Maybank IB and CIMB IB Among Leaders In MARC’s 2022 Lead Managers League Tables

MARC recognised exceptional performers in its 2022 Lead Managers’ League Tables, these league tables evaluate lead managers based on the volume and number of lead-arranged issuances rated by MARC Ratings in a specific year.

This time around, Maybank Investment Bank Berhad emerged as the leader in the issue count league table of debt and sukuk programmes/issuances rated by MARC Ratings. Following closely behind, CIMB Investment Bank Berhad secured the second position, while RHB Investment Bank Berhad and HSBC Amanah Malaysia Berhad secured a third place as joint winners.

In terms of issued value, CIMB Investment Bank Berhad claimed the top position in the 2022 Lead Managers’ League Tables. Maybank Investment Bank Berhad secured the second spot, with RHB Investment Bank Berhad attaining the third position.

Notable corporates involved in deals rated by MARC Ratings were recognised in separate categories. Projek Lebuhraya Usahasama Berhad (PLUS) was honoured with MARC’s Sukuk of the Year Award, with its RM25.2 billion of Islamic Medium-Term Notes (MTN) Programme being the world’s largest single-rated sukuk-issued by a corporate.

Meanwhile, Amanat Lebuhraya Rakyat Bhd was the winner of MARC’s Innovative Deal of the Year Award for its highway trust model, being the first of its kind in Malaysia that is deemed a win-win deal for concession holders, the government and highway users over the long run.

The Project Financing Award 2022 was awarded to TNB Power Generation Sdn Bhd for the Nenggiri hydropower plant project, with its structured payment schedule. MARC’s Sustainability Award 2022 was awarded to KPJ Healthcare Berhad’s Point Zone (M) Sdn Bhd for its overarching sustainability initiatives that align with its commitment to address gaps in the healthcare sector.

“I would like to extend my heartfelt congratulations to all the award recipients today. Your dedication, resilience, and unwavering pursuit of excellence have set new benchmarks within the industry. Your contributions to the capital market have not only enhanced the growth of your institutions but have also propelled the entire nation to greater heights”, said Datuk Jamaludin Nasir, MARC’s Group Chief Executive Officer.

“Malaysia has made significant strides in promoting Islamic finance which has emerged as a crucial component of Malaysia’s financial landscape, attracting investors seeking Shariah-compliant investment opportunities”.

He added that the capital market has played a vital role in driving economic growth, attracting investments, and ensuring financial stability in Malaysia. They provide a platform for companies to raise funds, facilitate investment opportunities for individuals and institutions, and contribute to the development of a robust financial system.

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