Thursday 25 Apr 2024
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KUALA LUMPUR (Apr 3): AmInvestment Bank Bhd has swept up five awards at RAM Rating Services Bhd's 12th RAM League Awards 2014.

The awards ceremony on March 27, 2015 saw it taking home two RAM Distinction 2014 awards, two Market Pioneer Awards and a Blueprint Award.

“These awards are testament to AmInvestment Bank’s commitment and expertise in developing the bond and sukuk markets in this country,” the merchant bank’s managing director cum chief executive officer Kok Tuck Cheong said via a statement today.

“Once again we would like to thank our clients for their support. We look forward to future collaborations in their future funding needs, while bringing further innovation to the marketplace,” he added.

The distinction awards are namely the Lead Manager Award Islamic 2014 by Programme Value (2nd), and the Lead Manager Award Islamic 2014 by Number of Issues (Joint 3rd).

The two Market Pioneer Awards are: the First Basel III-compliant Sukuk for its AmIslamic Bank Bhd's RM3 billion Subordinated Sukuk Murabahah Programme, and the World's First RMB-bond by a Mortgage Corporation for its Cagamas Global Sukuk Bhd's US$2.5 billion Multi-Currency Sukuk Programme.

The Blueprint award, meanwhile, is in recognition of New Real-Estate Benchmark Deal, which is for its Midciti Sukuk Bhd's Sukuk Murabahah Programme of up to RM3 billion in nominal value.

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