Maybank Kim Eng Tops ASEAN League Table For Equity Capital Markets
Kuala Lumpur, 27 January 2015 – Maybank Kim Eng tops the 2014 Dealogic ASEAN League Table for Equity Capital Markets (ECM), securing the highest deal volume for ECM Bookrunners in ASEAN for year 2014.
For Debt Capital Market (DCM), it ranks 2nd for Bloomberg’s ASEAN Domestic Bonds league table, 3rd for Bloomberg’s ASEAN Loans Book Runner league table and retains its top 3 position in the Global Sukuk Market.
On the Equities front, Maybank Kim Eng maintains its position as ASEAN’s largest equities franchise with the highest trade value in 2014. It was also named Best Broker in ASEAN by Alpha Southeast Asia and maintained its dominance and stronghold in Thailand as the top broker for the 13th consecutive year.
Chief Executive Officer of Maybank Kim Eng Group and Maybank Investment Bank John Chong said, “Despite the challenging environment in 2014, Maybank Kim Eng continued to strengthen its position in the Investment Banking space in ASEAN. Whilst we maintain our solid performance in Malaysia, we are making strong headway in the region.”
During the year, Maybank Kim Eng led several notable deals in Malaysia and regionally which
propelled it to its leadership position in the region. Amongst the ECM deals executed were the US$359.1 million Initial Public Offering (IPO) of Boustead Plantations Berhad, the largest IPO in Malaysia for 2014 and US$259.8 million IPO of 7-Eleven Malaysia Holdings Berhad (which was awarded Best IPO Deal (Malaysia) by the Asset Triple A and The Edge).
In the region, Maybank Kim Eng was the lead manager in landmark transactions such as the US$488.2 million IPO of Impact Growth REIT, Thailand’s first ever REIT listing and the US$300 million IPO of Kaset Thai International Sugar Corp PCL, the third largest Thailand IPO in 2014. Maybank Kim Eng also played a pivotal role in the US$1,137.3 million Rights Issue of True Corporation and US$266.2 million Rights & Placement of CPN Retail Growth Leasehold Property Fund, the largest and second largest follow-on in Thailand in 2014 respectively.
In the DCM space, Maybank Kim Eng acted as the Joint Lead Manager and Joint Bookrunner for the multiple award-winning Cagamas Global CNH1.5 billion Tiger Emas Bond, which was the largest CNH bond issuance by a Malaysian and Southeast Asian issuer to-date. This landmark transaction received international recognition and was awarded the Best RMB (Offshore) Offering in the Finance Asia 2014 Achievement Awards and Best Foreign Currency Bond Deal of the Year in Southeast Asia for Alpha Southeast Asia’s 8th Annual Deal and Solution Awards.
Maybank Kim Eng also acted as Joint Global Coordinator for FCL Treasury’s SGD600.0 million Subordinated Perpetual Securities, which is the largest perpetual securities issuance in
Singapore for 2014, and PT Wahana Ottomitra Multiartha’s IDR800.0 billion Sustainable Bonds.
John Chong added, “This achievement is the result of the firm long term relationship we have with our clients and Maybank Kim Eng’s strong regional connectivity which enable us to
connect our clients to the region’s key markets.”