Basel III Sukuk and Best Islamic REIT Deal of the Year in Southeast Asia for KLCC REIT’s RM3 billion Sukuk Murabahah Programmes at the 8th Annual Alpha Southeast Asia Deal & Solution Awards 2014 ceremony on 29 January in Kuala Lumpur. 

The Most Innovative Deal of the Year in Southeast Asia award was presented by Mr Siddiq Bazarwala, Publisher, Alpha Southeast Asia to YBhg Dato’ Mohd Effendi Bin Abdullah, Senior Vice President/Head, Islamic Markets, AmInvestment Bank, who accepted the award on behalf of the bank. AmInvestment Bank was appointed as the sole Principal Adviser, Lead Arranger and Lead Manager for the MYR200 million Sukuk issued under the MYR3 billion Basel III-compliant Tier 2 Subordinated Sukuk Murabahah Programme. The Sukuk issuance represents the first Rated Basel III-compliant Tier 2 Sukuk issuance in Malaysia which demonstrates AmInvestment Bank’s capability in Sukuk structuring and is another highlight in its profound track record in product innovation. Tuan Haji Mohamad Sabirin, Senior Vice President, AmIslamic Bank Berhad (“AmIslamic Bank”) was also present to accept the award on behalf of the issuer, AmIslamic Bank. 

The Best Islamic REIT Deal of the Year in Southeast Asia award was presented to Mr Seohan Soo, Executive Vice President, Markets, AmInvestment Bank who accepted the award on behalf of the bank. KLCC REIT’s RM3 billion Sukuk Murabahah Programmes was a joint collaboration where AmInvestment Bank acted as Joint Principal Adviser, Joint Lead Arranger, Joint Lead Manager and Joint Bookrunner. The deal represents the first AAA-rated corporate REIT in Malaysia which reflects the REIT’s superior financial profile and close proximity to PETRONAS as the majority unitholders and is reinforced vide PETRONAS’s long term triple net lease agreements. 

Mr T C Kok, Managing Director/Chief Executive Officer, AmInvestment Bank Berhad said, “Winning these major awards demonstrates our continued strengths and capabilities as a trusted partner that enables some of Malaysia’s most prominent deals. These awards also pay tribute to our clients who demonstrate a true commitment to expanding the Malaysian capital markets.” 

Other recent significant wins include Best FX Bank for Corporates & FIs (won for the third consecutive year) at the Alpha Southeast Asia 8th Annual Best Financial Institution Awards 2014. 

The 8th Annual Alpha Southeast Asia Deal & Solution Awards 2014 is organised by Alpha Southeast Asia, a monthly institutional magazine. Since its highly successful January 2007 launch issue, Alpha Southeast Asia has published monthly reports on wealth management, equity strategy, macroeconomic outlook, cash management, trade financing, local currency bond markets and Islamic finance in Southeast Asia. ​​​​​​​​