Maybank Investment Banking Group makes a maiden listing of structured warrants on the Indonesia Stock Exchange (IDX) over eight blue-chip component companies of the IDX30. With this launch, the group’s structured warrants business is now in three ASEAN countries – Malaysia, Thailand and Indonesia.
Michael Oh-Lau, CEO of Maybank IBG said, “The expansion into Indonesia reinforces our regional position and commitment to customer centricity. We are seeing the rapid rise in participation and sophistication of the ASEAN retail investor. In an expanding and volatile market with investors turning to trading and the willingness to seek out alternative investment products, we believe the interest in structured warrants will grow. As a leading regional player in investment management, we will continue to put customer needs first with innovative products.”
Azzahir Azhar, Regional Head of Equity & Commodity Derivatives of Maybank IBG said, “We are optimistic about the longer-term outlook, and are working with the stock exchange to add depth and breadth to the capital markets.” This issuance in Indonesia follows Maybank Investment Bank’s recent introduction of seven new structured warrants over companies in Malaysia with market capitalisation of between RM500 mil to RM1 bil, a first after Bursa Malaysia revised its requirements on 19 January.
For over a decade, Maybank IBG has been active in equity derivatives, launching a variety of exchange-traded and over-the-counter products. In 2022, Maybank IBG launched more than 400 structured warrants in Malaysia and Thailand. It has also won The Asset Triple A Private Capital Awards for Best Bank for Investment Solutions, Equity in Malaysia since 2020. Maybank IBG is committed to being a long-term issuer of structured warrants in ASEAN, and has invested significantly in building the infrastructure, local capability, and investor education through various channels.
